Homeland security initiatives are on the rise, thanks in large part to a growing concern over terrorist activity, according to a new report by Transparency Market Research.
The global homeland security market was valued at more than $245 billion in 2013, according to the report. With a steady growth rate of 5.6 percent, the industry will reach $364 billion by 2020.
The report found that rapid growth of homeland security initiatives is spurred on by the growing number of terrorist....