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Growth of maritime security market to hit CAGR of 9.2% between 2013-18

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Maritime Security Market: Worldwide Market Forecasts 2013-2018 - a new market research report on companiesandmarkets.com

 

PR-Inside.com: 2014-03-17 14:41:02
The global maritime security market is forecast to grow from $12.55 billion in 2013 to $19.48 billion in 2018, at a Compound Annual Growth Rate (CAGR) of 9.2% from 2013 to 2018.The Asia Pacific (APAC) is expected to have the largest market share, which will be succeeded by North America (NA), in 2018. Due to increase in the laws and regulations, and also the increasing instances of maritime threats, an increasing trend in implementation of maritime security solutions in the emerging Brazil, Russia, China, and India (BRIC) countries has been noted.

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