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By Leif Kothe F ort Worth, texas—the North American physical security mar- ket for marine ports is expected to maintain consistent growth over the next fve years, due in part to the perception of the government that critical infrastructure facilities are prime targets for terrorists, according to a new report from MicroMar- ketMonitor, a market research company based here. Between 2014 and 2019, the physical security segment of the North American port security market is expected to rise from $5.30 billion to $7.64 billion, refect- ing a compound annual growth rate of 7.6 percent, rana Gopal, assistant manager- research at MicroMarketMonitor, told Secu- rity Systems News. Ports in North America, as with many enterprises and other government institu- tions, are implementing robust physical security solutions because of the heightened potential for incidents of sabotage on critical infrastructure, "particularly by terrorists," Gopal noted. the physical security portion of the port security market includes access control, video surveillance and analytics, screening and scanning, and weapons, drugs and explosives detection. It also encom- passes asset and visitor management, perimeter intrusion detection and fire protection, among other applications, Gopal told SSN. over the forecast peri- od, Gopal expects a bevy of newer techno- logical applications to become increasingly important to the evolving port security land- scape. "Scanning technologies used by port authorities, national coast guards, customs officials and other law enforcement and security companies" are expected to become a more critical component of port security, he said, noting that such technologies are used to scan containers and vessels. In port applications, integrators will also need to focus on technologies that help end users "seamlessly ft new devices into existing security infrastructure," Gopal said. Another factor fueling growth in the port secu- rity market is the demo- graphic trend of urbaniza- tion, which is linked to an increase in crime rates. this trend especially affects security decision- making with marine ports, which are typi- cally located in densely populated areas, placing a greater onus on governments, aware of the correlation between urban- ization and crime, to enhance security accordingly. Because the market is projected to remain on a relatively steady growth trajectory, Port security market poised to expand Gopal says there are "no such implica- tions yet that there will be any dip in secu- rity spending" in the North America port security market. ssn north American port security market (physical) Market projected to grow at CAGR of 7.6 percent over five-year forecast period The physical security portion of the port security market includes access control, intrusion detection and video surveillance and analytics. security stats 2 www.securitysystemsnews.com october 2014 SecUrItY SYSteMS NeWS security stAts