The Future of Loitering Munitions: Key Drivers, Regional Growth, and Technological Advancements
The loitering munitions market is evolving rapidly, driven by technological innovations, growing defense budgets, and shifting global security dynamics. These versatile and cost-effective weapons, combining the capabilities of missiles and drones, are transforming modern warfare, offering unparalleled precision and operational flexibility. By 2029, the market is projected to reach USD 815.3 million,...
North America Leads the Border Security Market: A Regional Analysis to 2029
North America is set to dominate the global border security market, accounting for an estimated 58.5% market share in 2024. The region’s leadership is driven by several factors, including its complex geopolitical landscape, economic capabilities, and strategic focus on securing both land and maritime borders. With increasing concerns over illegal immigration, drug trafficking, and potential...