The report, titled ‘Asia Pacific Airport Security Market Assessment’, notes that Asia Pacific countries are emerging economies with flourishing trade and tourism sectors. But the rise in passenger numbers brings with it increased security concerns.
“These countries are constructing new airports and redeveloping existing ones to meet the demands of increased air traffic, giving a boost to the security spending in these regions,†said Frost& Sullivan research associate MirnaliniKumaran.
Obstacles to selling into this market include reluctance to spend on security systems due to tighter budgets, complex procurement patterns, inconsistent security policies and intensifying competition.