In the report, the HSRC analysts include both the Homeland Security as well as the Public Safety markets since, in many cases; products have dual-use applications and present the same business opportunities, for example, the Bio terror mitigation infrastructure is also used to contain pandemic disease outbreaks, and first responders command control and communication systems, are used to respond to both manmade disasters like terror events and natural disasters like floods and earthquakes (public safety).

The report illustrates that annual investments in HLS and Public Safety products and services (excluding: HLD post-warranty revenues) purchased by the U.S. Federal agencies and private sector increased from $48 Billion in 2011 to $51 billion in 2012 and is forecasted to increase to $81 billion by 2020.

In addition the new report demonstrates that the total U.S. HLS, HLD, HLS related Counter-terror & Public Safety Markets (including post-warranty maintenance and upgrades revenues) is estimated to grow from $74.5 billion in 2012 to $107.3 billion in 2020 at a CAGR of 4.7%. Analysts also point out that unlike most other government sectors, the 2013-2020 federal, state and local government funding for HLS & Public Safety will grow over the next eight years at a CAGR of 4-5%.This growth is driven by a solid bipartisan congressional support.

The report also finds that technology advances and better performance drive demand for upgrade of legacy systems, and that the DHS has a key role in the industry, but it does not dominate the market. DHS controls only a fraction of the total HLS, HLD and Public Safety market.

In the report, HSRC concludes that the State & Local HLS market is larger than the DHS market. This market (i.e., 50 states and over 30.000 counties and cities) represents 23% of the total HLS, HLD and public safety business opportunities.  It is widely known that the U.S. federal agencies possess some of  the most advanced HLS-HLD technologies in the world. However, due to their age and legacy architectures, they believe that the time has come for major transformations.

According to HSRC, this is the most comprehensive review of the U.S. Homeland security and public safety market available today and provides the only detailed and reasoned roadmap of this complex market.