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Study Sees 10.7% Annual Growth in Transportation Security Market

The global Transportation Safety and Transportation Security Market is expected to grow from $37.8 billion in 2013 to $62.96 billion in 2018, according to a MarketsandMarkets forecast. The North American market is expected to be the biggest, according to the…

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report. The major drivers of growth of the market are the constant need of public safety, massive infrastructural development, higher return on investment (ROI) from enhanced security, and business continuity, it said.