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Frost & Sullivan predicts up to 8% growth in Middle East airport security market

28-Apr-2010 9:30 AM

Frost & Sullivan announced (27-Apr-2010) research on the Middle East airport security market found the market earned revenues of USD34.7 million in 2008 and estimates this to reach USD57.7 million in 2015. Airports have been upgrading their security systems to comply with new government regulations and are preparing for escalating terrorist threats in the region. Frost & Sullivan Research Associate, Mirnalini Kumaran, stated the market is expected to grow between 6% and 8% in the next five to eight years. [more]