Research Reveals that State and Local HLS-HLD Market Larger than DHS
Over the next five years, the US HLS-HLD market (federal, state and local governments, and the private sector) will grow at a CAGR of at least 5% from $69 billion in 2010 to $85 billion by 2014.HSRC’s newest release, US Homeland Security & Homeland Defense (HLS-HLD) Markets – 2010 – 2014, is the most comprehensive review of the world’s largest HLS-HLD market available today.
|The US HLS-HLD Market [$B] by Procurement Authority– 2010 & 2014|
- The “state & local” HLS market is larger than the DHS and DOJ markets combined. This market (i.e. 50 states and over 30.000 counties and cities) represents 23% of the total HLS-HLD business opportunities.
- The DHS does not dominate the market. DHS controls only 19% of the total HLS-HLD market. Focusing exclusively on the DHS will overlook 81% of the HLS-HLD market.
- The “private sector” HLS procurement represents 12.5% of the market.
- The Homeland Defense (HLD) and Intelligence Community establishment control 29% of the HLS-HLD market.