View Systems, Inc. (VSYM) Hits Security Screening Market Sweet Spot with Safe & Rapid Walk-Through Weapon Detection System
A recent report published by MarketsandMarkets on the global security screening sector projects a CAGR of around 9.46% over the next five years, when the space will hit upwards of $9.1 billion, driven largely by demand from airport, private sector facility and public place security concerns looking to thwart criminal activity and the growing risk of terrorism. Homeland Security Research Corporation reported last year that globally, person-borne IED suicide attacks were 90 percent higher than in 2011, with over 3,500 fatalities. One of the most important segments in the overall space continues to be aviation security. Despite the historical dominance…