Global Energy-Security Market to Top US$29 Billion by 2018

摘要

The world’s oil and natural-gas security market is expected to rise from US$23.33 billion in 2013 to $29.98 billion by 2018 – and at a compound annual growth rate (CAGR) of 5.2% during that period, according to a Research and Markets report published October 18. “Securing oil and gas rigs, exploration sites, plants and storage [are] one of the critical issues being faced by oil and gas operators across the globe,” the report summary notes, and both developed and developing countries could see a rise in terrorist activities and cyber-attack threats in these industries.