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Homeland Security Market Grossly Overestimated

September 18th, 2009 · 1 Comment

Mercury News Columnist Chris O’Brien has offered a rather gloom view of homeland security market’s future in a recent article O’Brien: The boom in security spending that never was. The article quotes Frost’s analyst:

“The homeland security market has been grossly overestimated,” said David Fishering, a security industry analyst at Frost & Sullivan. “And GE is not the only one that made these kinds of mistakes. The opportunity there was not as great as we were all led to believe.”

We tend to agree that homeland security fiesta is over.

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Tags: Homeland Security

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