Border security solutions are of the utmost importance in South America as most countries experience migratory crises and some are affected by illegal crossings and armed conflicts related to instability in Venezuela. Transnational crime, such as drug trafficking and smuggling, is incessant in this region.
In this analysis, Frost & Sullivan provides an overview of border security spending and industry participants in South America, highlighting key growth drivers, restraints, and opportunities. Among the persisting challenges facing the industry include economic difficulties and competing spending priorities (which leads to budget limitations for border security).
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