Public safety and security are vital for economic development and the community’s well-being. Improvements can only be witnessed when government embraces the infrastructure and technologies that allow intelligence departments to gather, understand, analyze, and detect activities in real-time. Using smart technologies such as the internet of things (IoT), artificial intelligence, network devices, and technologies enables communities to protect critical infrastructure, improve public safety, and positively affect residents’ lives.
The Global Public Safety and Security market research report published by market insight reports discovers the current outlook in global and key regions from the viewpoint of Major Players, Countries, Product Types, and end industries. This report studies top players in the global market and divides the Market into several parameters.
This Public Safety and Security Market research report pinpoints the competitive landscape of industries to understand the competition at the International level. This report study describes the projected growth of the global market for approaching years from 2024 to 2030. This research report has been accumulated based on static and dynamic views of the businesses.
The global public safety and security market size was USD 397.53 Million in 2020 and is projected to reach USD 1000.52 Million by 2029, exhibiting a CAGR of 10.8% during the forecast period.
Click Here to Get a Sample PDF Copy of the Latest Research on the Public Safety and Security Market 2024
exactitudeconsultancy.com/reports…t-a-sample
DRIVING FACTORS
Digital Transformation in Security Operations to Propel Market Growth
Increasing digitization, connectivity and data fuel digital transformation. This transformation occurs across industries to create new services, improve operational efficiencies and enhance customer satisfaction. It drastically changes how security organizations operate and increases public safety and security provision as digital transformation has digitized security operations due to a more networked and data-led approach. For instance,
- The development of 5G and public safety 4G LTE networks will effortlessly enable data flow from the public to control rooms and first responders. Thus, more information on the ground allows quick access to police databases, allowing quick and better decision-making.
- Likewise, the video security and analytics solutions by Motorola Company are at the forefront of smart video solutions that allow public safety agencies to verify, detect, and act on critical events.
- Similarly, Avigilon Appearance Search technology allows law enforcement personnel and security operators to comb through huge amounts of recorded video to swiftly locate a specific vehicle or person of interest.
Thus, digital transformation in security operations is fueling public safety and security market growth.
The Leading Players in the Global Public Safety and Security Market:
Cisco, Honeywell, IBM, Siemens, Hexagon AB, L3HRRIS Technology, Teltronic, Idemia, Motorola Solutions, Scadafence, SmartCone Technologies, Cityshob, Alcatel Lucent Enterprise, AGT International, General Dynamics.
KEY INDUSTRY DEVELOPMENTS:
- April 2021 – Elbit Systems Ltd. acquired BAE Systems Rokar International Ltd. to integrate Rokar’s technology and system to enhance Elbit’s capabilities in networked precision fire solutions areas.
- March 2021 – Elbit Systems Deutschland was selected by the German Federal Ministry to supply Night Vision Goggles to the German Police.
Segmentation Analysis of the market:
The market is segmented based on the type, product and application. The segmentation helps to deliver a precise explanation of the market.
Global Public Safety and Security Market By Component, 2020-2029, (USD Million)
Solution
Services
Global Public Safety and Security Market By Deployment Type, 2020-2029, (USD Million)
On-Premise
Cloud
Global Public Safety and Security Market By Solution, 2020-2029, (USD Million)
Critical Communication Network
C2/C4isr Networks
Biometric Security And Authentication System
Surveillance System
Scanning And Screening System
Emergency And Disaster Management
Cybersecurity
Public Address And General Alarm
Backup And Recovery System
Global Public Safety and Security Market By Services, 2020-2029, (USD Million)
Professional Service
Managed Services
Global Public Safety and Security Market By End-User, 2020-2029, (USD Million)
Homeland Security
Emergency Services
Critical Infrastructure Security
Transportation Systems
Others
For More Information or Query or Customization Before Buying, Visit
exactitudeconsultancy.com/reports…ty-market/
Regional Analysis for Public Safety and Security Market:
Geographically, this report is segmented into several key Regions, with production, consumption, revenue (million USD), and market share and growth rate of the Public Safety and Security Market in these regions, from 2024 to 2030 (forecast) covering:
Europe, China, Japan, Southeast Asia, India, North America (USA, Canada, and Mexico)
Europe (Germany, France, UK, Russia, and Italy)
Asia–Pacific (China, Japan, Korea, India, and Southeast).
Geographically, the public safety and security market is segmented into five regions such as North America, Europe, Asia Pacific, the Middle East & Africa, and Latin America. These regions are further fragmented into countries.
North America is anticipated as a dominant region in the global public safety and security market owing to recurring government investments to improve the existing security infrastructure to tackle illegal immigration and terrorism. Also, U.S. and Canada are homes to several security and safety solutions providers such as General Dynamics and Cisco Systems, Inc.
Asia Pacific is likely to be the fastest-growing region in the near future. Increasing crime rates, rapid urbanization, cross-border terrorism, and illegal immigration are expected to be the key factors fueling the Asia pacific public safety and security market growth. Moreover, the growing number of smart city projects in this region is anticipated to boost the market growth.
Europe accounts for a significant market share due to rising investment by governments in improving their communication and surveillance systems for safety and security purposes.
Important Features that are under Offering and Key Underlines of the Reports:
– Detailed overview of the market
– Changing market dynamics of the industry
– In-depth market segmentation by Type, Application,.,
– Historical, Current, and projected market size in terms of volume and value
– Recent industry trends and developments
– Competitive landscape of the Public Safety and Security Market
– Strategies of key players and product offerings
– Potential and niche segments/regions exhibiting promising growth
Key highlights of the report:
- Market Performance (2017-2022)
- Market Outlook (2023- 2029)
- Porter’s Five Forces Analysis
- Market Drivers and Success Factors
- SWOT Analysis
- Value Chain
- Comprehensive Mapping of the Competitive Landscape
Table of Contents
– Market Summary
– Economic Impact Competition Analysis by Players
– Production, Revenue (Value) by geographical segmentation
– Public Safety and Security Market Size by Type and Application
– Regional Market Status and Outlook
– Public Safety and Security Market Analysis and Outlook
– Market Forecast by Region, Type, and Application
– Cost Investigation, Market Dynamics
– Marketing Strategy comprehension, Distributors and Traders
– Market Effect Factor Analysis
– Research Finding/ Conclusion
– Appendix
Finally, the Public Safety and Security Market report is a believable source for gaining the market research that will exponentially accelerate your business. The report gives the principle locale, economic situations with the item value, benefit, limit, generation, supply, request, market development rate and figure, and so on. Public Safety and Security industry report additionally Presents new task SWOT examination, speculation attainability investigation, and venture return investigation.
Why Choose Exactitude Consultancy’s Market Report?
- Unbiased conclusions and market insights.
- 24×7 customer service available to address client queries.
- Highly efficient and experienced team of analysts striving to create top-quality reports.
- Our reports have facilitated the growth of over 500 companies.
- The systematic and methodical market research process.
We offer customization on the Public Safety and Security market report based on specific client requirements:
exactitudeconsultancy.com/primary-research/
- Customization 20%
- Five Countries can be added as per your choice.
- Five Companies can add as per your choice.
- Free customization for up to 40 hours.
- After-sales support for 1 year from the date of delivery.
News From
Exactitude Consultancy.Category: Industry Reports & Market Analysis Profile: Exactitude Consultancy is a market research & consulting services firm which helps its client to address their most pressing strategic and business challenges. Our market research helps clients to address critical business challenges and also helps make optimized business decisions with our fact-based research insights, market intelligence, and accurate data.
What we aim is to provide a holistic picture of the market taking into account all the possible market drivers.
With an aim to cover …
For more information:
This post was originally published on 3rd party site mentioned in the title of this site