Global IoT (Internet of Things) for Public Safety Market, By Component (Solutions, Platform, Service), End User (Industrial IoT, Connected Healthcare, Smart Transportation, Smart Utilities, Smart Building and Home Automation, Homeland Security, Others), Application (Surveillance and Security, Disaster Management, Critical Infrastructure Security), Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, U.A.E, Saudi Arabia, Egypt, South Africa, Israel, Rest of Middle East and Africa) Industry Trends and Forecast to 2028.
IoT (internet of things) for the public safety market is expected to grow in the forecast period of 2021 to 2028. Data Bridge Market Research analyses the market to reach at an estimated value of USD 5055.4 million by 2028 and grow at a CAGR of 19.5% in the above-mentioned forecast period.
The internet of things (IoT) refers to the rapidly growing network of connected physical objects, embedded with software, sensors, and other technologies used to connect and exchange data with other devices and systems over the internet. Thermostats, lights, refrigerators, cars and other appliances can also be connected to it.
The factors such as surging number of smart city projects and rise in adoption of machine learning and AI-based public safety solutions are expected to emerge as the significant factor accelerating the growth of IoT (internet of things) for public safety market. It also improves real-time performance, which aids in heightening situational awareness. In addition to this, the internet of things is widely used for crime detection and prevention, improving the city's infrastructure and managing the disasters and calamities which will further aggravate the demand of the IoT (internet of things) for public safety market. However, high implementation cost and budget for deploying smart devices, results as a growth restraint for the market.
Many government and law enforcement agencies are implementing different strategies for adopting IoT devices to enhance public safety, which is anticipated to generate lucrative opportunities for the IoT (internet of things) for the public safety market. The technical complexity, connectivity, and power dependence will pose a challenge for the IoT (internet of things) for the public safety market.
This IoT (internet of things) for public safety market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographical expansions, technological innovations in the market. To gain more info on IoT (internet of things) for public safety market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Global IoT (Internet of Things) for Public Safety Market Scope and Market Size
The IoT (internet of things) for public safety market is segmented on the basis of component, end user and application. The growth amongst the different segments helps you in attaining the knowledge related to the different growth factors expected to be prevalent throughout the market and formulate different strategies to help identify core application areas and the difference in your target market.
- On the basis of component, the market is segmented into solutions, platform and service. The Solutions is sub-segmented into crime prediction and prevention, emergency management, law enforcement and others. The platform is sub-segmented into application management, device management, and network management. The service is sub-segmented into system integration services, consulting services, support and maintenance services.
- On the basis of end user, the market is segmented into industrial IoT, connected healthcare, smart transportation, smart utilities, smart building and home automation, homeland security and others.
- On the basis of application, the market is segmented into surveillance and security, disaster management and critical infrastructure security.
IoT (Internet of Things) for Public Safety Market Country Level Analysis
The IoT (internet of things) for public safety market is segmented on the basis of component, end user and application.
The countries covered in the IoT (internet of things) for public safety market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
North America is projected to dominate the IoT (internet of things) for the public safety market during the forecast period due to the surging deployment of various smart cities projects and increasing government adoption of IoT devices for public safety and security within this region. On the other hand, Asia-Pacific is expected to show a lucrative growth due to surge in deployment of various IoT devices.
The country section of the IoT (internet of things) for public safety market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and IoT (Internet of Things) for Public Safety Market Share Analysis
The IoT (internet of things) for public safety market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to IoT (internet of things) for public safety market.
The major players covered in the IoT (internet of things) for public safety market report are Hitachi Vantara Corporation, Microsoft, IBM India Pvt Ltd, NEC Corporation, ThroughTek Co., Ltd, Iskratel, Securens, SmartCone Technologies Inc., Yardarm Technologies, Inc., KOVA Corporation, ESRI, Cradlepoint, Inc., ENDEAVOUR TECHNOLOGY, X-Systems, CARBYNE, Star Controls., Cisco, Sierra Wireless , Telit, Nokia among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.