Global Public Safety Solution Market By Type (Critical Communication Network, C2/C4isr System, 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), Deployment Mode (Cloud, On-Premises), Vertical (Homeland Security, Emergency Services, Critical Infrastructure Security, Transportation Systems), Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa) Industry Trends and Forecast to 2028.
Market Analysis and Insights : Global Public Safety Solution Market
The public safety solution market is expected to witness market growth at a rate of 7.54% in the forecast period of 2021 to 2028 and is expected to reach USD 39,637.43 billion by 2028. Data Bridge Market Research report on public safety solution market provides analysis and insights regarding the various factors expected to be prevalent throughout the forecast period while providing their impacts on the market’s growth. The rise in concerns regarding public safety globally is escalating the growth of public safety solution market.
Public safety and security refer to the numerous initiatives and steps taken by the government with the purpose of protection their people from several activities such as natural disasters, frauds, cyberattack, smuggling and terrorism among others. The government merges with private organizations in order to ensure public safety. These are highly utilized in homeland services, firefighting services and emergency services.
The rise in the number of terrorist attacks and criminal activities across the globe, acts as one of the major factors driving the growth of public safety solution market. The surge in the investments by governments for the purpose of the upgradation and modernization of legacy systems in order to enhance operational performance and decline associated costs and increase in the security training and awareness accelerate the market growth. The rise in the adoption of IoT (Internet of Things) as part of smart city initiatives and law enforcement requirements during COVID-19 pandemic, further influence the market. Additionally, increase in investment in public safety measures for smart cities, rise in trend of IoT in public safety, urbanization and digitization positively affect the public safety solution market. Furthermore, advent of big data analytics in public safety and security, AI innovations in border and public safety and rise in adoption of cloud computing technologies in the public safety industry extend profitable opportunities to the market players in the forecast period of 2021 to 2028.
On the other hand, high cost associated with the installation and maintenance for public safety and security systems and concerns regarding the violation of privacy are expected to obstruct the market growth. Lack of efficient storage and data management capacities and integration of logical and physical components of security systems are projected to challenge the public safety solution market in the forecast period of 2021-2028.
This public safety solution 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, geographic expansions, technological innovations in the market. To gain more info on public safety solution market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Public Safety Solution Market Scope and Market Size
The public safety solution market is segmented on the basis of type, deployment mode and vertical. 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 markets.
- On the basis of type, the public safety solution market is segmented into critical communication network, c2/c4isr system, biometric security and authentication system, surveillance system, scanning and screening system, emergency and disaster management, cybersecurity, public address and general alarm and backup and recovery system.
- On the basis of deployment mode, the public safety solution market is segmented into cloud and on-premises.
- On the basis of vertical, the public safety solution market is segmented into homeland security, emergency services, critical infrastructure security and transportation systems. Homeland security is further segmented into border security, law enforcement and intelligence agencies and others. Emergency services are further segmented into disaster management, medical services and firefighting services. Critical infrastructure security is further segmented into critical manufacturing sector, energy and power and water and wastewater systems sector. Transportation systems airports are further segmented into seaports, railways and others.
Global Public Safety Solution Market Country Level Analysis
The public safety solution market is analyzed and market size, volume information is provided by country, type, deployment mode and vertical as referenced above.
The countries covered in the global public safety solution market report are the U.S., Canada and Mexico in North America, Brazil, Argentina and Rest of South America as part of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA).
North America dominates the public safety solution market due to the presence of several leading public safety and security solutions providers and rise in government investments in enhancing the existing public safety and security infrastructure within the region. Asia-Pacific is expected to witness significant growth during the forecast period of 2021 to 2028 because of the rapid urbanization, growing number of smart city projects and increasing crime rates in the region.
The country section of the 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 like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the 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 Public Safety Solution Market Share Analysis
The public safety solution 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, regional presence, 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 public safety solution market.
The major players covered in the public safety solution market report are Cisco, IBM, NEC Technologies India Private Limited, Thales Group, Honeywell International Inc., AGT International GmbH, Nokia, ESRI, Northrop Grumman Corporation, General Dynamics Corporation, Harris Corporation, Huawei Technologies Co. Ltd., HEXAGON, Motorola Solutions Inc., Telefonaktiebolaget LM Ericsson, Paessler AG, ALE International, Siemens, Raytheon Company, Qualcomm Technologies Inc., Kratos Defense & Security Solutions Inc., Hitachi Ltd., and Ferranti Technologies 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.
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