|
Home > Software News:
|
Watch News Feed
Bestsellers Software
|
(I-SoftwareNews.Com, March 07, 2018 ) The report "Public Safety and Security Market by Solution (Critical Communication Network, Biometric & Authentication System, Surveillance System, Emergency & Disaster Management, Cyber Security), Service, Vertical, and Region - Global Forecast to 2022", The public safety and security market size is expected to grow from USD 277.02 Billion in 2017 to USD 532.39 Billion by 2022, at a Compound Annual Growth Rate (CAGR) of 14.0% during the forecast period. The major forces driving the public safety and security market are smart city initiatives, growing trend of IoT, and rise in criminal activities and terrorist attacks
<||>rnhttps://www.marketsandmarkets.com/Market-Reports/public-safety-security-market-1024.html
Many local law enforcement and government agencies are adopting the advanced public safety and security solutions to minimize the risk and to secure the public and private sectors from terrorist attacks and natural calamities. Thus, the adoption of public safety and security is expected to be high among various verticals across the globe. Security vendors provide various public safety and security solutions, such as critical communication network, C2/C4ISR system, biometric security and authentication system, surveillance system, scanning and screening system, emergency and disaster management, cyber security, public address and general alarm, and backup and recovery system. As the frequency of cross border terrorist attacks on enterprises is growing, the market is expected to gain traction over the next 5 years.
Download PDF Brochure@ https://www.marketsandmarkets.com/pdfdownload.asp?id=1024
Critical communication network solutions segment is estimated to hold the largest market share in the public safety and security market in 2017
Public and private organizations are adopting the critical communication network solutions for better mission-critical communications. The segment is estimated to hold the largest market share and dominate the public safety and security market from 2017 to 2022. Communication networks in the various sectors such as homeland security, transportation systems, and emergency systems are critical to the operation of the system and have strict requirements for consistency and safety.
The transportation system vertical is expected to grow at the highest CAGR in the public safety and security market
The homeland security vertical is expected to hold to the largest market share in the public safety and security market. There has been a strong adoption of advanced security technologies in the government and law enforcement agencies in the recent years. Due to increasing criminal activities and terrorist attacks, law enforcement and government agencies are adopting advanced public safety and security technologies. The transportation system vertical is expected to grow at the highest CAGR in the public safety and security market during the forecast period.
North America is expected to hold the largest market share, whereas APAC is projected to grow at the highest CAGR
North America is expected to hold the largest market share and dominate the public safety and security market from 2017 to 2022, due to the high number of early technology adopters in this region. Specific budget allocations and mandated public safety and security policies are expected to make North America the most lucrative region for vendors.
A major force driving the adoption of public safety and security in APAC is the increasing number of smart city projects. Countries in the region are rapidly digitizing and adopting smart solutions to make the business operations effective. The threat landscape in APAC is expected to be increasing at an alarming rate, and so is the spending on public safety and security.
Major vendors in the public safety and security market include Cisco (US), Ericsson (Sweden), General Dynamics (US), Harris Corporation (US), Hexagon (Sweden), Huawei (China), IBM (US), Motorola Solutions (US), NEC Corporation (Japan), and Esri (US).
Make An Enquiry@ https://www.marketsandmarkets.com/Enquiry_Before_Buying.asp?id=1024
About MarketsandMarkets™
MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 5000 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.
Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.
MarketsandMarkets’s flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.
Contact:
Mr. Rohan
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA : 1-888-600-6441
sales@marketsandmarkets.com
MarketsandMarkets
Mr. Salgarkar
1-888-600-6441
sales@marketsandmarkets.com
Source: EmailWire.Com 
Source: EmailWire.com
|
|
|
|
|
I-SoftwareNews.Com Sponsors
|
|
|
|
|
