openPR Logo
Press release

IoT for Public Safety Market 2021 Global Key Players: Hitachi Vantara, NEC, Cisco Systems, IBM, Nokia Networks, Sierra Wireless, Telit, West Corporation

01-22-2021 11:27 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: MRFR

/ PR Agency: MRFR
IoT for Public Safety Market 2021 Global Key Players: Hitachi

IoT for Public Safety Market Overview:
The internet of things (IoT) for public safety market is assured of healthy growth as it is intimately linked with the smart city initiatives across the globe. Residents’ security has always been of utmost importance for the administrators. Latest developments on technological front regarding safety reflect that concern. The global IoT for public safety market is expected to bank on this desire to provide safety and grow with an impressive 15.60% CAGR during the forecast period (2018-2023). With this speed, it seems quite possible for the IoT for public safety market to attain a valuation of USD 2010.44 million, more than double of its previous valuation in 2017 of USD 844.2 million, by 2023.

The report published by Market Research Future’s (MRFR’s) is founded upon a detailed analysis of drivers such as rising demand for smart cities and increasing reliance on unmanned operations. IoT for public safety market can provide this in real-time with round-the-clock monitoring which increases decision -making capabilities by using analytics.

On the flip side, the IoT for Public Safety Market can find it daunting to reach a wider-spectrum for better adoption rate. IoT for public safety initially incurs high cost which can strain the profit margin of the developers and deter them from seeking its application. However, if it happens then, the pullback cannot stay for long as end-users are making it a habit of integrating the IoT for public safety in their system.

Competitive Insights:
Prominent players in the IoT for public safety market are Hitachi Vantara (U.S.), NEC (Japan), Cisco Systems (U.S.), IBM (U.S.), Nokia Networks (Finland), Sierra Wireless (Canada), Telit (U.K.), West Corporation (U.S.), Microsoft Corporation (U.S.), Intellivision (U.S.), Iskratel (Slovenia), X-Systems (The Netherlands), Tibbo Systems (Taiwan), Star Controls (U.S.), Yardarm Technologies (U.S.), and others. Agreements, partnerships, and new product launches are strategies employed by these players to stay ahead in the market.

Request a Free Sample @

The IoT for public safety market can be segmented by component, application, and vertical.
• Based on the component, the IoT for public safety market can be segmented into platform, solution, and services. Solution is expected to be the fastest growing segment whereas, services, at present, is dominating.
• By application, the IoT for public safety market comprises emergency communication & incident management, critical infrastructure security, surveillance & security, disaster management. Surveillance & security segment, by far, is the leading segment. However, disaster management can record the fastest growth rate during the forecast period.
• Based on vertical, the IoT for public safety market can be segmented into smart building & home automation, homeland security, smart utilities, smart healthcare, smart manufacturing, smart transportation, and others. Homeland security is dominating the segment by generating sizeable revenue. Meanwhile, smart building & home automation is all set to record the fastest CAGR over the review period.

Regional Analysis:
Geographically, the IoT for public safety market can be mapped in regards to regions such as North America, Europe, Asia Pacific (APAC), and Rest-of-the-World (RoW).

North America is doing remarkably well in the sector. The region has superlative technology to boost this kind of sector. At the same time, the excellent economic condition has got various industries inclined towards this market. Furthermore, a lot of the service providers are from this region which gives the IoT for the public safety market advantage in the competition.
Europe’s progress track resembles that of North America’s. The similarity these two regions share in terms of market drivers can tell how much Europe is gaining from the market. At the same time, development of smart cities is also on the rise which accentuates the regional market prospect.

The APAC region is experiencing astounding growth, all thanks to countries such as India, China, and others. These emerging nations are rapidly adopting smart technologies to protect properties and safeguard individual life which is promoting the IoT for the public safety market in the region.

Table of Content
1 Executive Summary
2 Market Introduction
2.1 Definition
2.2 Scope of The Study
2.3 List Of Assumptions
2.4 Market Structure
2.5 Key Takeaways

Access Report Details@

List of Tables
Table 1 Global IoT For Public Safety Market, By Country, 2018-2023
Table 2 North America: IoT For Public Safety Market, By Country, 2018–2023
Table 3 Europe: IoT For Public Safety Market, By Country, 2018–2023
Table 4 Asia-Pacific: IoT For Public Safety Market, By Country, 2018–2023
Table 5 Latin America: IoT For Public Safety Market, By Country, 2018–2023

List of Figures
Figure 1 Global IoT For Public Safety Market Segmentation
Figure 2 Forecast Methodology
Figure 3 Porter’s Five Forces Analysis Of Global IoT For Public Safety Market
Figure 4 Value Chain Of Global IoT For Public Safety Market
Figure 5 Share Of IoT For Public Safety Market In 2018, By Country (In %)

About Market Research Future:
Market Research Future (MRFR) is an esteemed company with a reputation of serving clients across domains of information technology (IT), healthcare, and chemicals. Our analysts undertake painstaking primary and secondary research to provide a seamless report with a 360 degree perspective. Data is compared against reputed organizations, trustworthy databases, and international surveys for producing impeccable reports backed with graphical and statistical information.

We at MRFR provide syndicated and customized reports to clients as per their liking. Our consulting services are aimed at eliminating business risks and driving the bottomline margins of our clients. The hands-on experience of analysts and capability of performing astute research through interviews, surveys, and polls are a statement of our prowess. We constantly monitor the market for any fluctuations and update our reports on a regular basis.

Market Research Future
Office No. 528, Amanora Chambers
Magarpatta Road, Hadapsar,
Pune - 411028
Maharashtra, India
+1 646 845 9312

This release was published on openPR.

Permanent link to this press release:

Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release IoT for Public Safety Market 2021 Global Key Players: Hitachi Vantara, NEC, Cisco Systems, IBM, Nokia Networks, Sierra Wireless, Telit, West Corporation here

News-ID: 2229615 • Views: 454

More Releases from MRFR

Shrink Sleeve Labels Market 2020 | COVID-19 Analysis, Application, Global Analys …
Summary Global Shrink Wrap Sleeves Market Size, Share, Trends, Growth, Analysis Type (Stretch, and Shrink), Material (PVC, PET-G, Expanded Polystyrene Films, PE, Polylactic Acid Films, and others), Application (Food & Beverage, Pharmaceuticals, Personal Care, and others) and By Region - Global Forecast to 2023 Market Analysis As per the latest MRFR analysis, the shrink sleeve labels industry will grow at a 6.5% CAGR between the forecast period 2017-2023. Shrink sleeves, simply put,
Fresh Food Packaging Market 2020 | COVID-19 Analysis, Opportunity, Size, Share, …
Summary Global Fresh Food Packaging Market Information: by Material (Flexible & Rigid Plastic, Paper & Paperboard, Metal, Glass, Others), End-Use (Meat Products, Fruits, Vegetables, Dairy Products, Others), Region - Forecast till 2023 Market Analysis The fresh food packaging market will develop at a 4.02% CAGR between 2017- 2023, states the recent Market Research Future (MRFR) analysis. Food packaging plays a crucial part in keeping the quality of food safe and also handling
Retail Ready Packaging Market 2020-2023 | COVID-19 Impact, Size, Analysis by Top …
Summary Global Retail Ready Packaging Market by Material (Paper & Paperboard, Plastics and others), by Type (Die-cut Display Containers, Shrink Wrapped Trays, Modified Cases, Plastic Containers and others), by End-user (Food, Beverage, Household Product and others) and by Region - Global Forecast To 2023 Market Overview The global retail ready packaging market is garnering substantial traction. The market growth is attributed to the spurring rise in food & beverages and healthcare industries globally.
Light Field Display Market Share, Size, Trends and Top Key Players Analysis with …
Light Field Display Market study by “The Insight Partners” provides details about the market dynamics affecting the market, Market scope, Market segmentation and overlays shadow upon the leading market players highlighting the favorable competitive landscape and trends prevailing over the years. MARKET INTRODUCTION The light field is defined as an emerging concept for representing rich 3D visual information, capable of capturing phenomena of the real world with unsurpassed image quality. A 3-D

All 5 Releases

More Releases for IoT

Global IoT Gateway Market
Global IoT Gateway Market – Industry Analysis and Forecast (2018-2026) – by Node, Connectivity Technology, Component, Application, and Region. Global IoT Gateway Market was valued US$ 11.5 Bn in 2017 and is expected to reach US$ 85 Bn by 2026, at a CAGR of 28.41 % during the forecast period. The objective of the report is to present a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, industry-validated
Global IoT Software Market
Global IoT Software Market is segmented into type, application, and geography. On the basis of type, a market is segmented into Real-time Streaming, Analytics Software, Security Solution Software, Data Management Software, Remote Monitoring System Software, and Network Bandwidth Management Software Global IoT Software Market was valued US$ 1.5 Bn in 2017 and expected to reach US$ 7.9 Bn in 2016, at CAGR 23.8% during forecast period. Browse Complete Premium Research
Global IOT Sensors Market
Global IOT Sensors Market – Industry Analysis and Forecast (2016-2024) Global IOT Sensors Market was valued at more than US$ 4 Bn in 2016 and is expected to cross US$ 45 Bn by 2024, at CAGR of more than 40%. The increase in IoT sensors market growth is driven by the certain key factors such as development of cheaper, smarter, and advanced sensors, rising market demand for smart devices and
IoT Data Management Market
The demand for IoT data management has increased due to widespread adoption of end-to-end data management platforms to capitalize IoT data more efficiently. Moreover, modernization of data warehouse architecture, rising need for data security and data traffic management, and rising implementation of IoT device security for data encryption are some of the other factors driving demand in this market. The global IoT data management market can be categorized based on type
Telecom IoT
Publisher’s market research analysts predict the global telecom IoT market to grow steadily during the forecast period and post an impressive CAGR of more than 42% by 2020. This industry research report identifies the growing adoption of intelligent transportation systems (ITS) to be one of the major factors that will have a positive impact on the growth of this market in the coming years. In addition to enabling operators to
IoT Processor Market
In this connected world, internet of things (IoT) is fueling every aspect of human lives. The data that is generated every day from these connected devices is humongous. Proper functioning of these connected devices requires real time exchange of data and information amongst them so that they can solve human problems. In another word IoT means more data, more sensors, agile responses, end-to-end connectivity and smarter user interfaces. All these