Demand for Computer Aided Dispatch (CAD) Market To be Fuelled by Rapid Shift in Consumer Perception and Increasing Awareness : Fact.MR

The computer aided dispatch market is scheduled to grow at a CAGR of 11.2% during the forecast period ranging from 2022-2032, reaching US$ 5.95 Bn, according to a recently revamped report published by Fact.MR. Growth is attributed to extensive uptake for monitoring security across local, regional and global levels.

Demand for computer-aided dispatch systems and software increased at a 10% CAGR between 2017 and 2021. During the COVID-19 epidemic, businesses and healthcare professionals alike used computer-assisted dispatch tools to track the progress of personnel and patients.

Future market demand is expected to surge even further, as several enterprises shift to the virtual landscape. This will necessitate increased deployment of safety monitoring software, along with advanced computer aided analytical tools.

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Key Segments Covered in the Computer Aided Dispatch Industry Analysis

By Component
Computer Aided Dispatch Solutions
Computer Aided Dispatch Services
Implementation
Support & Maintenance
Training

By Deployment Type
Cloud-based Computer Aided Dispatch
On-premises Computer Aided Dispatch

By Application Area
Computer Aided Dispatch for Unit Management
Computer Aided Dispatch for Reporting & Analysis
Computer Aided Dispatch for Call Management
Computer Aided Dispatch for Decision Support

By Industry
Computer Aided Dispatch for Transportation
Computer Aided Dispatch for Government
Computer Aided Dispatch for Healthcare
Computer Aided Dispatch for Utilities

By Organization Type
Computer Aided Dispatch for Large Enterprises
Computer Aided Dispatch for Small & Medium Enterprises (SMEs)

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Key Takeaways from the Market Study

By deployment, cloud-based computer aided dispatch solutions to be highly demanded, registering over 11% y-o-y growth

Utilities to emerge as an important industry for computer aided dispatch solutions, accumulating US$ 600 Mn in 2022

North America likely to experience a growth rate at a CAGR of 9% from 2022-2032
Asia to be the fastest growing market, surging at a CAGR of 10% in the upcoming decade

Global market for computer aided dispatch is anticipated to be valued at over US$ 2 Bn by 2022-end

Why North America Remains at the Forefront of Computer-Aided Dispatch?

To aid emergency responders in making procurement decisions, the United States Department of Homeland Security (DHS) launched the System Assessment and Validation for Emergency Responders (SAVER) Program. Furthermore, the region's worldwide Computer-Aided Dispatch market is being driven by rising governmental public safety initiatives as well as modern rules and regulations aimed at implementing solutions.

Furthermore, the dispatch market is growing as a result of an increase in criminal activity and natural disasters that put a demand on efficient public safety and dispatch solutions. According to Fact.MR, CAD demand in North America is expected to grow at a CAGR of 9% between 2022 and 2032.

In addition, CAD systems have evolved into an interoperable, agile platform that strives to ease communications between 911 and first responders. In recent years, the need for CAD systems has been driven by the next-generation 911.

Competitive Landscape
Prominent players are embracing innovative approaches such as ground-breaking marketing tactics, technological advancements, mergers, and acquisitions.

Carbyne Partners with Central Square Technologies for CAD Improvements in November 2020. The collaboration between a startup and a conglomerate is a step toward more 911 callers being able to engage in live video conversations, instant messaging, and data sharing with emergency dispatchers.

Softil, the world's leading mission-critical communications (MCX) enabler, and Zetron, a global leader in integrated mission critical communications technology, announced in December 2021 that Zetron will use Softil's BEEHD MCX-enabling technology to expand the LTE Push-To-Talk (PTT) integration capabilities of its dispatch solutions.

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