Press release
North America Gunshot Detection Market High trend Opportunities offers Future Business Growth by 2031
U.S. dominated the North America gunshot detection market share in 2021, owing to increase in R&D activities; technological developments by key players; rapid adoption of innovative technologies in making reliable, safe, and secure gunshot detection solutions. The mass shootings are on the rise in the North American region and consequently, the demand for gunshot detection systems is growing significantly, especially in the U.S. Leading players are adopting several strategies such as business expansion, product launch, contract, and partnership to offer advanced solutions and services for improving the safety of the citizens. For instance, in March 2022, Viisights (a leading innovator of behavioral recognition systems for real-time video intelligence), and Eagl Technology, a key player of gunshot detection and lockdown systems entered into partnership to produce and deploy exceptional video understanding technology designed to spot armed individuals and provide instantaneous alerts.
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Gunshot detection is quite helpful for police in order to handle the rise in shooting instances. Police officers could be notified in under a minute of the gunfire location, number of shots fired and number of shooters. In 2020, the Colorado Springs Police Department implemented a gunshot detection system that helps officers locate shots fired. In addition, Grand Rapids Police officials urged the city leaders to use $500,000 of coronavirus relief funds to purchase ShotSpotter, the gunshot detection software.
By product, the North America gunshot detection market is segregated into indoor and outdoor. The indoor segment accounted for the highest revenue in 2021, owing to high demand for gunshot detection systems that can detect and ensure the safety of occupants inside a building.
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Key Findings Of The Study
By product, the outdoor segment is expected to register a significant growth during the forecast period.
On the basis of application, the homeland security segment is anticipated to exhibit significant growth in future.
On the basis of installation, the vehicle mounted system segment is anticipated to exhibit significant growth in future.
Country-wise, Mexico is anticipated to register the highest CAGR during the forecast period.
The key players that operate in the North America Gunshot detection market include 3xLOGIC, Alarm Systems, Inc., AmberBox, Inc., Databuoy Corporation, Information System Technologies Inc., QinetiQ Inc. US, Raytheon Technologies Corporation, Safe Zone Technologies, Inc., Shooter Detection Systems and ShotSpotter Inc.
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