Press release
IoT In Public Safety Market Is Predicted To Witness Growth Exponentially By 2032
The Business Research Company's global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032The Business Research Company's IoT In Public Safety Global Market Report 2023 identifies the increasing number of criminal activities is driving the demand for the IoT in the public safety market. IoT aids in estimating the occurrence and incidence of crimes, and its data-driven methodology is crucial in anticipating crime.
The global IoT in public safety market size grew from $2.61 billion in 2022 to $3.05 billion in 2023 at a compound annual growth rate (CAGR) of 17.1%. The IoT in public safety market size is expected to grow to $5.73 billion in 2027 at a CAGR of 17.1%.
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Major competitors in the IoT in public safety market are International Business Machines Corporation, Hitachi Vantara Corporation, NEC Corporation, Microsoft Corporation, Cisco Systems Inc., Sierra Wireless, Telit, Intrado, Nokia Networks, ThroughTek Co. Ltd., Iskratel, Intellivision, Star Controls, Huawei Technologies Co. Ltd., Securens Systems Pvt. Ltd., Intel Corporation, Kova Group, Esri, Tibbo Systems, Endeavour Technology, X-Systems, Yardarm Technologies Inc., CityShob Software Ltd., and Aeris Communications India Pvt. Ltd.
Increasing adoption of machine learning (ML) And AI-based public safety solutions is a key trend gaining popularity in the IoT in the public safety market. ML and AI-based public safety solutions are employed to improve public safety by utilising the best AI practises and techniques, enabling AI systems to improve public safety, and utilising ML and deep neural networks for more accurate decision-making and prediction. Major players in the IoT in the public safety sector are focused on increasing the adoption of ML And AI-based public safety solutions to sustain their marketplace.
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The IoT in public safety market is segmented -
• By Type: Surveillance Systems, Incident Management and Response, Disaster Management, Security Systems, Other Types
• By Component: Software, Hardware, Services
• By End User: Government and Public Sector, Transportation, Healthcare, Retail, Education, Manufacturing, Other End User
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the IoT in public safety market.
The Business Research Company's "Global IoT In Public Safety Market Report 2023" provides a thorough understanding of the market across 60 geographies. The report covers market size, growth rate, segments, drivers and trends in every region and country. In addition, the report offers insights on historical and forecast growth, helping players analyze and strategize better.
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The Table Of Content For The IoT In Public Safety Market Include:
1. IoT In Public Safety Market Executive Summary
2. IoT In Public Safety Market Segments
3. IoT In Public Safety Market Size And Iot In Public Safety Market Growth Rate
4. Key IoT In Public Safety Market Trends
5. Major IoT In Public Safety Market Drivers
……
25. Key Mergers And Acquisitions In The IoT In Public Safety Market
26. Top IoT In Public Safety Companies
27. IoT In Public Safety Market Opportunities And Strategies
28. IoT In Public Safety Market, Conclusions And Recommendations
29. Appendix
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