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Computer Aided Dispatch Market Report 2024: Size, Share, Trends, Competitive Outlook to 2033
Computer Aided Dispatch Market Report
According to The Business Research Company's, The computer aided dispatch market size has grown rapidly in recent years. It will grow from $1.86 billion in 2023 to $2.09 billion in 2024 at a compound annual growth rate (CAGR) of 12.6%. The growth in the historic period can be attributed to increasing call volumes, need for integration, focus on data analysis and reporting, mobile cad applications, public expectations for rapid response.
The computer aided dispatch market size is expected to see rapid growth in the next few years. It will grow to $3.16 billion in 2028 at a compound annual growth rate (CAGR) of 10.9%. The growth in the forecast period can be attributed to cloud-based solutions, interoperability and standardization, cybersecurity concerns, demand for data analytics and reporting, predictive analytics for resource allocation. Major trends in the forecast period include advancements in technology, integration with artificial intelligence, cloud-based cad solutions, enhanced situational awareness, user-centric design and usability.
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Market Drivers and Trends:
The increasing number of emergency calls is expected to propel the growth of the computer-aided dispatch market going forward. Emergency calls refer to phone calls made to emergency services to request immediate assistance in situations that pose a threat to life, property, or public safety, requiring prompt intervention from police, fire, medical, or other emergency responders. The increasing number of emergency calls can be attributed to factors such as population growth, urbanization, technological advancements leading to improved access to emergency services, and changes in societal behaviors or demographics. Computer-aided dispatch helps to enhance emergency calls by coordinating response teams quickly and systematically, optimizing resource allocation, and expediting critical information dissemination for efficient crisis management. For instance, in January 2024, according to the National Health Service, a UK-based healthcare system, more than 95,000 calls were made to the 111 helpline service in the UK in December; this was an increase of around 24,500 calls compared to the previous month. Additionally, there were 5,411 red (life-threatening) calls to the ambulance service, which accounted for 14.3% of all calls. An average of 175 immediate life-threatening calls were made each day, which was 19 more than in November and the second-highest on record. Therefore, the increasing number of emergency calls is driving the computer-aided dispatch market.
Major companies operating in the computer-aided dispatch market are focused on developing innovative products with advanced technological solutions, such as the CAD System for Public Safety Partners, to gain a competitive edge in the market. This system enables seamless collaboration by providing a centralized platform for call-taking, incident management, resource allocation, and real-time communication, ensuring a coordinated and swift response to emergencies. For instance, in October 2023, Chatham County, a US-based government agency, launched a state-of-the-art Computer Aided Dispatch (CAD) system to enhance its public safety operations. It is designed to standardize call handling, assess resource priority based on caller responses, and facilitate the dispatch of emergency services while calls are ongoing. The system also streamlines information flow through automation, enabling the dispatch of the closest first responder regardless of jurisdiction and improving response times.
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Major Key Players of the Market:
Motorola Solutions Inc., Hexagon AB, Harris Computer Systems, Tyler Technologies Inc., ZOLL Medical Corporation, Nuance Communications Inc., Verint Systems Inc., Central Square Technologies LLC, Tritech Software Systems, Priority Dispatch Corporation, Carbyne, Avtec Inc., Zetron Inc., ProPhoenix Inc., Corti US, Caliber Public Safety, RapidDeploy Inc., Integrated Communications Inc., eFORCE Software, Cody Systems, Spillman Technologies Inc., Traumasoft LLC, Sun Ridge Systems Inc., Girikon Inc., Mark43 Inc., Southern Software Inc.
Computer Aided Dispatch Market 2024 Key Insights:
• The Computer Aided Dispatch Market is expected to grow to $3.16 billion in 2028 at a compound annual growth rate (CAGR) of 10.9%.
• Rising Emergency Call Volumes Fuels The Growth Of The Computer Aided Dispatch Market
• Innovative Strategies For Enhancing Emergency Services And Public Safety
• North America was the largest region in the computer aided dispatch market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the computer aided dispatch market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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