IoT For Public Safety Market 2019 Opportunities, Development Status, Regional Trends, Sales Revenue and Growth with 15.60% of CAGR by Forecast 2023
Global IoT for Public Safety Market Research Report by Component (Platform, Solution, Services), by Application (Disaster Management, Emergency Communication & Incident Management, Critical Infrastructure Security, Surveillance & Security), by Vertical (Smart Healthcare, Smart Manufacturing, Others), and Region – Forecast to 2023
Pune, India – February 28, 2019 /MarketersMedia/ —
Competitive Analysis
Leading players in the IoT for public safety market include 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.
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Market Overview:
According to Market Research Future (MRFR), the global IoT for public safety market size was worth USD 844.2 million in 2017 and is expected to balloon to USD 2010.44 million by 2023 at a CAGR of 15.60% over the forecast period (2018-2023). This can be credited to the emergence of internet of things (IoT) as a viable option for protecting public interests. The spike noticed in crime rates is likely to trigger the need for tougher security measures and IoT can play a significant role thanks to advancements in video surveillance systems.
Impending public safety threats amid rising incidence of terrorism and vandalism is likely to drive the IoT for public safety market demand over the forecast period. Government efforts in creating smart city projects for safeguarding the lives of their citizens can be of benefit the market. Integration of machine learning (ML) and artificial intelligence (AI) in government departments to accumulate intel faster can be a plus for the market in the forthcoming years.
Segmentation
The global IoT for public safety market is segmented by component, application, and vertical.
By component, the market categorizes into three major segments, namely platform, solution, and services. By application, the market covers disaster management, surveillance & security, critical infrastructure security, and emergency communication and incident management. Verticals deemed vital to the market include smart manufacturing, smart utilities, smart transportation, smart building & home automation, smart healthcare, homeland security, and others.
Regional Analysis
Regionally, the global IoT for Public Safety Market is segmented into North America, Europe, Asia Pacific (APAC), and the Rest-of-the-World (RoW). North America is touted to be the top revenue-getter for the market till the end of the forecast period. But APAC is predicted to be highly lucrative owing to the rapid approval provided to infrastructural projects. Furthermore, the emphasis on smart city projects and digitization of legacy equipment can propel the regional market growth in a positive trajectory.
Report Methodology
Market Research Future prides itself on conducting top-notch research using its proprietary techniques. With a combination of primary and secondary research, analysts have managed to collect relevant data gathered from interviews with executives, whitepapers, SEC filings, and others to compile a thoroughly researched report. The data is verified with other sources to estimate future revenue and volume figures which assist investors in making wise business decisions. A mix of bottom-down and top-up approaches are undertaken to study the market from all perspectives.
Global IoT for Public Safety Market by Component
Platform
Services
Solution
Global IoT for Public Safety Market by Application
Disaster Management
Emergency Communication and Incident Management
Surveillance & Security
Critical Infrastructure Security
Global IoT for Public Safety Market by Vertical
Smart Building & Home Automation
Smart Utilities
Smart Healthcare
Smart Manufacturing
Smart Transportation
Homeland Security
Others
Global IoT for Public Safety Market by Region
North America
Europe
Asia Pacific
Rest-of-the-World
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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
3 Market Insights
4 Research Methodology
4.1 Research Process
4.2 Primary Research
4.3 Secondary Research
4.4 Market Size Estimation
4.5 Forecast Model
5 Market Dynamics
Continued .
LIST OF TABLES
Table1 Global IoT For Public Safety Market, By Country, 2018-2023
Table2 North America: IoT For Public Safety Market, By Country, 2018 2023
Table3 Europe: IoT For Public Safety Market, By Country, 2018 2023
Table4 Asia-Pacific: IoT For Public Safety Market, By Country, 2018 2023
Table5 Latin America: IoT For Public Safety Market, By Country, 2018 2023
Continued .
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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 %)
Continued ..
About Market Research Future:
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.
MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by Components, Application, Logistics and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.
In order to stay updated with technology and work process of the industry, MRFR often plans & conducts meet with the industry experts and industrial visits for its research analyst members
Contact Info:
Name: Market Research Future
Organization: Market Research Future
Website: https://www.marketresearchfuture.com/reports/iot-public-safety-market-6733
Source: MarketersMedia
Release ID: 487067
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