Public Safety Analytics Market to Hold a High Potential for Growth by 2027

0
598

Market Analysis 

The global public safety analytics market will touch USD 11.75 billion at a 16.22% CAGR by 2023, states the latest Market Research Future (MRFR) report.

Drivers 

Rise in Criminal Activities to Boost Market Growth 

The increasing rates of cross-border terrorism and criminal activities that is promoting the need for security measures to control such activities will boost the market growth in the forecast period. 

Opportunities 

Need for Strict Government Policies to Offer Robust Opportunities 

The need for strict government policies & regulations for public safety analytics will offer robust opportunities for the market over the forecast period. 

Restraints 

Economic Constraints to act as Market Restraint 

Economic constraints coupled with the lack of awareness of public safety services and solutions may act as market restraint over the forecast period. 

Click Here to Get Sample Premium Report @ https://www.marketresearchfuture.com/sample_request/6696

Challenges 

High Installation & Maintenance Cost to act as Market Challenge 

The high costs associated with maintenance and installation of public security and safety system, lack of advanced infrastructure in underdeveloped economies, and lack of inter-operability of systems may act as market challenge over the forecast period. 

Market Segmentation 

The global public safety analytics market is bifurcated based on component, analytics, deployment, application, and vertical. 

By component, the social media analytics will lead the market over the forecast period. 

By analytics type, the predictive analytics will dominate the market over the forecast period. 

By deployment type, the on-premise segment will spearhead the market over the forecast period. 

By application, the surveillance segment will have the lions share in the market over the forecast period. 

By vertical, the law enforcement segment will command the market over the forecast period. 

COVID-19 Analysis

Supply chain disruptions, economic situations, fluctuations in demand share, as well as long-term & immediate effect of the COVID-19 pandemic possessed a negative effect on the public safety analytics growth. The pandemic has slowed down economic activity and pushed the economy into a steep recession. With the roots being in China, the supply chains in the world are facing shutdown and unprecedented disruption.

Regional Analysis 

North America to Command Public Safety Analytics Market 

North America will command the public safety analytics market over the forecast period. The presence of major safety solution providers & advanced security technology in Canada and the US, focus on advanced security technology using different devices like body cameras, digital evidence management systems, and computers, the use of FirstNet in the US, the increased adoption of public safety analytics platforms across agencies for enhancing their public safety services via preventing, detecting, and preparing for the early symptoms of emergency situations, growing instances of criminals entering the country as well as overstaying & forging into unlawful activities via border controls are adding to the global public safety analytics market growth in the region.

Key Players 

Eminent industry players profiled in the global public safety analytics market report include Hexagon (Sweden), IBM (US), Cisco (US), NEC (Japan), SAP (Germany), Esri (US), SAS (US), Nice Systems (Israel), Splunk (US), Verint Systems (US), Hitachi Vantara (US), Haystax (US) and among others.

Browse Full Report Details @ https://www.marketresearchfuture.com/reports/public-safety-analytics-market-6696

Take a Look at our Related Reports:

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 products, services, technologies, applications, end users, 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.

Contact:                                                                                     

Market Research Future (Part of Wantstats Research and Media Private Limited)

99 Hudson Street, 5Th Floor

New York, NY 10013

United States of America

+1 628 258 0071 (US)

+44 2035 002 764 (UK)

Email: sales@marketresearchfuture.com

Website: https://www.marketresearchfuture.com

Rechercher
Catégories
Lire la suite
Autre
Locating a Good Dumpster Rental
There's a excellent threat becoming presented in order to humanity with regard to failing to deal...
Par Nadim Mia 2022-05-31 03:33:55 0 620
Autre
https://www.facebook.com/Exhale-Wellness-CBD-Gummies-US-102007452423001
Exhale Inhale Gummies address cannabidiol as a registered substance that is found in many...
Par Ella Smith 2022-02-18 06:36:11 0 530
Health
Clear Aligners in Bexley: A Modern Solution for Straighter Teeth
A straight, confident smile can significantly enhance your self-esteem and overall appearance....
Par Ash Quraishi 2024-06-27 05:50:08 0 104
Jeux
Complete FIFA 24 RTTF Cengiz Ünder SBC for Less than 35k Coins
Introduction   Electronic Arts has been actively adding a host of Squad Building...
Par Loot Bar 2024-04-10 15:49:28 0 207
Literature
Taiwan Sports Lottery: A game of Chance and Opportunity
  Taiwan Sports Lottery is a popular form of lottery game that is widely played in Taiwan....
Par Hasnain Khatri 2023-03-22 11:40:21 0 602