The Global IoT for Public Safety Market report by Reports and Data is an all-encompassing study of the global IoT for Public Safety market. The report serves as a prototype of the highly functional IoT for Public Safety industry. Our market researchers’ panel has performed quantitative and qualitative assessments of the global IoT for Public Safety market dynamics in a bid to forecast the global market growth over the forecast period. They have taken into consideration several factors, such as market penetration, pricing structure, product portfolios, end-user industries, and the key market growth drivers and constraints, to endow the readers with a sound understanding of the market. The report provides the reader with a panoramic view of the IoT for Public Safety market, supported by key statistical data and industry-verified facts. Hence, it examines the size, share, and volume of the IoT for Public Safety industry in the historical period to forecast the same valuations for the forecast period.
The IoT for Public Safety market research report is broadly bifurcated in terms of product type, application spectrum, end-user landscape, and competitive backdrop, which would help readers gain more impactful insights into the different aspects of the market. Under the competitive outlook, the report’s authors have analyzed the financial standing of the leading companies operating across this industry. The gross profits, revenue shares, sales volume, manufacturing costs, and the individual growth rates of these companies have also been ascertained in this section. Our team has accurately predicted the future market scope of the new entrants and established competitors using several analytical tools, such as Porter’s Five Forces Analysis, SWOT analysis, and investment assessment.
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Geographical Scenario:
The global IoT for Public Safety market report comprehensively studies the present growth prospects and challenges for the key regions of the IoT for Public Safety market. The report continues to evaluate the revenue shares of these regions over the forecast timeline. It further scrutinizes the year-on-year growth rate of these regions over the projected years. The leading regions encompassed in this report:
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East & Africa
Key participants include Hitachi Vantara, IBM, Microsoft, NEC, Sierra Wireless, Cisco Systems, Nokia Networks, West Corporation, Telit, and Throughtek.
Market Segmentation by product type: Solution, Platform, Application Management, Device Management, Network Management, Services, Consulting Services, System Integration Services, Support and Maintenance Services.
Market Segmentation by application range: Critical Infrastructure Security, Emergency Communication and Incident Management, Disaster Management, Surveillance and Security, Smart Utilities, Smart Building and Home Automation, Homeland Security, Smart Transportation, Smart Healthcare, Smart Manufacturing, Others.
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Further key findings from the report suggest
- The IoT for Public Safety market held a market share of USD 1,046.4 Million in the year 2018 and forecasted to grow at a rate of 11.2% during the forecast period.
- In regards to Component, the Platform segment generated the highest revenue of USD 481.4 Million in 2018, with a growth rate of 11.4% during the forecast period. The effectiveness of IoT Platforms in centrally controlling and monitoring every activity that occurs within an organization or a specific area have resulted in its elevated application for public safety and revenue generated by the segment.
- In context to Application, the Surveillance and Security segment occupied the largest market share of 40.0% in 2018, with a growth rate of 10.9% during the forecast period. The market share held by the Surveillance and Security segment is attributed to the effectiveness of IoT platforms in gathering data from devices like surveillance cameras, evaluate these data, and disseminate these data to public safety agencies for avoiding emergencies. The mentioned factor have resulted in the elevated application of IoT platforms in surveillance and security.
The report considers the following timeline for market estimation:
- Historical Years: 2017-2018
- Base Year: 2019
- Estimated Year: 2027
- Forecast Years: 2017-2027
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The IoT for Public Safety market report by Reports and Data provides an extensive overview of the vital elements of the IoT for Public Safety market and factors such as the drivers, restraints, latest trends, supervisory scenario, competitive landscape, technological advancements, and others.
Space-age industrial and digitalization tools are used to provide the readers with actionable insights regarding the global IoT for Public Safety market.This is the latest report covering the current COVID-19 scenario.
The coronavirus pandemic has greatly affected every aspect of the worldwide industry.
The rapidly changing market scenario and the initial and future assessment of possible aftereffects are covered in the research report.
The report discusses all the major aspects of the market with expert opinions on the current status along with historical data.Get a sample PDF copy of the report @ https://www.reportsanddata.com/sample-enquiry-form/2554The report proposes a full-fledged solution for all your business needs and helps you understand the overall dynamics of the market.
It offers an in-depth evaluation of all aspects that are expected to impact the growth of the market.Key IoT for Public Safety Market players covered in the report are:Hitachi Vantara, IBM, Microsoft, NEC, Sierra Wireless, Cisco Systems, Nokia Networks, West Corporation, Telit, and Throughtek.
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 2027Overview:Internet of things (IoT) provides real-time updates to public officials on the happenings of cities and towns in their jurisdiction.
The global IoT for public safety market report compiled by Market Research Future (MRFR) looks at latest trends and opportunities for IoT to expand in the public sector for the period of 2020 to 2027 (forecast period).
The COVID-19 outbreak and its effects on the market will be explored in detail in the report.Market ScopeThe 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 2027 at a CAGR of 15.60% over the forecast period.Emergence of IoT for protecting the interests of citizens due to the spike in crime rates is likely to drive market demand.
Surge in cases of terrorism and vandalism and efforts for construction of smart cities can favor the market.
This is expected to lead to integration of machine learning and artificial intelligence (AI) in government departments for gathering intelligence faster will be beneficial to the market in the coming years.The insights gleaned by AI algorithms on city infrastructure and detection of damages on structures can favor the market.
Furthermore, the use of 0G network for powering devices within smart cities and enabling to pinpoint location of persons and animals through sensors can lead to the adoption of IoT.But initial high costs for installation can deter its growth in cities.Get a Free Sample @ https://www.marketresearchfuture.com/sample_request/6733Segmentation: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.
