Factors promoting the growth of public safety and security market include an exponential rise in criminal activities, cross border terrorism and natural disaster, need for strict government regulations and policies for public safety, and rise in attack on critical infrastructures. However, the high costs of installation associated with public safety & security systems, and lack of interoperability between advanced security systems and legacy may hinder the growth of global public safety and security market.
The global public safety and security market is categorized on the basis of services, verticals, solutions, and regions. The critical communication network is expected to command the largest share in the global market currently as these are vital for public safety providers such as homeland security departments and law enforcement agencies that help to respond and prevent the public threats. Also, the emergency and disaster management is estimated to grow at a robust pace during the future years, as these solutions are being utilized by both private and government organizations in case of emergency situations and natural disasters.
Based on services, the managed services segment is expected to grow at a robust pace during the future years. The managed services augment the existing public safety and security portfolio and enable the safety of organizations, citizens, and financial institutions from external threats. Also, the professional services segment is estimated to command the largest share of the global public safety and security market. Various public safety and security solutions have been incorporated across varied industry verticals including emergency services, public event, homeland security, manufacturing, and traffic control. The emergency services vertical is estimated to witness significant growth during the future years. However, the homeland security market segment is expected to command the largest market share currently.
Based on geography, the global public safety and security market has been categorized into North America, Asia-Pacific, Europe, Middle East & Africa (MEA), and Latin America. The North American region is expected to command the largest share in the global public safety and security market. The European region is expected to become the second largest revenue generating region for public safety and security market vendors. Factors such as increased concentration on innovations garnered from the research and development (R&D) and security technology in the developed nations of Canada and the U.S. are propelling the market growth. However, the Asia-Pacific region is analyzed to be growing at a robust pace, owing to the presence of numerous critical infrastructure projects that are primary targets for cyber-criminals. The various challenges being faced by global public safety and security market are distributed facilities which present a hurdle for incorporating a comprehensive security solution and limitation of workforce for public safety.
The major companies in global public safety and security market include NEC Corporation, Cisco Systems, Inc., IBM Corporation, Thales Corporation, Huawei Technologies, Honeywell International Inc., AGT International, Alcatel-Lucent, Northrop Grumman Corporation, and ESRI. These companies have adapted various inorganic and organic growth strategies such as partnerships, collaborations, product launches, mergers, and acquisitions to elaborate their offerings in the public safety and security market. Factors promoting the growth of public safety and security market include an exponential rise in criminal activities, cross border terrorism and natural disaster, need for strict government regulations and policies for public safety, and rise in attack on critical infrastructures. However, the high costs of installation associated with public safety & security systems, and lack of interoperability between advanced security systems and legacy may hinder the growth of global public safety and security market.
Market by Solution
· Surveillance system
· Critical communication network
· Public address and general alarm
· Cyber security
· Biometric security and authentication system
· Scanning and screening system
· C2/C4ISR system
· Others (emergency and disaster management, backup and recovery system)
Market by Service
· Professional services
o Design and consulting
o Installation and integration
o Support and maintenance
o Training and education managed services
· Managed services
o Managed security services
o Managed network services
Market by Vertical
· Homeland Security
o Law Enforcement and Intelligence Agencies
o Border Control
o Public Transportation Security
o Critical Infrastructure Security
· Emergency Services
o Medical Services
o Firefighting Services
o Disaster Management
o Energy and Chemicals
o Automotive and Logistics
o Other Manufacturing
· Others (Public Events and Traffic Control)
Market by Geography
· North America
o Rest of Europe
o Rest of Asia-Pacific
· Latin America
o Rest of Latin America
· Middle East and Africa (MEA)
o South Africa
o Saudi Arabia
o Rest of MEA
Introduction Transparent digital signage screen is a parent market for digital signage market. A transparent display is a touchscreen integrated with a glass window. Minimum amount of power is consumed by transparent digital displays. When compared with convent...
Introduction Thawing system is used for treating the chronic diseases and for treating different blood related issues. The process can be automated or manual and it is applicable in various sectors such as into blood banks & transfusion centers, hospitals &...
Introduction Sputtering targets materials are used to deposit thin film or layer on preferred substrate by engaging various methods. Fundamentally, sputtering is a variant of physical vapor deposition (PVD) processes used for various scientific and commercial p...
Introduction A reverse fuel cell or regenerative fuel cell (RFC) is a typical type of fuel cell which runs in reverse mode, and also consumes power and some chemical B as to produce other chemical A. By description, the procedure of every fuel cell may perhaps ...
Introduction A motor control center is a congregation of one or more enclosed sections having a general power bus and chiefly including motor control units. Motor control centers are now-a-days used in factory assembly of various motor starters. A mot...
Introduction Combination and concatenation of “memory” and “resistor”, is memristor whose working mechanism is as a resistor in the circuit as well as a memory device. The memristorsresistancevaries as per to the memristance utility of t...