Overview:
Public safety solutions are used to minimize organization risks and keep organizations safe from natural disasters and terrorist attacks.
This report outlines the current status of the global public safety and records management solutions market, the growth factors and the restraining factors, the key market players and the segmentation of this market, along with future forecasts for this market between 2019 and 2024.
The global public safety and records management solutions market is expected to witness a significant growth in revenue over the forecast period. The factors responsible for this could include an increase in cyber security threats, natural calamities, as well as a growing threat of terrorist attacks across the world. Along with this, another market growth driver is the growing demand for public safety software in legal and enforcement departments to track real time information across the world. The downside to this solution system is the high cost of investment involved in implementation and certain security issues which pose as threats to market growth.
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Some of the prominent players in the global public safety and records management solutions market include the following:
- IBM
- Motorola Solutions
- Abbott Informatics
- AccessData
- Axon
- Accenture
- ESRI
- Column Technologies
- Hexagon Safety & Infrastructure
- DFLABS
- Hyland
- Nuance Communications
- Palantir Technologies
- Oracle
- Wynyard Group
- Omnigo Software
Segmentation:
The global public safety and records management market can be segmented based on type of product, application, and regional market size.
The different types of public safety and records management solutions include the following:
- Computer-aided Dispatch (CAD)
- Records Management (RMS)
- Data Sharing
- Integrated Court Case Management
- Jail Management
- Law Enforcement
- Incident Management
- Mobile Police Software
- Reporting Solution
- Scheduling Solution
- Permit and license administration solutions
According to its application, this market can be split into the following:
- Law Enforcement Agencies
- Municipal Police Departments
- Courts
- Prosecutors
- Marshals and Fire Departments
- District Attorneys
- Others
The deployment of this solution is of two types, cloud-based and on-premise. The latter type accounts for the higher market share at present, however the cloud-based deployment type is expected to see a rapid growth rate over the forecast period.
Regional Analysis:
North America, South America, Europe, Asia-Pacific, and the Middle East and Africa are the major markets for public safety and records management solutions market across the world. Industry experts predict that the Asia-Pacific region, particularly China, will be one of the fastest growing markets and account for a higher market share during the forecast period. However, North America, especially the US, will still play a pivotal role which cannot be overlooked, as any changes in the US market will affect the global development of the public safety and records management solutions market.
Industry News:
According to the latest industry reports as of January 2019, SOMA Global, a leading solutions provider of Public Safety as a Service (PSAAS™), has entered into an agreement to install their advanced platform for records management and mobile dispatch applications to the police department of the city of Richmond in Virginia.
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