Market Highlights:
The public safety solution for smart city market is having rapid growth because of the advancements in information technology and growing concern of safety and security of citizens. As cities continue to grow in number, size, and complexity, their infrastructure and services come under increasing stress. Keeping cities safe are critical, safe cities attracting the investments, businesses, and skilled labor necessary for economic growth and development. The public safety solutions helps law enforcement monitor public areas, analyze patterns, and track incidents and suspects, enabling quicker response. By combining information from video surveillance cameras, social media, citizen reports, and other sensors, the solution provides a richer view of urban safety.
By region, MRFR analysis shows that North America accounts for largest market in public safety solution for smart city. This region has very high adoption and investment in the internet of things and rising security for citizens the government enforces laws. The Europe region is also expected to be one of growing region in this sector because of technological advancements in this sector.
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Major Key Players:
Cisco Systems, Inc. (U.S.),
International Business Machines Corporation (U.S.),
Honeywell International Inc. (U.S.),
Northrop German Corporation (U.S.),
NEC Corporation (Japan),
Thales Corporation (France),
Huawei Technologies (China),
Alcatel-Lucent (France),
AGT International (Switzerland),
Esri (U.S.),
According to MRFR, The global Public Safety Solution For Smart City Market is expected to grow approximately at USD 336 Billion by 2022, approx.11% of CAGR between 2016 and 2022.
Regional Analysis:
The regional analysis of public safety solution for smart city market is being studied for region such as Asia pacific, Americas, Europe and Rest of the World. Rapid evolution of IOT across different industries has driven the market of public safety solution for smart city market. The North America region to dominate the market of public safety solution for smart city. The technology advancements in the region and major attraction of large and small enterprise is aiding the growth of the market. The Asia-Pacific region is also expected to be one of the growing region in this market due to government enforcement towards public safety and security. Europe region is also one of the leaders in the public safety solutions for smart city market because leading players of the market are continually in the process of research and development of technologies related to public safety solutions.
Segmentation
By application segment, public safety solution for smart city market consists of public transportation security, critical infrastructure security, disaster management, medical emergency service, firefighting services and law enforcement and intelligence agencies. The critical infrastructure security with reference to homeland security and processes implemented to ensure that designated critical assets are protected from actions intended to curtail, seriously disrupt, or altogether prevent their functioning. A critical infrastructure need not refer only to physical assets of national importance (ports/airports, nuclear facilities, parliament, etc.), it may refer to any asset (physical, virtual) considered by an organization (government, parasternal, or private), as vital to its functioning. These systems and processes either serve a monitoring function or a command or control function.
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Intended Audience
- Investors and consultants
- System Integrators
- Government Organizations
- Research/Consultancy firms
- Technology solution providers
- Global infrastructure suppliers
- Communications component providers
- Smart grid and energy management companies
- Big data, analytics, and information processing companies
- Telecom Service Providers.
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