According to the report, Growing Use of IoT in Public Safety is one of the primary growth factors for the market. Rising Number of Terror Attacks
is also expected to contribute significantly to the Public Safety & Security market. Overall, Surveillance and Security
applications of Public Safety & Security, and the growing awareness of them, is what makes this segment of the industry important to its overall growth. New players are beginning to enter the market and established companies have been changing their business models a trend that will continue in the future.
AMAs Analyst on the Global Public Safety & Security Market identified that the demand is rising in many different parts of the world due to "Emergence of Big Data Analytics in Public Safety and Security
". Furthermore, some recent industry insights like "In July 2020, Motorola Solutions released two new products: Avigilon Cloud Services (ACS) 3.8 and the L5Q License Plate Recognition Camera. These solutions help Public-Private Partnerships (PPPs) to ensure safety and security and provide real-time information to law enforcement agencies. and In June 2020, Honeywell announced the launch of Honeywell Forge Cybersecurity Suite. The Honeywell Forge Cybersecurity Suite offers improved industrial-grade remote access, increased asset discovery capabilities with active and passive functionality, and better cybersecurity risk monitoring." is constantly making the industry dynamic. One of the challenges that industry facing is "Need for High Bandwidth to Transfer Data"
The Services, such as Professional Services (Design and Consulting, Support and Maintenance, Installation and Integration, Training and Education), is boosting the Public Safety & Security market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.
The Solutions, such as Critical Communication Network, is boosting the Public Safety & Security market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.
The Industry Verticals, such as Homeland Security, is boosting the Public Safety & Security market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.
The Component, such as Solution, is boosting the Public Safety & Security market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.
The report provides an in-depth analysis and forecast about the industry covering the following key features: o Industry outlook including current and future market trends, drivers, restraints, and emerging technologies o Analyses the Global Public Safety & Security market according to Type, Application, and regions o Analyzes the top 10 players in terms of market reach, business strategy, and business focus o Provides stakeholders insights and key drivers & trends of the market
Market Size Estimation In market engineering method, both top-down and bottom-up approaches have been used, along with various data triangulation process, to predict and validate the market size of the Public Safety & Security market and other related sub-markets covered in the study.
o Key & emerging players in the Public Safety & Security market have been observed through secondary research. o The industrys supply chain and overall market size, in terms of value, have been derived through primary and secondary research processes. o All percentage shares, splits, and breakdowns have been determined using secondary sources and verified through primary sources.
Data Triangulation The overall Public Safety & Security market size is calculated using market estimation process, the Public Safety & Security market was further split into various segments and sub-segments. To complete the overall market engineering and arriving at the exact statistics for all segments and sub-segments, the market breakdown and data triangulation procedures have been utilized, wherever applicable. The data have been triangulated by studying various influencing factors and trends identified from both demand and supply sides of various applications involved in the study. Along with this, the Global Public Safety & Security market size has been validated using both top-down and bottom-up approaches.