About Public Safety Analytics
The public safety analytics video analytics, identity, social media analytics, and various others, it works on the basis of predictive, prescriptive and descriptive analysis which includes all size are inundated with data and information. The analytics provides all the data regarding the public safety right from data from dash cams to emergency incident reports and criminal intelligence. The public safety analytics requires data at the right time to help public safety providers to solve crimes and ensure the safety of citizens.
Attributes | Details |
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Study Period | 2017-2027 |
Base Year | 2021 |
Unit | Value (USD Million) |
Established and emerging Players should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Hexagon (Sweden), IBM (United States), Accenture (Ireland), Cisco (United States), NEC (Japan), SAP (Germany), Esri (United States), SAS (United States), Tyler Technologies Inc. (United States), Nice Systems (Israel), Splunk (United States), Verint Systems (United States), Hitachi Vantara (United States) and Haystax (United States) are some of the key players that are part of study coverage.
Segmentation Overview
AMA Research has segmented the market of Global Public Safety Analytics market by Type (Predictive, Prescriptive and Descriptive), Application (Pattern Recognition, Incident Detection, Person of Interest Screening, Surveillance and Others) and Region.
On the basis of geography, the market of Public Safety Analytics has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Deployment, the sub-segment i.e. Cloud Based will boost the Public Safety Analytics market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Service, the sub-segment i.e. Regular Screening will boost the Public Safety Analytics market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Solution, the sub-segment i.e. Video Analytics will boost the Public Safety Analytics market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by End User, the sub-segment i.e. Law Enforcement and Intelligence Bureau will boost the Public Safety Analytics market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Increasing Use of Video Analytics in Public Safety Analytics and Artificial Intelligence and Predictive Analysis used in Public Safety Analytics
Market Growth Drivers:
Increasing Need for the Safety and Security in the Public Setting and Demand for Efficient Use of Resources and Better Chance to Intercept Criminals
Challenges:
Technological Issus with Public Safety Analytics Tools
Restraints:
High-Cost Investment in Public Safety Analytics
Opportunities:
Increasing Spendings on Public Safety Technologies Especially Due to the Prevailing Pandemic
Market Leaders and their expansionary development strategies
On 24th January 2020, Global professional services firm Accenture has opened a new innovation centre for ‘situational awareness’ in Singapore, aimed at helping public safety organisations to protect citizens. Singapore has been chosen as the locale for Accenture’s first global innovation centre for situational awareness, established with the view to enabling public safety organisations to make better-informed decisions in protecting citizens and communities. The new centre has been launched with the support of the Singapore Economic Development Board (EDB) and is geared toward public safety organisations in both the Asia Pacific and around the world.
On 3rd October 2019, Tyler Technologies Inc. announced it has launched its Socrata-based cloud application, Law Enforcement Analytics, a new data-rich product for public safety command staff. Law Enforcement Analytics allows public safety staff to have a comprehensive view of crime statistics in their community. With the tool, they can identify types of crimes that have increased or decreased in a given area, determine and visualize where crimes occurred, and pinpoint when crime types occur most frequently.
Key Target Audience
Public Safety Analytics Platform Providers, Public Safety Analytics Industry Association, Research and Development Institutes, Potential Investors, Regulatory Bodies and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.