Global Public Safety Solution For Smart City Market Overview:
Public safety solution ensures the security of individuals and property in cases of emergency, notably once people’s lives are in danger. Public safety solutions provide essential communication networks, biometric security and authentication system, and emergency and disaster management, and are widely adopted in numerous countries. the general public safety solutions developed for good cities provide the hyperbolic capability, practicality, and security as compared to inheritance systems.
Attributes | Details |
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Study Period | 2017-2027 |
Base Year | 2021 |
Forecast Period | 2022-2027 |
Historical Period | 2017-2021 |
Unit | Value (USD Million) |
Key Companies Profiled | Northrop German Corporation (United States), NEC Corporation (Japan), Honeywell International Inc. (United States), International Business Machines Corporation (United States), Thales Corporation (France), Harris Corporation (United States), Huawei Technologies (China), Cisco Systems, Inc. (United States), Alcatel-Lucent (France) and Motorola Solutions Inc. (United States) |
Customization Scope | Avail customization with purchase of this report. Add or modify country, region & or narrow down segments in the final scope subject to feasibility |
Growth Drivers
- Growing Acceptance of Cloud-Based Technologies for Public Safety
- Government Initiatives for Smart Safety Systems and Rising Investment in Smart Cities
Roadblocks
- High Costs Involved in Installation and Complex Information Hampers the Market Growth
Opportunities
- Rapid Increase in Innovation by Private Firms for Public Security Purpose
Challenges
- Cyber Attacks and Data Breach Concerns
Competitive Landscape:
The global market for the Public Safety Solution for Smart City is fragmented by global players owing to rising demand for public safety in general and smart city projects with enhanced technology infrastructure. The players should focus on employing new technologies in order to automate the procedures and increase efficiency by the deployment of required forces.
Some of the key players profiled in the report are Northrop German Corporation (United States), NEC Corporation (Japan), Honeywell International Inc. (United States), International Business Machines Corporation (United States), Thales Corporation (France), Harris Corporation (United States), Huawei Technologies (China), Cisco Systems, Inc. (United States), Alcatel-Lucent (France) and Motorola Solutions Inc. (United States). Considering Market by Components, the sub-segment i.e. Services will boost the Public Safety Solution For Smart City market. Considering Market by Technology, the sub-segment i.e. Critical Communication Network will boost the Public Safety Solution For Smart City market.
In 2017, Huawei launched the C-C4ISR Collaborative Public Safety Solutions, which will lead the digital transformation of the global public safety industry. It is launched with all-cloud and matrix intelligence Video Cloud Solution and Crisis and Disaster Management Solution and is designed to address diverse safety threats and protect citizens in cities across the world.
What Can be Explored with the Public Safety Solution For Smart City Market Study
Gain Market Understanding
Identify Growth Opportunities
Analyze and Measure the Global Public Safety Solution For Smart City Market by Identifying Investment across various Industry Verticals
Understand the Trends that will drive Future Changes in Public Safety Solution For Smart City
Understand the Competitive Scenario
- Track Right Markets
- Identify the Right Verticals
Research Methodology:
The top-down and bottom-up approaches are used to estimate and validate the size of the Global Public Safety Solution For Smart City market.
In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Public Safety Solution For Smart City market.
In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes Public Safety Solution for Smart City Provider, Software Developer, Research Institutes, End-User Industry and Others.
This helps us to gather the data related to players revenue, operating cycle and expense, profit along with product or service growth etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, USPTO, EPO, Annual reports, press releases etc.