IOT FOR PUBLIC SAFETY MARKET TO REACH USD 2.3 BILLION BY 2025 | CAGR 15.9% – FORENCIS RESEARCH

IoT for Public Safety Market Size, Share, Trends, Growth, Analysis, Research

Global IoT for Public Safety Market: Key Highlights

  • According to the new market research report IoT for Public Safety Market by Components (Solution and Services), by Application (Disaster Management, Real-Time Location Tracking), by End User (Healthcare, Defense), by Region (Asia-Pacific, North America, Europe, Middle East & Africa, South America) – Global Forecast 2018 to 2025”, the global IoT for Public Safety Market is estimated to reach USD 2.3 Billion by 2025 at a CAGR of around 15.9% during the review period.
  • IoT for public safety mainly focuses to anticipate natural disasters and cyber-attacks activities that could have a negative impact on the economy.
  • Security offers a wide range of remote computing devices that connect to a network and communicates security such as antimalware software program and antivirus software along with network security system that monitors and controls incoming and outgoing network predetermined security.
  • However, privacy and security issues prices remain a major restraining factor for the growth of the IoT for public safety market

IoT for Public Safety Market

Global IoT for Public Safety Market: Key Market Dynamics

  • Increase in demand for digital platform can integrate in citizen mobile application and digital media system can help to boost the safety which can to increase the market demand.
  • Increasing adoption of artificial intelligence & machine learning helps to operate in smart cities with security camera to enhance the public safety and to manage resource more efficiently is anticipate to surge the market growth.
  • Adoption for IoT technology boost the medical services, fire protection services for emergence support and safety of the citizens which can lead to rise market advancement in forecast year.

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Global IoT for Public Safety Market: Regional Overview

  • North America

The IoT for Public Safety Market in the North America region is projected to witness high demand due to the more consumer IoT connection in the region.

The region is one of the largest IoT space attribute and the startup is enhancing faster in comparison to the other region. Moreover, the US has the most advance software with the information technology services industry globally. Also, the US government as AI initiative has launched a website by AI.gov.

Furthermore, the US has the major international activities which support to promote the adoption of AI and new technologies.

  • Europe

The region is the third major adoption for IoT after the Asia-Pacific and North America. The region market for Internet of things (IoT) integration with the big data is enhancing. The region has advance its core IT support with the IoT Technologies. According to the European Commission, in 2015 the e Alliance for Internet of things Innovation is being launched to support the innovation and development to boost the European Internet of Thing ecosystem.   

Global IoT for Public Safety Market: Key Players Overview

  • Hitachi Vantara Corporation:

Hitachi Vantara Corporation is a multinational company which deliver the solution utilizing Lumada in five different sector which includes smart life, energy, IT, mobility and industry. The company has introduce new IoT industries controller the HX Series Hybrid Model. Moreover, the IoT is changing rapidly the manufacturing and also services business. In 2019, the company has announced the extension of Lumada’s capabilities beyond the IoT for business and customer.

  • NEC Corporation:

NEC Corporation is multination information technology and electronic company and provides the solution which promote the safety, security and efficiency by the name of “Solution of Society”. The company is the major player for the network technologies and IT integration which will lead to advance the enterprise and user. In 2018, the company announced a collaboration for the development of secure Internet of things (IoT) solution for the smart citizen artificial intelligence with the Arm Limited (Arm).

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Our robust research methodology is designed to constantly map the high growth markets in various industries. This facilitates enhanced decision-making capabilities to our clients. Our robust research methodology is designed to constantly map the high growth markets in various industries. This facilitates enhanced decision-making capabilities to our clients. We strive to help our clients to foray into uncharted space to attain increased revenue growth for the present as well as the future.

 

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Published : 2020-01-21