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2017 $500+ Billion Public Safety and Security Market by Solution, Service, Vertical, and Region - Global Forecast to 2022 - Research and Markets

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01/12/2018 | 10:36am EDT

The "Public Safety and Security Market by Solution (Critical Communication Network, Biometric & Authentication System, Surveillance System, Emergency & Disaster Management, Cyber Security), Service, Vertical, and Region - Global Forecast to 2022" report has been added to ResearchAndMarkets.com's offering.

The Public Safety and Security Market Size is expected to grow from US$277.02 billion in 2017 to US$532.39 billion by 2022, at a CAGR of 14.0%

An increase in smart city initiatives and in criminal activities and terrorist attacks is expected to drive the public safety and security market

The public safety and security market is driven by factors such as increasing smart city initiatives, the growing trend of IoT in public safety, and rapidly increasing criminal activities and terrorist attacks. However, high installation and maintenance costs may restrain market growth. Furthermore, the lack of efficient storage and management capacities of data is the biggest challenge for organizations.

The emergency and disaster management solution is expected to grow at the highest CAGR during the forecast period. The various emergency and disaster management solutions include geographic info systems, simulation systems, and surveillance systems. The demand for emergency and disaster management solution is expected to gain pace in the public safety and security market, due to high adoption by government and public safety agencies in case of natural disasters such as earthquakes, cyclones, and tsunami or any other emergency situations.

Transportation systems play an important role in public safety and security. There has been strong adoption of advanced security solutions in the transportation vertical in recent years. Transportation vertical public safety and security solutions are used for securing airports, marine ports, and railways. Therefore, the transportation vertical is projected to adopt public safety and security solutions, and is expected to grow at the highest CAGR during the forecast period.

The Asia-Pacific (APAC) includes major economies, such as India and China, which are rapidly deploying public safety and security solutions. This is mainly due to smart city projects, and increasing criminal activities and terrorist attacks. APAC is expected to grow at the highest CAGR during the forecast period. Furthermore, North America is estimated to have the largest market size in 2017.

Key Topics Covered:

1 Introduction

2 Research Methodology

3 Executive Summary

4 Premium Insights

5 Market Overview

6 Public Safety And Security Market, By Solution

7 Public Safety And Security Market, By Service

8 Public Safety And Security Market, By Vertical

9 Public Safety And Security Market, By Region

10 Competitive Landscape

11 Company Profiles

  • Cisco Systems
  • Ericsson
  • Esri
  • General Dynamics
  • Harris Corporation
  • Haystax
  • Hexagon
  • Huawei
  • IBM
  • Motorola Solutions
  • Nec Corporation
  • Nice

For more information about this report visit https://www.researchandmarkets.com/research/8363d3/2017_500?w=4


© Business Wire 2018
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