IoT for Public Safety Market Size, Share, Key Players, Growth Trend, and Forecast, 2020–2027
The global IoT for Public Safety market is forecast to reach USD 2,621.8 Million by 2026, according to a new report by Reports and Data. According to the evaluation of the European Telecommunications Standards Institute, emergency calling, mission-critical communications to protect responder personnel or situational awareness, mission-critical logistics support, public warning systems, and automated emergency response are the five major applications of IoT in public safety.
As an instance, at the time of disaster, national or local authorities are needed to alert citizens. In such situations, with the help of IoT devices like connected road displays or billboards, bus stop displays, connected cars, and displays inside busses, citizens in the affected area can be provided with timely and accurate information. Thus with the help of such public warning systems, the damages associated due to the disaster can be significantly controlled. Therefore, IoT has varied areas of application in the domain of public safety, which is boosting the growth of the market.Top companies are profiled to offer crucial information about the competition scenario of the global IoT for Public Safety market. Top companies include Hitachi Vantara, IBM, Microsoft, NEC, Sierra Wireless, Cisco Systems, Nokia Networks, West Corporation, Telit, and Throughtek.
The report on the IoT for Public Safety market is an investigative study and includes a comprehensive analysis of the industry professionals, stakeholders, investors, established companies, and new entrants. The report also offers strategic recommendations to new entrants to assist them in maximizing on growth opportunities and overcoming entry-level barriers in the industry. The report generates an industry-wide database of key market aspects including market drivers, challenges, trends, opportunities. It provides key statistical information on market share, market size, revenue growth, profit margin, import/export, value chain analysis, market value, and recent technological and product developments in the market.
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Based on regional analysis, the IoT for Public Safety market gives extensive analysis of leading regions, categorized into North America, Europe, Asia Pacific, Latin America, and Middle East and Africa. It offers insights into production and consumption rate, supply and demand, consumer behavior and demands, current and emerging trends, revenue contribution, market share and market size, revenue share, strategic alliances between key companies, and presence of key companies in the region. The report also provides country wise analysis to provide deeper insights into IoT for Public Safety market to help readers make executive decisions.
The report further segments the global IoT for Public Safety market on the basis of product types, services, end-use industry, applications, and regions. Based on product types, the IoT for Public Safety market has been segmented into:
Component Type Outlook (Revenue, USD Million; 2016-2026)
System Integration Services
Support and Maintenance Services
Application Type Outlook (Revenue, USD Million; 2016-2026)
Critical Infrastructure Security
Emergency Communication and Incident Management
Surveillance and Security
End-use Type Outlook (Revenue, USD Million; 2016-2026)
Smart Building and Home Automation
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Key Offerings of the IoT for Public Safety Market Report:
Analysis of key drivers, opportunities, constraints, limitations, threats, and growth prospects
Detailed estimation at regional and global scale including assessment of prominent manufacturers, sales, production and consumption, and import/export dynamics
In-depth assessment of key market players along with their company overview, financial standing, product portfolio, gross profit, manufacturing and production capacity, price analysis, and business expansion plans
Comprehensive assessment of recent mergers and acquisitions, joint ventures, partnerships, collaborations, agreements, product launches, and brand promotions
Complete forecast up to 8 years for key mentioned segments
Crucial insights into market size, market share, and revenue growth by assessment of key factors influencing market growth
SWOT analysis and Porter’s Five Forces analysis along with feasibility analysis and investment return analysis also covered in the report
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