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Global IoT (Internet of Things) for Public Safety Market Research Report 2024(Status and Outlook)

Global IoT (Internet of Things) for Public Safety Market Research Report 2024(Status and Outlook)

  • Published on : 23 October 2024
  • Pages :130
  • Report Code:SMR-8014070

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Report overview

The global IoT for Public Safety market size was valued at US$ 1780.0 million in 2024 and is projected to reach US$ 3570.2 million by 2030, at a CAGR of 12.3% during the forecast period 2024-2030.

IoT_(Internet_of_Things)_for_Public_Safety_graph

The United States IoT for Public Safety market size was valued at US$ 623.4 million in 2024 and is projected to reach US$ 1.21 billion by 2030, at a CAGR of 11.7% during the forecast period 2024-2030.

IoT for Public Safety refers to the use of connected devices, sensors, and data analytics to enhance emergency response, crime prevention, and overall public safety management in urban and rural environments.

The global IoT for Public Safety market is experiencing rapid growth, driven by increasing urban population, rising crime rates, and the need for more efficient emergency response systems. In 2023, the number of connected devices for public safety reached 85 million globally, with smart surveillance systems accounting for 40% of market value. The emergency response optimization segment is the fastest-growing at 15.5% annually. The market saw a 40% increase in pilot projects for AI-powered predictive policing in 2023, reflecting the trend towards data-driven law enforcement strategies.

Video surveillance dominates with a 50% market share, but environmental monitoring sensors are growing at 18% annually due to increasing focus on disaster preparedness. North America leads with a 45% market share, while Asia Pacific is the fastest-growing region at 14% CAGR. The industry is focusing on developing 5G-enabled IoT solutions for public safety, with a 60% increase in R&D investments for ultra-low latency communications in critical situations. There's also a significant trend towards integrating blockchain technology for secure data sharing among public safety agencies, with a 35% year-over-year increase in blockchain-based pilot projects.

Report Overview

IoT security for public safety is the best way to ensure that innovations can occur in a secure and effective way, and achieve their primary safety goals.

This report provides a deep insight into the global IoT (Internet of Things) for Public Safety market covering all its essential aspects. This ranges from a macro overview of the market to micro details of the market size, competitive landscape, development trend, niche market, key market drivers and challenges, SWOT analysis, value chain analysis, etc.

The analysis helps the reader to shape the competition within the industries and strategies for the competitive environment to enhance the potential profit. Furthermore, it provides a simple framework for evaluating and accessing the position of the business organization. The report structure also focuses on the competitive landscape of the Global IoT (Internet of Things) for Public Safety Market, this report introduces in detail the market share, market performance, product situation, operation situation, etc. of the main players, which helps the readers in the industry to identify the main competitors and deeply understand the competition pattern of the market.

In a word, this report is a must-read for industry players, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the IoT (Internet of Things) for Public Safety market in any manner.

Global IoT (Internet of Things) for Public Safety Market: Market Segmentation Analysis

The research report includes specific segments by region (country), manufacturers, Type, and Application. Market segmentation creates subsets of a market based on product type, end-user or application, Geographic, and other factors. By understanding the market segments, the decision-maker can leverage this targeting in the product, sales, and marketing strategies. Market segments can power your product development cycles by informing how you create product offerings for different segments.

Key Company

  • Hitachi Vantara Corporation
  • Microsoft
  • IBM
  • NEC Corporation
  • ThroughTek
  • Iskratel
  • Securens
  • SmartCone Technologies
  • KOVA Corporation
  • ESRI
  • Cradlepoint
  • ENDEAVOUR TECHNOLOGY
  • X-Systems
  • West Corporation
  • Carbyne
  • Star Controls
  • Cisco Systems
  • Sierra Wireless
  • Telit
  • Nokia
Market Segmentation (by Type)
  • Solution
  • Platform
  • Service
Market Segmentation (by Application)
  • Intelligent Building
  • Home Automation
  • Defence
  • Traffic
  • Other
Geographic Segmentation
  • North America (USA, Canada, Mexico)
  • Europe (Germany, UK, France, Russia, Italy, Rest of Europe)
  • Asia-Pacific (China, Japan, South Korea, India, Southeast Asia, Rest of Asia-Pacific)
  • South America (Brazil, Argentina, Columbia, Rest of South America)
  • The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, South Africa, Rest of MEA)
Key Benefits of This Market Research:
  • Industry drivers, restraints, and opportunities covered in the study
  • Neutral perspective on the market performance
  • Recent industry trends and developments
  • Competitive landscape & strategies of key players
  • Potential & niche segments and regions exhibiting promising growth covered
  • Historical, current, and projected market size, in terms of value
  • In-depth analysis of the IoT (Internet of Things) for Public Safety Market
  • Overview of the regional outlook of the IoT (Internet of Things) for Public Safety Market:
Key Reasons to Buy this Report:
  • Access to date statistics compiled by our researchers. These provide you with historical and forecast data, which is analyzed to tell you why your market is set to change
  • This enables you to anticipate market changes to remain ahead of your competitors
  • You will be able to copy data from the Excel spreadsheet straight into your marketing plans, business presentations, or other strategic documents
  • The concise analysis, clear graph, and table format will enable you to pinpoint the information you require quickly
  • Provision of market value (USD Billion) data for each segment and sub-segment
  • Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market
  • Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region
  • Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled
  • Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players
  • The current as well as the future market outlook of the industry concerning recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions
  • Includes in-depth analysis of the market from various perspectives through Porter.