Global IoT In Public Safety Market Analysis 2024, Forecast To 2033
21 Feb, 2024
The public safety IoT market has surged, growing from $3.07 billion in 2023 to $3.6 billion in 2024, boasting a 17.3% CAGR. This expansion stems from an increased demand for improved emergency response, smart city initiatives, integration of IoT in video surveillance, adoption of wearables for first responders, and a focus on predictive policing. Forecasts suggest continued growth, reaching $6.85 billion in 2028 at a 17.5% CAGR. Anticipated drivers include IoT-enabled traffic management, drone adoption for surveillance, disaster management, health and safety monitoring, AI integration, and collaboration for IoT implementation.
Global IoT In Public Safety Market Key Driver
The IoT in public safety market is driven by the increasing number of criminal activities. IoT aids in estimating and predicting crime, making it a crucial tool for public safety. The rise in violent victimization rates and motor vehicle thefts contributes to the demand for IoT solutions in enhancing public safety.
Get A Free Sample Of The Global IoT In Public Safety Market ReportGlobal IoT In Public Safety Market Segments
The iot in public safety market covered in this report is segmented –
1)By Type: Surveillance Systems, Incident Management and Response, Disaster Management, Security Systems, Other Types
2)By Component: Software, Hardware, Services
3)By End User: Government and Public Sector, Transportation, Healthcare, Retail, Education, Manufacturing, Other End User
By Geography: The regions covered in the template market report are Asia-Pacific, Western Europe, Eastern Europe,North America, South America, Middle East, and Africa. Among these regions.
North America was the largest region in the IoT in public safety market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the iot in public safety market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
Major IoT In Public Safety Industry Players
International Business Machines Corporation; Hitachi Vantara Corporation; NEC Corporation; Microsoft Corporation; Cisco Systems Inc.; Sierra Wireless; Telit Communications Ltd.; Intrado Life & Safety Inc.; Nokia Networks; ThroughTek Co. Ltd.; Kontron d. o. o.; Intellivision; Star Controls Engineering Co. Ltd.; Huawei Technologies Co. Ltd.; Securens Systems Pvt. Ltd.; Intel Corporation; Kova Group Ltd.; Esri Inc.; Tibbo Systems; Endeavour Technology Ltd.; X-Systems Inc.; Yardarm Technologies Inc.; CityShob Software LTD.; Aeris Communications India Pvt. Ltd.; Caverion Corporation; Dallmeier Electronic GmbH & Co.; Digital Barriers; Elbit Systems Ltd.; Telefonaktiebolaget LM Ericsson; Genetec Inc.; Honeywell International Inc.
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IoT In Public Safety Market Overview
IoT in public safety is the way to ensure public safety with computer vision employed in conjunction with cameras, microphones, and sensors to collect information about traffic, accidents, and crime and to enhance urban mobility by analysing traffic conditions. It is used to record and examine traffic patterns, identify risks, and issue warnings about impending accidents.
IoT In Public Safety Global Market Report 2023 provides data on the global iot in public safety market such as market size, growth forecasts, segments and geographies, competitive landscape including leading competitors’ revenues, profiles and market shares. The iot in public safety market report identifies opportunities and strategies based on market trends and leading competitors’ approaches.