IoT (Internet of Things) for Public Safety Market Scope
After the concept of IoT was first introduced in the year 2009, it has become a widespread phenomenon in all spheres of life. The Internet of Things (IoT) is the network of physical devices and connectivity that enables objects to connect to one another, to the Internet, and exchange data amongst themselves. According to sources, 2020 more than 26 billion devices would be connected to the Internet. As these devices become more pervasive in our everyday life, they will change the way societies operate. The potential use of IoT in public safety is the rising usage of wearable sensors on police uniforms. For instance, the use of gun holster sensors and body cameras helps to improve their accountability. The growing acceptance of data gathered through smart devices has also expanded the prospects of the market. The rising number of terrorist attacks, especially in public places, and the growing number of natural calamities, notable floods, are factors bolstering the demand for IoT technologies in developing and developed countries. the relative distribution of IoT solutions in the different sectors among the studied municipalities. a little more than 50% of the reported solutions were implemented within the transportation and infrastructure sectors. Together with the utilities and environmental monitoring sectors, these four accounted for almost 75% of implemented IoT solutions.
The market study is segmented, by Application (Emergency Communication and Incident Management, Critical Infrastructure Security, Surveillance and Security and Disaster Management) and major geographies with country level break-up. According to AMA, the Global IoT (Internet of Things) for Public Safety market is expected to see growth rate of 15.9%
Research Analyst at AMA estimates that United States Players will contribute to the maximum growth of Global IoT (Internet of Things) for Public Safety market throughout the predicted period.
IBM (United States), Hitachi Vantara (United States), NEC (Japan), Microsoft (United States), Cisco Systems (United States), Nokia Networks (Finland), Sierra Wireless (Canada), Telit (United Kingdom) and West Corporation (United States) are some of the key players that are part of study coverage. Additionally, the Players which are also part of the research are ThroughTek (Taiwan), Iskratel (Slovenia), IntelliVision (United States), Star Controls (United States), Carbyne (Israel), Securens (India), SmartCone Technologies (Canada), Kova Corporation (United States), Esri (United States), Cradlepoint (United States), Endeavour Technology (Ireland), X-Systems (Netherlands), Yardarm Technologies (United States), Tibbo Systems (Taiwan) and SayVu Technologies (Israel).
The research aims to propose a patent-based approach in searching for potential technology partners as a supporting tool for enabling open innovation. The study also proposes a systematic searching process of technology partners as a
preliminary step to select the emerging and key players that are involved in implementing market estimations. While patent analysis is employed to overcome the aforementioned data- and process-related limitations, as expenses occurred in that technology allows us to estimate the market size by evolving segments as target market from total available market.
AdvanceMarketAnalytics has segmented the market of Global IoT (Internet of Things) for Public Safety market by Type, Application and Region.
On the basis of geography, the market of IoT (Internet of Things) for Public Safety has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). North America region held largest market share in the year 2019. Europe on the other hand stood as second largest market due to the presence of key companies into the region and high technological advancement.
Market Leaders and their expansionary development strategies
n November 2018, NEC Corporation announced the launch of the Smart Billing(R) platform for the support of subscription business models. and In September 2018, Iskratel deployed the IoT-based Incident-Response Management solution for Slovenian Railways.
- Increasing Adoption of Ml and Ai-Based Public Safety Solutions
- Growing Demand for Unmanned Devices and Remote Surveillance
- Increasing Number of Smart City Initiatives Across the Globe
- Threats to National Security and Public Safety
- Growing Adoption of the IoT Technology Across Verticals
- Upgradation of the Public Safety Infrastructure
- Budget Constraints for Deploying Smart Devices
- Lack of Experienced and Qualified Workforce for Public Safety
Key Target AudienceIoT vendors, Public safety solution providers, Device and network providers, Integration service providers, Governments and Others
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