Public Safety Analytics Market Definition
The public safety analytics video analytics, identity, social media analytics, and various others, it works on the basis of predictive, prescriptive and descriptive analysis which includes all size are inundated with data and information. The analytics provides all the data regarding the public safety right from data from dash cams to emergency incident reports and criminal intelligence. The public safety analytics requires data at the right time to help public safety providers to solve crimes and ensure the safety of citizens.
The market study is broken down by Type (Predictive, Prescriptive and Descriptive), by Application (Pattern Recognition, Incident Detection, Person of Interest Screening, Surveillance and Others) and major geographies with country level splits.
Hexagon (Sweden), IBM (United States), Accenture (Ireland), Cisco (United States), NEC (Japan), SAP (Germany), Esri (United States), SAS (United States), Tyler Technologies Inc. (United States), Nice Systems (Israel), Splunk (United States), Verint Systems (United States), Hitachi Vantara (United States) and Haystax (United States) are some of the key players that are part of study coverage.
AdvanceMarketAnalytics has segmented the market of Global Public Safety Analytics market by Type, Application and Region.
On the basis of geography, the market of Public Safety Analytics 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). If we see Market by Deployment, the sub-segment i.e. Cloud Based will boost the Public Safety Analytics market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Service, the sub-segment i.e. Regular Screening will boost the Public Safety Analytics market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Solution, the sub-segment i.e. Video Analytics will boost the Public Safety Analytics market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by End User, the sub-segment i.e. Law Enforcement and Intelligence Bureau will boost the Public Safety Analytics market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Leaders and their expansionary development strategies
On 24th January 2020, Global professional services firm Accenture has opened a new innovation centre for ‘situational awareness’ in Singapore, aimed at helping public safety organisations to protect citizens. Singapore has been chosen as the locale for Accenture’s first global innovation centre for situational awareness, established with the view to enabling public safety organisations to make better-informed decisions in protecting citizens and communities. The new centre has been launched with the support of the Singapore Economic Development Board (EDB) and is geared toward public safety organisations in both the Asia Pacific and around the world.
On 3rd October 2019, Tyler Technologies Inc. announced it has launched its Socrata-based cloud application, Law Enforcement Analytics, a new data-rich product for public safety command staff. Law Enforcement Analytics allows public safety staff to have a comprehensive view of crime statistics in their community. With the tool, they can identify types of crimes that have increased or decreased in a given area, determine and visualize where crimes occurred, and pinpoint when crime types occur most frequently.
- Increasing Use of Video Analytics in Public Safety Analytics
- Artificial Intelligence and Predictive Analysis used in Public Safety Analytics
- Increasing Need for the Safety and Security in the Public Setting
- Demand for Efficient Use of Resources and Better Chance to Intercept Criminals
- Increasing Spendings on Public Safety Technologies Especially Due to the Prevailing Pandemic
- High-Cost Investment in Public Safety Analytics
- Technological Issus with Public Safety Analytics Tools
Key Target AudiencePublic Safety Analytics Platform Providers, Public Safety Analytics Industry Association, Research and Development Institutes, Potential Investors, Regulatory Bodies and Others
About ApproachThe 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.
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