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Global IoT (Internet of Things) for public safety market assists in predicting the cyberattacks, natural calamities and other dangerous attacks that can negatively impact the economy as a whole and also it helps in mitigating the risks for the governments, and people.<br><br>There are various reasons due to which IoT are considered for public safety such as developing smart cities, smart parking, and other smart solutions for the benefit and safety of public.
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Global IoT (Internet of Things) for Public Safety Market Global IoT (Internet of Things) for Public Safety Market, By Component (Solutions, Platform and Service), End User (Industrial IoT, Connected Healthcare, Smart Transportation, Smart Utilities, Smart Building and Home Automation, Homeland Security and Others),
Segmentation On the basis of component, the market is segmented into solutions, platform and service. The Solutions is sub-segmented into crime prediction and prevention, emergency management, law enforcement and others. The platform is sub-segmented into application management, device management, and network management. The service is sub-segmented into system integration services, consulting services, support and maintenance services. In 2019, solutions segment is likely to grow at the highest CAGR in the forecast period of 2019 to 2026.
Forecast Period Global IOT (internet of things) for public safety market is projected to register a CAGR of 15.8% in the forecast period of 2019 to 2026. Iot is used for improving the infrastructure of the city, for crime detection and prevention, also helps in the managing the disasters and calamities. To lower the crime rates and prevents illegal activities from driving residents away, many politicians and city organizations are trying to fully utilize the power of the Internet of Things for detecting and preventing crimes to happen in a good manner. Also to improve the way police recognize and then respond to crime, Internet of Things solutions can also stop illegal activity from happening.
Competitive Analysis Some of the major players operating in this market are Hitachi Vantara Corporation, Microsoft, IBM, NEC Corporation, ThroughTek Co., Ltd, Iskratel, Securens, SmartCone Technologies Inc., KOVA Corporation, ESRI, Cradlepoint, Inc., ENDEAVOUR TECHNOLOGY, X-Systems, West Corporation, Carbyne, Star Controls, Inc., Cisco Systems, Inc. , Sierra Wireless , Telit, Nokia and others.
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