Global IoT In Public Safety Market
Information Technology

Global IoT In Public Safety Market Size, Drivers, Trends, Opportunities And Strategies – Includes IoT In Public Safety Market Share

The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032

 

The increasing number of criminal activities are expected to drive innovation in IoT in public safety manufacturing, thus driving the market during the forecast period.

 

The global IoT in public safety market is expected to grow from $2.61 billion in 2022 to $3.05 billion in 2023 at a compound annual growth rate (CAGR) of 17.1%. The IoT in public safety market size is expected to grow to $5.73 billion in 2027 at a CAGR of 17.1%.

 

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Global Iot In Public Safety Market Segments Include:

  • By Type:Surveillance Systems, Incident Management and Response, Disaster Management, Security Systems, Other Types
  • By Component:Software, Hardware, Services
  • By End User:Government and Public Sector, Transportation, Healthcare, Retail, Education, Manufacturing, Other End User
  • By Geography:The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, North America is the largest region in the global IoT in public safety market in 2021.

 

Major Market Players in the IoT in public safety market include International Business Machines Corporation, Hitachi Vantara Corporation, NEC Corporation, Microsoft Corporation, Cisco Systems Inc., Sierra Wireless.

 

Increasing adoption of machine learning (ML) And AI-based public safety solutions is a key trend gaining popularity in the IoT in the public safety market. ML and AI-based public safety solutions are employed to improve public safety by utilising the best AI practises and techniques, enabling AI systems to improve public safety, and utilising ML and deep neural networks for more accurate decision-making and prediction. Major players in the IoT in the public safety sector are focused on increasing the adoption of ML And AI-based public safety solutions to sustain their marketplace. For instance, in March 2022, Seeed Studio, a China-based company engaged in the development of IoT hardware, launched AI and IoT solutions, including sensors, as a service for full digitalization purposes as well as EdgeAI for the real world. They can always-on infer using vision and sound thanks to the ultra-low-power machine learning that powers the SenseCAP sensors. Seeed introduced the 2 series of Edge Computing devices powered by Nvidia Jetson to make data gathering and inference happen in real-time, enabling more AI-based solutions to be used in the real world.

 

The IoT In Public Safety Global Market Report 2023  provides a IoT in public safety market overview for the time series: historic years (2010 – 2021) and ten years forecast (2023 – 2032). The IoT in public safety market forecast analyzes IoT in public safety market size, IoT in public safety market share, leading competitor market positions. The regions covered in the report include Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa and the countries include Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

 

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.

 

Explore Similar Reports From The Business Research Company:  

IOT Sensors Global Market Report 2023

IoT Services Global Market Report 2023

IoT Security Global Market Report 2023

 

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