A Global Public Safety and Security Market Research Report from Emergen Research has been formulated by analyzing key business details and an extensive geographic spread of the Public Safety and Security industry, encompassing key business details and extensive geographical coverage. In addition to providing crucial statistical data about the Public Safety and Security market, this study covers qualitative and quantitative aspects of the Public Safety and Security market. In addition to historical data from 2017 to 2018, the research study provides an accurate forecast until 2027 for the Public Safety and Security market. A comprehensive analysis of established and emerging players in the market is summarized in the report. The report also covers the business overview, the product portfolio, and the strategic alliances and expansion strategies of the companies.
The global public safety and security market size reached USD 433.60 Billion in 2022 and is expected to register a revenue CAGR of 10.0% during the forecast period, according to the latest analysis by Emergen Research. Increasing terrorist activities and security breaches are major factors driving revenue growth of the market. Terrorist activities and crime rates are on rise, increasing concerns regarding safety and security of assets and systems. As a result, countless lives and infrastructure have been damaged and this emphasizes the necessity for public safety and security solutions. According to the U.S. Department of State, terrorist activities have been on rise across the globe. Increasing instances of organized crime pose a significant danger to both national and international security. Criminal networks are expanding and broadening their operations, resulting in a convergence of dangers to public safety, public health, and democratic institutions, as well as an impact on global economic stability.
Due to movement restrictions and lockdowns due to the current COVID-19 pandemic, the growth of the Public Safety and Security industry is expected to be negatively affected. In addition to the impact of the COVID-19 pandemic on numerous global markets, the Public Safety and Security industry is expected to feel the effect as well. The slowdown in economic growth and dynamic changes in demand will further affect industry growth. The report covers the impact analysis of the COVID-19 pandemic on the overall Public Safety and Security industry.
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Global Public Safety and Security Market Highlights:
- Regional demand estimation and forecast
- Product Mix Matrix
- R&D Analysis
- Cost-Benefit Analysis
- Pre-commodity pricing volatility
- Supply chain optimization analysis
- Technological updates analysis
- Raw Material Sourcing Strategy
- Competitive Analysis
- Mergers & Acquisitions
- Location Quotients Analysis
- Carbon Footprint Analysis
- Patent Analysis
- Vendor Management
Competitive Landscape:
The latest study provides an insightful analysis of the broad competitive landscape of the global Public Safety and Security market, emphasizing the key market rivals and their company profiles. A wide array of strategic initiatives, such as new business deals, mergers & acquisitions, collaborations, joint ventures, technological upgradation, and recent product launches, undertaken by these companies has been discussed in the report. The report analyzes various elements of the market’s competitive scenario, such as the regulatory standards and policies implemented across the industry over recent years. Our team of experts has leveraged several powerful analytical tools, such as Porter’s Five Forces analysis and SWOT analysis, to deliver a comprehensive overview of the global Public Safety and Security market and pinpoint the fundamental growth trends.
Cisco Systems, Inc., Honeywell International, Motorola Solutions, Inc., The International Business Machines Corporation (IBM), NEC Corporation, Siemens AG , Telefonaktiebolaget LM Ericsson, Huawei Technologies Co., Ltd., Atos SE, and Hexagon AB
Key Parameters Analyzed in This Section:
- Company Profiles
- Gross Revenue
- Profit margins
- Product sales trends
- Product pricing
- Industry Analysis
- Sales & distribution channels
Regional Segmentation:
- North America
- Latin America
- Europe
- Middle East & Africa
- Asia Pacific
Key Points Covered in This Section:
- Regional contribution
- Estimated revenue generation
- Vital data and information about the consumption rate in all the leading regional segments
- An expected rise in market share
- Forecast growth in the overall consumption rate
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Product Type Segmentation & Application Segmentation:
-
Solution Outlook (Revenue, USD Billion; 2019-2032)
- Critical Communication Network
- C2/C4ISR System
- Surveillance System
- Others
-
Service Outlook (Revenue, USD Billion; 2019-2032)
- Professional Services
- Managed Services
-
Vertical Outlook (Revenue, USD Billion; 2019-2032)
- Homeland Security
- Emergency Services
- Critical Infrastructure Security
- Other Verticals
Report Highlights:
- Besides offering a vivid depiction of the global Public Safety and Security business sphere and its fundamental operations, the latest report provides the industrial chain analysis and list down the current and future market trends and growth opportunities.
- The report includes information on the present and historical market scenarios, which helps forecast the market conditions over the next eight years (2020-2027).
- The report scrutinizes the salient factors influencing the growth of the market in the near future.
- The strategic marketing recommendations, crucial information related to the new market entrants, and expansion plans of various businesses are poised to provide the reader with a competitive edge in the market.
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Author: Komal Shinde
