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IoT for Public Safety Market by Component Type (Platform, Solutions, Services ), Application (Critical Infrastructure Security, Disaster Management, Emergency Communication And Incident Management.), Organizational Size (Small And Medium Enterprise, Large Enterprise), Industry Vertical (Building And Home Automation, Manufacturing, Transportation, Healthcare, Utilities, Homeland Security And Others) : Global Opportunity Analysis And Industry Forecast, 2020–2027

A08798
Pages: NA
Jun 2021 | 353 Views
 
Author(s) : NA
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Charts: NA
 

COVID-19

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IoT for Public Safety Market Statistics:

Public safety is very important issue in the present-day and this is a high priority in the public and state. As an emerging industrial mode, network technology Internet of Things (IoT) has great application prospect due to its technical features and architectural advantages, and has gained wide attention from all types of people and government. With the development of the internet of things, the concept of IoT for public safety is pushed. In addition to this, enhanced situational awareness, real-time response, process optimization, and control of autonomous systems are some of the benefits offered by the Internet of things that enabled devices public safety.

IoT for Public Safety Market Scope and Structure Analysis:

Report Matric

Details

  Market size available for the years

  2019-2027

  Base year considered

  2019

  Forecast period

  2020-2027

  Forecast unit

  Value (USD)

  Segments covered

  • Platform Type
  • Service Type
  • Application
  • Component Type
  • Deployment Type
  • Organizational Size
  • Industry Vertical
  • Region

  Regions covered

  • North America (U.S. and Canada),
  • Europe (Germany, UK, France, and the Rest of Europe),
  • Asia-Pacific (China, Japan, India, and the Rest of Asia Pacific).
  • LAMEA (Latin America, Middle East, and Africa)

  Companies covered

 

  1. IBM Corp.
  2. NEC Corp.
  3. Microsoft Corp.
  4. Cisco Systems Inc.
  5. Nokia Networks Inc.
  6. Sierra Wireless Inc.
  7. Cardle Point Inc.
  8. Kova Corp.
  9. Hitachi Vantara Corp.
  10. Star Controls Inc.

 

Impact of COVID-19 on IoT for Public Safety Market:

  • The emergence of COVID-19 pandemic has severely affected almost all industries across the globe. Further, lockdown enforcements and restrictions on movements of non-essential goods as well as resources in various countries has disrupted supply chain of electronic components & networking equipment. This, has led to delay in supply of electronic components required in manufacturing of the network equipment.
  • Companies have continued to expand cloud services and application development service during the pandemic.  Before the pandemic took hold various organizations were providing manual release of applications to customers.
  • New learnings among companies with respect to work-from-home (WFH) and data accessibility during the lockdown period has resulted in increasing enquiries for space and services at data centers and this trend is expected to create opportunities in for the market during the forecast period. 
  • There is an increase in use of automation and even after situation returns to ‘normal’, the work style will continue to be data center-driven, with demand growth for higher penetration of e-commerce, digital payments, and widespread deployment of Big Data, apart from policy level push for automation.

Top impacting factors: Market Scenario Analysis, Trends, Drivers, and Impact Analysis 

Numerous factors such as rise in adoption of clinical activities, terrorist attacks, smart cities projects, rise in demand for public safety like surveillance systems, increased adoption of IoT in public safety in healthcare scanning and screening systems, advanced cameras, concerns related to public and national safety and high communication networks propel growth of the market. However, installation and deployment cost associated and privacy and security concerns may hinder the growth of the market. Furthermore, advanced communication system may lead to the foundation of advanced product launches in the IoT for public safety market. 

Increased adoption of Internet of Things in healthcare: 

Internet of Things is improving public safety by improving accuracy and efficiency of running processes. Features such as wearable tech, smart objects, and GPS technology are increasing the demand for IoT enabled devices. In addition to this, innovations such as smart hospitals and wearables, social work and public safety, enhanced safety equipment and operations, and remote medical care are also improving healthcare thus becoming the key driving factor for the growth of this market. In addition to this, the IoT enabled more specifically in emergency healthcare. The use of smart devices in real time monitoring of patients and the use of connected medical wristbands are some of the majorly used applications of IoT enabled in healthcare. 

Rise in number of privacy concerns: 

The major concern for any organization when working with the cloud is privacy and security. The rising concern for the protection of critical infrastructure and sensitive data security. Moreover, the possibility of hackers which can lead to breaking and stealing confidential data of the organization and from the connected devices. Furthermore, the cyber threat can also be raised in the transformation of data from one device to another and can lead to risk in public safety. Hence security and privacy concerns may hinder the growth of the market. 

Advancements in technology and adoption of machine learning: 

The technology is growing and with the advancement in technology, organizations are also adopting advanced technologies like artificial intelligence and machine learning, with an aim towards improved security and quality of the Internet of things. These technologies also offer valuable awareness to help in reducing the cyber threat and adopt technologies like smart camera systems. Thus, the adoption of enhanced technologies like artificial intelligence and machine learning is expected to bring lucent opportunities for the market. 

Key Segments covered:

Segments

Subsegments

  Component Type

  • Platform
  • Solutions
  • Services  

  Platform Type

  • Application Management
  • Device Management
  • Network Management  

  Service Type  

  • Consulting services
  • System Integration services
  • Support and maintenance services  

  Application

  • Critical infrastructure security
  • Disaster Management
  • Emergency communication and Incident Management.

  Organizational Size  

  • Small & Medium Enterprise
  • Large Enterprise

  Industry Vertical  

  • Building and home automation
  • Manufacturing
  • Transportation
  • Healthcare
  • Utilities
  • Homeland security
  • Others

 

Key benefits of the report:

  • This study presents the analytical depiction of the global IoT for public safety market along with the current trends and future estimations to determine the imminent investment pockets.
  • The report presents information related to key drivers, restraints, and opportunities along with detailed analysis of global IoT for public safety market share.
  • The current market is quantitatively analyzed from 2019 to 2027 to highlight the global IoT for public safety market growth scenario.
  • Porter’s five forces analysis illustrates the potency of buyers & suppliers in the market. 
  • The report provides detailed IoT for public safety market analysis based on competitive intensity and how the competition will take shape in coming years. 
 
With collective industry experience of about 200 years of its analysts and experts, Allied Market Research (AMR) encompasses most infallible research methodology for its market intelligence and industry analysis. We do not only engrave the deepest levels of markets but also sneak through its slimmest details for the purpose of our market estimates and forecasts. Our approach helps in building greater market consensus view for size, shape and industry trends within each industry segment. We carefully factor in industry trends and real developments for identifying key growth factors and future course of the market. Our research proceeds are the resultant of high quality data, expert views and analysis and high value independent opinions. Our research process is designed to deliver balanced view of the global markets and allow stakeholders to make informed decisions.

We offer our clients exhaustive research and analysis based on wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics and regional intelligence. Our in-house industry experts play instrumental role in designing analytic tools and models, tailored to the requirements of particular industry segment. These analytical tools and models sanitize the data & statistics and enhance the accuracy of our recommendations and advice. With AMR’s calibrated research process and 360` degree data-evaluation methodology, our clients are assured of receiving:

  • Consistent, valuable, robust and actionable data & analysis that can easily be referenced for strategic business planning
  • Technologically sophisticated and reliable insights through well audited and veracious research methodology
  • Sovereign research proceeds that present a tangible depiction of marketplace


With a strong methodology we are, therefore, confident that our research and analysis are most reliable and guarantees sound business planning.

Secondary research
We refer a broad array of industry sources for our secondary, which typically include; however, not limited to: Company SEC filings, annual reports, company websites, broker & financial reports and investor presentations for competitive scenario and shape of the industry

  • Patent and regulatory databases for understanding of technical & legal developments
  • Scientific and technical writings for product information and related preemptions
  • Regional government and statistical databases for macro analysis
  • Authentic new articles, web-casts and other related releases for market evaluation
  • Internal and external proprietary databases, key market indicators and relevant press releases for market estimates and forecast


Primary research
Our primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks and face-to-face interactions. We are also in professional corporate relations with various companies that allow us greater flexibility for reaching out industry participants and commentators for interviews and discussions, fulfilling following functions:

  • Validates and improves the data quality and strengthens research proceeds
  • Further develops analyst team’s market understanding and expertise
  • Supplies authentic information about market size, share, growth and forecasts


Our primary research interview and discussion panels are typically composed of most experienced industry members. These participants include; however, not limited to:

  • Chief executives and VPs of leading corporations specific to industry
  • Product and sales managers or country heads; channel partners and top level distributors; banking, investments and valuation experts Key opinion leaders (KOLs)


Analyst tools and models
AMR has developed set of analyst tools and data models to supplement and expedite the analysis process. Corresponding to markets, where there is significant lack of information and estimates, AMR’s team of experts and analyst develop specific analyst tools and industry models to translate qualitative and quantitative industry indicators into exact industry estimates. These models also allow analysts to examine the prospects and opportunities prevailing in the market to accurately forecast the course of the market.
 
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