Global Public Safety and Security Market was valued US$ 246.0 Bn in 2017 and is estimated to reach US$ 798.7 Bn by 2026 at a CAGR of 13.98%.Global Public Safety and Security Market Public safety and security market is segmented by solution, service, vertical, and geography. On the basis of vertical, public safety and security market is segmented by homeland security, emergency services, and critical infrastructure security and transportation systems. Homeland sub-segment had the largest market share in 2016 and transportation system sub-segment is projected to grow at a higher CAGR during the forecast period. Based on service, public safety and security market is divided by managed service and professional service. The managed services sub-segment among services is further projected to grow at a high CAGR during the forecast period. The critical communication network solution sub-segment is projected to have high growth during the forecast period as compared to other segments.
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Growing infrastructural development along with rising in state of the art commercial buildings have been a few major factors to drive the overall demand for public safety, and security systems, especially for homeland security and at the same time high installation cost and lack of interoperability between legacy and advanced security systems act as restrains to the market.
Public safety and security include protection of citizens, organizations, and institutions against threats to their well-being, the prosperity of their communities, criminal activity or disasters, terrorist attacks, injury or property damage, severe accidents, environmental disasters, and inappropriate social behavior.
In terms of region, public safety and security market is divided into North America, Europe, Asia Pacific, and Latin America. North America followed by Europe is projected to be the largest market during forecast period for public safety and security system globally. Asia Pacific (APAC) is expected to be one of the fastest growing regions with huge investments an infrastructural developments in China and India further boosting the overall growth of the market.
Key player’s studies, analyzed, profiled and benchmarked in public safety and security market are Cisco (US), Ericsson (Sweden), General Dynamics (US), Harris Corporation (US), Hexagon (Sweden), Huawei Technologies (China), IBM (US), Motorola Solutions (US), NEC Corporation (Japan), and Esri (US).
The Scope of Report Global Public Safety and Security Market:
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Global Public Safety and Security Market, by Solution:
• Critical Communication Network
• C2/C4ISR System
• Biometric Security and Authentication System
• Surveillance System
• Scanning and Screening System
• Emergency and Disaster Management
• Public Address and General Alarm
• Backup and Recovery System
Global Public Safety and Security Market, by Service:
• Managed Services
• Professional Services
Global Public Safety and Security Market, by Vertical:
• Homeland Security
• Emergency Services
• Critical Infrastructure Security
• Transportation Systems
Global Public Safety and Security Market, by Geography:
• North America
• Asia Pacific
• Middle East & Africa
• Latin America
Key Players, Global Public Safety and Security Market:
• Cisco (US)
• Ericsson (Sweden)
• General Dynamics (US)
• Harris Corporation (US)
• Hexagon (Sweden)
• Huawei Technologies (China)
• IBM (US)
• Motorola Solutions (US)
MAJOR TOC OF THE REPORT
Chapter One: Public Safety and Security Market Overview
Chapter Two: Manufacturers Profiles
Chapter Three: Global Public Safety and Security Market Competition, by Players
Chapter Four: Global Public Safety and Security Market Size by Regions
Chapter Five: North America Public Safety and Security Revenue by Countries
Chapter Six: Europe Public Safety and Security Revenue by Countries
Chapter Seven: Asia-Pacific Public Safety and Security Revenue by Countries
Chapter Eight: South America Public Safety and Security Revenue by Countries
Chapter Nine: Middle East and Africa Revenue Public Safety and Security by Countries
Chapter Ten: Global Public Safety and Security Market Segment by Type
Chapter Eleven: Global Public Safety and Security Market Segment by Application
Chapter Twelve: Global Public Safety and Security Market Size Forecast (2019-2026)
Browse Table of Contents with Facts and Figures of Public Safety and Security Market Report at: https://www.maximizemarketresearch.com/market-report/public-safety-security-market/647/
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