The public safety solution for smart city market is growing because of the growing adoption of internet of things. Some of the factors driving the growth of the market is that residents want to live in clean and safe environment, entrepreneurs aspire to create innovative solutions and economic opportunity, residents and visitors like to get around town easily, smart cities enhance quality of life, making them great places to live.
Due to high adoption of cloud and internet of things, the public safety solution for smart city market is growing explosively. The adoption of public safety solution for smart city market is used mostly in public transportation security, critical infrastructure security, disaster management, medical emergency service, firefighting services, law enforcement and intelligence agencies. The advantages of public safety solutions for smart city market are to exceed public expectations, maximize public budgets, manage complex systems and reduce response times.
The public safety solution for smart city Market is segmented on the basis of solution, services and application. The solution segment consists of critical communication network, biometric security and authentication system, emergency and disaster management, backup and recovery system, surveillance system and public address and general alarm. The critical communication network have been used in various sectors such as construction, transportation, utilities, factories, and mining operations.
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Major Key Players
Cisco Systems, Inc. (U.S.),
NEC Corporation (Japan),
Thales Corporation (France),
International Business Machines Corporation (U.S.),
Honeywell International Inc. (U.S.),
Huawei Technologies (China),
Northrop German Corporation (U.S.),
AGT International (Switzerland),
The global Public Safety Solution For Smart City Market is expected to grow approximately at USD 336 Billion by 2022, approx.11% of CAGR between 2016 and 2022.
The regional analysis of public safety solution for smart city market is being studied for region such as Asia pacific, Americas, Europe and Rest of the World. Rapid evolution of IOT across different industries has driven the market of public safety solution for smart city market. The North America region to dominate the market of public safety solution for smart city. The technology advancements in the region and major attraction of large and small enterprise is aiding the growth of the market. The Asia-Pacific region is also expected to be one of the growing region in this market due to government enforcement towards public safety and security. Europe region is also one of the leaders in the public safety solutions for smart city market because leading players of the market are continually in the process of research and development of technologies related to public safety solutions.
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- Investors and consultants
- System Integrators
- Government Organizations
- Research/Consultancy firms
- Technology solution providers
- Global infrastructure suppliers
- Communications component providers
- Smart grid and energy management companies
- Big data, analytics, and information processing companies
- Telecom Service Providers.
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