Digital Spending in Public Safety Market: Insights On Crucial Growth Challenges  2019 - 2027

-
Digital Spending In Public Safety Market: Introduction
According to a new market report pertaining to the global digital spending in public safety market published by Transparency Market Research the global digital spending in public safety market is projected to reach value of ~US$ 201 Bn by 2027. The digital spending in public safety market is projected to expand at a CAGR of ~5% from 2019 to 2027. Expansion of the market can be attributed to growing trend of IoT. This market in Middle East & Africa is anticipated to grow at a significant CAGR, followed by Asia Pacific, during the forecast period.
Rise in Number of Smart City Projects to Drive Digital Spending in Public Safety Market
The increasing push toward digital spending in smart city projects across the world is expected to result in huge and steady growth of thousands of databases and sensors. The rising number of sensors and databases in smart city projects is likely to provide all kinds of information. Besides, most of the volume of data is expected to be collected and processed in smart city projects for intelligent transportation, traffic management, smart outdoor lighting, environmental monitoring, and fixed visual surveillance. Moreover, to develop cities with smarter energy infrastructure, governments are using innovative technology and data to create efficiencies, economic development, and sustainability to enhance the quality of life for people living and working in cities.

Market Segmentation: Digital Spending In Public Safety Market
The digital spending in public safety has been segmented on the basis of component, end user, and region. On the basis of component, the digital spending in public safety market can be segmented into solution and service. The solution segment has been classified into in-vehicle, in-field, in-station, and network communication infrastructure. Furthermore, the in-vehicle sub-segment has been divided into device and system, which includes Light Detection and Ranging (LIDAR), License-plate reader, Global Positioning System (GPS), Automated Vehicle Location (AVL) system, and others. The in-station sub-segment has been categorized into software and system, which includes artificial intelligence, Big Data analytics, video analytics, Business Intelligence System (CBI), Drive Safe Enforcement System, Violation Processing System, and others.
The service segment has been divided into infrastructure service, device service, and cyber security service. In terms of end user, the digital spending in public safety market has been split into homeland security, defense, fire protection security, and legal.

Comments

Post a Comment

Popular posts from this blog

Oil and Gas Terminal Automation Market: To Reflect Impressive Growth Rate By 2019 - 2027

-
  Global  Oil and Gas Terminal Automation Market : Overview A sturdy growth rate, compounded annually, will be recorded in the global oil and gas terminal market, states Transparency market Research (TMR), for the period of 2019 to 2027. It will be driven forward on to a high growth trajectory at the back of a number of growth factors. Some of these are low oil prices and growing demand for natural gas across a number of varied industry verticals. Demand for oil and gas will also be pushed up by growing population for its energy and fuel needs. This in turn will require more exploration, extraction, better storage and robust distribution. And, this again would lead to demand for oil and gas terminal automation. Therefore, the market will be rife with new opportunities of growth in this period. And, as per TMR, the players would do their best to make the most of these. Global Oil and Gas Terminal Automation Market: Competitive Landscape Global oil and gas terminal automation ma...
Read more

Impact Sensing Door Unlock System Market will Generate New Growth Opportunities By 2019 - 2027

-
  Impact Sensing Door Unlock System : Introduction The impact sensing door unlock system unlocks the door automatically without a key, it can be operated through a mobile application. The impact sensing door unlock system consists of sensors and an electronic control unit, wherein the sensors receive a signal from the wireless system and transmits that signal to the electronic control unit. The electronic control unit is wired to the central lock, which in turn unlocks or locks all the doors of the vehicle. Key Drivers of Impact Sensing Door Unlock System Market Rise in demand for safety and security features in a vehicle is estimated to boost the impact sensing door unlock system market. Every vehicle manufacturer is trying to boost the integration of advanced safety features, including center locking system with impact sensing door unlock system that is activated through a mobile application. This in turn is projected to fuel the demand for the impact sensing door unlock system. ...
Read more

Architectural LED Products Market: Size, Analytical Overview, Growth Factors, Demand, Trends And Forecast To 2018 - 2026

-
  Global Architectural LED Products Market: Overview  Safety is one of the key concern in architectural spaces, which is important to recognize the need for acceptable architectural lighting. Proper architectural lighting has a vital role for people occupying the architectural space. Additionally, architectural lighting attracts the person’s attention and enables the architectures for serving its true purpose with enhanced features.  The  architectural LED products market  report involves some of the insightful predictions over the scope of the market and some prospects over growth. The new report from Transparency Market Research (TMR) on the architectural LED products market offers the thorough analysis of market segmentation and involves the past revenue and future forecasts. The report offers numerous key strategies adopted by key players coupled with some prominent trends, which are impacting on the growth. Along with this, it explains important information...
Read more