Global Public Safety and Security Market is expected to grow at a CAGR of around 38% from 2017 to 2025. Public safety plays a significant role in supporting financial development and ensures prevention and protection from cyber criminals, terrorist attacks and disasters.
Portland, OR -- (SBWIRE) -- 12/27/2017 -- Global Public Safety and Security Market is expected to grow at a CAGR of around 38% from 2017 to 2025. Public safety plays a significant role in supporting financial development and ensures prevention and protection from cyber criminals, terrorist attacks and disasters. It improves quality of life and increase the attractiveness of a location for visitors, because threat of crime is taken as a signal for the lack of safety.
Based on solution, the Public Safety and Security Market is divided into threat detection, surveillance, emergency & safety, access control, cyber threat, disaster management and others. By component, market is segmented into hardware, software and services. According to end-user, it is classified into disaster management department, homeland security and others. Geographic breakdown and deep analysis of each of the aforesaid segments is included for North America, Europe, Asia-Pacific, and LAMEA.
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Unprecedented increase in cyber criminals, terrorist attacks and natural disaster have fueled the demand of public safety and security solutions.
Stringent government regulations related to public safety.
High installation cost of public safety and security solutions.
The top players in the global public safety and security market include Cisco Systems, Inc., NEC Corporation, Thales Corporation, IBM Corporation, Honeywell International Inc., Huawei Technologies, Northrop Grumman Corporation, Alcatel-Lucent, AGT International, and ESRI.
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Emergency & Safety
Disaster Management Department
Rest of Europe
Rest of Asia-Pacific
Rest of LAMEA