IoT for Public Safety Trends and Forecast
The future of the global IoT for public safety market looks promising with opportunities in the smart building & home automation, homeland security, smart utility, smart healthcare, smart manufacturing, and smart transportation markets. The global IoT for public safety market is expected to reach an estimated $2.0 billion by 2030 with a CAGR of 13.5% from 2024 to 2030. The major drivers for this market are growing number of smart city initiatives worldwide, expanding use of machine learning and artificial intelligence in public safety, and rising need for remote monitoring and unmanned devices.IoT for Public Safety by Segment
The study includes a forecast for the global IoT for public safety by component, platform, application, end use, and region.IoT for Public Safety Market by Component [Shipment Analysis by Value from 2018 to 2030]:
- Platform
- Solution
- Services
IoT for Public Safety Market by Platform [Shipment Analysis by Value from 2018 to 2030]:
- Device Management
- Application Management
- Network Management
IoT for Public Safety Market by Application [Shipment Analysis by Value from 2018 to 2030]:
- Emergency Communication & Incident Management
- Critical Infrastructure Security
- Surveillance & Security
- Disaster Management
IoT for Public Safety Market by End Use [Shipment Analysis by Value from 2018 to 2030]:
- Smart Building & Home Automation
- Homeland Security
- Smart Utilities
- Smart Healthcare
- Smart Manufacturing
- Smart Transportation
- Others
IoT for Public Safety Market by Region [Shipment Analysis by Value from 2018 to 2030]:
- North America
- Europe
- Asia Pacific
- The Rest of the World
List of IoT for Public Safety Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies IoT for public safety companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base.Some of the IoT for public safety companies profiled in this report include:
- IBM
- Hitachi Vantara
- NEC
- Microsoft
- Cisco Systems
- Nokia Networks
- Sierra Wireless
- Telit
- West Corporation
- ThroughTek
IoT for Public Safety Market Insights
The publisher forecasts that surveillance & security is expected to witness the highest growth over the forecast period.Within this market, smart healthcare is expected to witness the highest growth over the forecast period.
APAC is expected to witness the highest growth over the forecast period.
Features of the Global IoT for Public Safety Market
- Market Size Estimates: Iot for public safety market size estimation in terms of value ($B).
- Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
- Segmentation Analysis: Iot for public safety market size by various segments, such as by component, platform, application, end use, and region in terms of value ($B).
- Regional Analysis: Iot for public safety market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
- Growth Opportunities: Analysis of growth opportunities in different components, platforms, applications, end uses, and regions for the IoT for public safety market.
- Strategic Analysis: This includes M&A, new product development, and competitive landscape of the IoT for public safety market.
- Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q1. What is the IoT for public safety market size?Answer: The global IoT for public safety market is expected to reach an estimated $2.0 billion by 2030.
Q2. What is the growth forecast for IoT for public safety market?
Answer: The global IoT for public safety market is expected to grow with a CAGR of 13.5% from 2024 to 2030.
Q3. What are the major drivers influencing the growth of the IoT for public safety market?
Answer: The major drivers for this market are growing number of smart city initiatives worldwide, expanding use of machine learning and artificial intelligence in public safety, and rising need for remote monitoring and unmanned devices.
Q4. What are the major segments for IoT for public safety market?
Answer: The future of the IoT for public safety market looks promising with opportunities in the smart building & home automation, homeland security, smart utility, smart healthcare, smart manufacturing, and smart transportation markets.
Q5. Who are the key IoT for public safety market companies?
Answer: Some of the key IoT for public safety companies are as follows:
- IBM
- Hitachi Vantara
- NEC
- Microsoft
- Cisco Systems
- Nokia Networks
- Sierra Wireless
- Telit
- West Corporation
- ThroughTek
Answer: The publisher forecasts that surveillance & security is expected to witness the highest growth over the forecast period.
Q7. In IoT for public safety market, which region is expected to be the largest in next 5 years?
Answer: APAC is expected to witness the highest growth over the forecast period.
Q.8 Do we receive customization in this report?
Answer: Yes, the publisher provides 10% customization without any additional cost.
This report answers the following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the IoT for public safety market by component (platform, solution, and services), platform (device management, application management, and network management), application (emergency communication & incident management, critical infrastructure security, surveillance & security, and disaster management), end use (smart building & home automation, homeland security, smart utilities, smart healthcare, smart manufacturing, smart transportation, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
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Table of Contents
1. Executive Summary
2. Global IoT for Public Safety Market : Market Dynamics
3. Market Trends and Forecast Analysis from 2018 to 2030
4. Market Trends and Forecast Analysis by Region from 2018 to 2030
5. Competitor Analysis
6. Growth Opportunities and Strategic Analysis
7. Company Profiles of Leading Players
Companies Mentioned
- IBM
- Hitachi Vantara
- NEC
- Microsoft
- Cisco Systems
- Nokia Networks
- Sierra Wireless
Methodology
The analyst has been in the business of market research and management consulting since 2000 and has published over 600 market intelligence reports in various markets/applications and served over 1,000 clients worldwide. Each study is a culmination of four months of full-time effort performed by the analyst team. The analysts used the following sources for the creation and completion of this valuable report:
- In-depth interviews of the major players in the market
- Detailed secondary research from competitors’ financial statements and published data
- Extensive searches of published works, market, and database information pertaining to industry news, company press releases, and customer intentions
- A compilation of the experiences, judgments, and insights of professionals, who have analyzed and tracked the market over the years.
Extensive research and interviews are conducted in the supply chain of the market to estimate market share, market size, trends, drivers, challenges and forecasts.
Thus, the analyst compiles vast amounts of data from numerous sources, validates the integrity of that data, and performs a comprehensive analysis. The analyst then organizes the data, its findings, and insights into a concise report designed to support the strategic decision-making process.
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