The global IoT for Public Safety market is forecast to reach USD 2,621.8 Million by 2026, according to a new report by Reports and Data. According to the evaluation of the European Telecommunications Standards Institute, emergency calling, mission-critical communications to protect responder personnel or situational awareness, mission-critical logistics support, public warning systems, and automated emergency response are the five major applications of IoT in public safety.

As an instance, at the time of disaster, national or local authorities are needed to alert citizens. In such situations, with the help of IoT devices like connected road displays or billboards, bus stop displays, connected cars, and displays inside busses, citizens in the affected area can be provided with timely and accurate information. Thus with the help of such public warning systems, the damages associated due to the disaster can be significantly controlled. Therefore, IoT has varied areas of application in the domain of public safety, which is boosting the growth of the market.

In regards to region, Europe is observed to occupy a prominent market position. Factors like the rise in natural calamities in this region and the effectiveness of this system in identifying the threat of any calamity with the help of climate detection sensors and manage the situation effectively with the help of response solutions have resulted in its growing application in this region.   

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Key participants include Hitachi Vantara, IBM, Microsoft, NEC, Sierra Wireless, Cisco Systems, Nokia Networks, West Corporation, Telit, and Throughtek.

For the purpose of this report, Reports and Data have segmented the global IoT for Public Safety market based on Component, Application, End-use, and region:

Component Type Outlook (Revenue, USD Million; 2016-2026)

Solution

Platform

Application Management

Device Management

Network Management

Services

Consulting Services

System Integration Services

Support and Maintenance Services

Application Type Outlook (Revenue, USD Million; 2016-2026)

Critical Infrastructure Security

Emergency Communication and Incident Management

Disaster Management

Surveillance and Security

End-use Type Outlook (Revenue, USD Million; 2016-2026)

Smart Utilities

Smart Building and Home Automation

Homeland Security

Smart Transportation

Smart Healthcare

Smart Manufacturing

Others

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Key Coverage of the Report:

Detailed scrutiny of the latest market trends, including drivers, opportunities, threats, constraints, challenges, and future investment prospects

Market segmentation by deployment type, authentication type, component, organization size, industry vertical

Regional and country-wise market size estimation for the forecast period (2019-2027)

Pricing strategies of the regional market players

Demand & supply gap analysis

Competitive landscape analysis

Market share analysis of the top market players

Strategic recommendations for new market entrants

Company profiling of the leading market players

Brief summary of the key strategies, financial positions, and recent developments of the leading companies

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Tags: IoT for Public Safety Market 2020, IoT for Public Safety Market, IoT for Public Safety Market Trends, IoT for Public Safety Market Share, IoT for Public Safety Market Size, IoT for Public Safety Market Forecast

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Contact Information:

John Watson
Head of Business Development
Direct Line: +1-212-710-1370
E-mail: sales@reportsanddata.com
Reports and Data | Web: www.reportsanddata.com
News: www.reportsanddata.com/market-news
Connect with us: Facebook | LinkedIn | Twitter