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The Business Research Company segments it’s IoT in public safety market report as:
By Type
Surveillance Systems, Incident Management and Response, Disaster Management, Security Systems
By Component Government and Public Sector, Transportation, Healthcare, Retail, Education, Manufacturing
By End User
ByByApplication ApplicationSoftware, Hardware, Services
The global IoT in public safety market size grew from $2.61 billion in 2022 to $3.05 billion in 2023 at a compound annual growth rate (CAGR) of 17.1%.
The IoT in public safety market size is expected to grow to $5.73 billion in 2027 at a CAGR of 17.1%.
The increasing number of criminal activities is driving the demand for the IoT in the public safety market
Increasing adoption of machine learning (ML) And AI-based public safety solutions is a key trend gaining popularity in the IoT in the public safety market.
North America was the largest region in the IoT in public safety market in 2022. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the IoT in public safety market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa.
Major players in the IoT in public safety market are:
▪ Hitachi Vantara Corporation
▪ NEC Corporation
▪ Microsoft Corporation
▪ Cisco Systems Inc.
▪ Sierra Wireless
▪ And more.
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