IoT in Public Safety Market Key Highlights:
- Market Size (2024): USD 960 Million
- Projected Market Size (2034): USD 3,007 Million
- CAGR (2023-2034): 12.1%
Pricing Analysis:
- Price Growth
- Regional Variations
Market Historic Sales
- Total sales volume, year-over-year growth, product categories, and market share.
Revenue Estimation
- Forecasting future revenues based on historical data, market trends, and economic indicators.
Sales by Region
- Breakdown of sales performance across different geographical areas.
Revenue by Manufacturer
- Analysis of revenue contributions from different manufacturers in the market.
IoT in Public Safety Market Definition
IoT in the public safety market includes data security management support and public safety and security management for those involved in responding to emergencies, accidents, vehicles, and natural disasters. This market is growing because IoT technology can potentially increase the effectiveness of all public safety by connecting smart devices and collecting, processing, and distributing data from them. The information obtained instantly can be used to make timely decisions and effectively respond to any threat. Governments in established economies are investing heavily in technology. The United States federal government should create an instantly accessible stockpile of public safety IoT devices, and NIST's Internet of Things Cybersecurity Program should promote standards, guidance, and related tools to improve the security of IoT systems and components and the environments in which they are deployed for public safety.
As demand for IoT in public safety market continues growing, IoT technology can help disseminate emergency notifications to the public and enable public addresses, mobile apps, and even smart home devices. These systems provide important messages, including weather alerts, evacuation notifications, and safety instructions during natural disasters, accidents, or other emergencies. For example, Honeywell has expanded the capabilities of the smart city through its City Suite platform. The platform aggregates data on traffic, environment, parking, emergency services, safety, security, and other applications, as well as energy consumption.
IoT in Public Safety Market Segmentation:
By Type
- Platform
- Solution
- Services
By Application
- Disaster Management
- Emergency Communication & Incident Management
- Critical Infrastructure Security
- Surveillance & Security
IoT in Public Safety Market Companies:
- Hitachi Vantara
- NEC
- Cisco Systems
- IBM
- Nokia Networks
- Sierra Wireless
- Telit
- West Corporation
- Microsoft Corporation
- Intellivision
- Iskratel
- X-Systems
- Tibbo Systems
- Star Controls
- Yardarm Technologies.
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