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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Market Dynamics:
Drivers:
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.
Restraints:
High installation cost of public safety and security solutions.
Market Players:
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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MARKET LANDSCAPE
By Solution
Threat Detection
Surveillance
Emergency & Safety
Access Control
Cyber Threat
Disaster Management
Others
By Component
Hardware
Software
Services
By End-user
Disaster Management Department
Homeland Security
Others
By Geography
North America
U.S.
Canada
Mexico
Europe
UK
Germany
France
Spain
Italy
Rest of Europe
Asia-Pacific
China
Japan
India
Australia
South Korea
Rest of Asia-Pacific
LAMEA
Brazil
Saudi Arabia
South Africa
Rest of LAMEA
