40 likes | 49 Views
The global public safety and security market is estimated to garner a revenue of USD 950.0 Billion by the end of 2033 by growing at a CAGR of ~8% over the forecast period, i.e., 2023 u2013 2033
E N D
Global Public Safety and Security Market Growth to be Propelled byIncreasingNumberofSecurityBreachesby CAGRof~8% During 2023 – 2033 Kenneth Research published a report titled “Public Safety and Security Market: Global Demand Analysis & Opportunity Outlook 2033” which delivers detailed overview of the global public safety and security market in terms of market segmentation by organization size, component, vertical,application,and byregion. Further,for thein-depthanalysis, thereportencompasses theindustry growth indicators, restraints, supply and demand risk, along with detailed discussion on current and future market trends that are associated with the growth ofthemarket.
The global public safety and security market is estimated to grow at a CAGR of ~ 8% over the forecast period, i.e., 2022-2031. The market is segmented byapplicationintosurveillance&security,disastermanagement,emergency communication,andothers.Outofthese,thesurveillance &security segment is anticipated to hold the largest share over the forecast period owingto theincreasingsecurity-relatedissuesinvarious publicplaces. Formoreinformation’s@https://www.kennethresearch.com/report- details/global-public-safety-and-security-market/10059603 Growing adoption of IOT devices is anticipated to increase the growth of the global public safety and security market. Moreover, an increasing number of securitybreachesis furtherexpectedtoboostthegrowthofthemarket. Geographically, the global public safety and security market is segmented into five major regions including North America, Europe, Asia Pacific, Latin America and Middle East & Africa region. Out of them, the market in the Asia-Pacific region is anticipated to have the fastest growth over the forecast period owing to rising criminal activity, illegitimate migration, and cross- border violence. The research is global in nature and covers detailed analysis on the market in North America (U.S., Canada), Europe (U.K., Germany, France, Italy, Spain, Hungary, Belgium, Netherlands & Luxembourg, NORDIC [Finland, Sweden, Norway, Denmark], Poland, Turkey, Russia, Rest of Europe), Latin America (Brazil,Mexico,Argentina, Rest of Latin America), Asia-Pacific (China,India,Japan,SouthKorea, Indonesia,Singapore,Malaysia, Australia,NewZealand,RestofAsia-Pacific),MiddleEastandAfrica(Israel, GCC [Saudi Arabia, UAE, Bahrain, Kuwait, Qatar, Oman], North Africa, SouthAfrica,RestofMiddleEastandAfrica).Inaddition,analysis
comprising marketsize,Y-O-Ygrowth&opportunity analysis,market players’competitivestudy,investmentopportunities,demandforfuture outlooketc.hasalsobeencovered anddisplayed in theresearchreport. RisingAwarenessforSafetyandSecuritytoDrivetheGrowthof the Market Approximately 775 Million surveillance cameras were installed around the globein theyear 2019 Public safety and security are considered important for the well-being of the community andeconomicdevelopment.Moreover, governmentare supportingnewtechnologies andinfrastructure inordertodetectthe activities in real-time. Therefore, it is projected to surge the growth of the globalpublic safety and securitymarket. However,highcostfortheinstallationofthesafetyandsecuritysystem,lack of proper storage infrastructure, and scarcity of trained employees expected to operate as key restraint to the growth of global public safety and security marketovertheforecast period. Thisreportalsoprovidestheexistingcompetitivescenarioofsomeofthekey playersoftheglobalpublicsafetyandsecuritymarketwhichincludes company profiling of IBM Corporation, Huawei Technologies Co., Ltd., NEC Corporation, Cisco Systems, Inc., Siemens Aktiengesellschaft, Thales Group, HoneywellInternationalInc.,HexagonAB,TelefonaktiebolagetLM Ericsson, L3Harris Technologies, Inc., and others. The profiling enfolds key informationof thecompanieswhichencompassesbusinessoverview, productsandservices,keyfinancialsandrecentnewsanddevelopments.On thewhole,thereportdepictsdetailedoverviewoftheglobalpublicsafetyand
security marketthatwillhelpindustryconsultants,equipment manufacturers, existing players searching for expansion opportunities, new players searching possibilities and other stakeholders to align their market centricstrategiesaccordingtotheongoingandexpectedtrendsinthefuture. RequestReportSample@https://www.kennethresearch.com/sample- request-10059603 Kenneth Research is a leading service provider for strategic market research and consulting. We aim to provide unbiased, unparalleled market insights and industry analysis to help industries, conglomerates and executives to takewisedecisionsfor theirfuturemarketing strategy,expansionand investment etc. We believe every business can expand to its new horizon, providedarightguidanceatarighttimeisavailablethroughstrategicminds. Our out of box thinking helps our clients to take wise decision in order to avoidfutureuncertainties. ContactformoreInfo: AJDaniel Email: sales@kennethresearch.com U.S. Phone:+1 313462 0609