Technology

Need For Stronger Security Measures Accelerating The Growth Of Global IoT For Public Safety Market

Global IoT for Public Safety Market expected to reach approximately USD 2,772 million by 2025, at a CAGR of slightly above 15.83% between 2019 and 2025

The global IoT for public safety market size is anticipated to grow significantly in the future owing to the emergence of IoT (Internet of Things) as a feasible option for protecting public interests. The surge noted in crime rates is expected to trigger the need for stronger security measures and IoT can have a major role due to developments in video surveillance systems. Looming public safety menaces in the midst of augmenting prevalence of terrorism & vandalism are expected to drive the demand in the future. Administrative efforts in creating smart city projects for protecting citizen lives can be beneficial for the market. Incorporation of AI (artificial intelligence) and ML (machine learning) in government departments to build up intelligence faster can be constructive for the market in the future.

A wide-ranging compilation of IoT technologies has resulted in vast inroads into consumer & enterprise markets in the last few years. The end users have been leveraging the potential within connected devices for several objectives diverse applications areas globally. Industrial players have ventured into public safety & disaster response systems. The administrative and regulatory agencies in several countries designated with ensuring public safety are ever more utilizing IoT-enabled devices. The technologies facilitate them to use situational, environmental, and contextual awareness information from smart connected devices to fulfill their operational needs & gain optimal cost reduction. The utilization of IoT also allows agencies to strengthen asset management capabilities and enhance staff safety. For example, first responders in emergencies might utilize IoT to decrease the response time and prevail over infrastructural limitations to enhance their services. The rising popularity of M2M (machine-to-machine) communication technologies is also advancing the market.

The augmenting use of M2M technologies and IoT in communication networks, surveillance systems, and biometric & authentication systems are impelling the growth of the global IoT for public safety market. The development in IoT platforms mainly with regard to the safety & security of smart devices has been supporting new and exciting avenues in the market. The introduction of incorporated IoT platforms has opened lucrative opportunities in the market.

Get Sample of this Research Report for more Industry Insights – https://www.zionmarketresearch.com/sample/iot-for-public-safety-market

In addition, modernized communication networks—like telecom networks—establish a solid foundation for new product launches in the global IoT for public safety market. Nevertheless, the uptake is restricted owing to the low level of awareness. IoT-supported platforms & services have amassed some steam among police, emergency medical, and fire services in developed nations. They are bolstering from the introduction of affordable wireless solutions. Also, there is surging demand for such IoT solutions amongst law enforcement bureaus for tracking non-violent offenders, juveniles, and pre-trial detainees.

The rising number of terrorist attacks—mainly in public places—and increasing number of natural calamities—particularly floods—are aspects propelling the demand for IoT technologies in emerging & emerged countries. The rising implementation of IoT as one of the major frameworks for smart cities in many countries is fueling the growth of market. On a similar note, Nortek announced the attainment of IntelliVision in May 2018. This acquirement will assist the company to build an IoT bridge that will connect the residential, retail, commercials, and public safety sector.

Tags

Related Articles

Leave a Reply

Your email address will not be published. Required fields are marked *

Close