Internet of Things for Public Safety Market Revenue, Growth, Restraints, Trends, Company Profiles, Forecast 2028

The global IoT for Public Safety Market is forecasted to grow at a rate of 11.00% from USD 1,349.7 Million in 2020 to USD 3,167.5 Million in 2028.

Reports and Data has recently published a novel report on global Internet of Things for Public Safety market based on current market dynamics along with in depth information about industry aspects, and emerging and existing market trends throughout the forecast period of 2021 to 2028. a comprehensive assessment on market trends, market growth, drivers, restraints, growth opportunities and challenges.

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Market Dynamics:

The global Internet of Things for Public Safety market is rapidly expanding in terms of revenue in 2020 and is expected to register significant robust revenue CAGR during the forecast period, 2021 and 2028 according to a novel report published by Reports and Data. The information and communication industry is rapidly growing over the recent past. This can be attributed to factors such as rapid advancements in ICT sector, rising concerns regarding data breaching in MNCs, hospitals, and other sectors, increasing adoption of cloud services, Internet of Things (IoT), and digitalization, and high penetration of smart devices such as laptops, smartphones, tablets, computers, and internet services. Other factors such as increasing demand for advanced solutions to manage large data,  

Competitive Landscape:

The global Internet of Things for Public Safety market is quite competitive and includes players of several regional and global market. The report offers precise information about each market player including global position, financial standing, license agreement and product portfolio. These key players are focused on developing advanced software and security technologies, and adopting strategies such as mergers and acquisitions, partnerships, RD investments, collaborations and product launch to retain their market position and strengthen product portfolio.

Companies considered and profiled in Internet of Things for Public Safety market study

Cisco systems, Nokia Networks, IBM, NEC, Sierra Wireless, Hitachi Vantana, West Corporation, Telit, Throughtek have been profiled in the report. They are the major manufacturers of the product.

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Furthermore, the report offers insights of the market segments based on product type, applications, end users, and geographical bifurcations.

Segments Covered in the report:

Outlook Components (Revenue, USD Billion; 2020-2028)

  • Infrastructure
    • Two-way Wireless Communication
    • Public Safety Broadband Network
    • Private/Commercial Mobile Data
    • Device-to-Device Communication
  • Services
    • Consulting Services
    • Integration and Installation Services
    • Maintenance and Support Services

Application Outlook (Revenue, USD Billion; 2020-2028)

  • Critical Infrastructure Security
  • Emergency Communication and Incident Management
  • Disaster Management
  • Surveillance and Security

End-Use Outlook (Revenue, USD Billion; 2020-2028)

  • Smart Utilities
  • Smart Building Home Automation
  • Homeland Security
  • Smart Transportation
  • Smart Healthcare
  • Smart Manufacturing
  • Others

Internet of Things for Public Safety Market segmentation by Region:

  • North America (US, Canada, Mexico)
  • Europe (Germany, UK, Italy, France, BENELUX, Rest of Europe)
  • Asia Pacific (India, China, Japan, South Korea, Rest of APAC)
  • Latin America (Brazil, Argentina, Rest of Latin America)
  • Middle East Africa (Saudi Arabia, South Africa, UAE, Rest of MEA)

Key Questions Addressed In the Report:

  • What is the expected market size of the global Internet of Things for Public Safety market during the forecast period?
  • What CAGR is the global market expected to register between 2021 and 2028?
  • Which regional market is expected to register rapid CAGR throughout the forecast period?
  • Which key factors are expected to boost global market growth during the forecast period?
  • What are the key restraints that are expected to hamper global market growth?
  • Which key players are operating the global Internet of Things for Public Safety market?
  • What are the key outcomes of Porter’s Five Force analysis?

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