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IoT for Public Safety Market Demand, Cost Structures, Growth rate and Forecasts to 2026

An extensive study of the product application and services conducted by subject matter experts assessing the market will help product owners to make a wise decision.

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IoT for Public Safety Market Demand, Cost Structures, Growth rate and Forecasts to 2026

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  1. IoT for Public Safety Market To Reach USD 2,621.8 Million By 2026

  2. Market Summary The rise in smart city initiatives across the globe, Incidents of terrorist activities, and the growing incorporation of AI and Ml-based public safety solutions are some of the factors boosting the IoT for Public Safety market. Market Size – USD 1,046.4 Million in 2018, Market Growth - CAGR of 11.2%, Market Trends – The growing incorporation of AI and Ml based public safety solutions.

  3. Our Approach Our Approach Market Summary The global IoT for Public Safety market is forecast to reach USD 2,621.8 Million by 2026, according to a new report by Reports and Data. According to the evaluation of the European Telecommunications Standards Institute, emergency calling, mission-critical communications to protect responder personnel or situational awareness, mission-critical logistics support, public warning systems, and automated emergency response are the five major applications of IoT in public safety. As an instance, at the time of disaster, national or local authorities are needed to alert citizens. In such situations, with the help of IoT devices like connected road displays or billboards, bus stop displays, connected cars, and displays inside busses, citizens in the affected area can be provided with timely and accurate information. Thus with the help of such public warning systems, the damages associated due to the disaster can be significantly controlled. Therefore, IoT has varied areas of application in the domain of public safety, which is boosting the growth of the market. Request for a sample of this research report @ https://www.reportsanddata.com/sample-enquiry-form/2554

  4. Our Approach Our Approach Market Summary Further key findings from the report suggest • The IoT for Public Safety market held a market share of USD 1,046.4 Million in the year 2018 and forecasted to grow at a rate of 11.2% during the forecast period. • In regards to Component, the Platform segment generated the highest revenue of USD 481.4 Million in 2018, with a growth rate of 11.4% during the forecast period. The effectiveness of IoT Platforms in centrally controlling and monitoring every activity that occurs within an organization or a specific area have resulted in its elevated application for public safety and revenue generated by the segment. • In context to Application, the Surveillance and Security segment occupied the largest market share of 40.0% in 2018, with a growth rate of 10.9% during the forecast period. The market share held by the Surveillance and Security segment is attributed to the effectiveness of IoT platforms in gathering data from devices like surveillance cameras, evaluate these data, and disseminate these data to public safety agencies for avoiding emergencies. The mentioned factor have resulted in the elevated application of IoT platforms in surveillance and security. To identify the key trends in the industry, click on the link below: https://www.reportsanddata.com/report-detail/iot-for-public-safety-market

  5. Our Approach Our Approach Market Summary Key participants include Hitachi Vantara, IBM, Microsoft, NEC, Sierra Wireless, Cisco Systems, Nokia Networks, West Corporation, Telit, and Throughtek. For the purpose of this report, Reports and Data have segmented the global IoT for Public Safety market based on Component, Application, End-use, and region: Component Type Outlook (Revenue, USD Million; 2016-2026) Solution Platform Application Management Device Management Network Management

  6. Our Approach Our Approach Market Summary Application Type Outlook (Revenue, USD Million; 2016-2026) Critical Infrastructure Security Emergency Communication and Incident Management Disaster Management Surveillance and Security End-use Type Outlook (Revenue, USD Million; 2016-2026) Smart Utilities Smart Building and Home Automation Homeland Security Smart Transportation Smart Healthcare Smart Manufacturing Others Order Now: https://www.reportsanddata.com/checkout-form/2554

  7. About Us Our Approach Our Approach About Us About Us Reports and Data is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target and analyze consumer behavior shifts across demographics, across industries and help client’s make a smarter business decision. We offer market intelligence studies ensuring relevant and fact-based research across a multiple industries including Healthcare, Technology, Chemicals, Power, and Energy. We consistently update our research offerings to ensure our clients are aware about the latest trends existent in the market. Reports and Data has a strong base of experienced analysts from varied areas of expertise. Contact Us: John Watson Head of Business Development Reports And Data | Web: www.reportsanddata.com Direct Line: +1-212-710-1370 E-mail: sales@reportsanddata.com

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