Public Safety Analytics Market is Anticipated to Increase at a Stable CAGR over the Forecast Period (2023 to 2029)

The global public safety analytics market is anticipated to grow at a significant CAGR of 25.5% during the forecast period (2023-2030). The growing development of smart cities across the globe is a key contributor to the growth of the global public safety analytics market. Smart cities are equipped with the high-definition video cameras, sound and motion sensors, and an array of IoT devices to monitor a geographic area within the Innovation District to create a multi-channel solution. The solution set also integrates historical data sources, such as crime, weather and social media data. This offers many public safety benefits. For instance, video cameras could scan for a licence plate identified in an AMBER Alert or help locate a missing person.

The integrated solution could detect a vehicle of interest (such as stolen vehicles or vehicles associated with criminal activities) or a vehicle driving in the wrong direction, as well as gunshots, panic screams or breaking glass, assisting and alerting first responders in real time. By leveraging advanced predictive analytics, including machine learning technologies, the system 'learns' normal patterns and detects patterns that are abnormal and promote the administration to take actions based on patterns observed.

In the Las Vegas Innovation District, NTT Smart Solutions are leveraging internet of things (IoT), edge and predictive analytics to improve public safety. The system also monitors specific types of incidents that can be detected through video and sound sensor analytics running on edge compute devices. This can be expanded to detect and alert a wider variety of incident types or configured to interact with new data sources that are based on open standards. The growing adoption of advance public safety analytics in smart cities is a key factor driving the growth of the global public safety analytics market.

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Market Coverage

• The market number available for - 2022-2030

• Base year- 2022

• Forecast period- 2023-2030

Segment Covered-

· By Component

· By Deployment Model

· By Application

Regions Covered-

· North America

· Europe

· Asia-Pacific

· Rest of the World

• Competitive Landscape- including Hexagon AB, IBM Corp. NEC Corp. Hitachi Vantara (Hitachi Ltd), and Verint Systems Inc. among others.

Public Safety Analytics Market Report Segment

By Component

· Software

· Services

By Deployment Model

· Cloud Based

· On-premises

By Application

· Law Enforcement

· Medical

· Firefighting

· Transportation

· Other

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Public Safety Analytics Market Report Segment by Region

North America

· United States

· Canada

Europe

· UK

· Germany

· Spain

· France

· Italy

· Rest of Europe

Asia-Pacific

· India

· China

· Japan

· South Korea

· Rest of APAC

Rest of the World

• Latin America

• Middle East and Africa

Company Profiles

· Atos SE

· CentralSquare Technologies

· Cisco Systems Inc.

· Civika UK Ltd.

· Esri Inc.

· Faro technologies Inc.

· General Dynamics Corp.

· Haystax Technologies Inc.

· Honeywell International Inc.

· L3Harris Technologies Inc.

· Motorola Solutions Inc.

· NICE Systems Ltd.

· Sun Ridge Systems Inc.

· Telefonaktiebolaget LM Ericsson

· Telstra Corporation Ltd.

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