Revenues from Public Safety and Security Market to top $532.39 Billion by 2022 Public Safety and Security Market report provides an extraordinary analysis for evaluating the market, highlighting opportunities and supporting strategic and skilful decision-making. According to a new market research report "Public Safety and Security Market by Solution (Critical Communication Network, Biometric & Authentication System, Surveillance System, Emergency & Disaster Management, Cyber Security), Service, Vertical, and Region - Global Forecast to 2022", published by MarketsandMarkets™, the Public Safety and Security Market expected to grow from USD 277.02 Billion in 2017 to USD 532.39 Billion by 2022, at a Compound Annual Growth Rate (CAGR) of 14.0% during the forecast period. Browse in-depth TOC on "Public Safety and Security Market" 94- Tables 41- Figures 160- Pages The major forces driving the Public Safety and Security Market are smart city initiatives, growing trend of IoT, and rise in criminal activities and terrorist attacks Many local law enforcement and government agencies are adopting the advanced public safety and security solutions to minimize the risk and to secure the public and private sectors from terrorist attacks and natural calamities. Thus, the adoption of public safety and security is expected to be high among various verticals across the globe. Security vendors provide various public safety and security solutions, such as critical communication network, C2/C4ISR system, biometric security and authentication system, surveillance system, scanning and screening system, emergency and disaster management, cyber security, public address and general alarm, and backup and recovery system. As the frequency of cross border terrorist attacks on enterprises is growing, the market is expected to gain traction over the next 5 years. Request Report Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=1024 Critical communication network solutions segment is estimated to hold the largest market share in the Public Safety and Security Market in 2017 Public and private organizations are adopting the critical communication network solutions for better missioncritical communications. The segment is estimated to hold the largest market share and dominate the Public Safety and Security Market from 2017 to 2022. Communication networks in the various sectors such as homeland security, transportation systems, and emergency systems are critical to the operation of the system and have strict requirements for consistency and safety. The transportation system vertical is expected to grow at the highest CAGR in the Public Safety and Security Market The homeland security vertical is expected to hold to the largest market share in the Public Safety and Security Market. There has been a strong adoption of advanced security technologies in the government and law enforcement agencies in the recent years. Due to increasing criminal activities and terrorist attacks, law enforcement and government agencies are adopting advanced public safety and security technologies. The transportation system vertical is expected to grow at the highest CAGR in the Public Safety and Security Market during the forecast period. North America is expected to hold the largest market share, whereas APAC is projected to grow at the highest CAGR North America is expected to hold the largest market share and dominate the Public Safety and Security Market from 2017 to 2022, due to the high number of early technology adopters in this region. Specific budget allocations and mandated public safety and security policies are expected to make North America the most lucrative region for vendors.
Revenues from Public Safety and Security Market to top $532.39 Billion by 2022
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