Data Bridge Market Research recently published a market study on the Public Safety and Security Market. The study provides detailed assessment on key market dynamics, including the drivers, trends, opportunities & restraints, and detailed information about the market structure. The Public Safety and Security Market study presents exclusive information about how the market will grow during the forecast period.
Global public safety and security market is set to witness a healthy CAGR of 15.50% in the forecast period of 2019 to 2026. The report contains data of the base year 2018 and historic year 2017.
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Market Definition: Global Public Safety and Security Market
Public safety and security are the various steps and initiatives taken by the government globally to protect their people from various activities like cyberattack, terrorism, natural disasters, frauds, smuggling. The government collaborates with various private organizations to ensure public safety. It is widely applicable in emergency services, homeland services, and firefighting services
Top Manufacturers Covered in the Report:
Few of the major competitors currently working in the global public safety and security market are Cisco Systems. Inc., IBM, NEC Technologies India Private Limited, Thales Group, Honeywell International Inc., AGT International GmbH, Nokia, ESRI, Northrop Grumman Corporation, General Dynamics Corporation, Harris Corporation, Huawei Technologies Co. Ltd., HEXAGON, Motorola Solutions Inc., Telefonaktiebolaget LM Ericsson, Paessler AG, ALE International, Siemens, Raytheon Company, Qualcomm Technologies Inc., Kratos Defense & Security Solutions Inc., Hitachi Ltd., Ferranti Technologies among others.
Global public safety and security market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of public safety and security market for Global, Europe, North America, Asia-Pacific, South America and Middle East and Africa.
Some of the key questions answered in this report:
- Detailed Overview of Public Safety and Security Market helps deliver clients and businesses making strategies.
- Influential factors that are thriving demand and constraints in the market.
- What is the market concentration? Is it fragmented or highly concentrated?
- What trends, challenges and barriers will impact the development and sizing of Public Safety and Security Market?
- SWOT Analysis of each key players mentioned along with its company profile with the help of Porter’s five forces tool mechanism to compliment the same.
- What growth momentum or acceleration market carries during the forecast period?
Key Developments in the Market:
- In March 2019, General Dynamics Information Technology declared a new contract for their support in full range of IT Support services from Defense reduction agency. This will expand the offering of General dynamics information technology. The offerings will include chemical, biological, radiological, nuclear, and high yield explosives threat technologies, situational awareness, simulation, data fusion and analytics
- In June 2018, Harris Corporation received contracts worth $26 million for upgrading critical communications devices of U.S. Customs and Border Protection. The company will supply its world class leading and most advance digital handheld radio technology XL-200P. The radios are integrated with the most advance features like active noise cancellation, Bluetooth and GPS
Why Choose Public Safety and Security Market Report?
Public Safety and Security Market Report follows a multi- disciplinary approach to extract information about various industries. Our analysts perform thorough primary and secondary research to gather data associated with the market. With modern industrial and digitalization tools, we provide avant-garde business ideas to our clients.
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