Public safety refers to the protection of society (people and communities), the economy, and critical infrastructure. Traditional public safety systems comprise stakeholders, such as the law enforcement agencies, government depa ....see more
MarketsandMarkets forecasts that the next generation emergency response system market size is projected to USD 3.3 billion by 2028, at a CAGR of 7.0% during the forecast period. The next generation emergency response system market comprises major providers, such as Motorola Solutions (US), AT&T (US), Intrado (US), Hexagon (Sweden), Esri (US), Sinch (Sweden), Atos (France), Comtech (US), Zetron (US), Everbridge (US), Avaya (US), Cisco (US), RapidSOS (US), NGA (India), Convey 911 (US), Boost Pro Systems (UK), Simoco Wireless Solutions (UK), SEON Group (Germany), Carbyne (US), RapidDeploy (US). To increase their market share in the next generation emergency response system industry, these competitors have used various growth methods, including partnerships, agreements, collaborations, new product releases & enhancements, and acquisitions.
The global physical security market size is projected to reach USD 136.9 billion by 2028 at a Compound Annual Growth Rate (CAGR) of 4.4% during the forecast period. Johnson Controls (Ireland), Bosch Building Technology (Germany), Honeywell (US), ADT (US), Cisco (US), Telus (Canada), Wesco (US), Genetec (Canada), HID Global (US), Pelco (US), Hikvision (China), Gallagher (New Zealand), Secom (Japan), Allied Universal (US), Zhejiang Dahua Technology (China), Axis communications (Sweden), Hanwha Vision America (US), Teledyne FLIR (US), Hexagon AB (Sweden), General Dynamics (US), BAE Systems (UK), Huawei (China), NEC (Japan), Qognify (US), SmartCone Technology (Canada), Verkada (US), IOTAS (US), Cloudastructure (US) are the key players and other players in the physical security market.
The geofencing market accounted for USD 458.3 Million in 2016 ¬¬and is projected to reach USD 1,825.3 Million by 2022, at a Compound Annual Growth Rate (CAGR) of 27.5% during the forecast period. The major vendors in the geofencing market include Simpli.fi (US), Embitel (India) Thumbvista (US), Pulsate(US), Mobinius Technologies (India), Esri (US), Bluedot Innovation (US), GeoMoby (Australia), GPSWOX (UK), Apple (US), Localytics (US), MAPCITE (UK), Swirl Networks (US), DreamOrbit (India), Factual (US), InVisage (US), LocationSmart(US), MAPCITE(UK), Maven Systems (India), MobiOcean (India), Nisos Technologies(US), Urban Airship (US), plot projects (Netherlands), Raveon Technologies(US), and SuccorfishM2M (UK).
The global emergency beacon transmitter market is expected to grow from USD 133.3 Million in 2015 to USD 175.4 Million by 2020, at a CAGR of 5.6% from 2015 to 2020. Emergency beacon transmitters are tracking devices that assist in the detection and location of boats, aircraft, and people in distress. When the transmitter is activated, the beacon emits a distress signal, and simultaneously the location of such signals is detected by non-geostationary satellites. This information acquired is passed on to the search & rescue authorities to locate survivors.