Introduction of IoT is revolutionizing the public safety by offering secure and reliable communication to the citizens. As public safety and security is the key responsibility of the governments across the globe. Increasing traffic on roads, rising number of accidents, and growing crime rate has increased the demand for better and advanced public safety tools and measures. Thus, to meet these situations IoT is likely to be installed for public safety that will help in providing better surveillance, communication networks, and help in safeguarding the lives of citizens.
The global IoT for public safety market could be categorized on the basis of the platform, component, services, verticals, and application. Based on types of IoT services, the market is likely to be segmented into consulting services, system integration services, and support and maintenance services.
Homeland security, smart healthcare, smart transportation, smart manufacturing, smart building, and home automation, smart education, and smart retail are expected to be the segments under the vertical category in this market.
Growing number of crimes, cyber-attacks, terrorist attacks, and natural disasters across the globe has increased the need for better and advanced safety solutions where IoT based devices plays a significant role. Various government agencies, organizations, and enterprises are focusing on using advanced technologies to provide better safety for their people and the important information they possess.
By deploying IoT for public safety will help in safeguarding from these attacks and limit the after-effects of natural disasters. Thus, seeing these situations, public across the globe have started demanding effective solutions from their governments, which is likely to increase the demand for IoT for public safety.
However, expensive employment cost and budget restraints could deter the demand for IoT for public safety. If these restraints are minimized, the IoT for public safety is expected to grow significantly in the forthcoming years.
On the basis of geography, the global IoT for public safety market includes North America, the Middle East and Africa, Latin America, Europe, and Asia Pacific. Among these regions, North America projected to dominate the market by holding the larger number of share in the market during the forecast period.
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Moreover, changing trends such as the growing use of IoT in developing smart cities which have made government bodies, public safety agencies, and enterprises understand that the importance of IoT for public safety services and solutions.