New York, May 23, 2018: The Public Safety Analytics Market is segmented on the lines of its component, analytics type, application, deployment, industry vertical and regional. Based on component is segmented into solution and service. Based on analytics type is segmented into Predictive analytics, Prescriptive analytics and Descriptive analytics. Based on application is segmented into Pattern Recognition, Incident detection, Person of Interest Screening and Surveillance. Based on deployment is segmented into On-premises and Hosted. Based on vertical is segmented into Law Enforcement and Intelligence Agencies, Border Control (Land, Sea, and Air), Public Transportation Security, Critical Infrastructure Security and Others.

    The scope of the report includes a detailed study of Public Safety Analytics Market with the reasons given for variations in the growth of the industry in certain regions.

    The Public Safety Analytics Market is expected to exceed more than US$ 12.45 Billion by 2024 at a CAGR of 17% in the given forecast period.

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    The major driving factors of Public Safety Analytics Market are as follows:

    • Rising Investments in Smart City Initiatives
    • Growing Adoption of IoT and Connected Devices for Public Safety

    The major restraining factors of Public Safety Analytics Market are as follows:

    • Budget Constraints in Adopting Public Safety Analytics Services

    The major opportunities factor of Public Safety Analytics Market are as follows:

    • Proliferation of Hosted Public Safety Analytics Solutions and Services
    • Introduction of ML/AI-Based Public Safety Solutions and Services

    The major challenges factor of Public Safety Analytics Market are as follows:

    • Lack of Awareness of Public Safety Analytics Solutions and Services

    The Public Safety Analytics Market has been segmented as below:

    By component:

    • Solutions
    • Services

    By Analytics Type:

    • Predictive analytics
    • Prescriptive analytics
    • Descriptive analytics

    By Application:

    • Pattern Recognition
    • Incident detection
    • Person of Interest Screening
    • Surveillance

    By Deployment:

    • On-premises
    • Hosted

    By Vertical:

    • Law Enforcement and Intelligence Agencies
    • Border Control (Land, Sea, and Air)
    • Public Transportation Security
    • Critical Infrastructure Security
    • Others (manufacturing and emergency services)

    This report provides:

    1) An overview of the global market for Public Safety Analytics Market and related technologies.
    2) Analyses of global market trends, with data from 2015, estimates for 2016 and 2017, and projections of compound annual growth rates (CAGRs) through 2024.
    3) Identifications of new market opportunities and targeted promotional plans for Public Safety Analytics Market

    4) Discussion of research and development, and the demand for new products and new applications.
    5) Comprehensive company profiles of major players in the industry.

    Report scope:

    The report covers detailed competitive outlook including the market share and company profiles of the key participants operating in the global market. Key players profiled in the report Hexagon, IBM, Cisco, NEC, SAP, ESRI, SAS, Nice Systems, Splunk and Verint Systems. Company profile includes assign such as company summary, financial summary, business strategy and planning, SWOT analysis and current developments.

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    1) Obtain the most up to date information available on all Public Safety Analytics Market.

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    Table of Contents

    1. Introduction
    2. Research Methodology
    3. Summary with Insights
    4. Market Overview
    5. Public Safety Analytics Market Analysis, By Component
    6. Public Safety Analytics Market Analysis, By Analytics Type
    7. Public Safety Analytics Market Analysis, By Application
    8. Public Safety Analytics Market Analysis, By Deployment Mode
    9. Public Safety Analytics Market Analysis, By Vertical
    10. Competitive Overview
    11. Company Profiles

    11.1    Hexagon

    11.2    IBM

    11.3    Cisco

    11.4    NEC

    11.5    SAP

    11.6    ESRI

    11.7    SAS

    11.8    Nice Systems

    11.9    Splunk

    11.10    Verint Systems

     

     

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    Source:http://www.financeswire.com/public-safety-analytics-market-is-expected-to-be-worth-us-12-50-billion-by-2024