In the recent trend, with the growing urbanization the crime rates has grown majorly in the metropolitan cities. So to lower the crime rates and decreasing the occurrence of fraudulent, many cities are attempting to harness the power of the Internet of Things to combat the criminals. Moreover, to enhancing the manner of police recognize and then respond to crime, Internet of Things solutions can also stop illegal performances from occurring in the first place. Furthermore, there are several key players in this market for playing an important role while improving the application of the Internet of Things and decreasing the threats and helping in make the informed decisions related to the public safety which further proved to be benefitted for leading the fastest market growth and attaining the high value of market share in the Middle East and Africa region in the coming years more significantly.
According to the report analysis, Middle East and Africa IoT for Public Safety Market Industry Trends and Forecast to 2026’ states that there are several key players which are recently functioning in this market more enormously for leading the fastest market growth and dominating the high value of market share in the Middle East and Africa while employing the skilled staff for the public safety, developing the specification of technology for maintaining and warehousing the huge unstructured data more effectively and several other includes Hitachi Vantara Corporation, Microsoft, IBM, NEC Corporation, Through Tek Co., Ltd, Iskratel, Securens, Smart Cone Technologies Inc., KOVA Corporation, ESRI, Cradlepoint, Inc., ENDEAVOUR TECHNOLOGY, X-Systems, West Corporation, Carbyne, Star Controls, Inc., Cisco Systems, Inc., Sierra Wireless, Telit, Nokia and several others. Moreover, many of the large enterprises in this market are winding up with the small enterprises for increasing the amount of profit and lead the market growth more positively in the short span of time more actively.
Middle East and Africa IOT (Internet of Things) for public safety market is estimated to reach a CAGR of 12.6% in the forecast period of 2019 to 2026. In addition, the market of IOT for public safety in the Middle East and Africa is segmented into different sectors which majorly involves application, region, end user and component. Whereas, based on the component, the market is sub-divided into Solutions, Platform and Service meanwhile, solutions segment is increasing more positively at the highest CAGR due to increased aim of regulatory authority in pertaining IoT public safety solutions in verticals such as manufacturing, smart city, connected medicals and others. Although, on the basis of end user, the market is split into Industrial IoT, Connected Healthcare, Smart Transportation, Smart Utilities, Smart Building and Home Automation, Homeland Security and several others. However, the smart building and home automation segment is rising more significantly at the highest CAGR owing to significant rise in the adoption of advance safety IoT technologies in verticals such as manufacturing, oil& gas and others. Therefore, in the near future, it is expected that the market of Internet of Things (IoT) for public safety will increase in the Middle East and Africa more positively over the forecasted period.
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Ankur Gupta, Head Marketing & Communications