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Public Safety and Security Market Worth 456.56 Billion USD by 2021


News provided by

MarketsandMarkets

11 Nov, 2016, 13:30 GMT

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PUNE, India, November 11, 2016 /PRNewswire/ --

According to a new market research report "Public Safety and Security Market by Solution (Critical Communication Network, Biometric and Authentication System, Surveillance System, Emergency and Disaster Management, Cyber Security), Service, Vertical, and Region - Global Forecast to 2021", published by MarketsandMarkets, the Public Safety and Security Market size is estimated to grow from USD 247.53 Billion in 2016 to USD 456.56 Billion by 2021, at an estimated Compound Annual Growth Rate (CAGR) of 13.0%.         

     (Logo: http://photos.prnewswire.com/prnh/20160303/792302 )

Browse 94 market data tables and 52 figures spread through 215 pages and in-depth TOC on "Public Safety and Security Market - Global Forecast to 2021"

http://www.marketsandmarkets.com/Market-Reports/public-safety-security-market-1024.html
Early buyers will receive 10% customization on this report.

Public safety and security is the first priority of governments across the world to ensure safety of citizens, organizations, and financial institutions. Citizens and enterprises face continuous threats from cybercriminals, natural disasters, and terrorist attacks. This has increased the demand for public safety and security solutions.

Managed services is expected to grow the fastest in the Public Safety and Security Market 

Professional services in Public Safety and Security Market is expected to have the largest market in terms of size, during the forecast period. However, managed services are expected to grow with the highest CAGR form 2016 to 2021 in the Public Safety and Security Market. As cyberattacks and security breaches are increasing, organizations are moving towards specialized security vendors who are able to effectively manage security systems.

Critical communication networks segment to hold the largest market share 

Critical communication networks is expected to have the largest market share and dominate the Public Safety and Security Market from 2016 to 2021, as more and more public and organizations are adopting critical communication networks solutions for better mission-critical communications. Emergency and disaster management is expected to play a key role in changing the public safety and security landscape, and is projected to grow at the highest growth rate during the forecast period, as government and security agencies are highly deploying security solutions for emergency situations.

North America is expected to contribute the largest market share, whereas APAC is expected to grow the fastest 

North America is expected to have the largest market share and dominate the Public Safety and Security Market from 2016to 2021, due to the presence of large number of public safety and security vendors across this region. On the other hand, Asia-Pacific (APAC) offers potential growth opportunities in the Public Safety and Security Market. In APAC, the factors driving the deployment of public safety and security solutions include increasing public safety spending and development of major infrastructure projects in the emerging economies of regions such as China, Australia, and India.

Inquiry before Buying @ http://www.marketsandmarkets.com/Enquiry_Before_Buying.asp?id=1024

Major vendors in the Public Safety and Security Market include Cisco Systems, Inc. (U.S.), NEC Corporation (Japan), Thales Corporation (France), IBM Corporation (U.S.), Honeywell International Inc. (U.S.), Huawei Technologies (China), Northrop Grumman Corporation (U.S.), Alcatel-Lucent (France), AGT International (Switzerland), and ESRI (U.S.).

Browse Related Reports 

Cyber Security Market by Solutions (IAM, Encryption, DLP, UTM, Antivirus/Antimalware, Firewall, IDS/IPS, Disaster Recovery), Services, Security Type, Deployment Mode, Organization Size, Vertical & Region - Global Forecast to 2021
http://www.marketsandmarkets.com/Market-Reports/cyber-security-market-505.html

Physical Security Market by System (Access Control, IP Video Surveillance Software, Locks, PSIM, PID), Services (System Integration, Maintenance & Support, and Designing & Consulting), Vertical, and Region - Global Forecast to 2020

http://www.marketsandmarkets.com/Market-Reports/physical-security-market-1014.html

Know More About our Knowledge Store @ http://www.marketsandmarkets.com/Knowledgestore.asp

About MarketsandMarkets  

MarketsandMarkets is the largest market research firm worldwide in terms of annually published premium market research reports. Serving 1700 global fortune enterprises with more than 1200 premium studies in a year, M&M is catering to a multitude of clients across 8 different industrial verticals. We specialize in consulting assignments and business research across high growth markets, cutting edge technologies and newer applications. Our 850 fulltime analyst and SMEs at MarketsandMarkets are tracking global high growth markets following the "Growth Engagement Model - GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors.

M&M's flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets. The new included chapters on Methodology and Benchmarking presented with high quality analytical infographics in our reports gives complete visibility of how the numbers have been arrived and defend the accuracy of the numbers.

We at MarketsandMarkets are inspired to help our clients grow by providing apt business insight with our huge market intelligence repository.

Contact:
Mr. Rohan
MarketsandMarkets
701 Pike Street,
Suite 2175, Seattle,
WA 98101, United States
Tel: 1-888-600-6441
Email: sales@marketsandmarkets.com



Visit MarketsandMarkets Blog @ http://www.marketsandmarketsblog.com/market-reports/telecom-it
Connect with us on LinkedIn @ http://www.linkedin.com/company/marketsandmarkets

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