Public Safety Software Market Strategies 2020-2030
The public safety software market is projected to grow from US$ 16.37 billion in 2022 to US$ 36.47 billion by 2030; it is expected to expand at a CAGR of 10.5% from 2022 to 2030. The emergence of Artificial Intelligence (AI) in public safety is anticipated to be a key trend in the market.
Public Safety Software Market Analysis
In a period of rapid technology breakthroughs and dynamic dangers, government agencies responsible for public safety are adopting tools to efficiently carry out their mission. Public safety software solutions provide a comprehensive set of tools and capabilities that enable agencies to respond quickly, communicate effectively, and make informed decisions based on data insights. In today's rapidly changing world, preserving public safety is critical for all government entities worldwide. From law enforcement to emergency services, the demand for efficient and effective instruments to manage public safety has never been higher. This is where public safety software solutions come in, offering critical tools and resources to assist government agencies in their mission to protect and serve communities. Thus, the demand for public safety software is expected to grow during the forecast period.
Public Safety Software Market Industry Overview
Public safety software solutions include a wide range of tools and technology meant to optimize operations, improve communication, and increase decision-making for government organizations charged with ensuring public safety. Public safety solutions include mobile police software solutions, record management solutions, jail management solutions, computer-aided dispatch solutions, incident management solutions, court management solutions, and others. As evidenced by the data and statistics given, these software solutions not only increase operational efficiency and resource allocation but also lead to safer communities and greater public trust.
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Public Safety Software Market: Strategic Insights
Market Size Value in US$ 16.37 billion in 2022 Market Size Value by US$ 36.47 billion by 2030 Growth rate CAGR of 10.5% from 2022 to 2030 Forecast Period 2022-2030 Base Year 2022
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Public Safety Software Market: Strategic Insights
| Market Size Value in | US$ 16.37 billion in 2022 |
| Market Size Value by | US$ 36.47 billion by 2030 |
| Growth rate | CAGR of 10.5% from 2022 to 2030 |
| Forecast Period | 2022-2030 |
| Base Year | 2022 |
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Public Safety Software Market Driver and Opportunities
Growing Adoption in Law Enforcement to Obtain Real-Time Information to Favor Market Growth
The use of public safety software in law enforcement has steadily increased in recent years. In October 2023, public safety organizations in California, Colorado, Minnesota, and Texas chose Oracle for local governments' public safety hardware and software suite to boost efficiency and real-time situational awareness. Oracle public safety services platform for law enforcement and first responders is intended to eliminate data silos, reduce busy human work, and provide first responders with real-time information to help them make more objective judgments. Further, real-time crime centers and emergency communications centers/emergency operations centers are expected to bring new public safety software market trends in the coming years. Thus, the demand for public safety software is expected to grow during the forecast period.
Increasing Incidences of Data Breaches
The increasing crime rates and terrorist activities have raised worries about the safety and security of assets, people, and systems. For instance, according to the Interstate Technology and Regulatory Council (ITRC), the 3,205 compromising incidents in 2023 include 25 data exposures, 3,122 breaches of data, two data leaks, and 56 compromises of an unknown nature. These rising attacks have resulted in the loss of multiple lives and significant damage to infrastructure, emphasizing the necessity for public safety and security solutions. The rise of organized crime has posed a danger to national and international security. Thus, the demand for public safety software is expected to grow during the forecast period.
Public Safety Software Market Report Segmentation Analysis
The key segments that contributed to the derivation of the public safety software market analysis are deployment type, solution type, and end users.
- Based on deployment type, the market is segmented into on-premises and cloud.
- based on solution type, the market is segmented into computer-aided dispatch solutions, record management solutions, mobile police software solutions, incident management solutions, jail management solutions, court management solutions, and others.
- Based on end users, the market is segmented into law enforcement agencies, fire departments, courts, prosecutors, and others.
Public Safety Software Market Share Analysis By Geography
Based on region, the market is segmented into North America, Europe, Asia Pacific, Middle East & Africa, and South & Central America.
In terms of revenue, North America dominated the global public safety software market. The market in this region is segmented into the US, Canada, and Mexico. The market in North America experiences strong and steady growth. A strong economy and government support result in a widescale adoption of high-tech products, hardware, software, and other components across several industries in the US. The public safety software market growth in North America is driven by factors such as increased demand for strategies for efficient crime prevention and reduction, demanding sophisticated solutions. A majority of safe city initiatives in North America are implemented in the US. The deployment of law enforcement software solutions as counter-terrorism measures accounts for a significant share of the federal funding for these initiatives.
The demand for more affordable, better, and safer fragmented security systems has led to a rise in the use of public safety software solutions. Governments and law enforcement agencies in North America are looking for technology solutions to improve public safety and combat crime. They are adopting data-driven policing and predictive analytics. Data analytics solutions allow them to forecast crime patterns and allocate resources more effectively. However, ethical considerations and potential challenges need to be considered to ensure responsible and equitable use of public safety software solutions. The US holds a substantial public safety software market share. An upsurge in crime incidents and terrorist attacks in the country results in a considerable need for modern software solutions in law enforcement operations to secure entrance and exit points. The US government focuses on the availability of necessary funding to fulfill these safety requirements. Well-known US-based corporations such as DXC Technology, Axon Enterprise Inc., Motorola Solutions Inc., and IBM Corporation sell law enforcement software. These companies continuously focus on creating customized solutions to satisfy the varying needs of different law enforcement agencies. In October 2023, public safety organizations in California, Colorado, Minnesota, and Texas selected Oracle local governments’ public safety hardware and software suite to improve efficiency and real-time situational awareness.
Public Safety Software Market Report Scope
Public Safety Software Market News and Recent Developments
The Public Safety Software market is evaluated by gathering qualitative and quantitative data post primary and secondary research, which includes important corporate publications, association data, and databases. A few of the developments in the Public Safety Software are listed below:
- Mark43, the leading cloud-native public safety software provider, announced that it has launched its single-platform computer-aided dispatch (CAD) and mobile capabilities with the New Mexico Department of Public Safety (DPS). The implementation of Mark43’s CAD includes Mark43’s mobile dispatch application, analytics, and multiple interfaces, helping the New Mexico DPS achieve its mission of comprehensive law enforcement services to support a safer state. (Source: Mark43, Press Release, May 2024)
Public Safety Software Market Report Coverage & Deliverables
The public safety software market forecast is estimated based on various secondary and primary research findings, such as key company publications, association data, and databases. The market report "Public Safety Software Market Size and Forecast (2020–2030)" provides a detailed analysis of the market covering below areas-
- Public safety software market size and forecast at global, regional, and country levels for all the key market segments covered under the scope
- Public safety software market trends, as well as market dynamics such as drivers, restraints, and key opportunities
- Detailed PEST/Porter’s Five Forces and SWOT analysis
- Public safety software market analysis covering key market trends, global and regional framework, major players, regulations, and recent market developments
- Industry landscape and competition analysis covering market concentration, heat map analysis, prominent players, and recent developments in the safety software market
- Detailed company profiles.
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
Deployment Type, Solution Type, and End User
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
This text is related
to country scope.
Frequently Asked Questions
The global public safety software market is expected to grow at a CAGR of 10.5% during the forecast period 2024 - 2030.
Growing adoption in law enforcement to obtain real-time information and the growing trend of the Internet of Things (IoT) in public safety are the major factors driving the public safety software market.
North America is expected to dominate the public safety software market with the highest market share in 2022.
The public safety software market size is projected to reach US$ 36.47 billion by 2030.
The emergence of Artificial Intelligence (AI) in public safety to play a significant role in the global public safety software market in the coming years.
The leading players operating in the public safety software market are Central Square, Hexagon AB, Motorola Solutions Inc., Microsoft Corp, Tyler Technologies Inc., Zetron Inc., Omnigo Software LLC, ProPhoenix Inc., SmartCOP Inc., and Mark43.
1. Introduction
1.1 The Insight Partners Research Report Guidance
1.2 Market Segmentation
2. Executive Summary
2.1 Key Insights
2.2 Market Attractiveness
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. Public Safety Software Market Landscape
4.1 Overview
4.2 PEST Analysis
4.3 Ecosystem Analysis
4.3.1 List of Vendors in Value Chain
5. Public Safety Software Market – Key Market Dynamics
5.1 Public Safety Software Market – Key Market Dynamics
5.2 Market Drivers
5.2.1 Increase in Criminal Activities and Natural Disasters
5.2.2 Growing Adoption in Law Enforcement to Obtain Real-Time Information
5.2.3 Surge in Investments in Public Safety
5.3 Market Restraints
5.3.1 Concerns About Data Privacy and Security
5.3.2 Lack of Awareness About Public Safety Software
5.4 Market Opportunities
5.4.1 Preference of New Technologies such as Integration of Artificial Intelligence in Public Safety
5.5 Future Trends
5.5.1 Real-Time Crime Centers and Emergency Communications Centers/Emergency Operations Centers
5.6 Impact of Drivers and Restraints:
6. Public Safety Software Market – Global Market Analysis
6.1 Public Safety Software Market Revenue (US$ Million), 2022–2030
6.2 Public Safety Software Market Forecast Analysis
7. Public Safety Software Market Analysis – by Deployment Type
7.1 On-Premises
7.1.1 Overview
7.1.2 On-Premises: Public Safety Software Market – Revenue and Forecast to 2030 (US$ Million)
7.2 Cloud
7.2.1 Overview
7.2.2 Cloud: Public Safety Software Market – Revenue and Forecast to 2030 (US$ Million)
8. Public Safety Software Market Analysis – by Solution Type
8.1 Computer Aided Dispatch Solution
8.1.1 Overview
8.1.2 Computer Aided Dispatch Solution: Public Safety Software Market – Revenue and Forecast to 2030 (US$ Million)
8.2 Record Management Solution
8.2.1 Overview
8.2.2 Record Management Solution: Public Safety Software Market – Revenue and Forecast to 2030 (US$ Million)
8.3 Mobile Police Software Solution
8.3.1 Overview
8.3.2 Mobile Police Software Solution: Public Safety Software Market – Revenue and Forecast to 2030 (US$ Million)
8.4 Incident Management Solution
8.4.1 Overview
8.4.2 Incident Management Solution: Public Safety Software Market – Revenue and Forecast to 2030 (US$ Million)
8.5 Jail Management Solution
8.5.1 Overview
8.5.2 Jail Management Solution: Public Safety Software Market – Revenue and Forecast to 2030 (US$ Million)
8.6 Court Management Solution
8.6.1 Overview
8.6.2 Court Management Solution: Public Safety Software Market – Revenue and Forecast to 2030 (US$ Million)
8.7 Others
8.7.1 Overview
8.7.2 Others: Public Safety Software Market – Revenue and Forecast to 2030 (US$ Million)
9. Public Safety Software Market Analysis – by End-user
9.1 Law Enforcement Agencies
9.1.1 Overview
9.1.2 Law Enforcement Agencies: Public Safety Software Market – Revenue and Forecast to 2030 (US$ Million)
9.2 Fire Departments
9.2.1 Overview
9.2.2 Fire Departments: Public Safety Software Market – Revenue and Forecast to 2030 (US$ Million)
9.3 Courts
9.3.1 Overview
9.3.2 Courts: Public Safety Software Market – Revenue and Forecast to 2030 (US$ Million)
9.4 Prosecutors
9.4.1 Overview
9.4.2 Prosecutors: Public Safety Software Market – Revenue and Forecast to 2030 (US$ Million)
9.5 Others
9.5.1 Overview
9.5.2 Others: Public Safety Software Market – Revenue and Forecast to 2030 (US$ Million)
10. Public Safety Software Market – Geographical Analysis
10.1 Overview
10.2 North America
10.2.1 North America Public Safety Software Market Overview
10.2.2 North America: Public Safety Software Market – Revenue and Forecast to 2030 (US$ Million)
10.2.3 North America: Public Safety Software Market Breakdown, by Deployment Type
10.2.3.1 North America: Public Safety Software Market – Revenue and Forecast Analysis – by Deployment Type
10.2.4 North America: Public Safety Software Market Breakdown, by Solution Type
10.2.4.1 North America: Public Safety Software Market – Revenue and Forecast Analysis – by Solution Type
10.2.5 North America: Public Safety Software Market Breakdown, by End-user
10.2.5.1 North America: Public Safety Software Market – Revenue and Forecast Analysis – by End-user
10.2.6 North America: Public Safety Software Market – Revenue and Forecast Analysis – by Country
10.2.6.1 North America: Public Safety Software Market – Revenue and Forecast Analysis – by Country
10.2.6.2 US: Public Safety Software Market – Revenue and Forecast to 2030 (US$ Million)
10.2.6.2.1 US: Public Safety Software Market Breakdown, by Deployment Type
10.2.6.2.2 US: Public Safety Software Market Breakdown, by Solution Type
10.2.6.2.3 US: Public Safety Software Market Breakdown, by End-user
10.2.6.3 Canada: Public Safety Software Market – Revenue and Forecast to 2030 (US$ Million)
10.2.6.3.1 Canada: Public Safety Software Market Breakdown, by Deployment Type
10.2.6.3.2 Canada: Public Safety Software Market Breakdown, by Solution Type
10.2.6.3.3 Canada: Public Safety Software Market Breakdown, by End-user
10.2.6.4 Mexico: Public Safety Software Market – Revenue and Forecast to 2030 (US$ Million)
10.2.6.4.1 Mexico: Public Safety Software Market Breakdown, by Deployment Type
10.2.6.4.2 Mexico: Public Safety Software Market Breakdown, by Solution Type
10.2.6.4.3 Mexico: Public Safety Software Market Breakdown, by End-user
10.3 Europe
10.3.1 Europe Public Safety Software Market Overview
10.3.2 Europe: Public Safety Software Market – Revenue and Forecast to 2030 (US$ Million)
10.3.3 Europe: Public Safety Software Market Breakdown, by Deployment Type
10.3.3.1 Europe: Public Safety Software Market – Revenue and Forecast Analysis – by Deployment Type
10.3.4 Europe: Public Safety Software Market Breakdown, by Solution Type
10.3.4.1 Europe: Public Safety Software Market – Revenue and Forecast Analysis – by Solution Type
10.3.5 Europe: Public Safety Software Market Breakdown, by End-user
10.3.5.1 Europe: Public Safety Software Market – Revenue and Forecast Analysis – by End-user
10.3.6 Europe: Public Safety Software Market – Revenue and Forecast Analysis – by Country
10.3.6.1 Europe: Public Safety Software Market – Revenue and Forecast Analysis – by Country
10.3.6.2 Germany: Public Safety Software Market – Revenue and Forecast to 2030 (US$ Million)
10.3.6.2.1 Germany: Public Safety Software Market Breakdown, by Deployment Type
10.3.6.2.2 Germany: Public Safety Software Market Breakdown, by Solution Type
10.3.6.2.3 Germany: Public Safety Software Market Breakdown, by End-user
10.3.6.3 United Kingdom: Public Safety Software Market – Revenue and Forecast to 2030 (US$ Million)
10.3.6.3.1 United Kingdom: Public Safety Software Market Breakdown, by Deployment Type
10.3.6.3.2 United Kingdom: Public Safety Software Market Breakdown, by Solution Type
10.3.6.3.3 United Kingdom: Public Safety Software Market Breakdown, by End-user
10.3.6.4 France: Public Safety Software Market – Revenue and Forecast to 2030 (US$ Million)
10.3.6.4.1 France: Public Safety Software Market Breakdown, by Deployment Type
10.3.6.4.2 France: Public Safety Software Market Breakdown, by Solution Type
10.3.6.4.3 France: Public Safety Software Market Breakdown, by End-user
10.3.6.5 Russia: Public Safety Software Market – Revenue and Forecast to 2030 (US$ Million)
10.3.6.5.1 Russia: Public Safety Software Market Breakdown, by Deployment Type
10.3.6.5.2 Russia: Public Safety Software Market Breakdown, by Solution Type
10.3.6.5.3 Russia: Public Safety Software Market Breakdown, by End-user
10.3.6.6 Italy: Public Safety Software Market – Revenue and Forecast to 2030 (US$ Million)
10.3.6.6.1 Italy: Public Safety Software Market Breakdown, by Deployment Type
10.3.6.6.2 Italy: Public Safety Software Market Breakdown, by Solution Type
10.3.6.6.3 Italy: Public Safety Software Market Breakdown, by End-user
10.3.6.7 Rest of Europe: Public Safety Software Market – Revenue and Forecast to 2030 (US$ Million)
10.3.6.7.1 Rest of Europe: Public Safety Software Market Breakdown, by Deployment Type
10.3.6.7.2 Rest of Europe: Public Safety Software Market Breakdown, by Solution Type
10.3.6.7.3 Rest of Europe: Public Safety Software Market Breakdown, by End-user
10.4 Asia Pacific
10.4.1 Asia Pacific Public Safety Software Market Overview
10.4.2 Asia Pacific: Public Safety Software Market – Revenue and Forecast to 2030 (US$ Million)
10.4.3 Asia Pacific: Public Safety Software Market Breakdown, by Deployment Type
10.4.3.1 Asia Pacific: Public Safety Software Market – Revenue and Forecast Analysis – by Deployment Type
10.4.4 Asia Pacific: Public Safety Software Market Breakdown, by Solution Type
10.4.4.1 Asia Pacific: Public Safety Software Market – Revenue and Forecast Analysis – by Solution Type
10.4.5 Asia Pacific: Public Safety Software Market Breakdown, by End-user
10.4.5.1 Asia Pacific: Public Safety Software Market – Revenue and Forecast Analysis – by End-user
10.4.6 Asia Pacific: Public Safety Software Market – Revenue and Forecast Analysis – by Country
10.4.6.1 Asia Pacific: Public Safety Software Market – Revenue and Forecast Analysis – by Country
10.4.6.2 China: Public Safety Software Market – Revenue and Forecast to 2030 (US$ Million)
10.4.6.2.1 China: Public Safety Software Market Breakdown, by Deployment Type
10.4.6.2.2 China: Public Safety Software Market Breakdown, by Solution Type
10.4.6.2.3 China: Public Safety Software Market Breakdown, by End-user
10.4.6.3 Japan: Public Safety Software Market – Revenue and Forecast to 2030 (US$ Million)
10.4.6.3.1 Japan: Public Safety Software Market Breakdown, by Deployment Type
10.4.6.3.2 Japan: Public Safety Software Market Breakdown, by Solution Type
10.4.6.3.3 Japan: Public Safety Software Market Breakdown, by End-user
10.4.6.4 South Korea: Public Safety Software Market – Revenue and Forecast to 2030 (US$ Million)
10.4.6.4.1 South Korea: Public Safety Software Market Breakdown, by Deployment Type
10.4.6.4.2 South Korea: Public Safety Software Market Breakdown, by Solution Type
10.4.6.4.3 South Korea: Public Safety Software Market Breakdown, by End-user
10.4.6.5 Australia: Public Safety Software Market – Revenue and Forecast to 2030 (US$ Million)
10.4.6.5.1 Australia: Public Safety Software Market Breakdown, by Deployment Type
10.4.6.5.2 Australia: Public Safety Software Market Breakdown, by Solution Type
10.4.6.5.3 Australia: Public Safety Software Market Breakdown, by End-user
10.4.6.6 India: Public Safety Software Market – Revenue and Forecast to 2030 (US$ Million)
10.4.6.6.1 India: Public Safety Software Market Breakdown, by Deployment Type
10.4.6.6.2 India: Public Safety Software Market Breakdown, by Solution Type
10.4.6.6.3 India: Public Safety Software Market Breakdown, by End-user
10.4.6.7 Rest of Asia Pacific: Public Safety Software Market – Revenue and Forecast to 2030 (US$ Million)
10.4.6.7.1 Rest of Asia Pacific: Public Safety Software Market Breakdown, by Deployment Type
10.4.6.7.2 Rest of Asia Pacific: Public Safety Software Market Breakdown, by Solution Type
10.4.6.7.3 Rest of Asia Pacific: Public Safety Software Market Breakdown, by End-user
10.5 Middle East and Africa
10.5.1 Middle East and Africa Public Safety Software Market Overview
10.5.2 Middle East and Africa: Public Safety Software Market – Revenue and Forecast to 2030 (US$ Million)
10.5.3 Middle East and Africa: Public Safety Software Market Breakdown, by Deployment Type
10.5.3.1 Middle East and Africa: Public Safety Software Market – Revenue and Forecast Analysis – by Deployment Type
10.5.4 Middle East and Africa: Public Safety Software Market Breakdown, by Solution Type
10.5.4.1 Middle East and Africa: Public Safety Software Market – Revenue and Forecast Analysis – by Solution Type
10.5.5 Middle East and Africa: Public Safety Software Market Breakdown, by End-user
10.5.5.1 Middle East and Africa: Public Safety Software Market – Revenue and Forecast Analysis – by End-user
10.5.6 Middle East and Africa: Public Safety Software Market – Revenue and Forecast Analysis – by Country
10.5.6.1 Middle East and Africa: Public Safety Software Market – Revenue and Forecast Analysis – by Country
10.5.6.2 UAE: Public Safety Software Market – Revenue and Forecast to 2030 (US$ Million)
10.5.6.2.1 UAE: Public Safety Software Market Breakdown, by Deployment Type
10.5.6.2.2 UAE: Public Safety Software Market Breakdown, by Solution Type
10.5.6.2.3 UAE: Public Safety Software Market Breakdown, by End-user
10.5.6.3 Saudi Arabia: Public Safety Software Market – Revenue and Forecast to 2030 (US$ Million)
10.5.6.3.1 Saudi Arabia: Public Safety Software Market Breakdown, by Deployment Type
10.5.6.3.2 Saudi Arabia: Public Safety Software Market Breakdown, by Solution Type
10.5.6.3.3 Saudi Arabia: Public Safety Software Market Breakdown, by End-user
10.5.6.4 South Africa: Public Safety Software Market – Revenue and Forecast to 2030 (US$ Million)
10.5.6.4.1 South Africa: Public Safety Software Market Breakdown, by Deployment Type
10.5.6.4.2 South Africa: Public Safety Software Market Breakdown, by Solution Type
10.5.6.4.3 South Africa: Public Safety Software Market Breakdown, by End-user
10.5.6.5 Rest of Middle East and Africa: Public Safety Software Market – Revenue and Forecast to 2030 (US$ Million)
10.5.6.5.1 Rest of Middle East and Africa: Public Safety Software Market Breakdown, by Deployment Type
10.5.6.5.2 Rest of Middle East and Africa: Public Safety Software Market Breakdown, by Solution Type
10.5.6.5.3 Rest of Middle East and Africa: Public Safety Software Market Breakdown, by End-user
10.6 South and Central America
10.6.1 South and Central America Public Safety Software Market Overview
10.6.2 South and Central America: Public Safety Software Market – Revenue and Forecast to 2030 (US$ Million)
10.6.3 South and Central America: Public Safety Software Market Breakdown, by Deployment Type
10.6.3.1 South and Central America: Public Safety Software Market – Revenue and Forecast Analysis – by Deployment Type
10.6.4 South and Central America: Public Safety Software Market Breakdown, by Solution Type
10.6.4.1 South and Central America: Public Safety Software Market – Revenue and Forecast Analysis – by Solution Type
10.6.5 South and Central America: Public Safety Software Market Breakdown, by End-user
10.6.5.1 South and Central America: Public Safety Software Market – Revenue and Forecast Analysis – by End-user
10.6.6 South and Central America: Public Safety Software Market – Revenue and Forecast Analysis – by Country
10.6.6.1 South and Central America: Public Safety Software Market – Revenue and Forecast Analysis – by Country
10.6.6.2 Brazil: Public Safety Software Market – Revenue and Forecast to 2030 (US$ Million)
10.6.6.2.1 Brazil: Public Safety Software Market Breakdown, by Deployment Type
10.6.6.2.2 Brazil: Public Safety Software Market Breakdown, by Solution Type
10.6.6.2.3 Brazil: Public Safety Software Market Breakdown, by End-user
10.6.6.3 Argentina: Public Safety Software Market – Revenue and Forecast to 2030 (US$ Million)
10.6.6.3.1 Argentina: Public Safety Software Market Breakdown, by Deployment Type
10.6.6.3.2 Argentina: Public Safety Software Market Breakdown, by Solution Type
10.6.6.3.3 Argentina: Public Safety Software Market Breakdown, by End-user
10.6.6.4 Rest of SAM: Public Safety Software Market – Revenue and Forecast to 2030 (US$ Million)
10.6.6.4.1 Rest of SAM: Public Safety Software Market Breakdown, by Deployment Type
10.6.6.4.2 Rest of SAM: Public Safety Software Market Breakdown, by Solution Type
10.6.6.4.3 Rest of SAM: Public Safety Software Market Breakdown, by End-user
11. Public Safety Software Market – Impact of COVID-19 Pandemic
11.1 Pre & Post COVID-19 Impact
12. Competitive Landscape
12.1 Company Positioning & Concentration
13. Industry Landscape
13.1 Overview
13.2 Market Initiative
13.2 New Product Development
13.3 Merger and Acquisition
14. Company Profiles
14.1 CENTRALSQUARE
14.1.1 Key Facts
14.1.2 Business Description
14.1.3 Products and Services
14.1.4 Financial Overview
14.1.5 SWOT Analysis
14.1.6 Key Developments
14.2 Hexagon AB
14.2.1 Key Facts
14.2.2 Business Description
14.2.3 Products and Services
14.2.4 Financial Overview
14.2.5 SWOT Analysis
14.2.6 Key Developments
14.3 Motorola Solutions Inc
14.3.1 Key Facts
14.3.2 Business Description
14.3.3 Products and Services
14.3.4 Financial Overview
14.3.5 SWOT Analysis
14.3.6 Key Developments
14.4 Microsoft Corp
14.4.1 Key Facts
14.4.2 Business Description
14.4.3 Products and Services
14.4.4 Financial Overview
14.4.5 SWOT Analysis
14.4.6 Key Developments
14.5 Tyler Technologies Inc
14.5.1 Key Facts
14.5.2 Business Description
14.5.3 Products and Services
14.5.4 Financial Overview
14.5.5 SWOT Analysis
14.5.6 Key Developments
14.6 Zetron Inc
14.6.1 Key Facts
14.6.2 Business Description
14.6.3 Products and Services
14.6.4 Financial Overview
14.6.5 SWOT Analysis
14.6.6 Key Developments
14.7 Omnigo Software LLC
14.7.1 Key Facts
14.7.2 Business Description
14.7.3 Products and Services
14.7.4 Financial Overview
14.7.5 SWOT Analysis
14.7.6 Key Developments
14.8 ProPhoenix Inc
14.8.1 Key Facts
14.8.2 Business Description
14.8.3 Products and Services
14.8.4 Financial Overview
14.8.5 SWOT Analysis
14.8.6 Key Developments
14.9 SmartCOP Inc
14.9.1 Key Facts
14.9.2 Business Description
14.9.3 Products and Services
14.9.4 Financial Overview
14.9.5 SWOT Analysis
14.9.6 Key Developments
14.10 Mark43 Inc
14.10.1 Key Facts
14.10.2 Business Description
14.10.3 Products and Services
14.10.4 Financial Overview
14.10.5 SWOT Analysis
14.10.6 Key Developments
15. Appendix
15.1 About The Insight Partners
List of Tables
Table 1. Public Safety Software Market Segmentation
Table 2. Public Safety Software Market – Revenue and Forecast to 2030 (US$ Million)
Table 3. Public Safety Software Market – Revenue and Forecast to 2030 (US$ Million) – by Deployment Type
Table 4. Public Safety Software Market – Revenue and Forecast to 2030 (US$ Million) – by Solution Type
Table 5. Public Safety Software Market – Revenue and Forecast to 2030 (US$ Million) – by End-user
Table 6. North America: Public Safety Software Market – Revenue and Forecast to 2030(US$ Million) – by Deployment Type
Table 7. North America: Public Safety Software Market – Revenue and Forecast to 2030(US$ Million) – by Solution Type
Table 8. North America: Public Safety Software Market – Revenue and Forecast to 2030(US$ Million) – by End-user
Table 9. North America: Public Safety Software Market – Revenue and Forecast to 2030(US$ Million) – by Country
Table 10. US: Public Safety Software Market – Revenue and Forecast to 2030(US$ Million) – by Deployment Type
Table 11. US: Public Safety Software Market – Revenue and Forecast to 2030(US$ Million) – by Solution Type
Table 12. US: Public Safety Software Market – Revenue and Forecast to 2030(US$ Million) – by End-user
Table 13. Canada: Public Safety Software Market – Revenue and Forecast to 2030(US$ Million) – by Deployment Type
Table 14. Canada: Public Safety Software Market – Revenue and Forecast to 2030(US$ Million) – by Solution Type
Table 15. Canada: Public Safety Software Market – Revenue and Forecast to 2030(US$ Million) – by End-user
Table 16. Mexico: Public Safety Software Market – Revenue and Forecast to 2030(US$ Million) – by Deployment Type
Table 17. Mexico: Public Safety Software Market – Revenue and Forecast to 2030(US$ Million) – by Solution Type
Table 18. Mexico: Public Safety Software Market – Revenue and Forecast to 2030(US$ Million) – by End-user
Table 19. Europe: Public Safety Software Market – Revenue and Forecast to 2030(US$ Million) – by Deployment Type
Table 20. Europe: Public Safety Software Market – Revenue and Forecast to 2030(US$ Million) – by Solution Type
Table 21. Europe: Public Safety Software Market – Revenue and Forecast to 2030(US$ Million) – by End-user
Table 22. Europe: Public Safety Software Market – Revenue and Forecast to 2030(US$ Million) – by Country
Table 23. Germany: Public Safety Software Market – Revenue and Forecast to 2030(US$ Million) – by Deployment Type
Table 24. Germany: Public Safety Software Market – Revenue and Forecast to 2030(US$ Million) – by Solution Type
Table 25. Germany: Public Safety Software Market – Revenue and Forecast to 2030(US$ Million) – by End-user
Table 26. United Kingdom: Public Safety Software Market – Revenue and Forecast to 2030(US$ Million) – by Deployment Type
Table 27. United Kingdom: Public Safety Software Market – Revenue and Forecast to 2030(US$ Million) – by Solution Type
Table 28. United Kingdom: Public Safety Software Market – Revenue and Forecast to 2030(US$ Million) – by End-user
Table 29. France: Public Safety Software Market – Revenue and Forecast to 2030(US$ Million) – by Deployment Type
Table 30. France: Public Safety Software Market – Revenue and Forecast to 2030(US$ Million) – by Solution Type
Table 31. France: Public Safety Software Market – Revenue and Forecast to 2030(US$ Million) – by End-user
Table 32. Russia: Public Safety Software Market – Revenue and Forecast to 2030(US$ Million) – by Deployment Type
Table 33. Russia: Public Safety Software Market – Revenue and Forecast to 2030(US$ Million) – by Solution Type
Table 34. Russia: Public Safety Software Market – Revenue and Forecast to 2030(US$ Million) – by End-user
Table 35. Italy: Public Safety Software Market – Revenue and Forecast to 2030(US$ Million) – by Deployment Type
Table 36. Italy: Public Safety Software Market – Revenue and Forecast to 2030(US$ Million) – by Solution Type
Table 37. Italy: Public Safety Software Market – Revenue and Forecast to 2030(US$ Million) – by End-user
Table 38. Rest of Europe: Public Safety Software Market – Revenue and Forecast to 2030(US$ Million) – by Deployment Type
Table 39. Rest of Europe: Public Safety Software Market – Revenue and Forecast to 2030(US$ Million) – by Solution Type
Table 40. Rest of Europe: Public Safety Software Market – Revenue and Forecast to 2030(US$ Million) – by End-user
Table 41. Asia Pacific: Public Safety Software Market – Revenue and Forecast to 2030(US$ Million) – by Deployment Type
Table 42. Asia Pacific: Public Safety Software Market – Revenue and Forecast to 2030(US$ Million) – by Solution Type
Table 43. Asia Pacific: Public Safety Software Market – Revenue and Forecast to 2030(US$ Million) – by End-user
Table 44. Asia Pacific: Public Safety Software Market – Revenue and Forecast to 2030(US$ Million) – by Country
Table 45. China: Public Safety Software Market – Revenue and Forecast to 2030(US$ Million) – by Deployment Type
Table 46. China: Public Safety Software Market – Revenue and Forecast to 2030(US$ Million) – by Solution Type
Table 47. China: Public Safety Software Market – Revenue and Forecast to 2030(US$ Million) – by End-user
Table 48. Japan: Public Safety Software Market – Revenue and Forecast to 2030(US$ Million) – by Deployment Type
Table 49. Japan: Public Safety Software Market – Revenue and Forecast to 2030(US$ Million) – by Solution Type
Table 50. Japan: Public Safety Software Market – Revenue and Forecast to 2030(US$ Million) – by End-user
Table 51. South Korea: Public Safety Software Market – Revenue and Forecast to 2030(US$ Million) – by Deployment Type
Table 52. South Korea: Public Safety Software Market – Revenue and Forecast to 2030(US$ Million) – by Solution Type
Table 53. South Korea: Public Safety Software Market – Revenue and Forecast to 2030(US$ Million) – by End-user
Table 54. Australia: Public Safety Software Market – Revenue and Forecast to 2030(US$ Million) – by Deployment Type
Table 55. Australia: Public Safety Software Market – Revenue and Forecast to 2030(US$ Million) – by Solution Type
Table 56. Australia: Public Safety Software Market – Revenue and Forecast to 2030(US$ Million) – by End-user
Table 57. India: Public Safety Software Market – Revenue and Forecast to 2030(US$ Million) – by Deployment Type
Table 58. India: Public Safety Software Market – Revenue and Forecast to 2030(US$ Million) – by Solution Type
Table 59. India: Public Safety Software Market – Revenue and Forecast to 2030(US$ Million) – by End-user
Table 60. Rest of Asia Pacific: Public Safety Software Market – Revenue and Forecast to 2030(US$ Million) – by Deployment Type
Table 61. Rest of Asia Pacific: Public Safety Software Market – Revenue and Forecast to 2030(US$ Million) – by Solution Type
Table 62. Rest of Asia Pacific: Public Safety Software Market – Revenue and Forecast to 2030(US$ Million) – by End-user
Table 63. Middle East and Africa: Public Safety Software Market – Revenue and Forecast to 2030(US$ Million) – by Deployment Type
Table 64. Middle East and Africa: Public Safety Software Market – Revenue and Forecast to 2030(US$ Million) – by Solution Type
Table 65. Middle East and Africa: Public Safety Software Market – Revenue and Forecast to 2030(US$ Million) – by End-user
Table 66. Middle East and Africa: Public Safety Software Market – Revenue and Forecast to 2030(US$ Million) – by Country
Table 67. UAE: Public Safety Software Market – Revenue and Forecast to 2030(US$ Million) – by Deployment Type
Table 68. UAE: Public Safety Software Market – Revenue and Forecast to 2030(US$ Million) – by Solution Type
Table 69. UAE: Public Safety Software Market – Revenue and Forecast to 2030(US$ Million) – by End-user
Table 70. Saudi Arabia: Public Safety Software Market – Revenue and Forecast to 2030(US$ Million) – by Deployment Type
Table 71. Saudi Arabia: Public Safety Software Market – Revenue and Forecast to 2030(US$ Million) – by Solution Type
Table 72. Saudi Arabia: Public Safety Software Market – Revenue and Forecast to 2030(US$ Million) – by End-user
Table 73. South Africa: Public Safety Software Market – Revenue and Forecast to 2030(US$ Million) – by Deployment Type
Table 74. South Africa: Public Safety Software Market – Revenue and Forecast to 2030(US$ Million) – by Solution Type
Table 75. South Africa: Public Safety Software Market – Revenue and Forecast to 2030(US$ Million) – by End-user
Table 76. Rest of Middle East and Africa: Public Safety Software Market – Revenue and Forecast to 2030(US$ Million) – by Deployment Type
Table 77. Rest of Middle East and Africa: Public Safety Software Market – Revenue and Forecast to 2030(US$ Million) – by Solution Type
Table 78. Rest of Middle East and Africa: Public Safety Software Market – Revenue and Forecast to 2030(US$ Million) – by End-user
Table 79. South and Central America: Public Safety Software Market – Revenue and Forecast to 2030(US$ Million) – by Deployment Type
Table 80. South and Central America: Public Safety Software Market – Revenue and Forecast to 2030(US$ Million) – by Solution Type
Table 81. South and Central America: Public Safety Software Market – Revenue and Forecast to 2030(US$ Million) – by End-user
Table 82. South and Central America: Public Safety Software Market – Revenue and Forecast to 2030(US$ Million) – by Country
Table 83. Brazil: Public Safety Software Market – Revenue and Forecast to 2030(US$ Million) – by Deployment Type
Table 84. Brazil: Public Safety Software Market – Revenue and Forecast to 2030(US$ Million) – by Solution Type
Table 85. Brazil: Public Safety Software Market – Revenue and Forecast to 2030(US$ Million) – by End-user
Table 86. Argentina: Public Safety Software Market – Revenue and Forecast to 2030(US$ Million) – by Deployment Type
Table 87. Argentina: Public Safety Software Market – Revenue and Forecast to 2030(US$ Million) – by Solution Type
Table 88. Argentina: Public Safety Software Market – Revenue and Forecast to 2030(US$ Million) – by End-user
Table 89. Rest of SAM: Public Safety Software Market – Revenue and Forecast to 2030(US$ Million) – by Deployment Type
Table 90. Rest of SAM: Public Safety Software Market – Revenue and Forecast to 2030(US$ Million) – by Solution Type
Table 91. Rest of SAM: Public Safety Software Market – Revenue and Forecast to 2030(US$ Million) – by End-user
List of Figures
Figure 1. Public Safety Software Market Segmentation, by Geography
Figure 2. PEST Analysis
Figure 3. Ecosystem: Public Safety Software Market
Figure 4. Impact Analysis of Drivers and Restraints
Figure 5. Public Safety Software Market Breakdown by Geography, 2022 and 2030 (%)
Figure 6. Public Safety Software Market Revenue (US$ Million), 2022–2030
Figure 7. Public Safety Software Market Share (%) – by Deployment Type (2022 and 2030)
Figure 8. On-Premises: Public Safety Software Market – Revenue and Forecast to 2030 (US$ Million)
Figure 9. Cloud: Public Safety Software Market – Revenue and Forecast to 2030 (US$ Million)
Figure 10. Public Safety Software Market Share (%) – by Solution Type (2022 and 2030)
Figure 11. Computer Aided Dispatch Solution: Public Safety Software Market – Revenue and Forecast to 2030 (US$ Million)
Figure 12. Record Management Solution: Public Safety Software Market – Revenue and Forecast to 2030 (US$ Million)
Figure 13. Mobile Police Software Solution: Public Safety Software Market – Revenue and Forecast to 2030 (US$ Million)
Figure 14. Incident Management Solution: Public Safety Software Market – Revenue and Forecast to 2030 (US$ Million)
Figure 15. Jail Management Solution: Public Safety Software Market – Revenue and Forecast to 2030 (US$ Million)
Figure 16. Court Management Solution: Public Safety Software Market – Revenue and Forecast to 2030 (US$ Million)
Figure 17. Others: Public Safety Software Market – Revenue and Forecast to 2030 (US$ Million)
Figure 18. Public Safety Software Market Share (%) – by End-user (2022 and 2030)
Figure 19. Law Enforcement Agencies: Public Safety Software Market – Revenue and Forecast to 2030 (US$ Million)
Figure 20. Fire Departments: Public Safety Software Market – Revenue and Forecast to 2030 (US$ Million)
Figure 21. Courts: Public Safety Software Market – Revenue and Forecast to 2030 (US$ Million)
Figure 22. Prosecutors: Public Safety Software Market – Revenue and Forecast to 2030 (US$ Million)
Figure 23. Others: Public Safety Software Market – Revenue and Forecast to 2030 (US$ Million)
Figure 24. Public Safety Software Market Breakdown by Region, 2022 and 2030 (%)
Figure 25. North America: Public Safety Software Market – Revenue and Forecast to 2030(US$ Million)
Figure 26. North America: Public Safety Software Market Breakdown, by Deployment Type (2022 and 2030)
Figure 27. North America: Public Safety Software Market Breakdown, by Solution Type (2022 and 2030)
Figure 28. North America: Public Safety Software Market Breakdown, by End-user (2022 and 2030)
Figure 29. North America: Public Safety Software Market Breakdown, by Key Countries, 2022 and 2030 (%)
Figure 30. US: Public Safety Software Market – Revenue and Forecast to 2030(US$ Million)
Figure 31. Canada: Public Safety Software Market – Revenue and Forecast to 2030(US$ Million)
Figure 32. Mexico: Public Safety Software Market – Revenue and Forecast to 2030(US$ Million)
Figure 33. Europe: Public Safety Software Market – Revenue and Forecast to 2030(US$ Million)
Figure 34. Europe: Public Safety Software Market Breakdown, by Deployment Type (2022 and 2030)
Figure 35. Europe: Public Safety Software Market Breakdown, by Solution Type (2022 and 2030)
Figure 36. Europe: Public Safety Software Market Breakdown, by End-user (2022 and 2030)
Figure 37. Europe: Public Safety Software Market Breakdown, by Key Countries, 2022 and 2030 (%)
Figure 38. Germany: Public Safety Software Market – Revenue and Forecast to 2030(US$ Million)
Figure 39. United Kingdom: Public Safety Software Market – Revenue and Forecast to 2030(US$ Million)
Figure 40. France: Public Safety Software Market – Revenue and Forecast to 2030(US$ Million)
Figure 41. Russia: Public Safety Software Market – Revenue and Forecast to 2030(US$ Million)
Figure 42. Italy: Public Safety Software Market – Revenue and Forecast to 2030(US$ Million)
Figure 43. Rest of Europe: Public Safety Software Market – Revenue and Forecast to 2030(US$ Million)
Figure 44. Asia Pacific: Public Safety Software Market – Revenue and Forecast to 2030(US$ Million)
Figure 45. Asia Pacific: Public Safety Software Market Breakdown, by Deployment Type (2022 and 2030)
Figure 46. Asia Pacific: Public Safety Software Market Breakdown, by Solution Type (2022 and 2030)
Figure 47. Asia Pacific: Public Safety Software Market Breakdown, by End-user (2022 and 2030)
Figure 48. Asia Pacific: Public Safety Software Market Breakdown, by Key Countries, 2022 and 2030 (%)
Figure 49. China: Public Safety Software Market – Revenue and Forecast to 2030(US$ Million)
Figure 50. Japan: Public Safety Software Market – Revenue and Forecast to 2030(US$ Million)
Figure 51. South Korea: Public Safety Software Market – Revenue and Forecast to 2030(US$ Million)
Figure 52. Australia: Public Safety Software Market – Revenue and Forecast to 2030(US$ Million)
Figure 53. India: Public Safety Software Market – Revenue and Forecast to 2030(US$ Million)
Figure 54. Rest of Asia Pacific: Public Safety Software Market – Revenue and Forecast to 2030(US$ Million)
Figure 55. Middle East and Africa: Public Safety Software Market – Revenue and Forecast to 2030(US$ Million)
Figure 56. Middle East and Africa: Public Safety Software Market Breakdown, by Deployment Type (2022 and 2030)
Figure 57. Middle East and Africa: Public Safety Software Market Breakdown, by Solution Type (2022 and 2030)
Figure 58. Middle East and Africa: Public Safety Software Market Breakdown, by End-user (2022 and 2030)
Figure 59. Middle East and Africa: Public Safety Software Market Breakdown, by Key Countries, 2022 and 2030 (%)
Figure 60. UAE: Public Safety Software Market – Revenue and Forecast to 2030(US$ Million)
Figure 61. Saudi Arabia: Public Safety Software Market – Revenue and Forecast to 2030(US$ Million)
Figure 62. South Africa: Public Safety Software Market – Revenue and Forecast to 2030(US$ Million)
Figure 63. Rest of Middle East and Africa: Public Safety Software Market – Revenue and Forecast to 2030(US$ Million)
Figure 64. South and Central America: Public Safety Software Market – Revenue and Forecast to 2030(US$ Million)
Figure 65. South and Central America: Public Safety Software Market Breakdown, by Deployment Type (2022 and 2030)
Figure 66. South and Central America: Public Safety Software Market Breakdown, by Solution Type (2022 and 2030)
Figure 67. South and Central America: Public Safety Software Market Breakdown, by End-user (2022 and 2030)
Figure 68. South and Central America: Public Safety Software Market Breakdown, by Key Countries, 2022 and 2030 (%)
Figure 69. Brazil: Public Safety Software Market – Revenue and Forecast to 2030(US$ Million)
Figure 70. Argentina: Public Safety Software Market – Revenue and Forecast to 2030(US$ Million)
Figure 71. Rest of SAM: Public Safety Software Market – Revenue and Forecast to 2030(US$ Million)
Figure 72. Company Positioning & Concentration
The List of Companies - Public Safety Software Market
- MARK43 INC
- SMARTCOP INC
- PROPHOENIX INC
- OMNIGO SOFTWARE LLC
- ZETRON INC
- TYLER TECHNOLOGIES INC
- MICROSOFT CORP
- MOTOROLA SOLUTIONS INC
- HEXAGON AB
- CENTRALSQUARE
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.
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