The global demand for Safe City Market is presumed to reach the valuation of nearlyUSD XX MN by 2028 from USD XX MN in 2021 with a CAGR of XX% under the study period of 2021-2028.
Safe city is an initiative, which aims to make cities safer by encouraging equal access to public spaces and especially for women with the use of crowdsourced data and technology. Moreover, safe city initiative units city officials, businesses, and law enforcement via a project, which is focused to maximize safety and minimize theft and other crimes in the city.
Market Dynamics
The rapidly growing smart city projects globally for incorporating information and communication technologies (ICT) to enhance the quality and performance of urban services such as energy, transportation, and utilities is primarily driving the market growth. In addition to this, rising threats of crime, terror and natural disasters are further accelerating the demand of technologies & services intended for a safe city. However, high initial deployment cost is likely to hamper the market growth. Whereas, the development of cost-effective technology solutions is likely to create potential demand over the forecast period.
The report covers Porter's Five Forces Model, Market Attractiveness Analysis and Value Chain analysis. These tools help to get a clear picture of the industry's structure and evaluate the competition attractiveness at a global level.
Additionally, these tools also give inclusive assessment of each application/product segment in the global market of safe city.
Market Segmentation
The entire safe city market has been sub-categorized into technologies & services. The report provides an analysis of these subsets with respect to the geographical segmentation. This research study will keep marketer informed and helps to identify the target demographics for a product or service.
By Technologies & Services
- Command & Control System
- Cyber Security
- Emergency Traffic Management
- Location Based Emergency Notification
- Managed Security Services
- Physical identity and Access Management (PIAM)
- Physical Security Information Management (PSIM)
- Public Event Security Services
- Public Safety Communications
- Tracking Technologies
- Video Analytics
- Video Surveillance & Storage
- Others
Regional Analysis
This section covers regional segmentation which accentuates on current and future demand for safe city market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand for individual application segment across all the prominent regions.
Global Safe City Market Share by Region (Representative Graph)
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the safe city market include 3i-MIND, 3VR, 3xLOGIC, ABB, Accenture, ACTi Corporation, ADT Security Services, Agent Video Intelligence, Avigilon Corporation, Axis, and Others. This section includes a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
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