Market Highlights
Market Research Future (MRFR) has published a research report about the global public safety solution for smart city market that calculates a massive hike for this market at 24.8% CAGR between 2017 and 2023. By value, the market has been figured to be worth the US $ 299 bn by the end of the forecast period.
The worldwide economic growth picking up pace, new urban as well as rural infrastructure development efforts are shaping up all over the world. One of the top priorities in the development agenda is to facilitate the growth of smart cities and to tackle many of the third-world issues regarding public safety.
Market Insights
The fourth revolution has resulted in rapid globalization, which has created extensive job opportunities. As a result, an upsurge in urban migration has been observed. Hence, urbanization and increase in industrial activities are major factors that are observed to underpin the expansion of the global public safety solution for smart city market.
The rise in the demand for Internet of Things, artificial intelligence, and other technologies, and their active adoption across different verticals is enabling enterprises to deliver better professional safety solutions for the safety of the public in smart cities.
Public safety solutions are deployed for public transportation, disaster management, critical infrastructure security, and medical emergency services. In addition, transit agencies are also making a deliberate effort to incorporate IoT in the transportation security models, in order to simplify metro cities conveyance. These factors are anticipated to strengthen the base for the global market of public safety solutions for smart cities. In addition, the hike in the per capita income is expected to bolster the market growth.
On the contrary, the high price of such solutions and the lack of trained personnel for execution of such services are expected to be some of the major constraints on the rapidly expanding global public safety solutions for smart cities market in the coming years.
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Segmentation:
The global market of public safety solution for smart city market has been segmented on the basis of services, solution, and application.
By solution, the global public safety solution for smart city market has been segmented into critical communication network, biometric security & authentication system, backup & recovery system, public address & general alarm, and surveillance system. The critical communication network segment is anticipated to expand at 25.7% CAGR by 2023.
By services, the global public safety solution for smart city market has been segmented into professional service and managed service. The managed service segment is likely to thrive at a CAGR of 26.3% by the end of the forecast period.
By application, the global public safety solution for smart city market has been segmented into public transportation security, disaster management, critical infrastructure security, medical emergency service, law enforcement, firefighting services, and intelligence agencies. The public transportation security to expand at 26.2% of CAGR over the assessment period.
Regional Outlook
The Asia Pacific region has been inferred to grow significantly as a market due to rapid urbanization in countries like China and India, growing industrialization, and initiation of various smart city projects. Other momentous country-specific markets in this region are Japan and South Korea, followed by the remaining countries of the Asia Pacific region.
Europe is another salient regional market due to the reasons that are the same as in North America. The vital country-specific markets in this region are France, Germany, Italy, and the UK, followed by the remaining countries of Europe.
The RoW segment covers the countries of Latin America and the Middle East & Africa (MEA) region. In Latin America, the market is sizable but not as great as North America because Latin America is yet to achieve the level of technological advancement that North America has already achieved. The most powerful economies in this region that can become significant markets are Argentina and Brazil. In the MEA region, market growth is slow due to the limited availability of advanced technology.
Key Players
Harris Corporation (U.S.), NEC Corporation (Japan), Cisco Systems, Inc. (U.S.), International Business Machines Corporation (U.S.), Thales Corporation (France), Huawei Technologies (China), Honeywell International Inc. (U.S.), Alcatel-Lucent (France), Northrop German Corporation (U.S.), and Motorola Solutions Inc. (U.S.) are major key player of the public safety solutions for smart cities market that are likely to contribute significantly to its health. An in-depth knowledge of the market aids in understanding the growth opportunities of the market.
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Market HighlightsPublic safety solutions are deployed for public transportation, disaster management, critical infrastructure security, and medical emergency services.
In addition, transit agencies are also making a deliberate effort to incorporate IoT in the transportation security models, in order to simplify metro cities conveyance.
These factors are anticipated to strengthen the base for the global market of public safety solutions for smart cities.
In addition, the hike in the per capita income is expected to bolster the market growth.On the contrary, the high price of such solutions and the lack of trained personnel for execution of such services are expected to be some of the major constraints on the rapidly expanding global public safety solutions for smart cities market in the coming years.Market Research Future (MRFR) reveals, the global marketofpublic safety solutions for smart cities is expected to garner a lucrative CAGR over the forecast period and attain a valuation of USD 299 billion by 2023.The fourth revolution has resulted in rapid globalization, which has created extensive job opportunities.
Hence, urbanization and increase in industrial activities are major factors that are observed to underpin the expansion of the global public safety solution for smart city market.The rise in the demand for Internet of Things, artificial intelligence, and other technologies, and their active adoption across different verticals is enabling enterprises to deliver better professional safety solutions for the safety of the public in smart cities.Get a Free Sample @https://www.marketresearchfuture.com/sample_request/2738Key PlayersHarris Corporation (U.S.), NEC Corporation (Japan), Cisco Systems, Inc. (U.S.), International Business Machines Corporation (U.S.), Thales Corporation (France), Huawei Technologies (China), Honeywell International Inc. (U.S.), Alcatel-Lucent (France), Northrop German Corporation (U.S.), and Motorola Solutions Inc. (U.S.) are major key player of the public safety solutions for smart cities market that are likely to contribute significantly to its health.
An in-depth knowledge of the market aids in understanding the growth opportunities of the market.Regional OutlookRegionally, the public safety solution for smart city market growth pattern has been studied in Asia Pacific, North America, Europe, and Rest-of-the-World (RoW).
Here we have rounded up some valuable insights.)
The right HA server offers maximum uptime and minimum processing latency.
That’s why HA servers are useful for the banking and financial institutions and the retail sector.
This has brought a great boom in the global markets of high availability servers.
According to a report published by Transparency Market Research in 2017, the global high availability server market can expand at a strong CAGR of 11.7% from 2017 to 2025.
According to some studies, the continent will be continued to be on the top user until 2026.
Global Chikungunya Fever Market - OverviewChikungunya fever is a disease caused by mosquito bites.
The disease is transmitted via human to human by the bites of female mosquitoes that are infected.
As per the World Health Organization (WHO), the disease mostly occurs in Asian countries such as the Indian subcontinent and other African regions.
Request Sample Copy:https://www.marketresearchfuture.com/sample_request/4694Globally, more than 60 countries had reported Chikungunya fever cases for all regions including Africa continents, Americas, Europe, and Asia Oceanic.
According to the World Health Organization in 2016, there were 349 936 suspected with more than 146 914 laboratory confirmed cases of chikungunya reported to the (Pan American Health Organization) PAHO regional office.
Global Chikungunya Fever Market - Regional AnalysisThe global chikungunya fever market is divided into four regions namely Americas, Europe, Asia Pacific and the Middle East and Africa.The Americas dominate the global chikungunya fever market owing to a strong government support for research & development, high healthcare spending, and large patient population.
The growth sectors of the Optocoupler IC Market are identified with precision for a better growth perspective.Regional AnalysisThe geographic analysis of the global optocoupler IC market has been done for North America, Europe, Asia-Pacific, the Middle East & Africa, and South America.The North American market has been segmented into the US, Canada, and Mexico.
The growth of the market in North America can be attributed to the high concentration of market players and the easy availability of proficient technical expertise in the region.
In the US, 40% of the population uses wireless headphones on portable devices, and the number is expected to increase in the coming future.
The European market has been divided into the UK, the Netherlands, Germany, France, and the rest of Europe.
The regional market has been classified as China, Japan, India, South Korea, and the rest of Asia-Pacific.
The country is witnessing a rise in the adoption of wireless speakers and wireless microphones by the security & defense industry for safety applications.
Market HighlightsGlobal Optocoupler IC Market size is expected to grow from USD 1.86 Billion in 2020 to USD 2.55 Billion by 2027, at a CAGR of 6.5% during the forecast period.
Factors such as an increase in demand for electric and hybrid vehicles, rising demand for factory automation systems, and growth in the consumer electronics industry are expected to drive the demand for optocoupler ICs across the globe.On the basis of type, the market has been segmented into high linearity optocouplers, high-speed optocouplers, logic output optocouplers, MOSFET output optocouplers, transistor output optocouplers, TRIAC & SCR output optocouplers, and others.
The high-speed optocouplers segment dominated the market in 2020; this segment is expected to register the highest CAGR during the forecast period from 2020 to 2027.On the basis of a pin, the market has been segmented into 4-pin, 5-pin, 6-pin, and 7-pin.
In 2018, the 4-pin optocouplers were estimated to hold the largest market share; however, the 7-pin optocouplers are expected to register the highest CAGR during the forecast period.On the basis of vertical, the market has been segmented into automotive, aerospace & defense, solar, consumer electronics and others.
The consumer electronics segment dominated the market in 2020, however, the automotive segment is expected to register the higher CAGR during the forecast period from 2020 to 2027.Request a Free Sample @ https://www.marketresearchfuture.com/sample_request/8668Key PlayersThe key players in the Optocoupler IC Market are identified across all the major regions are Renesas Electronics Corporation (Japan), Toshiba Corporation (Japan), Semiconductor Components Industries LLC (US), Broadcom Inc (US), Vishay Intertechnology, Inc (US), Lite-On Technology Inc (Taiwan), Taiwan Semiconductor Mfg.
Co. Ltd. (Taiwan), Everlight Electronics Co., Ltd. (Taiwan), Infineon Technologies AG (Germany), IXYS Corporation (US), Panasonic Corporation (Japan), Phoenix Contact (Germany), Sharp Corporation (Japan), Standex Electronics, Inc (US) and TT Electronics (UK).
Infrastructure as a Service (IaaS) MarketThe detailed report published by Market Research Future (MRFR) projects that the global infrastructure as a service market is marked to exhibit remarkable expansion at a CAGR of 23% during the forecast period from 2017 to 2023.
The global infrastructure as a service market is also anticipated to reach the market valuation of USD 59 Bn by the end of the review period.
Rapid industrialization, increased adoption of cloud computing in various industrial sectors, increased reliance on cloud-based solutions as a result of improved data security and incorporation of data encryption feature, easy adoption of technologically advanced solutions, and increasing availability of reliable platforms that provide infrastructure as a service are majorly propelling the growth of the global infrastructure as a service market during the assessment period.Global Infrastructure As A Service Market: Segmental AnalysisThe global infrastructure as a service (IaaS) market has been segmented on the basis of the solution, deployment type, end-user, and verticals.
Based on solution, the global infrastructure as service market has been segmented into managed hosting services, storage as a service, network management, high-performance computing as a service, disaster recovery as a service, and content delivery services.
Among these, the storage as a service segment has been sub-segmented into network attached storage and storage area network-based storage.
Based on deployment type, the global infrastructure as a service market has been segmented into public cloud, private cloud, and hybrid cloud.
