IoT for public safety market be gain $2045 Million by 2023
According to a new market research report "IoT for Public Safety Market by Component (Platform, Solution, and Services), Application (Emergency Communication & Incident Management, Surveillance & Security, and Disaster Management), Vertical Market, and Region - Global Forecast to 2023" published by MarketsandMarkets™, the IoT for public safety market size expected to grow from USD 979.0 million in 2018 to USD 2,045.0 million by 2023, at a Compound Annual Growth Rate (CAGR) of 15.9% during the forecast period. The major driving factors of the IoT for public safety market are the rise in increasing national security and public safety threats and growing number of smart city projects driving the critical need for reliable public safety solutions and services.
In addition, increasing adoption of Machine Learning (ML) and Artificial Intelligence (AI)-based public safety solutions drive the market.
Read more
