DUBLIN--(BUSINESS WIRE)--Jun 6, 2018--The "Public Safety Analytics Market by Component (Solution and Service), Analytics Type (Predictive, Prescriptive, and Descriptive), Application, Deployment Mode (On-premises and hosted), Industry Vertical, and Region - Global Forecast to 2022" report has been added to ResearchAndMarkets.com's offering.

The global public safety analytics market size is expected to grow from USD 5.22 Billion in 2017 to USD 11.29 Billion by 2022, at a Compound Annual Growth Rate (CAGR) of 16.7% during the forecast period.

The rise in criminal activities and terrorist attacks has led to the introduction of data analytics in public safety solutions and services, with an objective to make them ultra-efficient.

The identity analytics solutions segment is expected to dominate the public safety analytics market and is estimated to contribute a largest market share in 2017.

The social media analytics solutions segment is expected to play a key role in changing the market landscape and grow at the highest CAGR during the forecast period, the rise in the social media analytics platforms could be attributed to the rapid adoption of social media analytics solutions among organizations to prevent citizens from emergencies, such as fire, overcrowding, criminal activities, and natural calamities.

Market Dynamics

Drivers

Increasing Direct Threats to National Security and Public Safety Rising Investments in Smart City Initiatives Growing Adoption of IoT and Connected Devices for Public Safety

Restraints

Budget Constraints in Adopting Public Safety Analytics Services

Opportunities

Proliferation of Hosted Public Safety Analytics Solutions and Services Introduction of ML/AI-Based Public Safety Solutions and Services

Challenges

Lack of Awareness of Public Safety Analytics Solutions and Services

Key Topics Covered

1 Introduction

2 Research Methodology

3 Executive Summary

4 Premium Insights

5 Market Overview and Industry Trends

6 Public Safety Analytics Market, By Component

7 Public Safety Analytics Market, By Analytics Type

8 Market By Application

9 Market By Deployment Mode

10 Public Safety Analytics Market, By Industry Vertical

11 Public Safety Analytics Market, By Region

12 Competitive Landscape

13 Company Profiles

Cisco ESRI Haystax Hexagon Hitachi Vantra IBM NEC Nice Systems SAP SAS Splunk Verint Systems

For more information about this report visit https://www.researchandmarkets.com/research/t5958h/public_safety?w=4

View source version on businesswire.com:https://www.businesswire.com/news/home/20180606006154/en/

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SOURCE: Research and Markets

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PUB: 06/06/2018 01:29 PM/DISC: 06/06/2018 01:29 PM

http://www.businesswire.com/news/home/20180606006154/en