Public-safety segment predicted to reach $22.3 billion in 2015

Posted by Courtney E. Howard

DALLAS, Texas, 15 Aug. 2011. Overall spending in the public-safety market is expected to grow from $15.2 billion in 2009 to $22.3 billion in 2015, achieving a CAGR of 6.5 percent from 2010 to 2015, predicts MarketsandMarkets (M&M) researchers in the company’s latest report: “Wireless Broadband in Public Safety-Advanced Technologies and Global Market (2010-2015). Total spending of $34.7 billion is also expected by the end of 2020, for a CAGR of 9.3 percent during 2015 to 2020.

With increasing terrorism across the globe and unanticipated natural disasters over the last decade, the public-safety application segment has emerged as a key market for wireless broadband technology providers, says an M&M representative.

The report “Wireless Broadband in Public Safety-Advanced Technologies and Global Market (2010 - 2015)” analyzes the wireless broadband in public-safety market, including current market trends, industry drivers, and challenges.

The security and safety of citizens and the public is an everyday issue, and vital actions are being taken across the globe to enhance public safety, continues a representative. The availability of real-time information and next-generation technologies and crisis and disaster mitigation will affect the public-safety market, whereas restraints, such as less funding in the public-safety domain and security threats, will have a high impact on the market in the short term.

M&M’s report includes discussions on:
Devices:
• Radio
• Handheld mobile computers
• Speaker microphones
• Netbooks
• Workstations
• Others

Services:
• Consulting
• Project management
• Design & integration
• Network deployment
• Operations & maintenance
• Others

Wireless Broadband Public Safety Applications:
• Incident scene management
• Personnel safety & location
• Video surveillance
• Automated vehicle locating
• Emergency medical telemetry
• GIS
• Mobile VPN access
• Workforce collaboration
• Document management & retrieval
• Others