Dublin, Aug. 15, 2023 (GLOBE NEWSWIRE) — The AI for Public Security and Safety Market Forecast to 2030 report has been added to ResearchAndMarkets.com’s offering.
The AI for public security and safety market is expected to experience exponential growth, projected to reach $71 billion by 2030, with a remarkable CAGR of 29.3% from 2023 to 2030. Factors fueling this growth include increasing terrorist activities and security threats, a growing need for security training and awareness, and rising demands from law enforcement and public safety agencies amid the COVID-19 outbreak.
AI’s Role in Public Safety
Artificial intelligence has revolutionized various industries, and public safety is no exception. From emergency response to disaster prevention, AI has the potential to transform crisis management and community protection. Advanced algorithms, machine learning, and predictive analytics empower first responders and public safety officials to make informed decisions, respond quickly to emergencies, and even prevent disasters. AI-powered drones can assess damage caused by natural disasters in real-time, enabling prioritized efforts and efficient resource allocation, saving lives and minimizing disaster impacts.
Predicting and Preventing Disasters
AI’s predictive capabilities are crucial in emergencies. Analyzing vast amounts of data, including weather patterns, geological activity, and infrastructure conditions, AI identifies potential risks and vulnerabilities. Public safety officials can then implement preventive measures, such as strengthening infrastructure, evacuation planning, and resource deployment before a disaster strikes.
Solution Segment Dominates
In the AI for public security and safety market, the solution segment holds dominance and is expected to continue its lead until 2030. AI-driven solutions address public safety concerns with innovation, from strengthening airport security and fighting crime to predicting natural disasters and tracking dangerous viruses. Hitachi, for instance, offers AI solutions using security cameras and video analytics to support plant operations and crime detection. Rising terrorist activities globally are expected to drive demand for AI solutions in public security and safety.
Segmentation and Key Players
The market is segmented based on application (preventative policing, criminal investigation, combating terrorism, emergency response, and disaster management), end-user (law enforcement agencies, federal intelligence and security), and component (solution and services). Geographically, it covers North America, Europe, Asia Pacific, the Middle East & Africa, and South America.
Key players in the AI for public security and safety market include Hexagon AB, AGT, ALE International, Atos SE, BAE Systems, Motorola Solutions, Inc., Elbit Systems Ltd., Ericsson, Honeywell International Inc., and Thales Group.
Market Dynamics and Future Trends
Market drivers include the growth of smart cities and developments in road traffic management, along with increasing terrorist activities and security breaches. However, high costs of public safety solutions and cyber risks pose restraints. Opportunities lie in digital transformation in security applications. Advancements in AI will continue to shape the future of the public security and safety market.
The AI for public security and safety market is set for significant growth, driven by the need for advanced security measures and AI-powered solutions in public safety applications. As technology continues to evolve, AI will play a critical role in ensuring public safety and protecting communities worldwide.
|No. of Pages
|2022 – 2030
|Estimated Market Value (USD) in 2022
|Forecasted Market Value (USD) by 2030
|Compound Annual Growth Rate
Key Topics Covered
2. Key Takeaways
3. Research Methodology
4. AI for Public Security and Safety Market Landscape
5. AI for Public Security and Safety Market – Key Market Dynamics
6. AI for Public Security and Safety Market – Global Analysis
7. AI for Public Security and Safety Market Analysis – By Application
8. AI for Public Security and Safety Market Analysis – By End User
9. AI for Public Security and Safety Market Analysis – By Component
10. AI for Public Security and Safety Market – Geographic Analysis
11. Impact of COVID-19 Pandemic on Global AI for Public Security and Safety Market
12. Industry Landscape
13. Company Profiles
A selection of companies mentioned in this report includes:
- Hexagon AB
- Atos SE
- Motorola Solutions Inc.
- Honeywell International Inc.
- Hitachi Ltd.
- Veritone Inc.
- International Business Machines Corp.
- XenonStack Pvt. Ltd.
- Voyager Labs Ltd.
- Thales SA
For more information about this report visit https://www.researchandmarkets.com/r/83mced
ResearchAndMarkets.com is the world’s leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.
A Fond Farewell: Memories to Treasure from MWC 2024
HONG KONG, March 4, 2024 /PRNewswire/ — As IPLOOK reflects on its successful participation in MWC 2024, the company is left with countless memories, insights and opportunities that will continue to inspire its team long after the event has ended.
IPLOOK’s Impressive Showing
IPLOOK’s booth was a hub of activity throughout the 4-day event, drawing in crowds of attendees eager to learn more about IPLOOK’s innovative core network solutions. Some of the key achievements and gains for IPLOOK at MWC 2024 included:
Strong partnerships forged: IPLOOK nailed several new partnerships with leading telecom companies, expanding its reach and impact in the industry.Positive industry coverage: IPLOOK’s presence at MWC 24 attracted the attention of industry research outlets, resulting in conversations highlighting IPLOOK’s leading position in core network market, ability of innovation and integration capability of space, air and ground communications.Brand awareness increased: The event provided an excellent opportunity for IPLOOK to raise its profile and establish itself as a leader in the core network market. Its booth attracted a number of visitors who were already aware of its role as a core network expert, eager to explore the advancements presented by IPLOOK.Valuable feedback received: IPLOOK took the opportunity to gather feedback from attendees on its products and services, which will be invaluable in driving IPLOOK’s future product development and improvements.Innovations that Stole the Show
This year’s MWC, as per its theme “Future First”, was a testament to the power of technology to transform our future life. Attendees were treated to demonstrations of the latest innovation in AIGC, AI-RAN, Open Gateway, and 6G, showcasing how these technologies can revolutionize industries and improve people’s lives.
What’s Next for IPLOOK?
As IPLOOK sets its sights on the horizon, the company is energized by the prospect of deepening connections within the telecom ecosystem and discovering the groundbreaking advancements that lie ahead at MWC’s next chapter. With a steadfast dedication to product innovation, IPLOOK will also journey to key industry events like MVNOs World Congress and AfricaCom, forging new paths into uncharted markets and showcasing its unwavering commitment to the evolution of the telecom landscape.
Contact: [email protected] IPLOOK on LinkedIn @IPLOOK Networks
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Mobica Appoints Gary Butters as CEO, Building on Success and Fuelling Continued Growth
LONDON, March 4, 2024 /PRNewswire/ — Mobica, the global software and engineering provider, has announced Gary Butters as their Chief Executive Officer (CEO).
Gary joined Mobica as Chief Revenue Officer (CRO) in November 2020 and as part of outgoing CEO Sam Kingston’s leadership team, delivered significant success, leading to Mobica’s acquisition by Cognizant in March 2023.
This acquisition will significantly expand Cognizant’s IoT embedded software engineering capabilities as part of their overall strategy to help companies modernise technology, reimagine processes and transform experiences so they stay ahead in a fast-changing world.
Gary takes over the role with the remit to complete the integration of Mobica into Cognizant while continuing to deliver double-digit growth.
Mobica, which is headquartered in Manchester UK, with operations in Europe and the US, provides world-class software engineering and development expertise to many of the most recognised global brands. Founded in 2004, it serves a number of sectors, with particular expertise in the automotive, manufacturing, industrial and semiconductor industries.
In his role as CEO, Gary will continue Mobica’s vision of delivering exceptional value and innovation to it’s clients and customers, while spearheading its growth plan as demand for engineering and software expertise continues to rise.
Commenting on his appointment, Gary says:”Over the past few years, Mobica has seen demand for our world-class engineering increase significantly, particularly with the acceleration in AI and machine learning. This has seen some of the once ‘traditional’ industries such as automotive and manufacturing undergo a radical transformation.
“As a result, companies are increasingly seeking skilled professionals – particularly in areas such as software development, AI, IoT, and data analytics – in order to stay competitive and meet evolving customer expectations. However, they are vying for a limited pool of technology talent, so access to Mobica engineering services has been vital to enable our customers to remain agile in a rapidly evolving landscape.
“Our ongoing growth is a testament to our team of dedicated ‘Mobicans’ and our unwavering dedication to delivering cutting-edge software engineering solutions. We have consistently provided clients with access to top-tier engineering talent, enabling them to drive digital transformation and achieve their business objectives. I am looking forward to working with our talented team as we continue our ambitious growth plans.”
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Core to Cloud Partners with Cybersecurity Innovator SenseOn to Enable Comprehensive NDR and SIEM Security
New strategic arrangement allows organisations to monitor identity, endpoint, network and cloud-based activity to stop threats immediately.
CIRENCESTER, England, March 1, 2024 /PRNewswire/ — Core to Cloud, a leading provider of cybersecurity services and solutions, is excited to announce a strategic alliance with SenseOn, a renowned threat detection management platform. This collaboration will empower businesses to bolster their advanced NDR and SEIM operations and secure end-to-end platforms.
In today’s integrated digital landscape, businesses rely on various systems and third-party suppliers. The launch of SenseOn’s platform marks a significant leap forward in proactive threat detection and response, offering a comprehensive solution to combat sophisticated cyber threats. Organisations can identify, detect and respond to vulnerabilities in traditional blind spots. Core to Cloud’s partnership with SenseOn aims to address these challenges by offering a comprehensive and efficient solution for managing threat detection and response.
James Cunningham, CEO and co-founder of Core to Cloud, said: “We are excited to announce our partnership with SenseOn, allowing Core to Cloud to bring our clients a more robust and complete threat detection and management solution. With an ever-changing digital landscape, our clients must be able to detect and respond to any threats within their cyber estate. This partnership offers an all-encompassing approach to managing these risks.”
One of the critical features of this partnership is that the platform is built upon a foundation of Artificial Intelligence (AI) and Machine Learning (ML) technologies, meticulously designed to evolve alongside cyber threats. Leveraging its unique Deep Learning, SenseOn’s platform analyses vast and complex datasets, providing real-time threat detection, investigation, and autonomous response capabilities. This innovative approach and Core to Cloud’s cybersecurity expertise enables organisations to proactively address potential threats before they escalate, ensuring robust protection against evolving cyber-attacks.
SenseOn’s platform and Core to Cloud’s know-how empower security teams to navigate the complicated threat landscape efficiently. Intelligent automation streamlines incident response, allowing cybersecurity professionals to focus on strategic initiatives rather than routine tasks.
David Atkinson, CEO and Founder of SenseOn, added: “We are excited to announce a pivotal moment in SenseOn’s journey with establishing a strategic channel partnership with Core to Cloud. This collaboration is more than a partnership; it’s an alliance that leverages the strengths of both companies to propel us towards growth. By combining SenseOn’s consolidated threat detection platform with Core to Cloud’s technical and service expertise, we are poised to deliver a new standard in cybersecurity solutions.”
Moreover, Core to Cloud and SenseOn are committed to ongoing collaboration and continuous improvement. As cybersecurity threats evolve, so do the strategies and tools to counter them. This collaboration is not just a one-time solution; it represents an ongoing commitment to enhancing the cybersecurity landscape for businesses of all sizes. Core to Cloud and SenseOn will continue to work together to develop new features, refine existing tools, and provide unparalleled support to our clients.
Core to Cloud’s partnership with SenseOn signifies a major step forward in cybersecurity. By combining expertise, technology, and a shared commitment to excellence, the two companies are paving the way for businesses to navigate the complex digital landscape confidently. Together, they empower businesses to protect their NDR, SEIM and end-to-end platforms.
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