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Thursday, July 8, 2021

Security Orchestration Automation and Response (SOAR) Market Trends, Size, Strategy, Applications Analysis and Growth by Forecast to 2027

Market Analysis

The global security orchestration automation & response market will touch USD 2,027.2 million at a 14.6% CAGR during the forecast period 2020- 2027, states the latest Market Research Future (MRFR) analysis. Security orchestration automation and response (SOAR) allows organizations in collecting data from different sources and responding to safe operations from one single system sans human assistance to deal with the changing threat environment. SOAR allows various solutions in integrating with one another and automating tasks in production with the help of workflows for managing security threats and preventing further network attacks.

Various factors are fuelling the global security orchestration automation and response market growth. As per the recent MRFR market estimates, such factors include the growing digitization resulting in rising vulnerabilities in data security, the need to improve detection and response activities across verticals, growing demand from various verticals like IT and telecommunications and BFSI, rising number of false alerts, and the rising digitization. The additional factors propelling market growth include the necessity to manage cyber threats, the need for improving detection and response activities, and technological advances.

On the contrary, the impact of the COVID-19 impact, lack of awareness regarding SOAR and lack of security operation handlers may limit the security orchestration automation & response market growth over the forecast period.

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Market Bifurcation

The Market Research Future report throws light on an inclusive segmental analysis of the global security orchestration automation and response market based on vertical, organization size, application, and component.

By component, the global security orchestration automation and response market is segmented into services and platform. The services segment is again segmented into managed services and professional services. Of these, the service segment will lead the market over the forecast period.

By application, the global security orchestration automation and response market is segmented into compliance management, threat intelligence, network forensics, security operations center (SOC) optimization, and others. Of these, the threat intelligence segment will dominate the market over the forecast period.

By organization size, the global security orchestration automation and response market is segmented into large enterprise and small and medium sized enterprise (SME).

By vertical, the global security orchestration automation and response market is segmented into retail, healthcare, energy and utilities, government, IT and telecom, BFSI, and others.

Regional Analysis

By region, the global security orchestration automation and response market covers the recent trends and growth opportunity across Europe, the Asia Pacific (APAC), North America, South America, and the Middle East and Africa (MEA). Of these, North America will rule the market over the forecast period. Companies making heavy investments in research and development activities, technological advances in security orchestration and automation, increasing adoption of digital transformation to support large volumes of critical data, the presence of well-established and sustainable economies, and the presence of key players are adding to the global security orchestration automation and response market growth in the region.

In Europe, the global security orchestration automation and response market is predicted to hold the second-largest share over the forecast period. Rising need among enterprises across verticals coupled with the managed security service providers to comply with the government imposed regulations are adding to the global security orchestration automation and response market growth in the region.

In the APAC region, the global security orchestration automation and response market is likely to have admirable growth in the forecast period for the rising adoption of SOAR for security incident and response, security orchestration and automation, and threat intelligence.

Key Players

The key players profiled in the global security orchestration automation and response market report include Security (US), EclecticIQ (Netherlands), ATAR Labs (Europe), Siemplify (US), Exabeam (US), Tufin (Israel), Resolve Systems (US), Ayehu Software Technologies Ltd. (US), D3 Security (US), CyberSponse (US), Cyberbit (Israel), ThreatConnect (US), DFLabs (Italy), LogRhythm, Inc. (US), Splunk Inc. (US), Rapid7 (US), Palo Alto Networks (US), Swimlane, LLC (US), FireEye Inc. (US), IBM Corporation (US), and Cisco Systems, Inc. (US), among others.

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https://www.articletrunk.com/procurement-as-a-service-market-outlook-and-future-scope-analysis-and-forecast-till-2027/

https://www.techsite.io/p/2372488

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Wednesday, July 7, 2021

Procurement as a Service Market Outlook and Future Scope Analysis and Forecast Till 2027

Overview

The procurement as a service market is projected to grow at a CAGR of 8.9% during the forecast period. As per the procurement as a service market research report, the global market for procurement as a service is projected to grow swiftly by US$9 billion by 2027. According to analysts, increasing dependence on the e-procurement as well as pan-industry applicability will drive the market growth during the forecast period. The procurement as a service market research report offers a comprehensive analysis of the global procurement as a service market and its organization size, vertical, and components segments. The high competition along with lack of information and awareness among SMEs and large enterprises are the elements that could influence the procurement as a service market advancement throughout the forecast period. The procurement as a service market research report by expert analysts is developed to assist organizations in the procurement as a service market.

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Market Segmentation

The global procurement as a service market has been segmented based on organization size, vertical, and components. On the basis of organization size, the market for procurement as a service is segmented based on large enterprises and SMEs. Additionally, the market on the basis of vertical, is segmented into government & defense, healthcare, IT & telecom, manufacturing, retail, BFSI, and others. The global market for procurement as a service is also covered based on components segment which is further split into category management, process management, spend management, transaction management, and strategic sourcing.

Major elements such as reluctance to change could obstruct the procurement as a service market growth. However, according to the procurement as a service market research report, unique solutions for all business verticals along with dynamic economic landscape will propel growth throughout the forecast period. The procurement as a service market is set to register growth at a high CAGR owing to these key factors. The exploration of organization size, vertical, and components segments along with regional markets has been given in the global procurement as a service market research report. The research analysts studying the procurement as a service market have put out market forecasts in the procurement as a service market research report in order to support procurement as a service market-based companies. The procurement as a service market research report provides an extensive understanding of the procurement as a service market based on the information and forecasts till 2025.

Regional Overview

North America, Europe, Asia Pacific and the rest of the world regional market for procurement as a service are predominantly covered in the global procurement as a service market research report. Country-level procurement as a service markets spread across North America – the United States, Canada, and Mexico are also covered in the report. In South America – Brazil and other country-level procurement as a service markets are covered in the report. In Asia-Pacific (APAC) region, the country-level procurement as a service markets covered are Japan, India, China, and others. The procurement as a service market research report also explores the regional market for procurement as a service present in Europe in the United Kingdom, France, Italy, Spain, and Germany, etc. The procurement as a service market research report also covers regional markets from the rest of the world alongside procurement as a service markets of Africa and the Middle East.

Competitive Landscape

Demands across industry verticals and components are presumed to drive the procurement as a service market growth worldwide. The global procurement as a service market could be challenged by unorganized business processes across developing countries, nevertheless, organizations in the procurement as a service market will carry the growth rate forward. The procurement as a service market research report presents company profiles of major companies active in the procurement as a service market globally. Furthermore, the global procurement as a service market report offers an all-inclusive analysis of the market collected from the procurement as a service market’s primary and secondary sources covering both decision makers and thought leaders. The procurement as a service market research report highlights such key areas assisting businesses operating in the procurement as a service market to build better growth strategies.

Industry News

With an emphasis on President Biden's reopening order to support schools and early childhood education providers SDI Inc., which is a pioneer in digital supply chain services and solutions, is launching a mobile app to streamline the procurement process and complement its PES-as-a-service portfolio for personal protective equipment (PPE). The SDI-powered ZEUS technology allow users to display and order PPE and other critical supplies and enables support of both iOS and Android platforms.

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https://www.marketresearchfuture.com/reports/procurement-service-market-8293

https://qntjuo.prnews.io/288591-Global-TimeSensitive-Networking-Market-Share-Growth-Statistics-Competitor-Landscape-Key-Players-Analysis-Trends-and-Forecasts.html

https://freepressreleasedb.com/pr/Global-Contact-Center-Analytics-Market-Challenges-Size-Growth-Key-Vendors-Drivers-Trends-and-Forecast-to-2027-PR184438/

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Regulatory Technology Market Growth Rate, Future Forecast To 2027

Market Overview

The global regulatory technology market is garnering fabulous growing accruals. The market growth attributes to the growing acceptance of regulatory sandbox, focusing on financial regulations. There are lower entry barriers for cloud-based solutions in this market, which is an additional driving factor. Besides, the rising adoption of regulatory technologies in financial institutions to cope with the varying regulatory environment to reduce the risk of non-compliance escalates market growth.

Market Research Future (MRFR) asserts that the global regulatory technology market is poised to grow at 22.8% CAGR throughout the review period (2020–2027). Moreover, the advantages that regulatory technology offers to enterprises in strengthening compliance and mitigating risks drive the market growth, providing well-informed decisions about regulatory adherence. Risks associated with fraud in business operations is a key growth driver for the regulatory technology market.

COVID 19 lockdown has made building data- and technology-driven resilience much more pressing than before the crisis, prevailing work from home policies. Financial firms quickly adapted to significant changes during the pandemic, although not without some operational and technology weaknesses emerging. After several months of working from home, financial risk, and regulatory compliance professionals with no clear end in sight, struggle to collaborate with their teams.

Conversely, the lack of skilled expertise is a major factor forecasted to impede the growth of the market. Also, the initial investment required to implement regulatory solutions acts as a hurdle to market growth. Nevertheless, the rapidly growing trend of cloud platform adoption would support market growth throughout the assessment period. Also, growing numbers of businesses would accelerate the growth of the market. Moreover, stringent regulations and compliance by legal authorities boost the growth of the market.

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Segments

The report is segmented into four dynamics;

By Application : Risk & Compliance Management, Regulatory Intelligence, Fraud Management, Regulatory Reporting, Identity Management, and others.

By Deployment Mode : On-Premises and Cloud-based.

By Organization Size : Small-to-Medium-Sized Enterprises (SMEs) and Large Enterprises.

By Region : Americas, Europe, APAC, and the Rest-of-the-World.

Regional Analysis

North America dominates the global regulatory technology market. The largest market share attributes to the presence of several notable players and technology development centers boosts market growth, allowing the early adoption of futuristic risk tracking technologies. Besides, the increasing demand for risk & compliance and fraud management solutions to protect critical information drives the growth of the regulatory technology industry.

The US accounts for 80%-85% share in the regional market due to the rising government efforts to push the adoption of cloud technologies. The North American regulatory technology market is expected to retain its dominance throughout the forecast period.

Europe stands second in the global regulatory technology market. Various start-ups are being set up in this region and are giving a boost to their market share. Additionally, technological advances and market proliferation of regulatory intelligence management support the regulatory technology market growth. Also, the market is fostered by the increasing adoption of cloud-based solutions and digitalization.

Also, well-established infrastructures in the region influence the regional market growth, allowing a favorable environment for developments and early adoption of technologies. The European regulatory technology market is estimated to grow at the highest CAGR during the assessment period.

The Asia Pacific regulatory technology market is growing rapidly. Factors such as increasing numbers of businesses in APAC countries such as China, South Korea, Japan, and India substantiate the regional market growth. Moreover, the augmenting demand for the deployment of regulatory technology technologies increases sales in the market.

Simultaneously, massive demand for advanced solutions that can provide comprehensive support and real-time access to data increases the market size. The APAC regulatory technology market is projected to create a substantial revenue pocket during the review period.

Competitive Analysis

Highly competitive, the global RegTech market appears fragmented due to the presence of many well-established players. To gain a significantly larger competitive share, major players incorporate strategic initiatives such as collaboration, mergers & acquisitions, expansion, and product/technology launch. These technology providers invest substantially in the development of novel technologies and upgrades. Industry players focus on optimized situational awareness for customers to ensure their mission success.

Major Players:

Players leading the RegTech market include International Business Machines Corporation (US), Deloitte Touche Tohmatsu Limited (US), London Stock Exchange Group plc. (UK), PWC (UK), NICE (Israel), Thomson Reuters Corporation (US), Compliance Solutions Strategies (US), Bwise (Netherland), Lomabard Risk (UK), Abside Smart Financial Technologies SL (UK), Infrasoft Technologies Ltd. (India), Fintellix Solutions (India), NetGuardians Inc. (Switzerland), OpusDatum Ltd. (UK), Alto Advisory (Luxembourg), Suade Labs (UK), Clausematch Ltd. (UK), Signzy (India), Onfido (UK), CUBE (UK), Trunomi (UK), Elliptic (UK), and ComplyAdvantage (UK), among others.

Industry/ Innovation/ Related News:

September 21, 2020 ---- The Australian Prudential Regulation Authority (APRA) and the Australian Competition and Consumer Commission (ACCC) announced the signing an updated Memorandum of Understanding (MoU) designed to foster closer collaboration between the two regulators. The two regulators had a strong working relationship, founded on a common focus of supporting a safe, competitive, and efficient financial system.

The new MoU would enable both agencies to broaden the engagement model, emphasizing proactive information sharing and collaboration, increasing transparency further. The agreement would further strengthen the collaboration between the two Agencies, who have worked closely together during the COVID-19 pandemic issues, including resolution planning and authorizations on anti-competitive arrangements in the financial system.

Browse Complete Report @ https://www.marketresearchfuture.com/reports/regulatory-technology-market-7343

https://www.articletrunk.com/global-time-sensitive-networking-market-share-growth-statistics-competitor-landscape-key-players-analysis-trends-and-forecasts/

https://www.techsite.io/p/2369063

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Sales Performance Management Market Competitive Dynamics, Size, Overview, Share and Global Outlook till forecast 2027

Market Synopsis

According to MRFR, the global sales performance management market is expected to grow at a CAGR of 16.6% during the forecast period and reach USD 9.34 billion by 2027.

Market Highlights

The demand for sales performance management has begun to develop over the past few years and a substantial growth rate is anticipated in the coming years. Sales performance management supports retail, banking and financial services, manufacturing, IT and telecommunication, and other sectors in their revenue fuctionality.

The major factors contributing to the growth of the market are the growing adoption of Bring-your-own-devices (BYOD) by companies and the the demand for improved channel and efficiency of sales. The other considerations are the need for metrics based sales tools, and the need for process experience and channel performance indication. The limited knowledge of the tools for sales performance management is proving a constraint to this market. An opportunity for such solutions is the increasing incorporation of integrated platforms/products into enterprise sales functions.

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Segmentation

The global market for sales performance management is segmented into part, mode of delivery, size of organization, vertical and region / country.

The global sales performance management is segmented by part into products and services. However, the Services section is divided into incentive compensation management, geographic management , business planning and tracking, market analytics and others. Furthermore, the Services segment is divided into consulting, implementation , training and support and management services.

The global monitoring of sales output is segmented into on-premises and cloud by delivery mode.

The global sales performance management is segmented by organizational size into small and medium-sized enterprises ( SMEs) and large corporations.

The global sales performance management is segmented vertically into telecommunications and IT; retail; health and pharmaceutical; manufacturing; banking, financial and insurance (BFSI); travel and hospitality; transport and logistics; and others.

Regional analysis

Sales performance management business regional research is examined for North America, Europe , Asia-Pacific and the rest of the world (including the Middle East, Africa , and Latin America).

North America is projected to have the largest market share during the forecast period amongst the regions listed. The high demand for sales performance management software from technologically advanced industries such as BFSI and Telecom and IT in North America is expected to raise the market size. Europe is expected to follow North America, in terms of market size. The increasing demand for better distribution channel and company results in Europe, as well as the growth of numerous US-based sales performance management software companies in Europe, are key reasons for Europe's second-largest market share. Asia Pacific is projected to have the highest growth rate as demand is expected to increase by 16.2 per cent over the 2018 to 2023 forecast period above the global CAGR. Emerging countries such as India and China are increasingly driving the sales performance management market across various sectors including BFSI, IT and Telecom, manufacturing, and retail. Rest of the World — Latin America and Middle East & Africa are projected to give vendors various opportunities as sales success management systems are yet to be implemented in most countries.

Competitive Dynamics

Some of the major players are Salesforce.Com, Inc. (US), SAP AG (Germany), Synygy, Inc. (US), Xactly Corporation (US), Oracle Corporation (US), IBM Corporation (US), Callidus Software, Inc. (US), Microsoft Corporation (US), Axtria Inc. (US), Optymyze (US), Iconixx Corporation (US), Nice Systems Ltd. (US), Anaplan, Inc. (India), and Performio Solutions Inc. (US). The major strategies adopted by most of the players are collaborations, partnerships and agreements, and new product releases.

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Read More

https://www.techsite.io/p/2369080

https://www.spoke.com/topics/global-real-time-bidding-market-company-profiles-industry-segments-covid-19-analysis-landscape-and-demand-60e4541a2433fa61fe002e22

https://qntjuo.prnews.io/288593-Global-RealTime-Bidding-Market-Company-Profiles-Industry-Segments-COVID19-Analysis-Landscape-and-Demand.html

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Property Management Market Business Overview, Challenges, Opportunities, Trends and Market Analysis By 2027

Property Management Market Analysis

The property management market will touch USD 21.4 billion at a 7.3% CAGR in the forecast period 2020- 2027, as per the new Market Research Future (MRFR) analysis. Property management, simply put, is a software application tool which helps real estate accountants, property owners, property managers, and other stakeholders to efficiently manage rental properties. These properties comprise residential and commercial spaces that are managed on the owner’s behalf by the property manager. It helps to streamline daily tasks of property managers thus reducing the overall cost and time invested to manage the real estate business.

Various factors are fuelling the global property management market size. As per the recent MRFR market estimates, such factors include the growing adoption of SaaS model for property management, developing inclination towards workplace mobility, rising demand for outsourcing services, increasing investment in different technologies worldwide, introduction of cloud-based deployment model, and increasing need to efficiently manage property portfolios among property managers.

On the contrary, impact of the COVID-19 outbreak, lack of skilled professionals and budget limitations for technological solutions may limit the global property management market share over the forecast period.

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Market Segmentation

The MRFR report throws light on an inclusive segmental analysis of the global property management market based on end user, application, deployment, and component.

By component, the property management market is segmented into services and solution. The service segment is again bifurcated into training and maintenance services, consulting services, and integration services. Of these, the solution segment will lead the market over the forecast period.

By deployment, the property management market is segmented into cloud-based solution and on-premise. Of these, the cloud-based solution will dominate the market over the forecast period.

By application, the property management market is segmented into commercial and residential. The commercial segment is again bifurcated into office spaces, hospitality, retail, and others. Of these, the commercial segment will spearhead the market over the forecast period.

By end user, the property management market is segmented into housing association and property manager/agent. Of these, the property manager will have the lions share in the market over the forecast period.

Regional Analysis

By region, the global property management market covers the recent trends and growth opportunity across Europe, the Asia Pacific (APAC), North America, South America, and the Middle East and Africa (MEA). Of these, North America will remain the driving force in the market over the forecast period. Increasing housing development, growing investments by real-estate agents in different advanced technologies, the growing demand for property management solutions among property managers in Mexico, Canada, and the US, the surge in e-commerce, and the growing investments by key players are adding to the global property management market growth in the region.

In Europe, the property management market is predicted to hold the second-largest share over the forecast period. Growing focus of regional players towards advance software is adding to the global property management market growth in the region. The UK holds the utmost market share followed by France and Germany.

In the APAC region, the property management market is predicted to grow at a fast pace over the forecast period. The growing investment by property managers and property management firms in different technologies like electronic lease, accounting and bookkeeping, electronic payment solution, property management software, and others are adding to the global property management market growth in the region. Besides, increasing middle-class population in Indonesia, India, and China, developing hotel, retail, and logistics industry, technological advances, and the booming e-commerce industry are also adding market growth.

The property management market in South America and the MEA is predicted to have sound growth over the forecast period.

Key Players

The notable players profiled in the global property management market report include Chetu Inc., Spacewell, Accruent, RealPage, Inc., Trimble Inc., SAP, Oracle, IBM, AppFolio, Inc., Yardi Systems, Inc., Buildium, MRI Software LLC, Rosmiman Software Corporation, Re-Leased Software Company Ltd, and Skyline Property Management, among others.

Industry Updates

March 2021- MultiLiving has launched Propel app which is an end-to-end property management application for homeowners.

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https://freepressreleasedb.com/pr/Global-Real-Time-Bidding-Market-Company-Profiles-Industry-Segments-COVID-19-Analysis-Landscape-and-Demand-PR184440/

https://www.articletrunk.com/global-real-time-bidding-market-company-profiles-industry-segments-covid-19-analysis-landscape-and-demand/

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Proactive Security Market Segmented By Application and Geography Trends, Growth and Forecast To 2027

Market Overview

Market Research Future (MRFR), in its newly released research report, asserts that the global proactive security market 2020 is flourishing and expected to grow significantly over the review period, recording a substantial market valuation and a healthy 16.4% CAGR in the forecast period.

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Drivers and Restraints

The proliferation of IoT, smart mobile devices and developments such as BYOD has increased the number of connected devices in companies, resulting in the need for a proactive protection program to be in place. A more significant number of connected devices in the IT infrastructure contributes to vulnerabilities. And a growing number of businesses opt for proactive security solutions over-reactive security solutions. The growing number, as well as the variety of cyberattacks, urged the companies to adopt proactive safety solutions. Additional factor leading to proactive security industry growth is the growing need to comply with strict data protection regulations. However, during the forecast period, the budgetary constraints for implementing proactive cybersecurity solutions are expected to restrict the market growth. Growing adoption of cloud-based applications across verticals and the rising pattern of corporate digital transformation provide lucrative opportunities for crucial proactive security providers in the global marketplace. A small number of trained cybersecurity professionals are facing a challenge on the market.

Segmental Analysis

The global market for proactive security has been analyzed on the basis of component, organization size, and vertical.

Based on the component, the global proactive security market has been divided into solutions and services. The solutions segment has been segmented into security monitoring and orchestration, risk and vulnerability management, security analytics, attack simulation, and advanced malware protection. The services segment has been bifurcated as professional services and managed services.

Based on organization size, the proactive security market has been bifurcated into small- and medium-sized enterprises (SME) and large enterprises.

Based on vertical, the global proactive security market has been segmented into IT and telecommunication, banking, financial services, and insurance (BFSI), healthcare and life sciences, retail and e-commerce, government and defense, manufacturing, energy and utilities, and others.

Regional Analysis

The geographical overview of the global market has been conducted in four major regions, including North America, Europe, the Asia Pacific, Latin America, the Middle East, and Africa.

However, during the forecast period, the budgetary constraints for implementing proactive cybersecurity solutions are expected to restrict the market growth. Growing adoption of cloud-based applications across verticals and the rising pattern of corporate digital transformation provide lucrative opportunities for crucial proactive security providers in the global marketplace. A small number of trained cybersecurity professionals are facing a challenge on the market.

Europe is projected to be the second-largest market during the analysis period due to the growing need for businesses to protect data confidentiality and comply with strict regulations. In the forecast period, Asia-Pacific is projected to be the fastest-growing region in the global proactive protection sector. The upsurge in the adoption of proactive security services among small and medium-sized enterprises and the growing adoption of cloud-based security solutions are critical drivers for the growth of the Asia-Pacific proactive safety market.

Competitive Landscape

The significant market players operating in the global market as identified by MRFR are IBM Corporation (US), Altran (France), Corvil (Ireland) Cisco Systems Inc. (US), Palo Alto Networks, Inc. (the US), Securonix, Inc. (the US), LogRhythm, Inc. (the Netherlands), Rapid7 ( US), Symantec Corporation (US), FireEye, Inc. (the US), McAfee, LLC (US), Oracle Corporation (US), CyArx Technologies LTD (US), AT&T (US), and FUJITSU (Japan). The key schemes implemented by most of the players are agreements, partnerships, and collaborations.

The other players in the proactive security market are Trustwave Holdings, Inc. (US), Skybox Security, Inc. (the US), Swimlane LLC. (US), Splunk Inc. (US), Centrify Corporation (US), ThreatConnect Inc. (US), RSA Security LLC. (US), FireMon, LLC. (US), DEMISTO (US), CyberSponse, Inc. (US), Qualys, Inc. (the US), and others.

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https://www.techsite.io/p/2369096

https://www.spoke.com/topics/gpu-database-market-receives-a-rapid-boost-in-economy-due-to-high-emerging-demands-by-forecast-to-2027-60e454e72433fa61fe00fbfa

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Public Safety Analytics Market Growth Rate, Future Scope, Analysis, Business Development and CAGR To 2027

Market Dynamics

As per the report by MRFR, the global public safety analytics market is slated to generate a market value of USD 11.75 billion by 2027 growing at a 16.22% CAGR during the review period (2020–2027)

Market synopsis

Public safety 's primary function is to protect all elements of society by improving the decision-making process of public safety agencies, providing them with useful insights from the data collected. These elements include economics, critical infrastructure and citizens alike. Public safety reports provide data collection from different branches of public safety, including police, traffic branches, emergency management, and neighborhood security organizations. The data collected from various internet sources , such as social media sites, also help public security agencies to extract large amounts of data and convert it into useful analytics using different analytical techniques such as descriptive, prescriptive, and predictive analytics. Main driver for the growth of the public safety analytics market is the rising incidence of illegal activity and terrorist threats that has resulted in the agencies embracing data analytics as a solution for public safety to obtain valuable insights from the data collected. This allows law enforcement agencies to gain actionable insights from the data needed for crime prevention and public safety. Advances in business intelligence also help public safety agencies make predictions, using real-time data stream analytics and machine learning to build on historical data.

Reducing and stopping crime is a big challenge for law enforcement agencies to step up public safety, Reduces the costs of crime to society and prevents harm to public property. Public security agencies generate tremendous amounts of data from different sources such as criminal records, social media platforms, and data from investigations. The shift of public safety analytics toward integrating predictive and preventive analytics helps to predict future crimes in crime analysis from historical data.

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Segmentation

The Global Market Study of Public Safety Analytics aims at various segments, such as component, type of analysis, type of deployment, application, vertical, region and estimate of market growth across these segments

The market is segmented by component into solution and service. The Solution segment is further segmented into Video Analytics, Social Media Analytics, Identity Analytics, Sensor Data Analytics, Others (Speech Analytics, Text Analytics, and Crowd Analytics), and the Services segment is further segmented into System Integration, Support and Maintenance, Consulting, Managed Services.

The market is segmented by type of analytics into predictive analysis, prescriptive analytics, descriptive analytics.

The market is segmented by form of delivery into on-premise and cloud.

The market is segmented by application into pattern recognition, accident detection, interest individual screening, and surveillance.

The market is segmented vertically into law enforcement and intelligence agencies, border protection, security of public transportation, essential security of infrastructure and others (manufacturing and emergency services).

Regional Outlook

It is estimated that the global market for public safety analytics will grow at a significant rate during the 2020-2027 forecast period. For North America, Europe, Asia-Pacific, and the rest of the world, geographic analysis of the public safety analytics market is being studied.

North America is expected to dominate the public safety analytics market because of the involvement of major suppliers of public safety solutions and advanced monitoring technologies found in countries like the US and Canada. That is expected to boost market growth in this region. Asia-Pacific is projected to be the region with the highest growth over the forecast period due to increasing investments in smart city projects that have led to public safety analytics solutions being adopted.

Key players

The public safety analytics market comprises vendors which provides security evaluation services across the globe. The companies include Hexagon (Sweden), Verint Systems (US), IBM (US), Cisco (US), SAP (Germany), Esri (US), SAS (US), NEC (Japan), Nice Systems (Israel), Splunk (US), Hitachi Vantara (US), Haystax (US) and among others.

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https://qntjuo.prnews.io/288597-HighPerformance-Computing-HPC-as-a-Service-Market-Segments-Trends-Size-Strategy-Applications-Analysis-and-Growth-by-Forecast-to-2027.html

https://freepressreleasedb.com/pr/GPU-Database-Market-Receives-a-Rapid-Boost-in-Economy-due-to-High-Emerging-Demands-by-Forecast-to-2027-PR184441/

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shweta's collections blog

Thursday, July 8, 2021

Security Orchestration Automation and Response (SOAR) Market Trends, Size, Strategy, Applications Analysis and Growth by Forecast to 2027

Wednesday, July 7, 2021

Procurement as a Service Market Outlook and Future Scope Analysis and Forecast Till 2027

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