Market Research Report
Europe Public Safety & Security Market Forecast 2019-2027
|Published by||Inkwood Research||Product code||496623|
|Published||Content info||123 Pages
Delivery time: 2-3 business days
|Europe Public Safety & Security Market Forecast 2019-2027|
|Published: April 23, 2019||Content info: 123 Pages||
The Europe public safety and security market is estimated to grow from $XX billion in 2018 to $XX billion by 2027, with a CAGR of 11.80% between 2019 and 2027. The base year considered is 2018 and the forecast period is 2019-2027. Rising criminal activities, natural disaster, and cross-border terrorism are some of the key factors driving the public safety and security market. Also, the need for firm government policies and regulations for public safety is a major factor.
The European nations are facing an increased threat from global terrorism. The region has also recorded a rise in severe criminal activities. Recent years have seen massive growth in the CCTV implementation in the region. Many airports have deployed advanced perimeter security solutions to ensure adequate security and safety. The European Union has set up various stringent standard and rules which the security solution providers have to comply with before installation. These rules have thus strengthened the quality of the solutions.
The growth of the market in the European region can be attributed to the numerous cybersecurity and integrated border management initiatives that have been carried over into the economies of the United Kingdom, France, Italy, Spain, Italy and the remaining countries of the region collectively termed under the Rest of Europe segment.
International Business Machine (IBM) Corporation, Qualcomm Incorporated, General Dynamics Corporation, Kratos Defense & Security Solutions Inc., Harris Corporation, Raytheon, Northrop Grumman Corporation, Honeywell International Inc., Environmental Systems Research Institute, Inc. (ESRI), Hitachi, Ltd., Siemens AG, Hewlett Packard Enterprise Company, NEC Corporation, Alcatel-Lucent Enterprise S.A., AGT Group GmbH, Huawei Technologies, Thales Group, Cisco Systems, Inc., Ferranti Technologies Ltd., Ericsson, CGI Group Inc., and Motorola Solutions, Inc. are some of the major players in public safety & security market.