Market Research Report
LATIN AMERICA PUBLIC SAFETY & SECURITY MARKET FORECAST 2018-2026
|Published by||Inkwood Research||Product code||605744|
|Published||Content info||62 Pages
Delivery time: 1-2 business days
|LATIN AMERICA PUBLIC SAFETY & SECURITY MARKET FORECAST 2018-2026|
|Published: February 19, 2018||Content info: 62 Pages||
Latin America Public Safety & Security Market accounted for $12.10 billion in 2017. By the end of the forecast period of 2018-2026, the market is expected to see a hike in CAGR of 16.69% and is estimated to generate a revenue of $46.00 billion.
High adoption of surveillance systems and the advent of cloud-based video surveillance & wireless IP surveillance systems are some of the key trends observed in this market. The Latin American market is segmented on the basis of services, solutions and verticals. The Mexico public safety & security market is forecasted to evolve with the fastest CAGR over the projected years. Security conditions remain a top concern in this country. As the Mexican market is pursued by foreign security suppliers, cybersecurity has been gaining more attention. Consumption of market segments like video-surveillance, alarms systems, control access, and secure mobile devices has also increased in the recent years.
Companies like General Dynamics, Qualcomm, Ferranti, Alcatel-Lucent S.A, Cisco Systems Inc, International Business Machine (IBM) Corporation, Ericsson, Honeywell International Inc, Siemens, Harris Corporation, ESRI, Kratos Defense & Security Solutions, NEC Corporation, Raytheon and AGT International have their presence in this market.