Market Research Report
Law Enforcement Software Market by Component, Solution (Computer-Aided Dispatch, Case Management, and Incident Response), Service (Implementation, Consulting, and Training and Support), Deployment Type, and Region - Global Forecast to 2023
|Published by||MarketsandMarkets||Product code||671104|
|Published||Content info||134 Pages
|Law Enforcement Software Market by Component, Solution (Computer-Aided Dispatch, Case Management, and Incident Response), Service (Implementation, Consulting, and Training and Support), Deployment Type, and Region - Global Forecast to 2023|
|Published: August 1, 2018||Content info: 134 Pages||
The global law enforcement software market size to grow at a CAGR of 9.3% during the forecast period."
MarketsandMarkets expects the law enforcement software market size to grow from USD 11.64 billion in 2018 to USD 18.13 billion by 2023, at a Compound Annual Growth Rate (CAGR) of 9.3% during the forecast period. Major growth factors for the market include an increasing focus on community-oriented policing, the growing adoption of IoT-enabled products and social media platform, and rising demand for mobile-based law enforcement software. However, changing government compliances and regulations could restrain the market growth.
Implementation services in the law enforcement software market include analyzing the agencies' need, understanding the operational functionalities of the existing systems, and integrating value-added features as per the specific requirements of law enforcement organizations and agencies. Implementation services help law enforcement organizations to improve their response towards crime incidents and boost overall investigation process. Moreover, these services also help law enforcement organizations to formulate effective strategies to solve crime incidents and take proactive measure to prevent future criminal incidents.
The digital policing solution segment is expected to grow at a higher CAGR during the forecast period. Law enforcers need accurate and timely information to quickly respond during an incident. In this digital era, law enforcement software can be helpful to law enforcement professional agencies in collecting evidence and related information digitally, analyze crime patterns, and securely share the evidence with other agencies. This adoption enables the cloud segment to account for a considerable market size during the forecast period.
North America is estimated to account for the largest market size in 2018, while APAC to grow at the highest CAGR during the forecast period. APAC is a lucrative market for law enforcement software providers during the forecast period, considering the technological advancements and the increasing criminal incidents. Multinational companies explore the APAC market with local partners, channel partners, and technology partners. Moreover, the increasing adoption of the cloud and mobile technologies by large diversified populations would lead to the rapid implementation of law enforcement software in major APAC countries, such as Japan, China, and Australia.
In the process of determining and verifying the market size for several segments and subsegments gathered through secondary research, extensive primary interviews were conducted with the key people. The break-up of profiles of the primary participants is given below:
Major vendors in the law enforcement software market include: IBM (US), Accenture (Ireland), Oracle (US), Motorola Solutions (US), Axon (US), CyberTech (India), Nuance Communications (US), Esri (US), Palantir Technologies (US), eFORCE Software (US), Wynyard Group (US), DFLABS (Italy), ARMS (US), PTS Solutions (US), Hexagon Safety & Infrastructure (US), CODY Systems (US), Column Technologies (US), Cyrun (US), Incident Response Technologies (US), Numerica Corporation (US), Diverse Computing (US), Omnigo Software (US), Alert Public Safety Solutions (US), CAPERS (US), and BlueLine Grid (US).
The report on the law enforcement software market segments the market by component, solution, service, deployment type, and region. The report would help market leaders/new entrants in this market in the following ways:
From an insight perspective, this research report focuses on various levels of analysis - the market size of the global market and subsegments; analysis of the top players and company profiles, which together comprise and discuss basic views on the competitive landscape; emerging and high-growth segments of the law enforcement software market; and high-growth regions and their respective drivers, restraints, challenges, and opportunities.
The report will help both established firms, as well as new entrants/smaller firms to gauge the pulse of the market, which in turn, could assist firms in garnering a greater market share.
*Details on Business Overview, Solution, Key Insights, Recent Developments, SWOT Analysis, MnM View might not be captured in case of unlisted companies.