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Solid growth predicted for Safe City market.

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M2 PRESSWIRE-November 27, 2019-: Solid growth predicted for Safe City market

(C)1994-2019 M2 COMMUNICATIONS

RDATE:27112019

Washington, DC -- According to the most recently published report from Homeland Security Research Corpo (HSRC), the Global Safe City market is expected to reach a CAGR of 8.6%, and by 2024 Asia Pacific will constitute 37% of the total market.

Major shifts in technologies are fueling the digital transformations of urban security, changing our businesses and lives. New advancements in Artificial Intelligence, 5-G connectivity, Face Recognition, Video Analytics, Big Data, Emergency Traffic Management, PSIM, PSAP, NG911 and GIS Based Emergency Notification offer great opportunities to those who best understand how to capitalise on change.

Crime, traffic control, terror and natural disasters have long been recognised as major challenges to sustainable cities and have a significant impact on quality of life and economic development. To handle these huge responsibilities, law enforcement, public safety and municipal bodies consider a more comprehensive approach that includes new synergies between early warnings and real-time circumstances, providing a complete cycle for intelligence, evidence, response and investigations.

According to HSRC, for the first quarter of 2018, the US Major Cities Chiefs Association Violent Crime Survey shows that crime has overall decreased in number compared to the same period of time during the previous year. Data collected from 65 law enforcement agencies from some of the largest US cities shows that the number of homicides compared to 2017 has lessened. Moreover, major cities in the US have experienced approximately 4000 less robberies, 2000 less aggravated assaults, and about 600 less non-fatal shootings compared to 2017.

Strengthening operable and interoperable communications has not only been not a U.S. priority, but was a recommendation from the 9/11 Commission Report as well, according to...

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