Worldwide Law Enforcement Software Industry to 2025 - North America Expected to Dominate the Market - ResearchAndMarkets.com

The "Law Enforcement Software Market - Growth, Trends, and Forecasts (2020 - 2025)" report has been added to ResearchAndMarkets.com's offering.

The Law Enforcement Software Market is expected to register a CAGR of approximately 8.5% during the forecast period (2020 - 2025). The increasing urbanization, coupled with the increased adoption of smart city infrastructure, is expected to boost the adoption of law enforcement software globally.

According to the United Nations Department of Economic and Social Affairs, the global urbanization rate was approximately 53.9% in 2015 and is expected to reach up to 68.4% in 2050. According to the Consumer Technology Association, the global spending on smart cities in 2015 stood at USD 14.85 billion and is expected to reach approximately USD 34.35 billion in 2020.

In accordance with the increased adoption of smart city infrastructure, the law enforcement bodies and the public safety organizations are increasingly upgrading to smart means of maintaining law and order and protecting and safeguarding the environment. Also, the growing adoption of cloud technology services reduces the server and software requirement, which may further reduce the time and cost of installation of physical devices, in the long run, and facilitate secure remote access.

Companies Mentioned

• IBM Corporation
• Accenture PLC
• Wynyard Group
• Oracle Corporation
• Motorola Solutions, Inc.
• Hexagon AB
• Axon Enterprise, Inc.
• ESRI
• Omnigo Software
• Nuance Communications, Inc.
• Palantir Technologies
• Cisco Systems, Inc.
• Qognify Inc.
• CNL Software Ltd.

Key Market Trends

Video Analytics is Expected to Gain Popularity

• Video analytics consists of a significant part of the overall Law Enforcement Software Market embedded in the camera as a forensic tool to retrieve video clips, which are needed for post-incident investigations. Moreover, it offers a massive reduction in operational costs and time by automating event identification and detection.
• Additionally, some of the emerging economies have been rapidly adopting the latest technology application for surveillance and monitoring activities, such as facial-recognition and license plate recognition, as terrorism remains a significant threat. Hence, trends, such as the integration of AI capabilities in Law Enforcement solutions, are expected to create a scope for the adoption of similar technologies and capabilities in this market.
• Moreover, video analytics technology is central to many surveillance applications to identify potential felons, helping to bring down the crime rate in various countries. This is further expected to increase the demand for integrated surveillance systems to ensure public safety. For instance, Surat (India) police operate a network of cameras in different locations for easy detection of criminals. The police use a video analytics solution deployed at its command and control center to crack down on street crime.

North America Expected to Dominate the Market

• North America is expected to hold a majority share in the global Law Enforcement Software market. This is due to the presence of a large number of vendors in the region, such as IBM Corporation, Oracle Corporation, Wynyard Group, Omnigo Software, and many others. The United States has always remained at the forefront of technology adoption across industries, given its strong economy and government support.
• Moreover, most numbers of safe city projects in North America are in the United States, and they are federally funded and driven by the implementation of law enforcement software solutions as counter-terrorism measures. The adoption of Law Enforcement Software Solutions has increased driven by the need for safer, cheaper, and improved disparate security systems.
• Regional players are viewing strategic partnerships and acquisitions to gain market traction and expand their market presence. For instance, Nuance Communications partnered with the CAD/RMS vendor, Nexgen Public Safety Solutions, to provide fast, accurate, and integrated Public Safety communications. In April 2020, Omnigo Software acquired the digital and physical evidence management platform, QueTel Corporation.
• Due to the recent terrorist activities in the region, such as the 9/11 terror attack, the region witnessed a significant rise in the demand for surveillance systems to capture, analyze, process, and store a large number of data that are generated. Recently, the Memphis Police Department (MPD) collaborated with Hangzhou Hikvision Digital Technology to deploy video surveillance and security solutions to holistically ensure the safety of the environment and residents.

Key Topics Covered:

1 INTRODUCTION

1.1 Study Assumptions & Market Definition

1.2 Scope of the Study

2 RESEARCH METHODOLOGY

3 EXECUTIVE SUMMARY

4 MARKET DYNAMICS

4.1 Market Overview

4.2 Market Drivers

4.2.1 Increasing Smart City Initiatives

4.2.2 Increasing Adoption of AI and IoT for Public Safety

4.2.3 Growing Adoption of Cloud-based Solutions in SMEs

4.3 Market Restraints

4.3.1 Government Regulations and Compliance

4.3.2 Lack of Skills and Expertise

4.4 Industry Attractiveness - Porter's Five Forces Analysis

4.5 Assessment of Impact of Covid-19 on the Market

5 MARKET SEGMENTATION

5.1 By Solutions

5.1.1 Records Management Systems

5.1.2 Computer Aided Dispatch Systems

5.1.3 GIS/Mapping

5.1.4 Emergency Response

5.1.5 Jail Management

5.1.6 Evidence Management

5.1.7 Video Analytics

5.2 By Deployment

5.2.1 Cloud

5.2.2 On-Premise

5.3 Geography

5.3.1 North America

5.3.2 Europe

5.3.3 Asia-Pacific

5.3.4 Latin America

5.3.5 Middle-East & Africa

6 COMPETITIVE LANDSCAPE

6.1 Company Profiles

7 INVESTMENT ANALYSIS

8 MARKET OPPORTUNITIES AND FUTURE TRENDS

For more information about this report visit https://www.researchandmarkets.com/r/tlwlaj.