Law Enforcement Software Market Projected to Hit USD 29.2 billion at a 8.60% CAGR by 2030
The Law
Enforcement Software Market is expected to
reach a market value of USD 29.2 billion by 2030 growing with 8.60% CAGR during
the forecast period 2022-2030. Market Research Future (MRFR), in its latest “Law
Enforcement Software Market” report, reveals that the global market of The
growing rate of crime and the need for maintaining data accuracy are factors
that are likely to contribute the expected valuation of maximum by the end of the forecast period.
Law enforcement software aids law enforcement agencies to manage,
analyse, and maintain crime data that expedite investigation processes. This is
likely to propel the growth of the global law enforcement software market. The
growing need for public safety is another strong growth booster for the market.
The software aids in the automation of activities, such as crime analysis,
police dispatching, evidence tracking, record management, crime report writing,
and case management. The growing inclination of people towards automation is
observed to be a supporting factor for the market.
Other potential drivers that are expected to influence the expansion of
the law enforcement software market are increase in the demand for mobile-based
law enforcement software. Mobile-based law enforcement software assists police
by providing them with criminal data and location information that are utilized
in effective ways for investigation. The rising need for efficient criminal
investigations solutions can impel the growth of the market.
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Key players
MRFR listed some renowned players operating in the law enforcement
software market. They are; Accenture (Ireland), IBM (US), Motorola Solutions
(US), Oracle (US), CyberTech (India), Axon (US), Esri (US), Nuance
Communication (US), Palantir Technologies (US), PTS Solutions (US), Wynyard
Group (US), eFORCE Software (US), ARMS (US), DFLABS (Italy), CODY Systems (US),
Hexagon Safety & Infrastructure (US), Cyrun (US), Column Technologies (US),
Numerica Corporation (US), Incident Response Technologies (US), Omnigo Software
(US), Diverse Computing (US), CAPERS (US), Alert Public Safty Solutions (US),
BlueLine Grid (US), and others.
Segmentation:
The emergence of technologies, such as big data analytics are proving to
highly beneficial for the law enforcement software market. In addition, the
presence of several law enforcement software solutions developers can also
accelerate the market growth. One of the ongoing trends in law enforcement
software market is that the developers are moving towards the use of
smartphones that would support law enforcement software. It is due to
smartphones able to support features, such as global positioning system (GPS),
photography, video and audio recording, faster internet connectivity, and
barcode scanning.
Segmental Outline
The law enforcement software market is assessed by solution, component,
deployment model, and service. By component, the market is sectioned into
service and solution. By solution segment is sectioned into record management,
computer-aided dispatch (CAD), jail management, case management, digital
policing, and incident response. By service segment, the market is segmented
into consulting, implementation, support, and training. By deployment model,
the market is sectioned into on-premise and on-cloud.
Regional Analysis
The global market for law enforcement software is studied across North
America, Asia Pacific, and Europe. The law enforcement software market in North
America is likely to hold the share of the global market. The early adoption of
law enforcement software and the existence of numerous key players in the
region are causes that are responsible for the expansion of the market in the
US. In Asia Pacific, the growing rate of crime rate and the rising need for
data-driven investigation are expected to propel the growth of the market in
APAC. In addition, the increase in the rate of adoption of law enforcement
software solutions as government are taking initiatives for controlling crime.
These factors are expected to drive the APAC market growth.
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