Law Enforcement Software Market Emerging Audience, Segments, Industry Sales, Profits and Regional Study

[Dhanashree Daware]

Market Highlights
The Law Enforcement Software market is burgeoning globally. The market growth attributes to the increasing adoption of data analytics solutions for public safety by law enforcement & intelligence and border control agencies. Public safety & security agencies use the data collected by these analytics to gain useful, actionable insights to prevent crimes and maintain public safety. Besides, the increasing rate of criminal activities and terrorist attacks creates substantial market demand.
Moreover, advances in business intelligence, such as real-time data stream analytics and machine learning, escalate market growth. According to Market Research Future (MRFR), the global Law Enforcement Software market is poised to reach a valuation of USD 11.75 BN by 2023, growing at 16.22% CAGR throughout the forecast period (2018-2023). Increasing rates of criminal activities and cross-border terrorism promote the demand for security measures to control these activities.
Additionally, the augmenting demand for the improved safety features from the public transportation security, critical infrastructure security, and manufacturing sectors escalates market sales. The intense competition in the public security field encourages vendors to differentiate their product offerings to beat the competition. As a result, futuristic features offered at competitive prices foster market growth, increasing public safety analytics uptake.
Simultaneously, the need for stringent government policies & regulations for Law Enforcement Software influences market growth. Technological advances in components used in public safety analytics, efficient & responsive connected devices, and user-friendly, unconventional safety systems provide impetus to the market growth.
On the other hand, the lack of technical competencies and the high initial investment cost associated with the implementation of law enforcement systems & devices are the significant factors projected to obstruct the market growth. Nevertheless, well-spread awareness about these systems' importance would support the market growth throughout the assessment period.
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Segmentation:
The report is segmented into three dynamics;
By Component : Solutions (computer-aided dispatch (CAD), record management, case management, jail management, incident response, digital policing, others) and Services (implementation, training & support, others).
By Deployment : On-Premise and On-Cloud.
By Regions : Americas, Europe, APAC, and the Rest-of-the-World.
Law Enforcement Software Market - Regional Analysis
North America dominates the global law enforcement software market. The largest market share attributes to the presence of major law enforcement software providers and well-established technology development centers in the region, allowing the early adoption of advanced technologies. Besides, the growing demand for safety and comfort features drive the growth of the market in the region.
Moreover, the well-established public & traffic safety sector in the region creates substantial market demand. The US and Canada markets hold considerable shares in the regional market due to the advances in public safety technologies. The North American law enforcement software market is projected to retain its dominance throughout the estimated period.
Europe stands second in the global law enforcement software market. The market growth is driven by the extensive adoption of law enforcement solutions for advanced public safety devices. Additionally, significant R&D investments made by industry players for the development of these software solutions increase the market size. The European law enforcement software market is estimated to grow at a significant rate during the forecast period.
The Asia Pacific region is a notable market for law enforcement software. The region witnesses increased adoption of law enforcement solutions due to the increasing crime rate and the need for easy and data-driven investigations.
Furthermore, the growing awareness among government bodies about the benefits of technology-driven law enforcement software influences the growth of the market. Also, sizable investments in smart city projects and rising adoption of traffic management & public safety solutions foster the regional market share.
Law Enforcement Software Market - Competitive Landscape
Highly competitive, the law enforcement software market appears fragmented due to the presence of several well-established players. Mergers & acquisitions, innovation, and brand reinforcement remain prevailing key trends for the leading players to support their growth and expansion plans. They strive to deliver reliable, leading-edge solutions and services, investing substantially in R&D to develop adept technologies. They continuously upgrade and launch new solutions and services, especially in emerging economies.
Major Players:
Players leading the law enforcement software market include Accenture (Ireland), IBM (US), Oracle (US), Axon (US), Motorola Solutions (US), CyberTech (India), Esri (US), Nuance Communication (US), PTS Solutions (US), eFORCE Software (US), Palantir Technologies (US), Wynyard Group (US), ARMS (US), DFLABS (Italy), Hexagon Safety & Infrastructure (US), Column Technologies (US), CODY Systems (US), Cyrun (US), Numerica Corporation (US), Incident Response Technologies (US), Diverse Computing (US), Alert Public Safty Solutions (US), Omnigo Software (US), CAPERS (US), and BlueLine Grid (US), among others.
Industry/ Innovation/Related News
October 14, 2020 ---- Hazen.ai (Saudi Arabia), a developer of artificial intelligence (AI) systems for law enforcement, launched a deep learning system to power the traffic enforcement system. The new finely tuned convolution neural networks and robust monitoring provide accurate performance. It's a challenge to create a device on which a deep learning system can rely for a minimum 90% accuracy to determine whether a driver wears a seat belt or uses their cell phone while driving.
Hazen.ai also develops software for road safety applications, including flexible convolution neural networks (CNN), robust observability, and monitoring stack, by a close working relationship with local law enforcement, providing the keys to success.
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Global Law Enforcement Software Market, by Component (Solution, Services), Deployment (On-Premise, Cloud), Solution (CAD, Jail Management, Incident Response, Digital Policing), Services (Implementation, Training and Support)— Forecast till 2023
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