South and Central America Public Safety Software Market
South and Central America Public Safety Software Market is growing at a CAGR of 8.3% to reach US$ 1,020.80 Million by 2030 from US$ 538.71 Million in 2022 by Deployment Type, Solution Type, and End User.

Published On: Aug 2024

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South and Central America Public Safety Software Market

At 8.3% CAGR, South & Central America Public Safety Software Market is Projected to be Worth US$ 1,020.80 Million by 2030, says Business Market Insights

According to Business Market Insights' research, the South & Central America public safety software market was valued at US$ 538.71 million in 2022 and is expected to reach US$ 1,020.80 million by 2030, registering a CAGR of 8.3% from 2022 to 2030. Real-time crime centers and emergency communications centers/emergency operations centers and surge in investments in public safety are among the critical factors attributed to the South & Central America public safety software market expansion.

Real-time crime centers (RTCCs) aggregate data from various sources, including CCTV cameras, license plate readers, gunshot detectors, and social media, giving emergency communications centers (ECCs) a "bird's eye view" of ongoing events. This comprehensive and real-time picture allows dispatchers to make better-informed decisions and coordinate emergency responses more effectively. RTCC are not currently implemented in all states or countries, but their number is expected to grow in the coming years. RTCCs operate 24×7 as a single or multiple agencies and are primarily linked with law enforcement forces. They have a better perspective on significant incidents and greater situational awareness compared to single-agency service providers. They may assist in the management of major or large-scale occurrences or events that are not necessarily related to crime, such as natural disasters or massive events. During such crises, RTCCs use technologies such as analytics and record management systems to collect and communicate information with first responders and officers. Emergency operations centers (EOCs) are becoming increasingly important as the number of large-scale natural catastrophes rises. Thus, enabling the efficient sharing of information among all three facility types—RTCC, ECC, and EOC—along with employing AI and other data-sharing tools is emerging as a significant tool in the South & Central America public safety software market.

The integrated data collected by RTCCs and ECCs can be used to identify crime trends, analyze patterns, and evaluate the effectiveness of different police strategies. This data-driven approach can help agencies improve their overall crime prevention and response efforts. Therefore, the convergence of RTCCs and ECCs is expected to continue and become a norm in the South & Central America public safety software market.

On the contrary, lack of awareness about public safety software hampers the growth of South & Central America public safety software market.

 

Based on deployment type, the South & Central America public safety software market is bifurcated into on-premises and cloud. The on-premises segment held 61.2% share of the South & Central America public safety software market in 2022, amassing US$ 329.70 million. It is projected to garner US$ 502.87 million by 2030 to expand at 5.4% CAGR during 2022–2030.

In terms of solution type, the South & Central America public safety software market is segmented into computer aided dispatch solution, record management solution, mobile police software solution, incident management solution, jail management solution, court management solution, and others. The computer aided dispatch solution segment held 24.5% share of the South & Central America public safety software market in 2022, amassing US$ 131.80 million. It is estimated to garner US$ 274.83 million by 2030 to expand at 9.6% CAGR during 2022–2030.

By end user, the South & Central America public safety software market is segmented into law enforcement agencies, fire departments, courts, prosecutors, and others. The law enforcement agencies segment held 34.8% share of South & Central America public safety software market in 2022, amassing US$ 187.69 million. It is predicted to garner US$ 388.69 million by 2030 to expand at 9.5% AGR during 2022–2030.

Based on country, the South & Central America public safety software market is categorized into Brazil, Argentina, and the Rest of South & Central America. Brazil held 58.2% share of South & Central America public safety software market in 2022, amassing US$ 313.58 million. It is projected to garner US$ 640.91 million by 2030 to expand at 9.3% CAGR during 2022–2030.

Key players operating in the South & Central America public safety software market are Hexagon AB, Motorola Solutions Inc, Microsoft Corp, and Zetron Inc, among others.

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Contact Person: Sameer Joshi
Phone: +1-646-491-9876
Email Id: sales@businessmarketinsights.com

 

Contact Us
Phone: +16467917070
Email Id: sales@businessmarketinsights.com