Law Enforcement Software Market Size 2021 Report Includes Raw Materials Sources, Major Players, Export, and Import by Regions

In a recent published report, Kenneth Research has updated the market report for Law Enforcement Software Market for 2021 till 2030. Report further now discusses; the various strategies to be adopted or being adopted by the business players across the globe at various levels in the value chain. In the view of the global economic slowdown, we further estimated that China, India, Japan and South Korea to recover fastest amongst all the countries in the Asian market. Germany, France, Italy, Spain to take the worst hit and this hit is expected to be regain 25% by the end of 2021- Positive Growth in the economic demand and supply.

U.S. Market recovers fast; In a release on May 4th 2021, the U.S. Bureau and Economic Analsysis and U.S. Census Bureau mentions the recovery in the U.S. International trade in March 2021. Exports in the country reached $200 billion, up by $12.4  billion in Feb 2021. Following the continuous incremental trend, imports tallied at $274.5 billion, picked up by $16.4 billion in Feb 2021. However, as COVID19 still haunts the economies across the globe, year-over-year (y-o-y) avergae exports in the U.S. declined by $7.0 billion from March 2020 till March 2021 whilest imports increased by $20.7 billion during the same time. This definitely shows how the market is trying to recover back and this will have a direct impact on the Healthcare/ICT/Chemical industries, creating a huge demand for Law Enforcement Software Market products.

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Moreover, increase in ICT spending around the globe for hardware, software, services, new technologies and telecom among others is also anticipated to contribute to the growth of the market in the coming years. The spending on new technologies recorded around USD 0.6 million in 2018 and is further estimated to reach close to USD 1.3 million by 2023. The total ICT spending around the globe further recorded close to USD 5 million in 2019 and is further projected to touch USD 6 million by 2023.

Market synopsis

Law enforcement software helps law enforcement agencies to generate insights from data about the crime, that can be used to reduce crime, expedite investigation processes, and increase public safety. It also automates processes such as police dispatching, crime analysis, crime report writing, evidence tracking, record management, and case management among others to help law enforcement agencies.

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Key drivers influencing the growth of law enforcement software market are increasing demand for mobile-based law enforcement software. As mobile-based law enforcement software helps police officials to use information such as criminal data, location information which can be used in an effective way for investigation and preventing criminal activities. Need for efficient and fast criminal investigations is another factor driving the growth of law enforcement software market.

Regional analysis of the market has been carried out for North America, Asia-Pacific, Europe, and the rest of the world. North America is expected to dominate the market due to technological advancement such as emergence of data analytics as a law enforcement solution and presence of major providers of law enforcement software solutions such as IBM, Oracle, Motorola Solutions, Axons. Due to the presence of key players, the adoption of law enforcement software in the region is expected to increase.

i2 integrated law enforcement software, a product of IBM, offers tools optimized for intelligent analysis, investigation, agency collaboration, geographic information system, and communication integration which results in crime reduction and improve public safety. Manchester police department (MPD) worked with IBM to develop analytics based predictive policing solution which helps law enforcement agencies to predict crimes more accurately and effectively. With the help of this solution, MPD is able to pre-determine crime locations which helps them to make countermeasures proactively.

The trend in law enforcement software market is moving towards the use of smartphones due to the expanding computation power of smartphone and integration of various features such as global positioning system (GPS), video and audio recording, photography, barcode scanning, and faster internet connectivity. These features help law enforcement agencies in crime detection, investigation, and process management efficiently.

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Global law enforcement software market is expected to reach a market value of USD 11 billion by 2023 growing with 8% CAGR during the forecast period 2018-2023.

Segmentation.

Law enforcement software market study aims at different segments such as component, solution, service, deployment model, regions, and estimating market growth across these segments.By component, the market is segmented into solution and service. By solution, the market is further sub-segmented into computer-aided dispatch (CAD), record management, case management, jail management, incident response, digital policing. By service, the market is segmented into implementation, consulting, training, and support.By deployment model, the market is segmented into on-cloud and on-premise.By region, the market is segmented into North America, Europe, Asia-Pacific, the rest of the world.

Regional analysis

The global market for law enforcement software is estimated to grow at a significant rate during the forecast period from 2018 to 2023. The geographical analysis of law enforcement software market is done for North America, Europe, Asia-Pacific, and the rest of the world.

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North America is expected to be the largest revenue generating market for law enforcement software services and solutions due to early adoption of law enforcement software and presence of large number of key players. Asia-Pacific is expected to be the fastest growing region due to increasing crime rate and the need for easy and data-driven investigation. Also, APAC has witnessed increased adoption of law enforcement software solutions, due to growing awareness among government bodies to acquire the benefits of technology-driven law enforcement software is expected to drive the growth of the market.

Key players

The major key players in the law enforcement software market are IBM (US), Accenture (Ireland), Oracle (US), Motorola Solutions (US), Axon (US), CyberTech (India), Nuance Communication (US), Esri (US), PTS Solutions (US), Palantir Technologies (US), eFORCE Software (US), Wynyard Group (US), DFLABS (Italy), ARMS (US), Hexagon Safety & Infrastructure (US), CODY Systems (US), Column Technologies (US), Cyrun (US), Incident Response Technologies (US), Numerica Corporation (US), Diverse Computing (US), Omnigo Software (US), Alert Public Safty Solutions (US), CAPERS (US), and BlueLine Grid (US).

Intended Audience

Government agencies

Security service providers

Independent software vendors

Law enforcement software service and solution providers

Cybersecurity vendors

Information security vendors

Cloud service providers

Private Investigators

About Kenneth Research

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