Market Share of Asia-Pacific Public Safety Industry
The Asia-Pacific public safety market is very competitive. The market is getting cluttered by the entry of various small and large players. Major players continue to have a significant presence in the market and are focusing on expanding the consumer base in the region. Some important players in the market are BAE Systems, L3Harris Technologies Inc., Kroll LLC, Atos SE, and Cisco Systems Inc. Companies are increasing their market share by forming multiple partnerships and introducing new products to earn a competitive edge during the forecast period.
In March 2024, Staqu Technologies, in collaboration with the UP Government and Special Task Force, introduced its cutting-edge AI tool, Crime GPT, to bolster the region's security. Crime GPT, as described by the company, streamlines law enforcement searches by directly accessing a digitized criminal database. This allows for pinpointed information retrieval on specific individuals, utilizing both written and spoken inputs. Noteworthy features include facial recognition, speaker identification, voice recognition, and in-depth criminal gang analysis.
In March 2024, the Central Bureau of Investigation (CBI) and the European Union Agency for Law Enforcement Cooperation (Europol), known for its digital crime analysis platform, inked a Working Arrangement. This pact solidifies ties between Indian law enforcement, represented by the CBI, and the counterparts at Europol. The agreement, signed by Europol's Executive Director and the Director of the CBI, aims to enhance collaboration. Officials highlight that this move will bolster synergies by aligning their mandates and strategies.
Asia-Pacific Public Safety Market Leaders
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BAE Systems
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L3Harris Technologies, Inc.
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Kroll, LLC
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Atos SE
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Cisco Systems, Inc.
*Disclaimer: Major Players sorted in no particular order
