Market Share of Latin America Public Safety Industry
The Latin American public safety market is moderately competitive and has the presence of various small and large players; the entry of new players further drives competition among the vendors. All the major players hold a significant presence in the market and are focusing on expanding the consumer base in the region. Some of the significant players in the market are Cisco Systems Inc., Esri Global, Genetec Inc., CGI Inc., and ALE International. Companies are increasing their market share by forming multiple partnerships, collaborations, and acquisitions and investing in introducing new products to earn a competitive edge during the forecast period.
May 2024 - Pager Inc., a digital healthcare enablement and care advocacy company, joined forces with AXA Partners Mexico (APM) to enhance APM's health assistance programs. This strategic collaboration introduces new capabilities, elevating the services APM offers. Leveraging Pager's expertise, APM now boasts an automated triage system. This system, powered by a fusion of AI and evidence-based clinical algorithms, steers APM members toward tailored care solutions. Moreover, through this alliance, APM introduces a novel offering: a dedicated personal medical assistant, enhancing care coordination services.
February 2024 - The Economic Commission for Latin America and the Caribbean (ECLAC) launched its Digital Development Observatory (DDO). This new tool is designed to collect and analyze data, identify trends, assess progress, and aid in the region's policy formulation and implementation for digital transformation. Such initiatives are anticipated to support the market's growth in the region.
Latin America Public Safety Market Leaders
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Cisco Systems, Inc.
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Esri Global
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Genetec Inc
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CGI Inc
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ALE International Inc.
*Disclaimer: Major Players sorted in no particular order
