Market Trends of Law Enforcement Software Industry
This section covers the major market trends shaping the Law Enforcement Software Market according to our research experts:
Video Analytics is Expected to Gain Popularity
- Video analytics consists of a significant part of the overall Law Enforcement Software Market embedded in the camera as a forensic tool to retrieve video clips, which are needed for post-incident investigations. Moreover, it offers a massive reduction in operational costs and time by automating event identification and detection.
- Additionally, some of the emerging economies have been rapidly adopting the latest technology application for surveillance and monitoring activities, such as facial-recognition and license plate recognition, as terrorism remains a significant threat. Hence, trends, such as the integration of AI capabilities in Law Enforcement solutions, are expected to create a scope for the adoption of similar technologies and capabilities in this market.
- Moreover, video analytics technology is central to many surveillance applications to identify potential felons, helping to bring down the crime rate in various countries. This is further expected to increase the demand for integrated surveillance systems to ensure public safety. For instance, Surat (India) police operate a network of cameras in different locations for easy detection of criminals. The police use a video analytics solution deployed at its command and control center to crack down on street crime.
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North America Expected to Dominate the Market
- North America is expected to hold a majority share in the global Law Enforcement Software market. This is due to the presence of a large number of vendors in the region, such as IBM Corporation, Oracle Corporation, Wynyard Group, Omnigo Software, and many others. The United States has always remained at the forefront of technology adoption across industries, given its strong economy and government support.
- Moreover, most numbers of safe city projects in North America are in the United States, and they are federally funded and driven by the implementation of law enforcement software solutions as counter-terrorism measures. The adoption of Law Enforcement Software Solutions has increased driven by the need for safer, cheaper, and improved disparate security systems.
- Regional players are viewing strategic partnerships and acquisitions to gain market traction and expand their market presence. For instance, Nuance Communications partnered with the CAD/RMS vendor, Nexgen Public Safety Solutions, to provide fast, accurate, and integrated Public Safety communications. In April 2020, Omnigo Software acquired the digital and physical evidence management platform, QueTel Corporation.
- Due to the recent terrorist activities in the region, such as the 9/11 terror attack, the region witnessed a significant rise in the demand for surveillance systems to capture, analyze, process, and store a large number of data that are generated. Recently, the Memphis Police Department (MPD) collaborated with Hangzhou Hikvision Digital Technology to deploy video surveillance and security solutions to holistically ensure the safety of the environment and residents.
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