Law Enforcement Software Market to grow by USD 1.1 billion from 2022 to 2027, Need for effective communication boosts the market growth – Technavio

NEW YORK, Nov. 6, 2023 /PRNewswire/ — The law enforcement software market by deployment (on-premise and cloud-based), type (software and services), and geography (North America, Europe, APAC, South America, and Middle East and Africa) – Forecast and Analysis 2023-2027 report has been added to Technavio’s offering. With ISO 9001:2015 certification, Technavio has proudly partnered with more than 100 Fortune 500 companies for over 16 years. The potential growth difference for the law enforcement software market between 2022 and 2027 is USD 1.1 billion. The need for effective communication drives the market growth during the forecast period. Law enforcement software solutions, comprising police dispatch software, record management software, prison management software, and automatic vehicle location (AVL) software, improve communication among law enforcement professionals. In addition, it can offer instant smartphone alerts to officers about emergency callers, routing details, and incident updates. Hence, such factors drive the market growth. Get deeper insights into the market size, current market scenario, future growth opportunities, major growth driving factors, the latest trends, and much more. Buy the full report here

Market Challenge 

High implementation and maintenance costs hinder market growth. There is a high cost associated with the cost of deploying on-premise law enforcement software solutions. In addition, the cost of law enforcement software solutions comprises the cost of software licensing, system design and customization, implementation, training IT staff, maintenance, and upgrades.

Explain. Learn about additional key drivers, trends, and challenges available with Technavio. Read a Sample PDF Report Now

The law enforcement software market has been segmented by deployment (on-premise and cloud-based), type (software and services), and geography (North America, Europe, APAC, South America, and Middle East and Africa). 

The market share growth by the on-premise segment is significant during the forecast period.  On-premises law enforcement software offers various advantages including complete control and authorization over critical data to end-users. In addition,  the data is highly secure without any third-party interference. Hence, such factors are fuelling the growth of this segment which in turn drives the market growth during the forecast period.

Geo Segment – 

North America accounts for 37% of the global market during the forecast period. There is a significant penetration of the law enforcement software market in North America especially in the US and Canada.  In addition, law enforcement agencies in the region have significantly increased investments in technologies such as law enforcement software. In addition, several law enforcement agencies in the region, including DHS and DEA, have adopted law enforcement software. Hence, such factors drive the market growth in North America during the forecast period.

View the Sample Report for insights into the contribution of all the segments and regional opportunities in the report.

Key Companies in the law enforcement software market:

Accenture Plc, Altia Solutions Ltd., Column Case Management, Computer Information Systems Inc., eFORCE Software, Harris Computer, Hexagon AB, International Business Machines Corp., L3Harris Technologies Inc., Lexipol, Microsoft Corp., Motorola Solutions Inc., Omnigo, RELX Plc, Resolver Inc., Saltus Technologies LLC, Subsentio LLC, Sumo Logic Inc., USA Software Inc., and Oracle Corp.

Related Reports:

The blockchain technology in BFSI market size is estimated to grow at a CAGR of 67.84% between 2023 and 2028. The market size is forecast to increase by USD 48,213.34 million

The enterprise information management (EIM) market size is estimated to grow at a CAGR of 17.01% between 2023 and 2028. The market size is forecast to increase by USD 88.02 billion

Law Enforcement Software Market Scope

Report Coverage

Details

Base year

2022

Historic period

2017-2021

Forecast period

2023-2027

Growth momentum & CAGR

Accelerate at a CAGR of 9.7%

Market growth 2023-2027

USD 1.1 billion

Market structure

Fragmented

YoY growth 2022-2023 (%)

9.6

Regional analysis

North America, Europe, APAC, South America, and Middle East and Africa

Performing market contribution

North America at 37%

Key countries

US, China, Japan, Germany, and France

Competitive landscape

Leading Vendors, Market Positioning of Vendors, Competitive Strategies, and Industry Risks

ToC:

Executive Summary

Market Landscape

Market Sizing

Historic Market Sizes

Five Forces Analysis

Market Segmentation by Deployment

Market Segmentation by Type

Market Segmentation by Geography

Customer Landscape

Geographic Landscape

Drivers, Challenges, & Trends

Company Landscape

Company Analysis

Appendix

About Technavio

Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provide actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/

View original content to download multimedia:https://www.prnewswire.com/news-releases/law-enforcement-software-market-to-grow-by-usd-1-1-billion-from-2022-to-2027–need-for-effective-communication-boosts-the-market-growth—technavio-301978046.html

SOURCE Technavio