Worldwide Law Enforcement Software Industry to 2025 - Advantages of Big Data Analytics and IoT Presents Opportunities - ResearchAndMarkets.com

The "Law Enforcement Software Market Research Report by Component (Services and Solutions), by Deployment (Cloud and On-Premises), by Region (Americas, Asia-Pacific, and Europe, Middle East & Africa) - Global Forecast to 2025 - Cumulative Impact of COVID-19" report has been added to ResearchAndMarkets.com's offering.

The Global Law Enforcement Software Market size was estimated at USD 12,618.23 Million in 2019 and expected to reach USD 13,490.16 Million in 2020, at a Compound Annual Growth Rate (CAGR) 8.16% to reach USD 20,204.33 Million by 2025.

Market Statistics:

The report provides market sizing and forecast across five major currencies - USD, EUR GBP, JPY, and AUD. It helps organization leaders make better decisions when currency exchange data is readily available. In this report, the years 2017 and 2018 are considered historical years, 2019 as the base year, 2020 as the estimated year, and years from 2021 to 2025 are considered the forecast period.

Competitive Strategic Window:

The Competitive Strategic Window analyses the competitive landscape in terms of markets, applications, and geographies to help the vendor define an alignment or fit between their capabilities and opportunities for future growth prospects. It describes the optimal or favorable fit for the vendors to adopt successive merger and acquisition strategies, geography expansion, research & development, and new product introduction strategies to execute further business expansion and growth during a forecast period.

FPNV Positioning Matrix:

The FPNV Positioning Matrix evaluates and categorizes the vendors in the Law Enforcement Software Market based on Business Strategy (Business Growth, Industry Coverage, Financial Viability, and Channel Support) and Product Satisfaction (Value for Money, Ease of Use, Product Features, and Customer Support) that aids businesses in better decision making and understanding the competitive landscape.

Market Share Analysis

The Market Share Analysis offers the analysis of vendors considering their contribution to the overall market. It provides the idea of its revenue generation into the overall market compared to other vendors in the space. It provides insights into how vendors are performing in terms of revenue generation and customer base compared to others. Knowing market share offers an idea of the size and competitiveness of the vendors for the base year. It reveals the market characteristics in terms of accumulation, fragmentation, dominance, and amalgamation traits.

The report provides insights on the following pointers:

1. Market Penetration: Provides comprehensive information on the market offered by the key players

2. Market Development: Provides in-depth information about lucrative emerging markets and analyze penetration across mature segments of the markets

3. Market Diversification: Provides detailed information about new product launches, untapped geographies, recent developments, and investments

4. Competitive Assessment & Intelligence: Provides an exhaustive assessment of market shares, strategies, products, certification, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players

5. Product Development & Innovation: Provides intelligent insights on future technologies, R&D activities, and breakthrough product developments

The report answers questions such as:

1. What is the market size and forecast of the Global Law Enforcement Software Market?

2. What are the inhibiting factors and impact of COVID-19 shaping the Global Law Enforcement Software Market during the forecast period?

3. Which are the products/segments/applications/areas to invest in over the forecast period in the Global Law Enforcement Software Market?

4. What is the competitive strategic window for opportunities in the Global Law Enforcement Software Market?

5. What are the technology trends and regulatory frameworks in the Global Law Enforcement Software Market?

6. What is the market share of the leading vendors in the Global Law Enforcement Software Market?

7. What modes and strategic moves are considered suitable for entering the Global Law Enforcement Software Market?

Market Dynamics

Drivers

• Advent of mobile based law enforcement software
• Adoption of IoT and integration with social media platform for public safety

Restraints

• Loosely defined standards and policies to consider for law enforcement software

Opportunities

• Advantages of big data analytics and IoT
• Adoption of cloud-based solutions among law enforcement SME agencies

Challenges

• Data extraction from complicated data sets
• Efficient storage and data management capacities

Companies Mentioned

• Accenture PLC
• Axon Enterprise, Inc.
• CODY Systems
• CyberTech Systems and Software Ltd.
• Cyrun Corporation
• Diverse Computing, Inc.
• ESRI
• Incident Response Technologies, Inc.
• International Business Machines Corporation
• Motorola Solutions, Inc.
• Nuance Communications, Inc.
• Numerica Corporation
• Omnigo Software, LLC
• Oracle Corporation
• Palantir Technologies Inc.

For more information about this report visit https://www.researchandmarkets.com/r/et1ma9

View source version on businesswire.com: https://www.businesswire.com/news/home/20210924005361/en/