Computer Aided Dispatch Market Size, Share, Growth, Trends and Industry Analysis Report
by Susan Hill Business ConsultantThe global computer aided dispatch market size is expected to
reach USD 2.72 billion by 2025, according to a new study by Grand View
Research, Inc., expanding at a CAGR of 11.1% during the forecast period. Along
with continued evolution of government regulations and policies regarding
public safety, need to introduce innovative solutions to ensure safer and
efficient dispatch operations is also rising. This has been propelling market
growth in recent years. Continued rollout of networking and communication
infrastructure, advances in communication technology, and national public
safety initiatives being undertaken are also expected to trigger rapid growth
of the market over the forecast period.
Threats associated with criminal activities and
natural calamities are creating a need for efficient emergency response systems
and dispatch operations. As such, CAD technology has to cater to various
dispatch operation needs in law enforcement, healthcare and life sciences
industries, and transportation and utility sectors. Accordingly, the latest CAD
solutions are designed to support various applications such as deliver call
management, dispatch unit management, reporting and analysis, and intelligent
mapping. These applications are crucial for mission-critical situations.
Further
key findings from the study suggest:
- By component, the services segment is anticipated to expand at a
CAGR of over 12.0% over the forecast period owing to efficient dispatch
unit management and better security
- On the basis of vertical, the healthcare segment is expected to be
the exhibit the highest CAGR of over 12.0% through 2025, in line with
rising need for CAD systems to manage emergency medical services
- North America accounted for the largest market share in 2016 because
of developed networking and communication infrastructure and presence of
major CAD system providers
- The Asia Pacific regional market is expected to expand at the
highest CAGR over the next eight years owing to growing demand for secure
and efficient dispatch operations
- Key players in the market include Spillman Technologies, Inc.; Avtec
Inc.; Priority Dispatch Corporation; Caliber Public Safety; and Tritech
Software Systems.
Access
full research report on global computer aided dispatch market:
www.grandviewresearch.com/industry-analysis/computer-aided-dispatch-cad-market
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Created on Feb 5th 2020 06:56. Viewed 280 times.