The rise of mobile analytics and data analytics is driving the growth of the global law enforcement software market. Many small and medium-sized enterprises enter the business and provide advanced law enforcement software solutions, creating new growth opportunities for the global market. On a region basis, North America contributed the highest market share in 2021, accounting for more than a third of the global law enforcement software market share.
Portland, OR, Aug. 25, 2022 (GLOBE NEWSWIRE) — According to the report published by Allied Market Research, the global law enforcement software market revenue of $13.6 billion in 2021 and projected to be $30.6 billion in 2031, with a CAGR of 8.5% from 2022 to 2031. The market research survey provides detailed analysis of evolving industry trends, top segments, value chain analysis , key business scenarios for investment, regional space and competitive space. The study is an important source of information for major players, entrepreneurs, shareholders and owners as they generate new strategies for the future and take steps to improve their market position. The report provides an in-depth quantitative analysis of the market from 2022 to 2031 and guides investors in allocating funds to the rapidly evolving industry.
Report Coverage & Details:
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Reporting coverage |
Details |
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Forecast Period |
2022-2031 |
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Base year |
2021 |
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Market size in 2021 |
$13.6 billion |
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Market size in 2031 |
$30.6 billion |
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CAGR |
8.5% |
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Number of pages in report |
283 |
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Covered segments |
Offering, Deployment Model and Region |
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drivers |
The proliferation of crimes such as cybercrime has increased the demand for law enforcement software. |
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The huge demand for mobile device-based law enforcement software has increased the popularity of law enforcement software around the world. |
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Emergence of mobile analytics and data analytics. |
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limits |
Lack of awareness about the benefits of the law enforcement software. |
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Rising privacy concerns. |
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Possibilities |
Many small and medium-sized enterprises enter the business. |
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Small and medium businesses provide advanced law enforcement software solutions. |
Covid-19 scenario
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The Covid-19 pandemic negatively impacted the growth of the global law enforcement software market as many law enforcement software vendors suffered heavy losses during the pandemic due to the lockdown imposed by governments around the world.
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The global market will prosper after the pandemic with law enforcement officers and police personnel initiating the digitization of investigative procedures.
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The adoption of the remote way of working and the demand for cloud-based law enforcement software for processing important information in businesses will drive growth opportunities for the global market after the COVID-19 pandemic.
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The report provides a detailed segmentation of the global law enforcement software market by offering, deployment model and region. It provides in-depth analysis of each segment and sub-segment in tables and figures from which consumers can draw a conclusion about market trends and insights. The analysis of the market report helps organizations, investors and entrepreneurs understand which sub-segments need to be tapped to achieve massive growth in the coming years.
In terms of supply, the software segment was the largest in 2021, accounting for about three quarters of the total share of the global law enforcement software market. In addition, this segment is forecast to maintain its dominant position over the forecast period. However, the service segment will record the highest CAGR of 9.8% from 2022 to 2031.
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Based on the deployment model, the on-premise segment had the largest share in 2021, accounting for more than half of the total market share of law enforcement software. In addition, this segment is predicted to have the largest market share by 2031. However, the cloud segment is also expected to record the fastest CAGR of 9.1% over the forecast period.
By region, North America contributed the highest market share in 2021, accounting for more than a third of global law enforcement software industry part. In addition, the Asia-Pacific region will be a major contributor to the global market share in 2031. However, the Asia-Pacific law enforcement software market is projected to register the highest CAGR of 10.5% during the forecast period. The study also analyzes regions, including LAMEA and Europe.
Key participants in the global law enforcement software market examined in the study include Accenture, ALEN Inc., CAPERS Software, CODY Systems, Column Case Management, Cyrun, eForce, Esri, Guardian Alliance Technologies, Hexagon AB, IBM Corporation, Lexipol LLC, Matrix Pointe Software, LLC, NICE, Omnigo Software, Presynct Technologies, Inc. and Tracker Products.
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The report evaluates these major players in the global law enforcement software industry. These players have executed a variety of key business strategies such as regional and customer base expansion, new product launches, strategic alliances and joint ventures to expand product lines across global markets. The market research report supports the performance monitoring of each segment, the positioning of each product in its respective segments, and the impact of new technology and products.
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Allied Market Research (AMR) is a full-service market research and business advisory division of Allied Analytics LLP, based in Portland, Oregon. Allied Market Research offers global enterprises as well as medium and small businesses an unparalleled quality of Market Research Reports and Business Intelligence Solutions. AMR has a focused vision to provide business insights and advice to help its clients make strategic business decisions and achieve sustainable growth in their respective market domain.
Pawan Kumar, the CEO of Allied Market Research, leads the organization to deliver high-quality data and insights. We have professional business relationships with several companies and this helps us to dig up market data that helps us generate accurate tables of research data and confirm pinpoint accuracy in our market forecasts. All data presented in the reports published by us has been extracted through primary interviews with top executives of leading companies in the field. Our secondary data procurement methodology includes in-depth online and offline research and discussion with expert professionals and industry analysts.
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