Product ID: UCMIG45A2035
Report ID:
UCMIG45A2035 |
Region:
Global |
Published Date: Upcoming |
Pages:
165
| Tables: 55 | Figures: 60
The global market for computer aided dispatch was valued at USD 1.38 billion in 2019 and is projected to expand at a CAGR of 11.1% from 2020 to 2027. The market growth is driven by the increasing focus on public safety, ongoing digitization, and the rise of connected devices. The demand for CAD systems is expected to rise as government regulations and policies evolve, and companies invest in developing innovative CAD solutions. Furthermore, the adoption of cloud-based CAD software by public and private agencies is expected to fuel the growth of the global market.
This report is being written to illustrate the market opportunity by region and by segments, indicating opportunity areas for the vendors to tap upon. To estimate the opportunity, it was very important to understand the current market scenario and the way it will grow in future.
Production and consumption patterns are being carefully compared to forecast the market. Other factors considered to forecast the market are the growth of the adjacent market, revenue growth of the key market vendors, scenario-based analysis, and market segment growth.
The market size was determined by estimating the market through a top-down and bottom-up approach, which was further validated with industry interviews. Considering the nature of the market we derived the Internet Software & Services by segment aggregation, the contribution of the Internet Software & Services in Software & Services and vendor share.
To determine the growth of the market factors such as drivers, trends, restraints, and opportunities were identified, and the impact of these factors was analyzed to determine the market growth. To understand the market growth in detail, we have analyzed the year-on-year growth of the market. Also, historic growth rates were compared to determine growth patterns.
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Product ID: UCMIG45A2035