According to a new report, published by KBV research, The Global Computer Aided Dispatch Market size is expected to reach $4.0 billion by 2030, rising at a market growth of 11.2% CAGR during the forecast period.
The Software segment is leading the Global Computer Aided Dispatch Market by Component in 2022; thereby, achieving a market value of $2.5 billion by 2030. CAD software has grown significantly, incorporating modern technologies like artificial intelligence, machine learning, and IoT, increasing CAD systems' capabilities and functionalities. This evolution has led to more sophisticated, user-friendly, and feature-rich software, enabling smoother and more effective emergency response operations.
The Public Safety segment is growing at a CAGR of 10.3 % during the forecast period. Advancements in CAD systems have revolutionized the public safety sector. These systems have evolved from basic call handling and dispatch tools to comprehensive, integrated platforms that facilitate various functions, including incident management, resource allocation, and real-time data sharing among emergency services. CAD systems are crucial in data integration, allowing emergency response agencies to share information seamlessly.
The North America region dominated the Global Computer Aided Dispatch Market by Region in 2022 and would continue to be a dominant market till 2030; thereby, achieving a market value of $1.6 billion by 2030. The Europe region is anticipated to grow at a CAGR of 10.8% during (2023 - 2030). Additionally, The Asia Pacific region would witness a CAGR of 12.2% during (2023 - 2030).
Full Report: https://www.kbvresearch.com/computer-aided-dispatch-market/
The market research report has exhaustive quantitative insights providing a clear picture of the market potential in various segments across the globe with country-wise analysis in each discussed region. The key impacting factors of the market have been discussed in the report with the elaborated company profiles of Motorola Solutions, Inc., Harris Computer (Constellation Software, Inc.), Carbyne Ltd., CentralSquare Technologies, CODY Computer Services, Inc., Corti ApS, Hexagon AB, Nuance Communications, Inc. (Microsoft Corporation), Tyler Technologies, Inc. and Verint Systems, Inc.
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