Computer Aided Dispatch Market Size & Global Industry Forecast Report 2021-2028

 


Computer Aided Dispatch Market

As per the research report by GMI Organization, the computer aided market is projected to witness a robust growth of 11.6% over the coming years. The growing focus on the security led to continuation of digitalization and the advent of various connected devices will propel the market growth.

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Computer Aided Dispatch Market Dynamics

The increasing adoption of cloud-based CAD software by private and public agencies is one of the prime factors steering the growth of computer aided dispatch market. Several law enforcement and government agencies are constantly enhancing the CAD solutions to manage emergency situations effectively. Moreover, the rapid increase in the crime rates across several parts of the world has persuaded government to invest in public safety solutions and certify the safety of solutions. For example, The Indian Government, in 2014, declared an investment of nearly USD 52 million to use an incorporated CAD platform in India. The growing adoption of computer aided dispatch solutions to enhance public safety will drive the computer aided dispatch market size.

The evolution of coronavirus crisis has raised the distress towards public health and safety and has increased the need of emergency health services. Additionally, the computer aided dispatch marke the leading players, such as Tyler Technologies Inc. are largely emphasising on developing advanced computer aided dispatch software with the coronavirus features to offer enhanced emergency services during the pandemic. Hence, it is likely to bolster the adoption of CAD solutions, especially for health emergency services, over the forecast period.

However, the computer aided dispatch market report projects that the inconsistency and interoperability issues faced by various agencies functioning with CAD solutions will restrain the growth of the global computer aided dispatch market. Moreover, budget constraints and the hanging equipment cycle are other factors obstructing the computer aided dispatch market share.

Regional Drivers

Based on the region, the North-America region is likely to lead the market with the highest share over the coming years. This is because of the rising need for public safety solutions, varying regulations and policies, and the accessibility of sophisticated networking and communication framework. Furthermore, the presence of leading market players, along with the growing emphasis to invest in emergency services applications by the federal government, is likely to expand the market growth. Also, the surge in defense budget in the U.S. is projected to raise the CAD software adoption for defense applications in the country.

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GMI Research is a market research and consulting firm which provides market insights and intelligence across 12 major sectors helping our clients in making effective investment and business decisions.

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