North American Market Forecast
Out of all regions, the North America region is anticipated to garner the highest revenue with a 41% share in the market. The growth of the market in the region can be propelled by the strong adoption of advanced technologies in public places and public events. The market is expected to grow further, given the presence of a number of important regional players. In the United States, several major players are expected to have significant market shares. In addition, the major players have increased their research and development expenditure. In 2019, Americans took 9.9 billion trips on public transportation. 34 million times each weekday, people board public transportation.
European Market Statistics
The European crowd management and event security market is predicted to have a market revenue of 31% share by the end of 2036. Europe’s region is expected to become more and more dynamic by bringing about numerous developments in the region such as smart cities. Additionally, there has been an increasing installation of CCTV cameras in malls, airports, and other areas, which is predicted to boost the market’s growth in the Europe region.
Author Credits: Abhishek Verma
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