IT in Public Safety, HLS and Intelligence Agencies Market Size

IT in Public Safety, HLS and Intelligence Agencies Market size is expected to expand at around 7.2% CAGR during the forecast period i.e., between 2024-2036. The growth of the market can be primarily attributed to the growing adoption of cloud-based applications and services, and rising emergence of big data analytics in public safety and security. It is calculated that cloud data centers will process 94 percent of all workloads by the end of 2021. Around 34 percent of employees around the world have admitted that they prefer to work in the cloud. In addition to these, rapid growth of cybersecurity incidents across the world, and increase in government spending on homeland security and emergency management are also expected to drive growth to the market segment in the upcoming years. Furthermore, several separatist movements globally are still armed and highly active, which results in creation of hazardous situations for nations in which these are taking place. This is a crucial factor projected to offer ample opportunities to the market in the near future.