IBM and Motorola Solutions are Leading Players in the Law Enforcement Software Market
The global law enforcement software market size is expected to grow at a Compound Annual Growth Rate (CAGR) of 9.8% during the forecast period, to reach USD 22.1 billion by 2026 from USD 12.6 billion in 2020. Increased demand for law enforcement solutions during COVID 19, rising numbers of crimes, increased focus on community-oriented policing are expected to spur the demand for law enforcement software offerings across the globe.
The major players have implemented various growth strategies to expand their global presence and increase their market shares. Key players such as IBM, Accenture, Motorola Solutions, Axon, and NICE have majorly adopted many growth strategies, such as new product launches, acquisitions, and partnerships, to expand their product portfolios and grow further in the law enforcement software market.
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IBM has been working extensively toward becoming an exclusive cloud provider. It is one of the major vendors of law enforcement software solutions and services. It primarily intends to improve the technology usage experience for both personal and commercial clients. With its cloud-based intelligent public safety offerings, IBM enables law enforcement agencies to work with better efficiency. IBM provides analytics for law enforcement solutions that help organizations predict and detect physical and cyber threats. These solutions also help in reducing crimes and improving their response and resource allocation. IBM provides scalable and suitable cloud-based solutions via IBM LEIP for several public safety and law enforcement agencies. The company offers solutions with ease and provides customized solutions to law enforcement agencies as per their requirements. The company is consistently focusing on catering to its customers with highly competent technology-enabled and tailored solutions in the law enforcement software market to hold one of the leading positions. The company is equally focused on organic and inorganic business growth strategies to strengthen its footprint in the law enforcement software market. Under the organic growth strategies, the company introduced the IBM i2 Intelligence Analysis portfolio in December 2020 to offer enhanced analytics to public safety organizations. Under the inorganic growth strategies, IBM chose to adopt partnerships, collaborations, and acquisitions. IBM acquired Expertus Technologies and Spanguo and teamed up with industry giants, such as AWS, Palantir, and Samsung, to offer enhanced solutions and services in the market.
Motorola Solutions is an eminent player in the law enforcement software market, as it provides strong offerings such as solutions, products, and services for law enforcement agencies. The company provides cloud services to law enforcement agencies and public safety companies in the law enforcement software market. These solutions and services have enabled Motorola Solutions to establish long-term relationships with its customers in several industries, including oil and gas, hospitality, and public safety. The company’s solutions are being adopted by public and private agencies across the globe. It is present in more than 100 countries globally. Currently, the company is focusing on providing cost-efficient and customized solutions to various law enforcement agencies. It adopts both organic and inorganic growth strategies to expand its business in the law enforcement software market. Under the organic growth strategies, the company has adopted new product and service launches. In recent times, the company has introduced two new offerings, including video as a service and Firefighter Radio with Broadband Data Applications, to enhance law enforcement. The company has adopted inorganic growth strategies, such as partnerships and acquisitions, under which Motorola Solutions acquired Callyo and Avigilon.
Related Reports:
Law Enforcement Software Market by Component, Solution (Digital Policing, Computer-Aided Dispatch, Jail Management), Service (Consulting, Training and Support, Implementation), Deployment Model (Cloud and On-premises), and Region - Global Forecast to 2026
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