Market Share of Europe Public Safety Industry
The European public safety market is very competitive and highly concentrated due to various small and large players. All the major players account for a significant share of the market and are focusing on expanding the consumer base in the region. Some of the significant players in the market are ALE International, Hexagon AB, SAAB, and NEC Corporation. Companies are increasing their market share by forming multiple partnerships and investing in introducing new products to earn a competitive edge during the forecast period.
June 2024 - Thales's cortAIx Lab, a leading European hub for critical AI, and the CEA, a pioneering research organization, collaborated to delve into generative AI applications with a specific emphasis on intelligence and command functions. By teaming up with the CEA's proficient AI groups, Thales aims to synergize their expertise, enhancing their endeavors at cortAIx, especially in crafting solutions for the defense and security sectors.
March 2024 - The European Union approved a fresh three-year initiative that leverages artificial intelligence and advanced digital analysis to combat environmental crime. Spearheaded by the Global Initiative Against Transnational Organized Crime, ECO-SOLVE aims to equip law enforcement, policymakers, and communities with crucial insights to combat online and offline illegal wildlife trade.
Europe Public Safety Market Leaders
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ALE International
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Hexagon AB
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Atos SE
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SAAB
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NEC Corporation
*Disclaimer: Major Players sorted in no particular order
