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The global IoT for public safety market is predicted to thrive substantially during the assessment era from 2022 to 2030 at a healthy CAGR of approximately 14.75% to attain a valuation of around USD 5.35 Billion by the end of 2030. The market is fragmented and intensely competitive as a result of the existence of numerous domestic and international industry participants. The increase in smart city initiatives implemented around the world, particularly in developing nations, is expected to boost market growth over the forecast period. Additionally, the increasing use of ML and AI in security and safety solutions is expected to offer robust opportunities.
