Global Dispatch Console Market to Achieve a CAGR of 4.5%: Technical Improvements to Raise Market Value to US$2.29 Billion
The global dispatch console market is set to expand at a CAGR of 4.5% to a market value of US$2.29 billion till the end of forecast period, i.e. from 2014 to 2020. Technical improvements in every sector of the global dispatch console market, such as transportation, public safety, utilities, manufacturing and, government, have resulted in the growth of the global dispatch console market.
Improved Scalability and Interoperability of Dispatch Consoles Driving Market
The dispatch console market features a chain of panels that are equipped with communicating, monitoring, and signaling facilities that enable operators or dispatchers to efficiently coordinate, manage, and communicate work progress with all connected resources. The dispatch console market services are availed by public service agencies, rail transport, military, utilities, and road transport companies. First responder organizations such as police departments, medical service providers, and fire departments are some of the other sectors that deploy dispatch console systems.
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The momentum of the dispatch console market is clearly driven by improved scalability and interoperability, especially in mission critical operations. Technological advancements have led to an increase in easy-to-use public safety applications. Public safety applications dominated the dispatch console market in 2013. Over one fourth of the global dispatch console market, in fact close to 30% of the market, was accounted for by public safety applications and this sector promises to dominate the market during the forecast period. Demand from the dispatch console market will further increase as there is constant demand for interoperable communication systems.
Increasing Transportation, Rising Usage of Smart Devices Helping Dispatch Console Market
With an increase in road accidents, blasts, robbery, and natural disasters, safety while travelling has become the priority for any traveler. Locating a public safety agency during an emergency is always a trying task. A public safety application was recently launched by a non-profit organization in Georgia and Tennessee. By simply logging on to the safety application on a mobile device, people can read about any safety topic of personal interest or locate a safety agency for assistance. Entering your area code in the application is the only requirement to avail quick and accurate safety information. The introduction of such public safety applications in Georgia and Tennessee is a great example of the global demand for dispatch consoles. The main aim of this application is to alert people about any public safety topics that match the need of the hour.
Browse Market Research Press Release of Dispatch Console Market: http://www.transparencymarketresearch.com/pressrelease/dispatch-console-market.htm
The transportation segment is expected to grow at a faster rate than other segments, during the period from 2014 to 2020. Of all the national markets for dispatch consoles, Japan and China are collectively set to report the highest revenue by the end of 2020.
Leading participants of global dispatch console market
Advancements in communication technology have also led to growth of the global dispatch console market. Motorola Solutions Inc., Harris Corporation U.S., Airbus DS Communications U.S., Telex Radio Dispatch Australia, Exelis Inc U.S., and Zetron Inc. U.S. are some of the leading industry participants of the global dispatch console market.