Growing Cyber Crime Incidents Necessitate Robust Public Safety Software Apparatus: Fact.MR
NEW YORK, March 5, 2021 /PRNewswire/ -- Adoption of public safety software continues to grow, with a new report by Fact.MR estimating revenues to grow at nearly 30% through 2031. Growing instances of cybercrime, especially the spike witnessed during COVID-19, has accelerated adoption of public safety software. Fact.MR's analysis reveals that adoption of public safety software among law enforcement agencies will further gain traction in 2021.
According to FBI crime report 2019, 1.7 billion cyber-crime-related financial losses were reported in the U.S. Surging cases of cybercrimes have been fuelling the demand for public safety software.