Dispatch Console Market finds Strongest Growth in Asia Pacific
In one of their latest reports, Transparency Market Research, stated that the global dispatch console market is expected to rise at a CAGR of 3.9% between 2017 and 2025.
The presence of some well-entrenched players along with several medium, small, and unorganized players features fragmentation in the global dispatch console market.
As there is strong competition in this market, investments in newer technologies and research & development are neccesarily in addition to the offering of innovative products and customized solutions.
Vertical markets
The main driver for growth in the global dispatch console market is an increased need for a reliable communication process among businesses for information dissemination in a timely and effective manner. Besides this, rising concerns about the safety aspect of human beings, assets, infrastructure, and others due to increasing instances of unforeseen incidents and emergency situations is also acting in favor of the dispatch console market.
The report states further that the Public Safety market held the leading share of the market in 2016 vis-à-vis revenue. Transportation is another significant application segment of the dispatch console market in terms of market share. Government and defense also hold a substantial share in the market.
Growth by Region
According to the study, Asia Pacific is predicted to lead in terms of growth over the forecast period. The region is followed by the Middle East and Africa in terms of market share The increasing instances of socio-political unrest in the region are necessitating the deployment of effective communication systems for safety of life and property. South America, powered by Brazil and Argentina, is yet another region that is expected to display promising growth in the global dispatch console market over the forecast period. This is mainly because of substantial investments in the safety and security space generally and because of the safety considerations of athletes in the Olympics Games held in Brazil in 2016. North America and Europe are expected to display sluggish growth in the dispatch console market over the forecast period.
