Scope of Application for CAD Systems to Widen With IoT Proliferation

Posted by Preet on February 12th, 2020

The computer aided dispatch market is expected to close in on revenues worth over US$ 1,500 Mn in 2019, according to a recent research of Fact.MR. Growth of the computer aided dispatch market remains influenced by innovations and advancements in technology aiding in widening the scope of application of CAD systems.

The report opines that although on-premise computer aided dispatch systems will continue to hold a significant share of the market, demand for cloud-based CAD systems will increase in the near future. The competition in the logistics and e-commerce sectors is intensifying, as companies shift their focus toward streamlining their dispatch solutions and call centers, to expand their customer base.

To offer a comprehensive assessment of opportunities, the study makes a scrutiny of growth prospects in various regions. The key regions comprise the following geographical segments:

• North America
• Latin America
• Europe
• South Asia
• East Asia
• Oceania
• MEA

The detailed assessments focus on, inter alia, on the regulatory and macroeconomic frameworks, prevailing pricing structure, imminent investment pockets, and emerging application areas. Taking the analysis further, the study helps readers get a better understanding of the trends characteristics of the emerging markets, including government regulations crucial to growth of such markets. Shares of major regional markets are also presented in the analysis.

The study provides detailed profile of key players and their offering in the CAD market, which include

• Central Square Technologies
• Avtec Inc
• Harris Systems USA Inc
• Zetron, Inc
• Hexagon Safety & Infrastructure
• Motorola Solutions
• Priority Dispatch Corp
• Tyler Technologies, Inc
• Southern Software, Inc
• Cody Systems
• Traumasoft
• DoubleMap
• NowForce
• Fdm Software

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The report offers insight into the competitive dynamic in the CAD market which has shaped the major strategies of each player. It also covers recent moves such as partnerships and collaborations, mergers and acquisitions, diversification and research investments, of each prominent player. The key factors that shape the entry barrier and intensity of competition in the CAD market are presented in the analysis. Further, the study provides PESTLE analyses of numerous players and an evaluation of how the competitive landscape will evolve over the forecast period.

Growing Investments by Public Safety Institutions to Underpin Growth

As modern computer aided dispatch systems enable public safety and law enforcement institutions to gain real-time information on contemporary incidences, state administrations and public safety institutions are investments into upgrading their existing call management systems. For instance, Calgary’s government recently collaborated with Hexagon Safety & Infrastructure to upgrade its 911 response systems. On similar lines, the Scotts Bluff County in Nebraska, USA also deployed computer aided dispatch systems across different public safety verticals to shorten response times and serve citizens better.

Sophisticated computer aided dispatch systems, integrated with artificial intelligence and navigation technologies, recommend efficient routes, monitor resources, and streamline the complete dispatching process, which in turn aids in curtailing the response times. The study opines widespread adoption of computer aided dispatch systems in governmental organizations to bolster market growth, with revenues estimated at nearly US$ 600 Mn in 2018.

Computer aided dispatch services are finding robust demand in law enforcement agencies, as enhanced sophisticated computer aided dispatch systems continue to benefit these in managing calls on the basis of their priority to keep radio channels free for higher priority incidences. Features such as silent dispatching which allows law enforcement agencies to respond quickly are further adding to the growing popularity of the computer aided dispatch systems.

Innovations in the field are upholding the demand with new systems, such as Garda, being developed to overcome the shortcomings of the existing systems. Garda has been designed to allow central monitoring of incidences and calls, which will enable public safety organizations to dispatch the nearest responders circumventing the current problems that divisional response units face.

The global CAD market report answers numerous pertinent questions, some of which are:

• What are some of the latent areas of investments in the CAD market?
• Which region is expected to emerge as showing the most attractive growth rate during the forecast period and which factors will be crucial to its growth?
• What trends are likely to change the status quo of the positions held by leading players of the CAD market in the not-so-distant future?
• Which product/service/technology segments holds game-changing potential to dramatically shape the competitive dynamic in the CAD market?
• What are the strategies adopted by top players to retain their stronghold in the CAD market?
• Which strategic moves will new entrants adopt to gain a strong foothold in the CAD market?

How can Fact.MR Make Difference?

1. In-depth understanding of key industry trends shaping the present growth dynamics
2. Offers value chain analysis and price trend analysis of various offering of competitors
3. Offers data-drive decision to help companies decide strategies that need recalibration
4. Offers insights into areas in research and development that should attract
5. Identifies data outliers before your competitors