ePrison Market By Offering (Hardware, Software), By Application (Video Surveillance & Video Conferencing, Access Control, Prison Information Management, Prison Administration, Others) - Growth, Future Prospects & Competitive Analysis, 2019 – 2027

The global prison market was valued at US$ 1.81 billion in 2018 and is expected to grow at a 6.2% CAGR from 2019 to 2027.

North America Dominates; Asia Pacific to Register Strong Growth During the Forecast Period

In 2018, the adoption and deployment of prison solutions were highest in North America, followed by Europe and Asia Pacific, respectively. The value contribution of North America to the global e-prison market stood at over 36% in the same year. The U.S. represents the largest e-prison market in North America and worldwide. The dominance of the U.S. can be largely attributed to the high incarceration rate (724 people per 100,000) and huge prison population in the country.

In a bid to manage the records of a large number of prisoners effectively, prison management solutions have been deployed at almost all prisons, jails, and correctional facilities in the U.S. On the other hand, Asia Pacific is estimated to register superior growth during the forecast period from 2019 to 2027. The anticipated growth will come from the initiatives taken by the governments to modernize correctional homes and prisons in their respective countries.

Video Surveillance and Conferencing Solutions to Dominate Throughout the Forecast Period

The value contribution of video surveillance and conferencing solutions was highest in the global e-prison market. Video surveillance and conferencing solutions accounted for over one-third of the global e-prison market's value in the base year of 2018. Incidents within prison walls involving drug use, inmate violence, and officer misconduct are some of the unfortunate acts that have increased over the last few years.

The rise in the number of such incidents, coupled with advances in security technologies, has compelled prison administrators to upgrade their existing video surveillance infrastructure. This, in turn, has helped administrators achieve comprehensive monitoring and provide an increased level of safety to workers and inmates. Furthermore, governments around the world are working to install video conferencing solutions in every prison so that prisoners can attend trials from behind bars and receive free legal aid.

Key Players:

Some of the leading vendors profiled in the research study include Axis Communications AB, Cisco Systems Inc., Bosch Security, and Safety Systems, Huawei Technologies Co., Ltd., Fujitsu, IBM Corporation, NEC Corporation, Montgomery Technology, Inc., Tyler Technologies, Inc., and Thales Group, among others.

Periods of History and Forecast

This research study provides qualitative as well as quantitative insights for each segment and sub-segment from 2017 to 2027, considering 2018 as the base year for the research. The CAGR (compound annual growth rate) for each segment and sub-segment is calculated for the forecast period from 2019 to 2027.

Report Scope by Segments

Key questions are answered in this report.

  • What was the global e-prison market size in 2017 and 2018?
  • What are the estimated forecasts and market projections from 2019 up to 2026?
  • Which is the largest regional e-prison market?
  • Which offering segment contributes the largest revenue worldwide?
  • Which application segment has the highest global adoption of prison solutions?
  • Predominant trends shaping the e-prison market worldwide
  • Who are the leading solution providers in the global e-prison market worldwide?
  • What are the key strategies adopted by the solution providers in the global e-prison market?

Frequently Asked Question:

The market for ePrison Market is expected to reach USD$ 1.81 Bn in 2027.

The ePrison Market is expected to see significant CAGR growth over the coming years, at 6.2%.

The report is forecasted from 2019 -2027.

The base year of this report is 2018.

Bosch Security, and Safety Systems, Huawei Technologies Co., Ltd., Fujitsu, IBM Corporation, NEC. are some of the major players in the global market.

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Published Date:  Jun 2019
Category:  Technology & Media
Report ID:   59717
Report Format:   PDF
Pages:   120
Rating:    4.2 (58)
Delivery Time: 24 Hours to 48 Hours   
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