Police Records Management System Market Size, Share, Growth and Industry Analysis by Type (Cloud-Based, And, On-Premises) By Application (Jail Management, And, Law Enforcement), Regional Insights, and Forecast From 2024 To 2031

Police Records Management System Market Overview

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The global police records management system market size was USD 2827.24 million in 2021 and is projected to touch USD 6884.48 million by 2031 with a CAGR of 9.31% during the forecast period.

Police records management system are softwares that help in agencies that enforce law to collect, analyses, store, interpret, retrieve, and interpret data, files, and records that are related to law, and, order and other related activities. These systems help in enhancing the operational efficiency of law enforcing organizations by properly maintaining the records.

PRMS can very easily handle a large amount of data related to law and order. The data that is collected is they analyzed and interpreted. Community-oriented policing along with PRMS can significantly bring down the crime rates. Integration of AI and machine learning are further driving the market growth. These factors have contributed in police records management system market growth.

COVID-19 impact:

Strict Enforcement of Law and Order During Pandemic Increased Market Growth

The global COVID-19 pandemic has been unprecedented and staggering, with the market experiencing higher-than-anticipated demand across all regions compared to pre-pandemic levels. The sudden spike in CAGR is attributable to the market's growth and demand returning to pre-pandemic levels once the pandemic is over.

The pandemic of COVID-19, was not only the primary reason for financial crisis through out the world but it also had adverse impact on the health of people. Corona virus is an infectious disease that can spread from one person to another very rapidly. This resulted in increasing death rates of people.

Government authorities of all nations took strict actions like compulsory lockdowns, and social distancing regulations to avoid the spread of virus. Police forces had to work relentlessly during the pandemic time to enforce the rules and regulation laid down by government bodies. Large amount of data had to be handled during the pandemic period and police records management system was of great help. This increased the market development during the pandemic.  

LATEST TRENDS

Ease of Handling Large Amount of Data with the Integration of PRMS to Increase Market Growth

Each and every bit of information has to be recorded in files by the police department for future reference and uses. In this case it will become difficult to manage large volume of data manually. Police records management systems are of great help when it comes to collecting and organizing the data sources.

These systems are automated and can keep records of various types of data. Other important tasks performed by these systems are that they perform record keeping, data entry, retrieval, and tracking of required information. It helps in maintaining the records very efficiently by reducing the overload of information. When the records are maintained properly it helps in decreasing the levels of crime. This is considered as the latest trend in the market. 

Police Records Management System Market Segmentation

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• By Type:

The market can be divided on the basis of type into the following segments:

Cloud-Based, and, on-premises. The cloud-based segment is anticipated to dominate the market during the forecast period.

• By Application:

Classification based on application into the following segment:

Jail Management, and, law Enforcement. The jail management segment is predicted to dominate the market during the research period.

DRIVING FACTORS

Rising Prevalence of Community-oriented Policing to Accelerate Market Growth

Recently the focus on community-oriented policing has increased. This is a concept which involves the working of a community along with the police force to increase their own safety and quality of life. This is one of the most effective strategies adopted by the law enforcement bodies. Community-oriented policing along with PRMS can significantly bring down the crime rates.

The members of a community have a very important part in forming increasing the quality of their lives by strengthening the law, order, and security systems. Involvement of the initiatives of citizens of the concerned community has been one of the best strategies adopted by law enforcement bodies. This is prone to drive the police records management system market share.   

Integration of Various Technologies into PRMS to Propel Market Growth

One common scenario that can be very commonly found in every sector is the integration of advanced technologies into every field. Two of the most commonly integrated technologies include artificial intelligence (AI), and machine learning.

With the integration of AI, and machine learning police management systems have gained much more proficiency in carrying out their tasks. They properly analyze the need of each and every agency. The information collected is highly accurate and they facilitate achieving better results. Some of the efficient features of PRMS include in-car cameras, and high-quality video surveillance. This has positively affected the market growth.

RESTRAINING FACTOR

Difficulty in Storing Large Volume of Data to Bring Down Market Growth

Police records management systems are very vital in collecting and keeping records of data belonging to the various law enforcement bodies. Constant storage of data can sometimes lead to an overload of information and this gives rise to problems regarding storage of data.

Another challenge that is faced by the market is breach of personal information and data security. Even though installation of in-car cameras, and high-quality video surveillance can increase the safety of people these features can also lead to data security issues. This is considered as the factor restraining the market growth.

Police Records Management System Market Regional Insights

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Asia Pacific to Dominate Market in Upcoming Years

Asia Pacific predominantly dominates the market share. Many factors have favored the development of market in this region. It has been observed that many economies in this region are highly susceptible to cyber crimes and frauds.  This is due to the high economic growth that has been observed in this region.

As a result, many laws enforcement bodies in this region have adopted police records management systems. These are considered very helpful in maintain proper law and order with any given particular region. These factors are propelling the market growth.

Key Industry Players

Leading Players adopt Acquisition Strategies to Stay Competitive

Several players in the market are using acquisition strategies to build their business portfolio and strengthen their market position. In addition, partnerships and collaborations are among the common strategies adopted by companies. Key market players are making R&D investments to bring advanced technologies and solutions to the market.

LIST OF TOP POLICE RECORDS MANAGEMENT SYSTEM COMPANIES

• IBM (U.S.)
• Exterro (U.S.)
• Central Square (U.S.)
• eFORCE Software (India)
• Axon (U.S.)
• Accenture (U.S.)
• Motorola Solutions (U.S.)
• Omnigo Software (U.S.)
• Nuance Communications (U.S.)
• Column Case Management (U.S.)
• Hyland (U.S.)
• Hexagon AB (Sweden)
• Oracle (U.S.)

Report Coverage

The report provides an insight into the global and United States talent assessment industry from both the demand and supply sides. Further, it also gives information on the impact of COVID-19 on the market, the driving and the restraining factors along with the regional insights. Market dynamic forces during the forecast period have also been discussed for the better understanding of the market situations. This report is very useful for forecasting the future of this technology.