The US and European Electronic Monitoring Market: Size & Forecast with Impact Analysis of COVID-19 (2021-2025)

The report titled “The US and European Electronic Monitoring Market: Size & Forecast with Impact Analysis of COVID-19 (2021-2025)”, provides an in depth analysis of the US and European electronic monitoring market by value, by segment, etc. The report also provides a detailed analysis of the COVID-19 impact on the electronic monitoring market.

The report also assesses the key opportunities in the market and outlines the factors that are and will be driving the growth of the industry. Growth of the overall electronic monitoring market has also been forecasted for the period 2021-2025, taking into consideration the previous growth patterns, the growth drivers and the current and future trends.

The US and European electronic monitoring market is fragmented with many major market players operating worldwide. The key players of the electronic monitoring market are G4S Plc., Big Technologies, Track Group and Satellite Tracking of People (Securus Technologies, Inc.) are also profiled with their financial information and respective business strategies.

Country Coverage

The US
Europe

Company Coverage

G4S Plc.
Big Technologies
Tack Group
Satellite Tracking of People (Securus Technologies, Inc.)

Executive Summary

The internet of things, or IoT, is an arrangement of interlinked digital devices, computers, mechanical devices, things, animals or humans that are given with distinctive references and the potential to move information over a network without the need of person-to-person or person-to-machine interaction.

EM short form of electronic monitoring is a type of electronic imprisonment, often in the expression of a hand band or anklet that can watch a person’s position, and also their blood alcohol level or breathe sometimes. EM involves using position technologies to closely watch and manage subject within correctional arrangements. Monitoring is generally used during probation or parole. Sometimes they are used as a way for decreasing prison or jail populations. EM (Electronic monitoring) has also been utilized to trace juveniles, immigrants waiting for legal procedure, people in drug rehab centres, and people accused or convicted of DUIs or domestic violence.

The US and European electronic monitoring market can be segmented on the basis of segment, such as global positioning system (GPS) and radio frequency (RF).

The US and European electronic monitoring market increased significantly during the years 2016-2020 and projections are made that the market would rise in the next four years i.e. 2021-2025 tremendously. The electronic monitoring market is expected to increase due to the high cost of incarceration and detention, growing migrant / asylum seeker populations, increasing digital enablement, growing globalization, increasing cybercrimes, technological advancements and government policies supporting the market. Yet, the market faces some challenges such as false alarms and costly electronic home monitoring.

The COVID-19 pandemic had a positive impact on the US and European electronic monitoring market. Since the onset of the pandemic, governments have been facing the dilemma of reducing jail populations to avoid the spread of disease, while still keeping the community safe.