• Investing
  • Stock
Round Table Thoughts
  • Economy
  • Editor’s Pick
Home Editor's Pick The electronic offender monitoring market in Europe and the Americas to reach US$ 2.1 billion in 2026
Editor's Pick

The electronic offender monitoring market in Europe and the Americas to reach US$ 2.1 billion in 2026

by January 27, 2023
by January 27, 2023 0 comment
Share
0
FacebookTwitterPinterestWhatsapp

Berg Insight, the leading IoT market research provider, today released new findings about the market for Electronic Monitoring (EM) of offenders.

The number of participants in EM programmes on a daily basis in Europe, North America and Latin America amounted to about 50,000, 371,000 and 96,000 respectively during 2021. Berg Insight estimates that the number of daily users will grow to 77,000 in Europe, 821,000 in North America and 184,000 in Latin America by 2026. The market value in 2021 reached US$ 947 million in North America, US$ 224 million in Europe and US$ 75 million in Latin America. The total market value in the three regions combined is forecasted to grow at a CAGR of 10.8 percent from US$ 1.2 billion in 2021 to US$ 2.1 billion in 2026.

Electronic monitoring (EM) programmes were first introduced in the US in the early 1980s. Today, EM is an established alternative to detention across Europe and North America and in some Latin American countries. The aim of EM programmes is to increase offender accountability, reduce recidivism rates and enhance public safety by providing an additional tool to traditional methods of community supervision. Policy makers, corrections authorities and private sector service providers advocate for extended EM programmes to reduce total correctional system costs and reduce the prison population.

There are two dominant technologies used for electronic monitoring – Radio Frequency (RF) and GPS. RF-based systems are today the most common type of solution in most European countries. In the US, Brazil and other countries in Latin America, GPS-based solutions are more common. A number of private companies are involved in the provisioning of EM, including supplying and installing equipment, providing monitoring as well as undertaking enforcement. Leading providers of EM equipment and services include US-based BI Inc. (GEO Group), Sentinel Offender Services, SCRAM Systems, Securus Technologies, Shadowtrack and Track Group; UK-based Buddi and G4S (Allied Universal); Israel-based Attenti (Allied Universal) and SuperCom; and Brazil-based Spacecom and Synergye.

“The electronic offender monitoring market continues to grow, partly driven by increasing adoption of GPS-based and smartphone-based solutions”, says Martin Backman, Senior Analyst at Berg Insight.

As the technology develops and proves to be effective in programmes in Europe, North America and Latin America, adoption will follow in additional jurisdictions. Software solutions that help officers to better manage their caseload are at the same time an increasingly important part of an EM solution.

Mr. Backman concludes:

“Modern data analytics tools can identify offender behavioural patterns and possibly also predict future EM programme violations or other offences.”

Download report brochure: Electronic Offender Monitoring Solutions

The post The electronic offender monitoring market in Europe and the Americas to reach US$ 2.1 billion in 2026 appeared first on IoT Business News.

You Might Also Like
  • Building Brand Names: 5 IoT Startups to Look Out for in 2023
  • Netflix secures U.S. rights to the FIFA Women’s World Cup in 2027, 2031
  • Microsoft plans September cybersecurity event to discuss changes after CrowdStrike outage
  • OpenAI considering 16 states for data center campuses as part of Trump’s Stargate project
Share
0
FacebookTwitterPinterestWhatsapp

previous post
Colorado Masterpiece Cakeshop owner loses appeal over gender transition cake
next post
Sentiens unveils its Multi-Technologies LPWAN Core Network Offer

You may also like

UAW and Ford reach tentative agreement, potentially ending strike at...

October 29, 2023

Argentine President Milei faces impeachment calls for promoting cryptocurrency that...

February 19, 2025

Apple boosts U.S. investment plans with $500 billion pledge amid...

February 24, 2025

Southwest Airlines faces FAA audit over string of near-miss incidents

July 24, 2024

Hours after state board rebuke, Disney announces groundbreaking for affordable...

April 21, 2023

Flagging sales and Elon Musk’s political activities are rocking Tesla’s...

March 17, 2025

First Republic’s stock sinks as analysts monitor banking sector stress,...

April 26, 2023

CFPB rule to save Americans $10 billion a year in...

May 10, 2024

Gap taps top Mattel executive to be its new CEO

July 28, 2023

Tesla recalls 200,000 vehicles over backup camera glitch

January 27, 2024

    Stay updated with the latest news, exclusive offers, and special promotions. Sign up now and be the first to know! As a member, you'll receive curated content, insider tips, and invitations to exclusive events. Don't miss out on being part of something special.


    By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

    Recent Posts

    • Nike pushes back Skims launch with Kim Kardashian due to production delays

      June 19, 2025
    • The Fed Is Getting It Wrong AGAIN As They Hold Rates Steady

      June 19, 2025
    • DOJ seizes record $225 million in crypto tied to global ‘pig butchering’ scams

      June 19, 2025
    • Feeling Unsure About the Stock Market’s Next Move? These Charts Can Help

      June 18, 2025
    • Amazon expects to cut corporate jobs as it relies more on AI

      June 18, 2025

    Popular Posts

    • 1

      Biden appointee played key role in recruiting Chinese...

      June 25, 2024 3,599 views
    • 2

      Trump-era China sanctions ended by Biden may be...

      June 27, 2024 2,874 views
    • 3

      Walz’s honeymoon with China gets fresh scrutiny as...

      August 9, 2024 2,578 views
    • 4

      Shein’s global ambitions leaves some cybersecurity experts fearful...

      July 10, 2024 2,541 views
    • 5

      Harris VP pick spent years promoting research facility...

      August 29, 2024 2,417 views

    Categories

    • Economy (7,009)
    • Editor's Pick (2,140)
    • Investing (538)
    • Stock (2,620)

    Popular Posts

    • 1

      Biden appointee played key role in recruiting Chinese businesses to Delaware: ‘Longtime friends’

      June 25, 2024
    • 2

      Trump-era China sanctions ended by Biden may be revived under new House GOP bill

      June 27, 2024
    • 3

      Walz’s honeymoon with China gets fresh scrutiny as Harris camp blasts ‘lying’ critics

      August 9, 2024
    • 4

      Shein’s global ambitions leaves some cybersecurity experts fearful of Chinese spy threats

      July 10, 2024
    • 5

      Harris VP pick spent years promoting research facility that collaborated with ‘Chinese military company’

      August 29, 2024

    Latest News

    • Nike pushes back Skims launch with Kim Kardashian due to...

      June 19, 2025
    • The Fed Is Getting It Wrong AGAIN As They Hold...

      June 19, 2025
    • DOJ seizes record $225 million in crypto tied to global...

      June 19, 2025

    Categories

    • Economy (7,009)
    • Editor's Pick (2,140)
    • Investing (538)
    • Stock (2,620)

    Disclaimer: RoundTableThoughts.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

    Copyright © 2024 RoundTableThoughts.com. All Rights Reserved.

    Round Table Thoughts
    • Investing
    • Stock
    Round Table Thoughts
    • Economy
    • Editor’s Pick

    Read alsox

    Meta is finally bringing ads to...

    June 17, 2025

    Honda recalls more than 2.5 million...

    December 23, 2023

    Mortgage rates are now at the...

    April 19, 2024
    Sign In

    Keep me signed in until I sign out

    Forgot your password?

    Password Recovery

    A new password will be emailed to you.

    Have received a new password? Login here