The research report provides an in-depth analysis of the public safety and security market in five major geographies and emphasizes on the current market trends, size, and share, recent developments, and forecast till 2030. The global public safety and security market is expected to reach $461.8 billion by 2030 from an estimated $217.9 billion in 2023, at a CAGR of 11.3% during the forecast period 2023-2030.
Public safety and security refer to a set of safety devices, software, and services to prevent and protect the public, infrastructure, places, and several other areas from events that could endanger safety. Safety products such as surveillance cameras, intruder detection, biometric and authentication devices are generally adopted by the government to ensure the protection of citizens, persons in the territory, organizations, and institutions against threats to their well-being, survival, and prosperity.
The growth of the public safety and security market is driven by the growing utilization of AI, ML, and analytics technologies in public safety and security applications, increasing awareness and initiatives for public safety and security, and government focus on managing the needs of the rising urban population. However, the significant initial investments required to implement public safety and security solutions restrain the growth of this market. The integration of cloud computing and big data analytics in public safety and security solutions and the rising incidence of terrorism and security breaches are expected to generate market growth opportunities. However, the complexities in implementing advanced public safety and security systems and the rising cases of data theft are major challenges for market stakeholders.
The global public safety and security market is segmented by offering, technology, application, end use, and geography. The study also evaluates industry competitors and analyses the country and regional-level markets.
Based on offering, the global public safety and security market is segmented into safety devices, safety software, and safety services. The safety services segment is expected to register the highest CAGR during the forecast period. The growth of this segment is attributed to the increasing demand for specialized safety services to address specific safety and security challenges. Safety services such as critical infrastructure security, emergency medical, firefighting, and disaster management services are critical in ensuring the safety and well-being of citizens and critical assets.
Based on technology, the global public safety and security market is segmented into the internet of things, artificial intelligence, cloud computing, machine learning, cybersecurity, and other technologies. The internet of things segment is expected to register the highest CAGR during the forecast period. The growth of this segment is attributed to the rising demand for real-time data insights and improved situational awareness.
Based on application, the global public safety and security market is segmented into data gathering, mapping and 3D imaging, threat detection, security and incident management, monitoring, fire and explosion examination, network security, and other applications. The security and incident management segment is expected to register the highest CAGR during the forecast period. The growth of this segment is attributed to the need to respond effectively to emergencies, the increasing adoption of smart city technologies, and the integration of IoT devices.
Based on end use, the global public safety and security market is segmented into warehouses & depots, workplaces, shopping malls & retail stores, schools & universities, hospitals & healthcare, residential, transportation, and other end uses. The hospitals and healthcare segment is expected to register the highest CAGR during the forecast period. The growth of this segment is driven by the need to ensure the safety of patients, medical staff, and sensitive medical data within healthcare facilities. Safety devices used in hospitals and healthcare facilities include access control systems, surveillance cameras, and panic alarms. Additionally, safety services such as emergency response planning and patient tracking are widely used for maintaining a safe healthcare environment. The implementation of safety solutions in hospitals and healthcare facilities is rising due to increasing incidents of violence and security breaches. Advances in telemedicine platforms and remote patient monitoring are driving the adoption of digital healthcare security solutions. Furthermore, the rising integration of security systems with electronic health records contributes to the growth of this segment.
Based on geography, the public safety and security market is segmented into North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa. Europe is slated to register the highest CAGR of the global public safety and security market during the forecast period. The public safety and security market in Europe is experiencing significant growth due to the rising concern over terrorism, cyber threats, and crime. European governments and organizations are increasingly investing in advanced security solutions to combat these challenges and ensure public safety.
Public safety and security refer to a set of safety devices, software, and services to prevent and protect the public, infrastructure, places, and several other areas from events that could endanger safety. Safety products such as surveillance cameras, intruder detection, biometric and authentication devices are generally adopted by the government to ensure the protection of citizens, persons in the territory, organizations, and institutions against threats to their well-being, survival, and prosperity.
The growth of the public safety and security market is driven by the growing utilization of AI, ML, and analytics technologies in public safety and security applications, increasing awareness and initiatives for public safety and security, and government focus on managing the needs of the rising urban population. However, the significant initial investments required to implement public safety and security solutions restrain the growth of this market. The integration of cloud computing and big data analytics in public safety and security solutions and the rising incidence of terrorism and security breaches are expected to generate market growth opportunities. However, the complexities in implementing advanced public safety and security systems and the rising cases of data theft are major challenges for market stakeholders.
The global public safety and security market is segmented by offering, technology, application, end use, and geography. The study also evaluates industry competitors and analyses the country and regional-level markets.
Based on offering, the global public safety and security market is segmented into safety devices, safety software, and safety services. The safety services segment is expected to register the highest CAGR during the forecast period. The growth of this segment is attributed to the increasing demand for specialized safety services to address specific safety and security challenges. Safety services such as critical infrastructure security, emergency medical, firefighting, and disaster management services are critical in ensuring the safety and well-being of citizens and critical assets.
Based on technology, the global public safety and security market is segmented into the internet of things, artificial intelligence, cloud computing, machine learning, cybersecurity, and other technologies. The internet of things segment is expected to register the highest CAGR during the forecast period. The growth of this segment is attributed to the rising demand for real-time data insights and improved situational awareness.
Based on application, the global public safety and security market is segmented into data gathering, mapping and 3D imaging, threat detection, security and incident management, monitoring, fire and explosion examination, network security, and other applications. The security and incident management segment is expected to register the highest CAGR during the forecast period. The growth of this segment is attributed to the need to respond effectively to emergencies, the increasing adoption of smart city technologies, and the integration of IoT devices.
Based on end use, the global public safety and security market is segmented into warehouses & depots, workplaces, shopping malls & retail stores, schools & universities, hospitals & healthcare, residential, transportation, and other end uses. The hospitals and healthcare segment is expected to register the highest CAGR during the forecast period. The growth of this segment is driven by the need to ensure the safety of patients, medical staff, and sensitive medical data within healthcare facilities. Safety devices used in hospitals and healthcare facilities include access control systems, surveillance cameras, and panic alarms. Additionally, safety services such as emergency response planning and patient tracking are widely used for maintaining a safe healthcare environment. The implementation of safety solutions in hospitals and healthcare facilities is rising due to increasing incidents of violence and security breaches. Advances in telemedicine platforms and remote patient monitoring are driving the adoption of digital healthcare security solutions. Furthermore, the rising integration of security systems with electronic health records contributes to the growth of this segment.
Based on geography, the public safety and security market is segmented into North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa. Europe is slated to register the highest CAGR of the global public safety and security market during the forecast period. The public safety and security market in Europe is experiencing significant growth due to the rising concern over terrorism, cyber threats, and crime. European governments and organizations are increasingly investing in advanced security solutions to combat these challenges and ensure public safety.
Key Players
The key players operating in the global public safety and security market are Hexagon AB (Sweden), Fujitsu Ltd. (Japan), Robert Bosch GmbH (Germany), Atos SE (France), Cisco Systems, Inc. (U.S.) Saab AB (Sweden), Airbus SE (Netherlands), Siemens AG (Germany), Intel Corporation (U.S.), Fotokite AG (Switzerland), CityShob (Israel), 3xLOGIC (U.S.), L3Harris Technologies, Inc. (U.S.), OnSolve (U.S.) and Haystax (U.S.).Key Questions Answered in the Report:
- Which are the high-growth market segments in terms of process, application, and geography?
- What is the historical market size for the public safety and security market across the globe?
- What are the market forecasts and estimates for the period 2023-2030?
- What are the major drivers, restraints, opportunities, and challenges in the global public safety and security market?
- Who are the major players in the market, and what are their market shares?
- How is the competitive landscape for the global public safety and security market?
- What are the recent developments in the global public safety and security market?
- What are the different strategies adopted by the major players in the market?
- What are the key geographic trends, and which are the high-growth countries?
- Who are the local emerging players in the global public safety and security market, and how do they compete with other players?
Scope of the Report
Public Safety and Security Market, by Offering
- Safety Services
- Managed Services
- Disaster Management Services
- Critical Infrastructure Security Services
- Emergency Medical Services
- Firefighting Services
- Other Managed Services
- Professional Services
- Safety Devices
- Surveillance Cameras
- Sensors
- Radar
- LiDAR
- Geodetic Sensors
- Geotechnical and environmental sensors
- Other Sensors
- Biometric and Authentication Devices
- Safety Alarms
- Intruder Detection Devices
- Critical Communication Devices
- Other Safety Devices
- Safety Software
- Geographic Information Systems
- Access Control Software
- Building Management Software
- Vehicle Recognition Software
- Behavior Analytics software
- Other Safety Software
Public Safety and Security Market, by Technology
- Internet of Things
- Cybersecurity
- Cloud Computing
- Machine Learning
- Artificial Intelligence
- Other Technologies
Public Safety and Security Market, by Application
- Security and Incident Management
- Threat Detection
- Fire and Explosion Examination
- Network Security
- Monitoring
- Data Gathering
- Mapping and 3D Imaging
- Other Applications
Public Safety and Security Market, by End Use
- Transportation
- Roadways
- Railways
- Airways
- Waterways
- Workplaces
- Shopping malls & Retail stores
- Residential
- Hospitals & Healthcare
- Warehouses & Depots
- Schools & Universities
- Other End Uses
Public Safety and Security Market, by Geography
- North America
- U.S.
- Canada
- Asia-Pacific
- China
- Japan
- India
- South Korea
- Taiwan
- Rest of Asia-Pacific
- Europe
- Germany
- U.K.
- France
- Italy
- Spain
- Rest of Europe
- Latin America
- Middle East & Africa
Table of Contents
1. Introduction
2. Research Methodology
3. Executive Summary
4. Market Insights
5. Global Public Safety and Security Market Assessment - by Offering
6. Global Public Safety and Security Market Assessment - by Technology
7. Global Public Safety and Security Market Assessment - by Application
8. Global Public Safety and Security Market Assessment - by End Use
9. Public Safety and Security Market Assessment - by Geography
10. Competition Analysis
11. Company Profiles
12. Appendix
List of Tables
List of Figures
Companies Mentioned
- Hexagon AB (Sweden)
- Fujitsu Ltd. (Japan)
- Robert Bosch GmbH (Germany)
- Atos SE (France)
- Cisco Systems Inc. (U.S.) Saab AB (Sweden)
- Airbus SE (Netherlands)
- Siemens AG (Germany)
- Intel Corporation (U.S.)
- Fotokite AG (Switzerland)
- CityShob (Israel)
- 3xLOGIC (U.S.)
- L3Harris Technologies Inc. (U.S.)
- OnSolve (U.S.) and Haystax (U.S.)
