Public Safety and Security Market Size Worth USD 1,160.32 Billion by 2032 | CAGR: 10.7%

The public safety and security market size is expected to reach USD 1,160.32  billion by 2032, according to a new study by Polaris Market Research. The report “Public Safety and Security Market Size, Share, Trends, Industry Analysis Report: By Solution; Service; Application; Deployment (On-premises and Cloud); Software Type; and Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) – Market Forecast, 2024–2032” gives a detailed insight into current market dynamics and provides analysis on future market growth.

The public safety and security market is a dynamic and essential sector that encompasses a wide range of services, technologies, and solutions aimed at ensuring the safety and well-being of individuals, communities, and assets. The demand for effective public safety measures becomes increasingly critical as urbanization continues to rise, populations grow, and the complexities of modern society evolve. The market landscape is continually shaped by technological advancements, regulatory changes, and emerging threats, making it a complex yet vital area of focus for governments, private enterprises, and non-profit organizations.

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One of the key drivers of growth in the public safety and security market is the increasing prevalence of crime and terrorism worldwide. High-profile incidents, ranging from cyberattacks to mass shootings, have raised public awareness and highlighted the need for comprehensive security measures. As a result, governments are investing heavily in enhancing their law enforcement capabilities, employing advanced technologies such as artificial intelligence (AI), data analytics, and machine learning to predict and prevent criminal activities.

Public Safety and Security Market Report Highlights

• By deployment outlook, the cloud segment in the public safety and security market is expected to experience substantial growth from 2024 to 2022 due to its scalability and cost-effectiveness. The rising digital transformation further propels the segment growth.
• In the global market, North America public safety and security market has the highest revenue share due to the significant investment by federal, state, and local governments in advanced security infrastructure and technologies.
• The key market players are Cisco Systems, Inc.; Honeywell International Inc.; Motorola Solutions, Inc.; IBM; Siemens; Hexagon AB; Thales; Huawei Technologies Co., Ltd.; IDEMIA; General Dynamics Corporation;  L3Harris Technologies, Inc.; BAE Systems.; Esri; SAAB AB; Teltronic S.A.; Barrier1 Systems, LLC; and OnSolve.

Polaris Market Research has segmented the public safety and security market report based on solution, service, application, deployment, software type, and region:

By Solution Outlook (Revenue – USD billion, 2019–2032)

• Critical Communication Network
• C2/C4isr System
• Biometric Security and Authentication System
• Surveillance System
• Scanning and Screening System
• Emergency and Disaster Management
• Cyber-security
• Public Address and General Alarm
• Backup and Recovery System

By Service Outlook (Revenue – USD billion, 2019 – 2032)

• Managed Services
  • Managed Security Services
  • Managed Network Services
• Professional Services
  • Design and Consulting
  • Installation and Integration
  • Support and Maintenance
  • Training and Education

By Application Outlook (Revenue – USD billion, 2019 – 2032)

• Homeland Security
• Law Enforcement and Intelligent Agencies
• Border Control
• Emergency Services
• Transportation Systems

By Deployment Outlook (Revenue – USD billion, 2019 – 2032)

• On-Premises
• Cloud

By Software Type Outlook (Revenue – USD billion, 2019 – 2032)

• Record Management Software
• Investigation Management
• Locations Management
• Crime Intelligence and Crime Analysis

By Regional Outlook (Revenue – USD billion, 2019–2032)

• North America
  • US
  • Canada
• Europe
  • Germany
  • France
  • UK
  • Italy
  • Spain
  • Netherlands
  • Russia
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • Malaysia
  • South Korea
  • Indonesia
  • Australia
  • Rest of Asia Pacific
• Middle East & Africa
  • Saudi Arabia
  • UAE
  • Israel
  • South Africa
  • Rest of the Middle East & Africa
• Latin America
  • Mexico
  • Brazil
  • Argentina
  • Rest of Latin America

Public Safety and Security Report Scope