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Global Public Safety Market to Grow at a CAGR of 27.9% During 2024-2032, Driven by Government Investments in the Public Safety Infrastructure

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Public Safety Market

Global Public Safety Market Size, Share, Trends, Forecast: By Component: Software, Services; By Deployment Mode: On Premise, Cloud; By Vertical: Law Enforcement, Medical, Firefighting, Transportation, Others; Regional Analysis; Market Dynamics: SWOT Analysis, Porter’s Five Forces Analysis; Competitive Landscape; 2024-2032

Global Public Safety Market Outlook

The global public safety market attained a value about USD 30.54 billion in 2023. The market is further expected to grow in the forecast period of 2024-2032 at a CAGR of 27.9% to reach nearly USD 280.15 billion by 2032.           

 

Global Public Safety Market

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The Asia Pacific Region to Hold a Significant Share of the Public Safety Industry

The Asia Pacific region is witnessing robust growth owing to the dynamic and advanced acquisition of the latest technologies and is anticipated to record one of the highest compounds annual growth rates in the global public safety industry in the coming years. This region comprises the major population and economies, such as India, Japan, China, Australia, Singapore, and New Zealand, which are expected to register high growth rates in the market for public safety. Moreover, the geographical expansion of business operations by multinational companies in the region, particularly in emerging economies like China, Indonesia, India, and the Philippines, are anticipated to drive the economic growth and financial markets in the region, thus making them potential targets for cybercrimes and terrorism, which, in turn, is projected to enhance the  growth of the public safety industry.

According to the recent Internet security threat report released by Symantec Corporation, U.S., India, and China were the main countries with the highest number of cyber threats. Hence, the growing prevalence of cyberattacks is expected to surge the acquisition of public safety solutions by the governments over the forecast period. In addition, the growing awareness regarding the importance of security, rise in hazardous industrial exploration, and replacement of obsolete architecture, among other factors, are expected to drive the demand for the public safety industry.

 

Public Safety: Market Segmentation

Public safety refers to the protection of the public, critical infrastructure, and properties of both private and government sectors. It is typically handled by special agencies across various departments, such as EMS, police and other civil organisations. The rising prevalence of cybercrimes and the increasing security threats are surging the demand for public safety tools.

 

Global Public Safety Market by Segment

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The major components of public safety are:

  • Software
  • Services

The software segment is further divided into record management, investigation management, location management, criminal intelligence, and crime analysis, among other software.

Based on deployment mode, the market is bifurcated into:

  • On Premise
  • Cloud

The market can be broadly categorised on the basis of verticals into:

  • Law Enforcement
  • Medical
  • Firefighting
  • Transportation
  • Others

The EMR report looks into the regional markets of public safety like North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.

 

Global Public Safety Market by Region

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Rise in Threats of Cyber-Attacks and Terrorism to Augment the Growth of Global Market for Public Safety

The development of intelligence mitigation plans by governments and security agencies to reduce the response time and damage caused by natural and man-made disasters to protect its citizens from cyber threats and terrorism is expected to drive the market. In addition, emergency situations, such as cybercrimes and terrorist attacks, resulted in massive public and private property losses, which is projected to further fuel the demand for public safety solutions. This is also prompting law enforcement agencies and governments to develop regulatory policies with a primary objective to protect the public and minimise the effects of calamities. As corporates and tax payers are increasingly facing continuous natural and man-made disasters, cyber-attacks, and terrorism, the market for public safety is anticipated to witness rapid growth. Moreover, in the expeditiously evolving global security, governments are giving importance to advanced solutions to improve and strengthen the security systems and existing information technology infrastructure, which is expected to bolster the global public safety industry.

 

Key Industry Players in the Global Public Safety Market

The report presents a detailed analysis of the following key players in the global public safety market, looking into their capacity, market shares, and latest developments like capacity expansions, plant turnarounds, and mergers and acquisitions:

  • Cisco System, Inc.
  • Honeywell International
  • Motorola Solutions, Inc.
  • IBM Corporation
  • Telefonaktiebolaget LM Ericsson
  • Others

The comprehensive report looks into the macro and micro aspects of the industry. The EMR report gives an in-depth insight into the market by providing a SWOT analysis as well as an analysis of Porter’s Five Forces model.

 

Key Highlights of the Report

REPORT FEATURES DETAILS
Base Year 2023
Historical Period 2018-2023
Forecast Period 2024-2032
Scope of the Report

Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:

  • Component
  • Deployment Mode
  • Vertical
  • Region
Breakup by Component
  • Software
  • Services
Breakup by Deployment Mode
  • On Premise
  • Cloud
Breakup by Vertical
  • Law Enforcement
  • Medical
  • Firefighting
  • Transportation
  • Others
Breakup by Region
  • North America
    • United States of America 
    • Canada
  • Europe
    • United Kingdom
    • Germany
    • France
    • Italy
    • Others
  • Asia Pacific
    • China
    • Japan
    • India
    • ASEAN
    • Australia
    • Others
  • Latin America
    • Brazil
    • Argentina
    • Mexico
    • Others
  • Middle East and Africa
    • Saudi Arabia
    • United Arab Emirates
    • Nigeria
    • South Africa
    • Others
Market Dynamics
  • SWOT Analysis
  • Porter's Five Forces Analysis
  • Key Indicators for Demand
  • Key Indicators for Price
Competitive Landscape
  • Market Structure
  • Company Profiles
    • Company Overview
    • Product Portfolio
    • Demographic Reach and Achievements
    • Certifications
Companies Covered
  • Cisco Systems, Inc.
  • Honeywell International Inc.
  • Motorola Solutions, Inc.
  • IBM Corporation
  • Telefonaktiebolaget LM Ericsson
  • Others
Report Price and Purchase Option Explore our purchase options that are best suited to your resources and industry needs.
Delivery Format Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option.

 

*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.

1    Preface
2    Report Coverage – Key Segmentation and Scope
3    Report Description
    3.1    Market Definition and Outlook
    3.2    Properties and Applications
    3.3    Market Analysis
    3.4    Key Players
4    Key Assumptions
5    Executive Summary
    5.1    Overview
    5.2    Key Drivers
    5.3    Key Developments
    5.4    Competitive Structure
    5.5    Key Industrial Trends
6    Snapshot
    6.1    Global
    6.2    Regional
7    Opportunities and Challenges in the Market
8    Global Public Safety Market Analysis
    8.1    Key Industry Highlights
    8.2    Global Public Safety Historical Market (2018-2023) 
    8.3    Global Public Safety Market Forecast (2024-2032)
    8.4    Global Public Safety Market by Component
        8.4.1    Software
            8.4.1.1    Historical Trend (2018-2023)
            8.4.1.2    Forecast Trend (2024-2032)
            8.4.1.3    Breakup by Type
                8.4.1.3.1    Record Management
                8.4.1.3.2    Investigation Management
                8.4.1.3.3    Location Management
                8.4.1.3.4    Criminal Intelligence
                8.4.1.3.5    Crime Analysis
                8.4.1.3.6    Other Software
        8.4.2    Services
            8.4.2.1    Historical Trend (2018-2023)
            8.4.2.2    Forecast Trend (2024-2032)
    8.5    Global Public Safety Market by Deployment Mode
        8.5.1    On Premise
            8.5.1.1    Historical Trend (2018-2023)
            8.5.1.2    Forecast Trend (2024-2032)
        8.5.2    Cloud
            8.5.2.1    Historical Trend (2018-2023)
            8.5.2.2    Forecast Trend (2024-2032)
    8.6    Global Public Safety Market by Vertical
        8.6.1    Law Enforcement
            8.6.1.1    Historical Trend (2018-2023)
            8.6.1.2    Forecast Trend (2024-2032)
        8.6.2    Medical
            8.6.2.1    Historical Trend (2018-2023)
            8.6.2.2    Forecast Trend (2024-2032)
        8.6.3    Firefighting
            8.6.3.1    Historical Trend (2018-2023)
            8.6.3.2    Forecast Trend (2024-2032)
        8.6.4    Transportation
            8.6.4.1    Historical Trend (2018-2023)
            8.6.4.2    Forecast Trend (2024-2032)
        8.6.5    Others
    8.7    Global Public Safety Market by Region       
        8.6.1    North America
            8.6.1.1    Historical Trend (2018-2023) 
            8.6.1.2    Forecast Trend (2024-2032)
        8.6.2    Europe
            8.6.2.1    Historical Trend (2018-2023) 
            8.6.2.2    Forecast Trend (2024-2032)
        8.6.3    Asia Pacific
            8.6.3.1    Historical Trend (2018-2023) 
            8.6.3.2    Forecast Trend (2024-2032)
        8.6.4    Latin America
            8.6.4.1    Historical Trend (2018-2023) 
            8.6.4.2    Forecast Trend (2024-2032)
        8.6.5    Middle East and Africa
            8.6.5.1    Historical Trend (2018-2023) 
            8.6.5.2    Forecast Trend (2024-2032) 
9    North America Public Safety Market Analysis
    9.1    United States of America 
        9.1.1    Historical Trend (2018-2023) 
        9.1.2    Forecast Trend (2024-2032)
    9.2    Canada
        9.2.1    Historical Trend (2018-2023) 
        9.2.2    Forecast Trend (2024-2032)
10    Europe Public Safety Market Analysis
    10.1    United Kingdom
        10.1.1    Historical Trend (2018-2023) 
        10.1.2    Forecast Trend (2024-2032)
    10.2    Germany
        10.2.1    Historical Trend (2018-2023) 
        10.2.2    Forecast Trend (2024-2032)
    10.3    France
        10.3.1    Historical Trend (2018-2023) 
        10.3.2    Forecast Trend (2024-2032)
    10.4    Italy
        10.4.1    Historical Trend (2018-2023) 
        10.4.2    Forecast Trend (2024-2032)
    10.5    Others
11    Asia Pacific Public Safety Market Analysis
    11.1    China
        11.1.1    Historical Trend (2018-2023) 
        11.1.2    Forecast Trend (2024-2032)
    11.2    Japan
        11.2.1    Historical Trend (2018-2023) 
        11.2.2    Forecast Trend (2024-2032)
    11.3    India
        11.3.1    Historical Trend (2018-2023) 
        11.3.2    Forecast Trend (2024-2032)
    11.4    ASEAN
        11.4.1    Historical Trend (2018-2023) 
        11.4.2    Forecast Trend (2024-2032)
    11.5    Australia
        11.5.1    Historical Trend (2018-2023) 
        11.5.2    Forecast Trend (2024-2032)
    11.6    Others
12    Latin America Public Safety Market Analysis
    12.1    Brazil
        12.1.1    Historical Trend (2018-2023) 
        12.1.2    Forecast Trend (2024-2032)
    12.2    Argentina
        12.2.1    Historical Trend (2018-2023) 
        12.2.2    Forecast Trend (2024-2032)
    12.3    Mexico
        12.3.1    Historical Trend (2018-2023) 
        12.3.2    Forecast Trend (2024-2032)
    12.4    Others
13    Middle East and Africa Public Safety Market Analysis
    13.1    Saudi Arabia
        13.1.1    Historical Trend (2018-2023) 
        13.1.2    Forecast Trend (2024-2032)
    13.2    United Arab Emirates
        13.2.1    Historical Trend (2018-2023) 
        13.2.2    Forecast Trend (2024-2032)
    13.3    Nigeria
        13.3.1    Historical Trend (2018-2023) 
        13.3.2    Forecast Trend (2024-2032)
    13.4    South Africa
        13.4.1    Historical Trend (2018-2023) 
        13.4.2    Forecast Trend (2024-2032)
    13.5    Others
14    Market Dynamics
    14.1    SWOT Analysis
        14.1.1    Strengths
        14.1.2    Weaknesses
        14.1.3    Opportunities
        14.1.4    Threats
    14.2    Porter’s Five Forces Analysis
        14.2.1    Supplier’s Power
        14.2.2    Buyer’s Power
        14.2.3    Threat of New Entrants
        14.2.4    Degree of Rivalry
        14.2.5    Threat of Substitutes
    14.3    Key Indicators for Demand
    14.4    Key Indicators for Price
15    Value Chain Analysis
16    Competitive Landscape
    16.1    Market Structure
    16.2    Company Profiles
        16.2.1    Cisco Systems, Inc.
            16.2.1.1    Company Overview
            16.2.1.2    Product Portfolio
            16.2.1.3    Demographic Reach and Achievements
            16.2.1.4    Certifications
        16.2.2    Honeywell International Inc.
            16.2.2.1    Company Overview
            16.2.2.2    Product Portfolio
            16.2.2.3    Demographic Reach and Achievements
            16.2.2.4    Certifications
        16.2.3    Motorola Solutions, Inc.
            16.2.3.1    Company Overview
            16.2.3.2    Product Portfolio
            16.2.3.3    Demographic Reach and Achievements
            16.2.3.4    Certifications
        16.2.4    IBM Corporation
            16.2.4.1    Company Overview
            16.2.4.2    Product Portfolio
            16.2.4.3    Demographic Reach and Achievements
            16.2.4.4    Certifications
        16.2.5    Telefonaktiebolaget LM Ericsson
            16.2.5.1    Company Overview
            16.2.5.2    Product Portfolio
            16.2.5.3    Demographic Reach and Achievements
            16.2.5.4    Certifications
        16.2.6    Others
17    Key Trends and Developments in the Market

 

List of Key Figures and Tables

1.    Global Public Safety Market: Key Industry Highlights, 2018 and 2032
2.    Global Public Safety Historical Market: Breakup by Component (USD Million), 2018-2023
3.    Global Public Safety Market Forecast: Breakup by Component (USD Million), 2024-2032
4.    Global Public Safety Historical Market: Breakup by Deployment Mode (USD Million), 2018-2023
5.    Global Public Safety Market Forecast: Breakup by Deployment Mode (USD Million), 2024-2032
6.    Global Public Safety Historical Market: Breakup by End Use (USD Million), 2018-2023
7.    Global Public Safety Market Forecast: Breakup by End Use (USD Million), 2024-2032
8.    Global Public Safety Historical Market: Breakup by Region (USD Million), 2018-2023
9.    Global Public Safety Market Forecast: Breakup by Region (USD Million), 2024-2032
10.    North America Public Safety Historical Market: Breakup by Country (USD Million), 2018-2023
11.    North America Global Public Safety Market Forecast: Breakup by Country (USD Million), 2024-2032
12.    Europe Public Safety Historical Market: Breakup by Country (USD Million), 2018-2023
13.    Europe Global Public Safety Market Forecast: Breakup by Country (USD Million), 2024-2032
14.    Asia Pacific Public Safety Historical Market: Breakup by Country (USD Million), 2018-2023
15.    Asia Pacific Global Public Safety Market Forecast: Breakup by Country (USD Million), 2024-2032
16.    Latin America Public Safety Historical Market: Breakup by Country (USD Million), 2018-2023
17.    Latin America Global Public Safety Market Forecast: Breakup by Country (USD Million), 2024-2032
18.    Middle East and Africa Public Safety Historical Market: Breakup by Country (USD Million), 2018-2023
19.    Middle East and Africa Global Public Safety Market Forecast: Breakup by Country (USD Million), 2024-2032
20.    Global Public Safety Market Structure

Key Questions Answered in the Report

What was the global public safety market size in 2023?

The global public safety market attained a value of nearly USD 30.54 billion in 2023.

What is the growth rate of the global public safety market?

The market is projected to grow at a CAGR of 27.9% between 2024 and 2032.

What is the forecast outlook of the global public safety market for 2024-2032?

The market is estimated to witness a healthy growth in the forecast period of 2024-2032 to reach about USD 280.15 billion by 2032.           

What are the major market drivers?

The market is being driven by the growing adoption of the latest technologies and the increasing threats to human security.

What are the key trends of the market?

Increasing risk of terrorism activities, cyberattacks, and the rising awareness regarding the importance of security are the key trends of the market.

What are the major regional markets of public safety, according to the EMR report?

The major regions in the market are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.

What are the leading components of public safety in the market?

The leading components of public safety in the market are software and services.

What are the major deployment modes of public safety?

The major deployment modes of public safety are on premise and cloud.

What are the significant verticals in the market?

The significant verticals in the market are law enforcement, medical, firefighting, and transportation, among others.

Who are the key market players, according to the report?

The key players in the global public safety market are Cisco Systems, Inc., Honeywell International Inc., Motorola Solutions, Inc., IBM Corporation, and Telefonaktiebolaget LM Ericsson, among others.

Analyst Review

The global public safety market attained a value of about USD 30.54 billion in 2023, driven by the growing adoption of the latest technologies. Aided by the increasing awareness regarding the importance of security, the market is expected to witness a further growth in the forecast period of 2024-2032, growing at a CAGR of 27.9%. The market is projected to reach approximately USD 280.15 billion by 2032.           

EMR’s meticulous research methodology delves deep into the market, covering the macro and micro aspects of the industry. Based on components, the global public safety industry can be segmented into software and services. By deployment modes, the market is divided into on premise and cloud. On the basis of verticals, the industry is divided into law enforcement, medical, firefighting, and transportation, among others. The major regional markets for public safety are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa. The key players in the above market include Cisco System Inc, Honeywell International Inc, Motorola Solutions Inc, IBM Corporation, and Telefonaktiebolaget LM Ericsson, among others.

EMR’s research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable, and help them remain ahead of their competition.

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