Global Public Safety and Security Market, By Solution (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), Service (Managed Services and Professional Services), Vertical (Homeland Security, Emergency Services, Critical Infrastructure Security, Transportation Systems and Others), Deployment Mode (Cloud and On-Premises), Software Type (Record Management Software, Investigation Management, Locations Management Solutions, Crime Intelligence and Crime Analysis), Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, U.A.E, Saudi Arabia, Egypt, South Africa, Israel, Rest of Middle East and Africa) Industry Trends and Forecast to 2028
The rising cyber threats, increasing awareness about the importance of security, replacement of obsolete architecture and rise in hazardous industrial explorations are the major factors attributable to the growth of public safety and security market. Data Bridge Market Research analyses that the public safety and security market will exhibit a CAGR of 20.74% for the forecast period of 2021-2028. This signifies that the public safety and security market value will rise up to USD 1,120.09 million by the year 2028.
Public safety and security are offered by the government to ensure safety against cyber threats, terrorism, natural disasters, frauds, smuggling and others to the individuals, organizations and other infrastructures.
The increased adoption of connected devices or internet of things technology is a key public safety and security market growth driving factor. Stringent government regulations and policies regarding public safety will further aggravate the demand for public safety and security systems. Rising infiltration activities and criminal activities will create more lucrative growth opportunities for the public safety and security market.
However, high costs associated with installation and maintenance of public safety and security system will act as a growth restraint for the public safety and security market. Lack of advanced infrastructure in the underdeveloped economies coupled with lack of inter-operability of systems will further dampen the growth rate of the public safety and security market.
This public safety and security market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographical expansions, technological innovations in the market. To gain more info on public safety and security market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Public Safety and Security Market Scope and Market Size
The public safety and security market is segmented on the basis of solution, service, vertical, deployment mode and software type. The growth amongst the different segments helps you in attaining the knowledge related to the different growth factors expected to be prevalent throughout the market and formulate different strategies to help identify core application areas and the difference in your target market.
- On the basis of solution, the public safety and security market is segmented into 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.
- On the basis of service, the public safety and security market is segmented into managed services and professional services. Managed services segment is sub-segmented into managed security services and managed network services. Professional services segment is sub-segmented into design and consulting, installation and integration, support and maintenance and training and education.
- On the basis of vertical, the public safety and security market is segmented into homeland security, emergency services, critical infrastructure security, transportation systems and others. Homeland security segment is sub-segmented into law enforcement and intelligent agencies and border control. Emergency services segment is sub-segmented into medical services, fire fighting services and disaster management. Critical infrastructure security market is further sub-segmented into energy and power sector, critical and manufacturing sector and water and wastewater system sector. Transportation systems segment is further sub-segmented into airways, seaports and railways.
- On the basis of deployment mode, the public safety and security market is segmented into cloud and on-premises.
- On the basis of software type, the public safety and security market is segmented into record management software, investigation management, locations management solutions, crime intelligence and crime analysis.
Global Public Safety and Security Market Country Level Analysis
The public safety and security market is analysed and market size, volume information is provided by country, solution, service, vertical, deployment mode and software type as referenced above.
The countries covered in the public safety and security market report are the U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
North America dominates the public safety and security market and its market share will continue to expand during the forecast period owing to the prevalence of stringent regulations regarding public safety. Asia-Pacific on the other hand will project the highest growth rate during the forecast period. This is because of rising cyber-attacks, terrorist activities and increased initiatives by the government to spread awareness about public safety and security systems.
The country section of the public safety and security market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Public Safety and Security Market Share Analysis
The public safety and security market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to public safety and security market.
The major players covered in the public safety and security market report are Cisco Systems, Inc., IBM, NEC Technologies India Private Limited, Thales Group, Honeywell International Inc., AGT Group GmbH, Nokia, Esri, Northrop Grumman, General Dynamics Corporation, L3Harris Technologies, Inc., Huawei Technologies Co., Ltd., Hexagon, Motorola Solutions, Inc., Telefonaktiebolaget LM Ericsson, PAESSLER AG, ALE International, Siemens, Raytheon Technologies Corporation, Qualcomm Technologies, Inc., Kratos Defense & Security Solutions, Inc., Hitachi, Ltd. and Ferranti Technologies among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
Customization Available : Global Public Safety and Security Market
Data Bridge Market Research is a leader in consulting and advanced formative research. We take pride in servicing our existing and new customers with data and analysis that match and suits their goal. The report can be customised to include production cost analysis, trade route analysis, price trend analysis of target brands understanding the market for additional countries (ask for the list of countries), import export and grey area results data, literature review, consumer analysis and product base analysis. Market analysis of target competitors can be analysed from technology-based analysis to market portfolio strategies. We can add as many competitors that you require data about in the format and data style you are looking for. Our team of analysts can also provide you data in crude raw excel files pivot tables (Fact book) or can assist you in creating presentations from the data sets available in the report.