The global public safety and security market size was US$ 405.7 billion in 2021. The global public safety and security market size is estimated to reach US$ 777.8 billion by 2030, growing at a compound annual growth rate (CAGR) of 7.5% during the forecast period from 2022 to 2030.
Public safety and security are significant things for economic development and communities' well-being. Furthermore, the government assumes the infrastructure and technologies that permit intelligence units to collect, comprehend, analyze, and detect activities in real-time. Also, utilizing smart technology like artificial intelligence, the internet of things, machine learning, and network technology devices enable communities to protect essential infrastructure enhance public safety and security, and positively impact the resident lives.

Factors Affecting Market Growth

- An increase in instances of terrorist activities and security breaches and an increase in government regulations and policies concerning public safety drive the growth of the overall market.
- The rising number of security breaches in healthcare institutions and other organizations is driving the overall market growth.
- The lack of interoperability of systems for public safety and security systems hinders the overall market growth.


Impact Analysis of COVID-19

COVID-19 had a positive influence on the overall market growth. Due to the growing acquisition of public safety solutions to stop the spread of disease. In addition, the increasing crime rates and growing terrorist activities have raised concerns over the safety and security of assets, people, and procedures. These growing attacks have led to the loss of several human lives and extreme damage to infrastructure, highlighting the demand for public safety and security solutions.

Regional Analysis

North America is anticipated to maintain its position during the analysis period, due to technological advances in the Information and Communication Technology industry and the quick rise of artificial intelligence & internet of things within end users is driving the growth of the overall market.

Asia-Pacific is anticipated to notice substantial growth during the analysis period, owing to high government acquisitions in improving the existing public safety and security infrastructure to tackle terrorism and illegal immigration is expected to drive the overall market growth.

Leading Competitors
The prominent players in the global public safety and security market are:
- Cisco Systems Inc.
- Honeywell International Inc.
- Motorola Solutions Inc.
- IBM Corporation
- NEC Corporation
- Siemens AG
- THALES
- Huawei Technologies Co. Ltd.
- Others
Segmentation Analysis
The global public safety and security market focuses on Offering, Enterprise Size, Application, Industry Vertical, and Region.
Segmentation on the basis of Offering
- Solution
o Solution
- Surveillance Systems
- Mass Notification Systems
- Disaster Recovery and Backup Systems
- Biometrics Systems
- Scanning and Screening Systems
- Critical Communication Networks
- Cyber Security
- Others
- Service

Segmentation on the basis of Enterprise Size
- Large Enterprises
- SMEs

Segmentation on the basis of Application
- Emergency Communication and Incident Management
- Surveillance and Security
- Disaster Management

Segmentation on the basis of Industry Vertical
- Government & Public Sector
- Transportation
- Healthcare
- Retail
- Education
- Manufacturing
- Others
Segmentation on the basis of Region
- North America
- The U.S.
- Canada
- Mexico
- Europe
- Western Europe
- The UK
- Germany
- France
- Italy
- Spain
- Rest of Western Europe
- Eastern Europe
- Poland
- Russia
- Rest of Eastern Europe
- Asia Pacific
- China
- India
- Japan
- Australia & New Zealand
- ASEAN
- Rest of Asia Pacific
- Middle East & Africa (MEA)
- UAE
- Saudi Arabia
- South Africa
- Rest of MEA
- South America
- Brazil
- Argentina
- Rest of South America