Public Safety and Security Market Key Highlights:
- Market Size (2024): USD 326 Million
- Projected Market Size (2034): USD 703.81 Million
- CAGR (2024-2034): 8%
Pricing Analysis:
- Price Growth
- Regional Variations
Market Historic Sales
- Total sales volume, year-over-year growth, product categories, and market share.
Revenue Estimation
- Forecasting future revenues based on historical data, market trends, and economic indicators.
Sales by Region
- Breakdown of sales performance across different geographical areas.
Revenue by Manufacturer
- Analysis of revenue contributions from different manufacturers in the market.
Public Safety and Security Market Definition
Public Safety involves the safety of people, business entities, and other institutions from harm, threats to the fiscal health of ownership, unlawful acts, acts of terrorism, injury or loss of property, major accidents, hazards in the environment, and inappropriate social behavior.
This public safety and security market grow that are containing growing concerns for public data security, a rising number of cases of unauthorized surveillance, improvement in the adoption level of advanced technologies, and developing trends of organizations and governments for implementing efficient security networks. Some factors that may restrain the market include high installation costs and poor compatibility between old and new safety systems and public safety and security systems. The advancement of big data analytics in public safety and security presents some good opportunities for the growth of the public safety and security market in the forecast period.
In August 2024, member states in the United Nations finalized a draft of a newly developed convention against cybercrime. It is aimed at establishing and strengthening international cooperation in the fight against crimes committed through the utilization of information and communication technology.
Public Safety and Security Market Segmentation:
By Type
- Hardware
- Software
- Service
By Application
- Homeland Security
- Emergency Services
- Critical Infrastructure
- Transportation
- Others
Public Safety and Security Market Companies:
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