Public Safety and Security Market is expected to reach $461.8 billion by 2030 from an estimated $ 217.9 billion in 2023, at a CAGR of 11.3% during the forecast period of 2023–2030. The growth of the public safety industry and security market is driven by the growing utilization of AI, ML, and analytics technologies in public safety and security applications, increasing awareness and initiatives for public safety and security, and government focus on managing the needs of the rising urban population. However, the significant initial investments required to implement public safety and security solutions restrain the growth of this market. The integration of cloud computing and big data analytics in public safety and security solutions and the rising incidence of terrorism and security breaches are expected to generate market growth opportunities. However, the complexities in implementing advanced public safety and security systems and the rising cases of data theft are major challenges for market stakeholders.
The global public safety industry and security market is segmented by offering, technology, application, end use, and geography. The study also evaluates industry competitors and analyses the country and regional-level markets.
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Rising Incidence of Terrorism and Security Breaches
The rising occurrence of terrorist activities and security breaches has increased the demand for public safety and security solutions. Leading public safety and security solutions providers are leveraging this demand as an opportunity to develop innovative offerings to increase revenues and capture larger market shares. Governments worldwide are undertaking various initiatives, such as implementing advanced surveillance systems, including CCTV cameras and facial recognition technology, to monitor and identify potential threats in public spaces. For instance, in August 2021, the U.S. Federal Government announced plans to expand the use of facial recognition technology to pursue criminals and identify threats. The federal government had also experienced issues, such as improper surveillance and false arrests; hence, the government announced increasing the implementation of facial recognition systems by the end of 2023.
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The Safety Services Segment is Projected to Register the Highest CAGR During the Forecast Period
Based on offering, the global public safety and security market is segmented into safety devices, safety software, and safety services. The safety services segment is expected to register the highest CAGR during the forecast period. The growth of this segment is attributed to the increasing demand for specialized safety services to address specific safety and security challenges. Safety services such as critical infrastructure security, emergency medical, firefighting, and disaster management services are critical in ensuring the safety and well-being of citizens and critical assets.
The Internet of Things Segment is Projected to Register the Highest CAGR During the Forecast Period
Based on technology, the global public safety and security market is segmented into the internet of things, artificial intelligence, cloud computing, machine learning, cybersecurity, and other technologies. The internet of things segment is expected to register the highest CAGR during the forecast period. The growth of this segment is attributed to the rising demand for real-time data insights and improved situational awareness.


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The Security and Incident Management Segment is Projected to Register the Highest CAGR During the Forecast Period
Based on application, the global public safety and security market is segmented into data gathering, mapping and 3D imaging, threat detection, security and incident management, monitoring, fire and explosion examination, network security, and other applications. The security and incident management segment is expected to register the highest CAGR during the forecast period. The growth of this segment is attributed to the need to respond effectively to emergencies, the increasing adoption of smart city technologies, and the integration of IoT devices.

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Key Players
The key players operating in the global public safety and security market are Hexagon AB (Sweden), Fujitsu Ltd. (Japan), Robert Bosch GmbH (Germany), Atos SE (France), Cisco Systems, Inc. (U.S.) Saab AB (Sweden), Airbus SE (Netherlands), Siemens AG (Germany), Intel Corporation (U.S.), Fotokite AG (Switzerland), CityShob (Israel), 3xLOGIC (U.S.), L3Harris Technologies, Inc. (U.S.), OnSolve (U.S.) and Haystax (U.S.).

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Scope of the Report:
Public Safety and Security Market, by Offering
• Safety Services
o Managed Services
 Disaster Management Services
 Critical Infrastructure Security Services
 Emergency Medical Services
 Firefighting Services
 Other Managed Services
o Professional Services
• Safety Devices
o Surveillance Cameras
o Sensors
 Radar
 LiDAR
 Geodetic Sensors
 Geotechnical and environmental sensors
 Other Sensors
o Biometric and Authentication Devices
o Safety Alarms
o Intruder Detection Devices
o Critical Communication Devices
o Other Safety Devices
• Safety Software
o Geographic Information Systems
o Access Control Software
o Building Management Software
o Vehicle Recognition Software
o Behavior Analytics software
o Other Safety Software
Public Safety and Security Market, by Technology
• Internet of Things
• Cybersecurity
• Cloud Computing
• Machine Learning
• Artificial Intelligence
• Other Technologies
Public Safety and Security Market, by Application
• Security and Incident Management
• Threat Detection
• Fire and Explosion Examination
• Network Security
• Monitoring
• Data Gathering
• Mapping and 3D Imaging
• Other Applications
Public Safety and Security Market, by End Use
• Transportation
o Roadways
o Railways
o Airways
o Waterways
• Workplaces
• Shopping malls & Retails stores
• Residential
• Hospitals & Healthcare
• Warehouses & Depots
• Schools & Universities
• Other End Uses
Public Safety and Security Market, by Geography
• North America
o U.S.
o Canada
• Asia-Pacific
o China
o Japan
o India
o South Korea
o Taiwan
o Rest of Asia-Pacific
• Europe
o Germany
o U.K.
o France
o Italy
o Spain
o Rest of Europe
• Latin America
• Middle East & Africa


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