Public Safety & Security Market

Public Safety & Security Market Outlook (2022 to 2032)

The global public safety & security market size reached a valuation of US$ 433,602.4 Million in 2022. Rising incidences of terrorist activities and protection, the necessity for security education and awareness, and enhancing law enforcement specifications for community security amid COVID-19 are the key drivers of the Public Safety and Security Market. The market for public safety & security solutions is projected to grow at a robust CAGR of 9.4% between 2022 and 2032, totaling around US$ 1,063,396.1 Million by the end of 2032.

Laypeople are likely to associate public safety and protection with police patrolling and posting security personnel at city hall and the courthouse. The welfare and safeguards of the general public are referred to colloquially as public safety and security. It is widely characterized and assumed to be a government responsibility. Most states and countries have public safety and security divisions. The primary goal of this type of department is to avert and protect the public from dangers to their safety, such as crimes, revolts, political upheaval, and natural and man-made disasters.

Throughout most cases, the public safety and security distribution are made up of people from other organizations, such as the police, medical emergency services, and fire brigade. However, with the advent of technology, the concept of public safety and security has broadened to have included state-of-the-art technology, IT systems and software, and so on, in addition to conventional security and safety metrics.

Which Factors are driving the Growth of the Public Safety & Security Market?

With the emergence of protection thwarting concerns, individuals are shifting toward embracing safety and security measures, and given this pattern, the market is estimated to demonstrate a healthy CAGR over the coming years.

Social media analytics, the configuration of thermal sensor cameras, the implementation of cameras on traffic signals and in critical points for monitoring the process, the transformation of security systems in banking institutions and ATMs, and the deployment of digital RFID door lock mechanisms are just a few illustrations of the equipment and technology that have advanced public safety and security. In addition, constant innovations and scientific research are intensifying, which can add value to public safety and security.

Which Factors are restraining the Growth of the Public Safety & Security Market?

Public safety and security is a commitment that can't be overlooked, and it has developed in every aspect over time. This is the sole factor that there is minimal to no restraint on the expansion of the public safety and security market unless humans cease to exist on Earth.

Sudip Saha

Principal Consultant

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How Will Growth Unfold in the North America Public Safety & Security Market?

North America dominates the global public safety and security market, as it has the most public safety and security manufacturers. The region, which comprises the USA and Canada, possesses the most efficient framework and a high level of acceptance of cyber technology. Other considerations expected to spur the expansion of this market in North America include the prevalent use of smartphones, the burgeoning e-commerce industry, and the friction related to technological advancements among competing nations in various regions.

The widening need to safeguard critical infrastructure and sensitive information has enhanced government interference in recent decades. North America is accounting for a market share of 35.1% of the global Public Safety & Security market.

The Canadian government instituted the Canadian Cyber Incident Response Center to supervise and strategize for cyber threats in the country. With terrorist organizations increasingly relying on online platforms for sponsorships and propaganda purposes, the Canadian government is conducting public awareness and outreach campaigns to training to allow about the inherent risks of cyberspace. The governments of the USA and Canada are constantly collaborating with agencies of law enforcement to thwart violent extremism and counterterrorism-related operations.

Which Factors are pushing the Public Safety & Security in the Asia Pacific?

Because of the ever-changing threat landscape, Asia Pacific countries are extremely concerned about raising security spending. To negotiate with incredibly sophisticated threats, India, Japan, and Singapore have upgraded or introduced various national cybersecurity guidelines. Large sums of money are anticipated to be spent by organizations in the Asia Pacific region to cope with cybersecurity breaches.

Terrorist attacks and cyber threats in the region have resulted in substantial damage, spurring India, China, Australia, Japan, Malaysia, and Singapore to enforce world-class public safety and security systems. The Australian Government has appointed a National Counterterrorism Coordinator to

How Will Growth Unfold in the European Public Safety & Security Market?

Europe has a substantial market share owing to increased capital investment in improving cooperation and monitoring systems for safety and security. The European Union has imposed several stringent rules and regulations that security solution suppliers must obey before installation. As a result of these rules, the reliability of the solutions has improved.

The innumerable cybersecurity and embedded border management approach that has been conducted over into the emerging markets of the United Kingdom, France, Italy, Spain, Italy, and the rest of the nations of the region commonly referred to as the Rest of Europe segment have contributed to the industry's growth in the European region. Europe is accounting for a market share of 23.6% of the global Public Safety & Security market.

USA Department of Homeland Security implements measures to enhance security

With a significant revenue of 35.1%, North America is the largest public safety & security market. This is attributed to the recurring government investments to improve the existing security infrastructure to tackle illegal immigration and terrorism. Moreover, several safety & security solution providers, such as Cisco Systems Inc. and General Dynamics, find homes in the USA and Canada.

The USA Department of Homeland Security initiates a set of missions to prevent terrorism and enhance security. In addition, it further secures and manages America’s borders, enforces and administers immigration laws, safeguards and secures cyberspace, and strengthens preparedness and resilience. These measures are likely to propel the global public safety & security market growth.

Mental health emergency hotlines provide clinical support and connection to services. These hotlines appear to be more effective at reaching some populations than others, indicating that more intensive outreach efforts may be necessary to engage underrepresented high-risk populations. For instance, approximately half of the included studies focused on the descriptive information of callers, most of whom were females, younger adults, and veteran hotlines that typically reach older men.

Security in colleges and universities is committed to providing a safe learning and working environment for every member of the community due to violence that may occur from extreme racism, bullying, hazing, etc. For instance, the security team of St. John’s College in Santa Fe, New Mexico, prioritizes the safety and well-being of the students, with a dedicated and experienced staff to assist the community 24 hrs a day, 7 days a week. These factors contribute to the rising demand for public safety & security in the USA

Terrorist attacks compels Germany to rethink its attitude towards surveillance policies

Europe is the second largest public safety & security market, with a revenue of 23.6%. This is owing to the improving cooperation and monitoring systems and increased capital investment.

Numerous reports of hacking attacks on businesses and the public sector in Germany have demonstrated the importance of IT security in an age of advancing digitizing in all areas of industry. Moreover, effective IT security is indispensable given the networking of trades (IoT), the strong growth in the importance of AI, and the outsourcing of important functions and databases in the cloud. These factors are estimated to support the expansion of the public safety & security market size.

The German civil security model has a legal framework with room for the entrepreneurial spirit to flourish within it. Beyond the government security services that are extended to the people, there is also scope for new businesses to offer security services. This combination of private and state provision of protection is expected to pave the way for a healthy get of the public safety & security market share.

Terrorist attacks in other countries of Europe are compelling Germany to rethink its liberal attitude towards aggressive security and surveillance policies. Moreover, the German market related to products for safety and security is sophisticated and well-served. Foreign products can usually strongly compete on the basis of price and performance, even with a preference for locally manufactured products.

Inadequate terror funding in France surging adoption of public safety & security

The France Homeland Security is in transition. The government is fully aware of the fact that France is facing problems with a far greater reach than its economic ones, such as ISIS terror threats, coupled with the surge in the arrival of millions of immigrants to Europe that shows no signs of declining, as stated by the French president.

Up to 1,600 French nationals travel to fight in Syria and Iraq, and approximately 2,000 French citizens are involved in extremist Islamic cells in France. Moreover, France may be in a predicament with inadequate counter-terror funding and a homeland security budget. These factors are expected to skyrocket the adoption of public safety & security.

Access control systems are being installed by Japanese real estate facilities - a smart move!

Asia Pacific countries are extremely concerned about raising security spending with the ever-changing threat landscape. Countries such as Japan, India, and Singapore have upgraded or introduced various national cybersecurity guidelines.

The demand for public safety & security has recently increased in Japan owing to the need for security technologies and equipment because of several factors such as international events, mitigation and monitoring measures related to the ongoing Covid-19 pandemic, etc. For instance, an Internet Protocol (IP) camera is a digital video camera that receives control data and sends image data via an IP network and is commonly used for surveillance.

Japanese real estate facilities, such as retail stores and commercial buildings, widely install access control systems. These include CCTV cameras, face recognition access control systems, touchless operation systems, etc. Moreover, Japan ranked 8th in a 2020 poll that surveyed people’s sense of security and confidence in local law enforcement among 115 countries and regions. Hence, the growing safety measures are making people feel safe to travel to and live in Japan, which bolsters the demand for public safety & security.

Civil emergency exercises in South Korea are expected to safeguard citizens

The South Korean public safety & security market is categorized into three main sectors, which are disaster prevention/management, fire safety, and industrial/public safety. Moreover, the Korean government’s desire to buy from local suppliers and the drive to develop indigenous technology satisfies a majority of the market segments.

South Korean authorities sometimes hold civil emergency exercises where sirens are sounded, transport stopped, and some people are even asked to take shelter indoors, including in designated metro stations or basements. In addition, the government has developed a smartphone application with civil emergency advice, including shelter locations, different types of alarms, medical facilities, and emergency services.

In November 2014, a new Ministry of Public Safety & Security (MOPSS) was initiated by the Korean government and housed in the office of the Prime Minister, due to the growing concerns of Koreans over the fast-growing, fast-moving, highly industrialized country, with a population of over 50 Million. Furthermore, the need for security systems for regular government facilities and commercial buildings has been supplied, while the demand for anti-terrorism and illegal product detection systems is expected to sustain growth in the public safety & security market share.

Category-wise Analysis

Which Segments Dominate the Global Public Safety & Security Market?

During the forecast period, the emergency and disaster management segment is predicted to expand the most. As organic or man-made disasters including earthquakes, hurricanes, cyclones, typhoons, or tsunamis are becoming more prevalent, safety agencies are progressively deploying emergency and catastrophe management solutions. It provides access to vital documentation such as risk assessments, protocols, guidebooks, and emergency contacts.

Because of the constant effort of each nation's government to strengthen domestic safety and security, the homeland security segment possesses the largest public safety and security share of the market. In the USA, for example, the National Infrastructure Protection Plan (NIPP) is based on National Strategy for Homeland Security protocols for the physical protection of key infrastructure, as well as safeguarding cyberspace and key assets.

The Start-up Ecosystem: How key Players are opening Frontiers for Future Growth?

product launches, geographical expansion, mergers and acquisitions, partnerships, and collaboration to identify the interest of potential buyers and create a larger customer base. For instance,

• Zeteky, a startup based in the USA, was founded in 2015. It creates a reporting system that enables users to submit essential information, such as crime events reporting, to government leaders and law enforcement departments to strengthen community safety.
• The Openpath Company was established in 2016. Cisco collaborated with Openpath, a leader in touchless, sophisticated access control and workplace safety automation, in February 2021.

Who are the Leading Players in Public Safety & Security Market?

Some of the leading Public Safety & Security manufacturers include

• Cisco
• Motorola Solutions, Inc
• Hexagon AB
• Paessler AG
• NORTHROP GRUMMAN CORPORATION
• Kroll
• Honeywell

These key Public Safety & Security providers are adopting various strategies such as new product launches and approvals, partnerships, collaborations, acquisitions, mergers, etc. to increase their sales and gain a competitive edge in the global Public Safety & Security market. For instance,

• Kroll acquired Redscan, a cyber-security services provider, in March 2021 to broaden its Kroll Responder capabilities to accommodate a wider variety of on-premises and cloud telemetry source materials.
• Cisco acquired Kenna Security, Inc. in June 2021 to address security challenges with Kenna's risk-based security vulnerability management system. Kenna's security risk-management innovation would be incorporated into Cisco's Secure X platform.
• Honeywell made a tactical investment in RapidSOS in January 2022. To boost its Public Safety Communications Capabilities, the RapidSOS emergency service data platform will be connected to Honeywell's Connected Life Safety System (CLSS).
• Elbit Systems Ltd. acquired BAE Systems Rokar International Ltd. in April 2021 to integrate Rokar's technology and system to fortify Elbit's capabilities in networked high-accuracy fire solutions.

Report Scope

Key Segments Covered in the Public Safety & Security Market Report

Public Safety & Security Market by Solution:

• Critical Communication Network
• 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

Public Safety & Security Market by End User:

• Homeland Security
• Emergency Services
• Industrial
• Others

Public Safety & Security Market by Services:

• Professional Services
• Managed Services

Public Safety & Security Market by Region:

• North America
• Latin America
• Europe
• South Asia
• East Asia
• Oceania
• Middle East & Africa