Public Safety and Security Market

Public Safety and Security Market by Applications (Logistics & Transportation Systems, Homeland Security, Critical Infrastructure Security, Emergency Services, and Others), Services (Managed Services and Professional Services), Solutions (Critical Communication Network, Surveillance System, Emergency & Disaster management, Public Address & General Alarm, Biometric Security & Authentication Systems, C2/C4ISR System, Screening & Scanning System, Backup & Recovery System, and Cybersecurity), and Regions (Asia Pacific, North America, Latin America, Europe, and Middle East & Africa) - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast 2021 – 2028

  • Report ID: ICT-SE-2891
  • Author: Growth Market Reports
  • Rating: 4.3
  • Total Reviews: 3
  • No. Of Pages: 224
  • Format:
  • Pub. Date: Upcoming
  • Share:

The global public safety and security market is anticipated to register a considerable CAGR during the forecast period, 2021-2028. The growth of the market is attributed to the exponential rise in criminal activities and terrorist attacks across the globe.

Public Safety and Security Market

Public safety and security is a service of the government by which it safeguards that its organizations, people, and institutions, are protected from threats and kept safe. Government bodies such as law enforcement, fire services, ambulance & emergency medical services, and police are playing major role in public safety and security. Public safety and security is one of the crucial parameter that regulate the actual quality of life of the residents of a particular region and ensures their welfare and solace. The public safety and security solutions offers numerous benefits for their customers including secure mobility, cybersecurity, rapid application development, and accessibility.

The COVID-19 pandemic outbreak has brought a positive impact on the market. During pandemic the dependence on law enforcement agencies and homeland security has increased considerably. Emergency services, critical infrastructure security, and others are leveraging the public safety and security solutions to deliver essential facilities to consumers.

Market Trends, Drivers, Restraints, and Opportunities

  • Increasing incidence of natural and man-made disasters including earthquake, hurricanes, and cyber-attacks is one of the key factor driving the market growth.
  • Rising investments by governments for the upgrading of legacy systems to reduce associated costs and improve operational performance is projected to drive the market expansion during the forecast period.
  • Escalating cost for upgrading of legacy systems acts as a major challenge that can restrict the market growth in the coming years.
  • Lack of experienced and skilled workforce for handling and maintaining public safety and security system technologies can hamper the market growth during the projected timeline.
  • Integrating big data analysis with safety and security systems for better data analyzing gathered from security system devices is projected to create significant growth opportunities for the market.

Scope of the Report

The report on the global public safety and security market includes an assessment of the market, trends, segments, and regional markets. Overview and dynamics have also been included in the report.

Attributes

Details

Report Title

Public Safety And Security Market - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast

Base Year

2020

Historic Data

2018–2019

Forecast Period

2021–2028

Segmentation

Applications (Logistics & Transportation Systems, Homeland Security, Critical Infrastructure Security, Emergency Services, and Others), Services (Managed Services and Professional Services), and Solutions (Critical Communication Network, Surveillance System, Emergency & Disaster management, Public Address & General Alarm, Biometric Security & Authentication Systems, C2/C4ISR System, Screening & Scanning System, Backup & Recovery System, and Cybersecurity)

Regional Scope

Asia Pacific, North America, Latin America, Europe, and Middle East & Africa

Report Coverage

Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast

Key Players Covered in the Report

Ericsson Pvt. Ltd.; SAP SE Corp.; NEC Corp.; Harris Corp.; Atos; Cisco Systems, Inc.; General Dynamics Corp.; Atos; Huawei Technologies Co., Ltd.; and Genetec Inc.

Market Segment Insights

Rising government initiatives for safety and security drive the homeland security segment

Based on applications, the market is divided into logistics & transportation systems, homeland security, critical infrastructure security, emergency services, and others. The homeland security segment is expected to grow at a rapid pace during the forecast period attributed to rising number of government initiatives to increase safety and security. However, the logistics & transportation systems segment is anticipated to expand at a substantial CAGR in the coming years due to implementation of intelligent transportation systems as part of smart city initiatives. Furthermore, rising implementation of technologically advanced public security and safety solutions and transformation of the existing infrastructure to enhance the security of the transport system, which is projected to accelerate the segment growth further.

Public Safety and Security Market

Professional segment is projected to expand at considerable CAGR

In terms of services, the global public safety and security market is bifurcated into managed and professional. The professional segment is projected to expand a considerable CAGR during the forecast period owing to rise in demand of design and deployment of new public safety and security system as part of digital transformation initiatives. Additionally, growing adoption and implementation of public safety as a service model for smart cities is major driver of the segment

Public Safety and Security Market

Growing use of LTE in communication increases critical communication network segment market share

On the basis of solution, the market is segregated into critical communication network, surveillance system, emergency & disaster management, public address & general alarm, biometric security & authentication systems, C2/C4ISR SYSTEM, screening & scanning system, backup & recovery system, and cybersecurity. The critical communication network segment is estimated to account for a significant market share during the forecast period due to rising demand for the deployment of broadband communication and high-speed wireless networks across the globe. Moreover, growing use of long-term evolution (LTE) in communication as LTE technology, with its wide-scale commercial deployment, offers a brilliant chance to meet public safety and security requirements, which presents a major factor driving the segment. On the other hand, the emergency & disaster management segment is projected to expand a considerable CAGR during the forecast period attributed to the increasing focus of government bodies on managing natural calamities.

North America is anticipated to constitute a key market share

In terms of region, the global public safety and security market is classified as Asia Pacific, North America, Latin America, Europe, and Middle East & Africa. North America is anticipated to constitute a key share of the market during the projected period owing to investment by government in the improvement of the security infrastructure and existing public safety systems to block illegal immigration and terrorism. However, the Asia Pacific market is anticipated to grow at a rapid pace during the forecast period due to the rising terrorism, illegal immigration, and cyber-attacks leading to the rise in implementation of public safety and security systems.

Public Safety and Security Market

Segments

Segments Covered in the Report

The global public safety and security market has been segmented on the basis of

Applications

  • Logistics & Transportation Systems
  • Homeland Security
  • Critical Infrastructure Security
  • Emergency Services
  • Others
  • Services
  • Managed Services
  • Professional Services

Solutions

  • Critical Communication Network
  • Surveillance System
  • Emergency & Disaster management
  • Public Address & General Alarm
  • Biometric Security & Authentication Systems
  • C2/C4ISR System
  • Screening & Scanning System
  • Backup & Recovery System
  • Cybersecurity

Regions

  • Asia Pacific
  • North America
  • Latin America
  • Europe
  • Middle East & Africa

Key Players

  • Ericsson Pvt. Ltd.
  • SAP SE Corp.
  • NEC Corp.
  • Harris Corp.
  • Atos
  • Cisco Systems, Inc.
  • General Dynamics Corp.
  • Atos
  • Huawei Technologies Co., Ltd.
  • Genetec Inc.

Competitive Landscape

Key players competing in the global public safety and security market are Ericsson Pvt. Ltd.; SAP SE Corp.; NEC Corp.; Harris Corp.; Atos; Cisco Systems, Inc.; General Dynamics Corp.; Atos; Huawei Technologies Co., Ltd; and Genetec Inc.

Companies are focusing on offering advanced public safety and security solutions to improve the abilities of the governments to effectively manage emergencies. Companies with strong R & D teams are working on developing cutting edge technology systems. Many of the key player of public safety and security solutions are also involved in the manufacturing and designing of weapon systems for the armed forces as well as working close with government for providing public safety and security systems. For instance, in June 2020, Honeywell American publicly traded, multinational conglomerate corporation announced the launch of Honeywell Forge cybersecurity suite. This suite offers better cybersecurity risk monitoring, increased asset discovery capabilities with active and passive functionality, and improved industrial-grade remote access.

In 2019, Harris Corporation delivered 9,000 advanced XL-200P public safety radios to the U.S. Border Protection and Department of Homeland Security’s Customs. This radio was particularly designed in line with public safety experts to encounter the operational needs of the DHS.

Public Safety and Security Market

1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Public Safety and Security Market Overview
  4.1. Introduction
     4.1.1. Market Taxonomy
     4.1.2. Market Definition
  4.2. Macro-Economic Factors
     4.2.1. Industry Outlook
  4.3. Public Safety and Security Market Dynamics
     4.3.1. Market Drivers
     4.3.2. Market Restraints
     4.3.3. Opportunity
     4.3.4. Market Trends
  4.4. Public Safety and Security Market - Supply Chain
  4.5. Global Public Safety and Security Market Forecast
     4.5.1. Public Safety and Security Market Size (US$ Mn) and Y-o-Y Growth
     4.5.2. Public Safety and Security Market Size (000’ Units) and Y-o-Y Growth
     4.5.3. Public Safety and Security Market Absolute $ Opportunity
5. Global Public Safety and Security Market Analysis and Forecast by Region
  5.1. Market Trends
  5.2. Introduction
     5.2.1. Basis Point Share (BPS) Analysis by Region
     5.2.2. Y-o-Y Growth Projections by Region
  5.3. Public Safety and Security Market Size and Volume Forecast by Region
     5.3.1. North America
     5.3.2. Latin America
     5.3.3. Europe
     5.3.4. Asia Pacific
     5.3.5. Middle East and Africa (MEA)
  5.4. Absolute $ Opportunity Assessment by Region
  5.5. Market Attractiveness/Growth Potential Analysis by Region
  5.6. Global Public Safety and Security Demand Share Forecast, 2019-2026
6. North America Public Safety and Security Market Analysis and Forecast
  6.1. Introduction
     6.1.1. Basis Point Share (BPS) Analysis by Country
     6.1.2. Y-o-Y Growth Projections by Country
  6.2. North America Public Safety and Security Market Size and Volume Forecast by Country
     6.2.1. U.S.
     6.2.2. Canada
  6.3. Absolute $ Opportunity Assessment by Country
  6.4. Market Attractiveness/Growth Potential Analysis
     6.4.1. By Country
     6.4.2. By Product Type
     6.4.3. By Application
  6.5. North America Public Safety and Security Demand Share Forecast, 2019-2026
7. Latin America Public Safety and Security Market Analysis and Forecast
  7.1. Introduction
     7.1.1. Basis Point Share (BPS) Analysis by Country
     7.1.2. Y-o-Y Growth Projections by Country
     7.1.3. Latin America Average Pricing Analysis
  7.2. Latin America Public Safety and Security Market Size and Volume Forecast by Country
      7.2.1. Brazil
      7.2.2. Mexico
      7.2.3. Rest of Latin America
   7.3. Absolute $ Opportunity Assessment by Country
  7.4. Market Attractiveness/Growth Potential Analysis
     7.4.1. By Country
     7.4.2. By Product Type
     7.4.3. By Application
  7.5. Latin America Public Safety and Security Demand Share Forecast, 2019-2026
8. Europe Public Safety and Security Market Analysis and Forecast
  8.1. Introduction
     8.1.1. Basis Point Share (BPS) Analysis by Country
     8.1.2. Y-o-Y Growth Projections by Country
     8.1.3. Europe Average Pricing Analysis
  8.2. Europe Public Safety and Security Market Size and Volume Forecast by Country
     8.2.1. Germany
     8.2.2. France
     8.2.3. Italy
     8.2.4. U.K.
     8.2.5. Spain
     8.2.6. Russia
     8.2.7. Rest of Europe
  8.3. Absolute $ Opportunity Assessment by Country
  8.4. Market Attractiveness/Growth Potential Analysis
     8.4.1. By Country
     8.4.2. By Product Type
     8.4.3. By Application
  8.5. Europe Public Safety and Security Demand Share Forecast, 2019-2026
9. Asia Pacific Public Safety and Security Market Analysis and Forecast
  9.1. Introduction
     9.1.1. Basis Point Share (BPS) Analysis by Country
     9.1.2. Y-o-Y Growth Projections by Country
     9.1.3. Asia Pacific Average Pricing Analysis
  9.2. Asia Pacific Public Safety and Security Market Size and Volume Forecast by Country
     9.2.1. China
     9.2.2. Japan
     9.2.3. South Korea
     9.2.4. India
     9.2.5. Australia
     9.2.6. Rest of Asia Pacific (APAC)
  9.3. Absolute $ Opportunity Assessment by Country
  9.4. Market Attractiveness/Growth Potential Analysis
     9.4.1. By Country
     9.4.2. By Product Type
     9.4.3. By Application
  9.5. Asia Pacific Public Safety and Security Demand Share Forecast, 2019-2026
10. Middle East & Africa Public Safety and Security Market Analysis and Forecast
  10.1. Introduction
     10.1.1. Basis Point Share (BPS) Analysis by Country
     10.1.2. Y-o-Y Growth Projections by Country
     10.1.3. Middle East & Africa Average Pricing Analysis
  10.2. Middle East & Africa Public Safety and Security Market Size and Volume Forecast by Country
     10.2.1. Saudi Arabia
     10.2.2. South Africa
     10.2.3. UAE
     10.2.4. Rest of Middle East & Africa (MEA)
  10.3. Absolute $ Opportunity Assessment by Country
  10.4. Market Attractiveness/Growth Potential Analysis
     10.4.1. By Country
     10.4.2. By Product Type
     10.4.3. By Application
  10.5. Middle East & Africa Public Safety and Security Demand Share Forecast, 2019-2026
11. Competition Landscape
  11.1. Global Public Safety and Security Market: Market Share Analysis
  11.2. Public Safety and Security Distributors and Customers
  11.3. Public Safety and Security Market: Competitive Dashboard
  11.4. Company Profiles (Details: Overview, Financials, Developments, Strategy)

Segments Covered in the Report

The global public safety and security market has been segmented on the basis of

Applications

  • Logistics & Transportation Systems
  • Homeland Security
  • Critical Infrastructure Security
  • Emergency Services
  • Others
  • Services
  • Managed Services
  • Professional Services

Solutions

  • Critical Communication Network
  • Surveillance System
  • Emergency & Disaster management
  • Public Address & General Alarm
  • Biometric Security & Authentication Systems
  • C2/C4ISR System
  • Screening & Scanning System
  • Backup & Recovery System
  • Cybersecurity

Regions

  • Asia Pacific
  • North America
  • Latin America
  • Europe
  • Middle East & Africa

Key Players

  • Ericsson Pvt. Ltd.
  • SAP SE Corp.
  • NEC Corp.
  • Harris Corp.
  • Atos
  • Cisco Systems, Inc.
  • General Dynamics Corp.
  • Atos
  • Huawei Technologies Co., Ltd.
  • Genetec Inc.

Key players competing in the global public safety and security market are Ericsson Pvt. Ltd.; SAP SE Corp.; NEC Corp.; Harris Corp.; Atos; Cisco Systems, Inc.; General Dynamics Corp.; Atos; Huawei Technologies Co., Ltd; and Genetec Inc.

Companies are focusing on offering advanced public safety and security solutions to improve the abilities of the governments to effectively manage emergencies. Companies with strong R & D teams are working on developing cutting edge technology systems. Many of the key player of public safety and security solutions are also involved in the manufacturing and designing of weapon systems for the armed forces as well as working close with government for providing public safety and security systems. For instance, in June 2020, Honeywell American publicly traded, multinational conglomerate corporation announced the launch of Honeywell Forge cybersecurity suite. This suite offers better cybersecurity risk monitoring, increased asset discovery capabilities with active and passive functionality, and improved industrial-grade remote access.

In 2019, Harris Corporation delivered 9,000 advanced XL-200P public safety radios to the U.S. Border Protection and Department of Homeland Security’s Customs. This radio was particularly designed in line with public safety experts to encounter the operational needs of the DHS.

Public Safety and Security Market

Buy Report