Global Public Safety And Security Market by Application (Homeland Security, Critical Infrastructure Security), by Service (Managed, Professional) and Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast To 2028

Industry Insights

In 2018, the global security and public safety market was worth USD 318.2 trillion. The market is expected to grow at 14.8% annually from 2019-2025 due to an increase in criminal activity and terrorist attacks worldwide. The market is expected to grow due to increasing adoption of Internet of Things (IoT), as part of smart-city initiatives. These solutions will be more popular if governments make greater investments in upgrading and modernizing legacy systems to increase operational performance and lower associated costs.

Cyber-attacks, natural or man-made disasters, terrorism, and cyber-attacks continue to be a threat to both individuals and corporations. This will increase demand for security and public safety solutions and help drive their deployment. Governments are focusing on innovative solutions to strengthen and improve the security system and information technology infrastructure in the face of a rapidly changing global security environment. These factors will likely increase the adoption of security and public safety solutions by governments around the globe.

In countries with high levels of civil unrest, there has been an increase in demand for security and public safety solutions. The threat of attacks on critical infrastructure projects, such as power plants, highway networks, and water reservoirs, has been a major factor in the adoption of security and public safety solutions. An important factor in the development of emergency management and critical communication networks worldwide is the increasing frequency of natural disasters like cyclones and floods, hurricanes and tornadoes.

Multinational Companies (MNCs), especially in emerging economies like China, India and the Philippines, are expected to expand their business operations in Asia Pacific. This will drive economic growth and financial markets. Cybercriminals and terrorists could then target them. Symantec Corporation's recent Internet Security Threat Report (ISTR), revealed that the United States, China, and India had the highest levels of cyber threats. These factors will drive governments to adopt security and public safety solutions over the forecast period.

The technological environment is constantly changing and legacy information technology systems cannot cope with new threats. Major obstacles to the adoption of advanced public safety solutions and security solutions are large investments in designing and deploying IoT devices as well as a high-speed surveillance and communication network. Market growth is also limited by the high cost of modernizing legacy IT infrastructure, a lack of skilled workforce, and integration problems. Data security concerns, stringent regulations like the General Data Protection Regulation in Europe (GDPR), which restricts the collection and storage personal data of EU citizens, are also limiting the market's growth.

Service Insights

The market is further divided into managed services and professional services based on its service. Due to the high demand for the design and deployment new public safety and security networks as part of digital transformation initiatives, the professional services segment dominated 2018's market. The government is focusing aggressively on upgrading the existing public safety and security systems through advanced biometric systems, authentication, C2/C4ISR and surveillance systems. The fastest-growing segment in the forecast is the managed services segment. This is due to the increasing popularity and adoption of Public Safety as a Service.

PSaaS is easily implemented as part of smart-city initiatives. It does not require a large capital investment or technical expertise. The 'as a service' approach to security has allowed governments to overcome the difficulties and respond quickly to emergencies using a data-driven approach. SOMA Global LLC, for example, offers a cloud-based public security platform through the PSaaS model. These factors will be key to driving growth in managed services during the forecast period.

Solution Insights

The market can be further divided by solution into biometric security, authentication system and critical communication network, C2/C4ISR, surveillance system and screening system, emergency management and cybersecurity, backup and recovery system and general alarm. Due to increasing demand for high-speed and broadband communications networks, the critical communication network segment dominated in 2018. The market growth for public safety and security is expected to be driven by the growing adoption of critical communications networks for disaster and emergency management in emerging economies from the Asia Pacific region.

Long-Term Evolution (LTE), a critical component of critical communications, is being deployed at an increasing rate. With its widespread commercial deployment, LTE technology offers a great opportunity to meet security and public safety requirements. LTE technology's ability to provide a wide variety of services, including real-time communication and high-speed data, gives law enforcement agencies unprecedented abilities to improve public safety at a low cost. Due to governments' increasing emphasis on disaster management, it is expected to be the fastest-growing sector over the forecast period.

Application Insights

The market can be further divided by application into emergency services and homeland security, critical infrastructure security and logistics and transport systems. Due to increasing government initiatives to improve security and safety, the homeland security segment dominated 2018's market. The U.S. Department of Homeland Security issued the National Infrastructure Protection Plan in U.S. (NIPP). This directive combines protection efforts for Critical Infrastructure and Key Resource (CIKR). The NIPP outlines government and private sector participation in protecting 16 CIKR locations and assets. Implementation of NIPP will drive the development of security and public safety solutions to manage risk.

Over the forecast period, the fastest growth is expected in the logistics and transportation system segment. This is due to the rapid adoption of advanced safety and security solutions, and modernization of existing infrastructure to manage the security of transit systems. The segment will also grow due to the global deployment of Intelligent Transport Systems in smart city initiatives.

Regional Insights

In 2018, the North American region was dominant on the global market. The market is expected to grow due to high government investments to improve the security and public safety infrastructures to combat terrorism and illegal migration. North America also has several top providers of public safety and security solutions, including General Dynamics, Harris Corporation and Cisco Systems Inc. In North America, governments are early adopters and users of emerging technologies in urban areas.

Asia Pacific is expected to be the fastest-growing region market. The key drivers of security and public safety solutions in the Asia Pacific region are rapid urbanization, rising crime rates, illegal migration, and cross-border terrorist attacks. Governments across the region have invested in improving their surveillance systems and communication networks. The market will also be driven by the increasing number of smart cities projects in emerging countries like India and China, which is expected to boost growth during the forecast period.

Public Safety and Security Market Share insights

Atos, Ericsson, ESRI, SAP SE, NEC Corporation, Cisco Systems, Inc., Harris Corporation, Genetec, General Dynamics, and Huawei Technologies Co. Ltd. are key industry players in this market. These market players work to offer advanced security and public safety solutions that will improve the ability of governments to manage emergency situations more effectively. General Dynamics, Harris Corporation, and Cisco Systems Inc. all have strong research and development departments that work on cutting-edge technology systems. Many companies that provide security and public safety solutions also design and manufacture weapon systems for the Armed Forces.

Some solution providers, like General Dynamics and Harris Corporation, work closely with government agencies to provide security and public safety solutions. Harris Corporation, for example, delivered 9000 advanced public safety radios in 2019 to the U.S. Department of Homeland Security's Customs and Border Protection(CBP), which is the primary border control agency. The XL200P radio was designed with public safety specialists to meet the operational and performance requirements of DHS.

The Report Covers Certain Segments

This report predicts revenue growth at the global, regional and country level and offers an analysis of industry trends for each sub-segment from 2014 to 2025. Grand View Research has divided the global public safety & security market report by service, solution, app, region, and purpose.

• Service Outlook (Revenue, USD Billion, 2014 - 2025)

  • Professional Services

  • Managed Services

• Solution Outlook (Revenue, USD Billion, 2014 - 2025)

  • Biometric Security and Authentication System

  • Critical Communication Network

  • C2/C4ISR system

  • Surveillance System

  • Screening & Scanning Systems

  • Management of Disasters and Emergencies

  • Cybersecurity

  • Public Alarm & General Alarm

  • Backup and Recovery System

• Application Outlook (Revenue, USD Billion, 2014 - 2025)

  • Emergency Services

  • Homeland Security

  • Critical Infrastructure Security

  • Logistics & Transportation Systems

  • Other

• Regional Outlook (Revenue USD Billion, 2014-2025)

  • North America

    • U.S.

    • Canada

  • Europe

    • U.K.

    • Germany

  • Asia Pacific

    • China

    • India

    • Japan

  • Latin America

    • Brazil

  • Middle East & Africa

Up Market Research published a new report titled “Public Safety And Security Market research report which is segmented by Application (Homeland Security, Critical Infrastructure Security), by Service (Managed, Professional), By Players/Companies Inc have strong research and development teams working on developing cutting edge technology systems Many of the providers of public safety and security solutions are also involved in the design and manufacturing of weapon systems for the armed forces, Ltd These market players are working on offering advanced public safety and security solutions to improve the capabilities of the governments to effectively manage emergencies Companies such as General Dynamics; Harris Corporation; and Cisco Systems, Atos; Ericsson; ESRI; SAP SE; NEC Corporation; Cisco Systems, Inc; Harris Corporation; Genetec; General Dynamics; and Huawei Technologies Co”. As per the study the market is expected to grow at a CAGR of XX% in the forecast period.

Report Scope

The report covers comprehensive data on emerging trends, market drivers, growth opportunities, and restraints that can change the market dynamics of the industry. It provides an in-depth analysis of the market segments which include products, applications, and competitor analysis.

Global Public Safety And Security Market Report Segments:

The market is segmented by Application (Homeland Security, Critical Infrastructure Security), by Service (Managed, Professional).

Public Safety And Security Market research report delivers a close watch on leading competitors with strategic analysis, micro and macro market trend and scenarios, pricing analysis and a holistic overview of the market situations in the forecast period. It is a professional and a detailed report focusing on primary and secondary drivers, market share, leading segments and geographical analysis. Further, key players, major collaborations, merger & acquisitions along with trending innovation and business policies are reviewed in the report.

Key Benefits for Industry Participants & Stakeholders:

• Industry drivers, restraints, and opportunities covered in the study
• Neutral perspective on the market performance
• Recent industry trends and developments
• Competitive landscape & strategies of key players
• Potential & niche segments and regions exhibiting promising growth covered
• Historical, current, and projected market size, in terms of value
• In-depth analysis of the Public Safety And Security Market

Overview of the regional outlook of the Public Safety And Security Market:

Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa (MEA). North America region is further bifurcated into countries such as U.S., and Canada. The Europe region is further categorized into U.K., France, Germany, Italy, Spain, Russia, and Rest of Europe. Asia Pacific is further segmented into China, Japan, South Korea, India, Australia, South East Asia, and Rest of Asia Pacific. Latin America region is further segmented into Brazil, Mexico, and Rest of Latin America, and the MEA region is further divided into GCC, Turkey, South Africa, and Rest of MEA.

Highlights of The Public Safety And Security Market Report:

1. The market structure and projections for the coming years.
2. Drivers, restraints, opportunities, and current trends of Public Safety And Security Market.
3. Historical data and forecast.
4. Estimations for the forecast period 2028.
5. Developments and trends in the market.

                1. Homeland Security

                2. Critical Infrastructure Security

                1. Managed

                2. Professional

8. Market scenario by region, sub-region, and country.
9. Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
10. Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
11. Government Policies, Macro & Micro economic factors are also included in the report.

We have studied the Public Safety And Security Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2028.

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Reasons to Purchase the Public Safety And Security Market Report:

• The report includes a plethora of information such as market dynamics scenario and opportunities during the forecast period
• Segments and sub-segments include quantitative, qualitative, value (USD Million,) and volume (Units Million) data.
• Regional, sub-regional, and country level data includes the demand and supply forces along with their influence on the market.
• The competitive landscape comprises share of key players, new developments, and strategies in the last three years.
• Comprehensive companies offering products, relevant financial information, recent developments, SWOT analysis, and strategies by these players.