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Public Safety And Security Market Recent Development And Future Growth Forecast To 2032
The Business Research Company's global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032Public Safety And Security Market Size, Growth Rate, And Forecast
The global public safety and security market size is expected to grow from $493.73 billion in 2022 to $554.19 billion in 2023 at a compound annual growth rate (CAGR) of 12.2%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The public safety and security market size is expected to grow to $878.04 billion in 2027 at a CAGR of 12.2%.
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Public Safety And Security Market Drivers
The rising instances of transnational and regional instability are expected to propel the public safety and security market. Transnational and regional instability refers to the political instability in neighboring countries. Public safety and security protect citizens and infrastructure from threats and danger nationally and internationally.
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Public Safety And Security Market Segments
1) By Component: Services, Solutions
2) By Solution: Critical Communication Network, Biometric and Authentication System, Surveillance System, Emergency and Disaster Management, Cyber Security, C2/C4ISR Networks, Scanning and Screening System, Public Address and General Alarm, Backup and Recovery System
3) By Services: Professional Services, Managed Services
4) By Vertical: Homeland Security, Emergency Services, Critical Infrastructure Security, Transportation Systems, Other Verticals
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the Public Safety And Security Market.
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Public Safety And Security Market Key Players
Major competitors in the Public Safety And Security Market include AGT International, Atos, BAE Systems, Cisco Systems Inc., Elbit Systems, Ericsson, Fotokite, Harris Corporation, Hitachi Ltd., Huawei Technologies Co. Ltd., L3HRRIS Technology, Northrop Grumman Corporation, NEC Corporation, Teltronic, and Thales Group
The Business Research Company's "Global Public Safety And Security Market Report 2023" is a comprehensive report of the market, covering over 60 geographies and high level market segmentation per geography. The section on regional and country breakdowns examines the market in each geography as well as market size by region and country. Furthermore, it evaluates the market's historical and projected growth and identifies significant trends and strategies that businesses can use to expand their operations.
The Table Of Content For The Public Safety And Security Market Include:
1. Executive Summary
2. Public Safety And Security Market Characteristics
3. Public Safety And Security Market Trends And Strategies
4. Public Safety And Security Market - Macro Economic Scenario
5. Public Safety And Security Market Size And Growth
........
26. Africa Public Safety And Security Market
27. Public Safety And Security Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Public Safety And Security Market
29. Public Safety And Security Market Future Outlook and Potential Analysis
30. Appendix
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