Press release
Public and Personal Safety Market Size, Demand, Top Companies, Growth and Research Report 2023-2032
Public and Personal Safety Market Insights:The global public and personal safety market is expected to reach a value of USD 518 billion by 2023. To reach this value, the market would have to obtain a CAGR of 13% during the forecast period. The growth of the market is also supported by a few major factors like population, increasing urbanization, and upgrading the economic conditions of the country. Along with this, advanced and user-friendly technologies have taken the market to another new level.
In an increasingly interconnected world, ensuring public and personal safety has become a top priority for governments, organizations, and individuals alike. From urban environments to remote locations, the demand for innovative safety solutions continues to grow, driven by evolving threats, technological advancements, and changing societal needs.
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Key Players:
• Esri (US)
• AGT International (Switzerland)
• Honeywell (France)
• Haystax Technology (US)
• Huawei (China)
• IDEMIA (France)
• Teltronic (Spain)
• Verint Systems (US)
• Motorola Solution (US)
• Rave Mobile Safety (US)
• NEC (Japan)
• Hexagon (Sweden)
• Elbit Systems (Israel)
• Alcatel-Lucent Enterprise (France)
• BAE Systems (UK)
• Siemens (Germany)
• NICE (Israel)
• Atos (France)
• Cisco Systems (US),
are the notable vendors in the Public and Personal Safety Market.
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Public and Personal Safety Market Regional Analysis:
The geographical analysis of Asia- Pacific, Americas, Europe, and the Rest of the World (RoW) has been conducted. As per the analysis, the North American market is dominating the global market. The demand for high security and technological advancement has resulted to an exponential regional growth. The second position is attained by Europe. Europe is a lucrative market with respect to volume and size. On the other hand, the APAC region is proving to be a fertile market due to the continued development and advancement being implemented in the technologies. The analysis also states that the APAC region is estimated to show significant growth during the forecast period. Besides, the presence of several manufacturers is another key reason which propels the market. The APAC countries such as Japan, China, and South Korea have significant participation in the expansion of the market. The awareness concerning technological development is a continuous process, which is the most important factor driving the market in the region.
However, due to the outbreak of pandemic coronavirus, several regions have been adversely affected. The dynamics of the market are changed significantly due to the observation of worldwide lockdown.
Public and Personal Safety Market Segmentation:
The global public and personal safety market can be classified on the basis of service, solution, end-user, and region.
On the basis of service, the global public and personal safety market can be classified into Professional Services and Managed Services.
On the basis of solution, the global public and personal safety market can be classified into Critical Communication Network, Personal safety and general alarms, C2/C4ISR System, Emergency and Disaster Management, Biometric Security and Authentication System, Scanning and Screening System, Surveillance System, and others.
On the basis of end-user, the global public and personal safety market can be classified into Commercial and residential, Emergency services, Government, Manufacturing, Construction and architecture, and others.
On the basis of region, the global public and personal safety market can be classified into Asia- Pacific, Americas, Europe, and the Rest of the World.
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The public and personal safety market is undergoing rapid transformation, driven by technological innovation, changing societal needs, and evolving safety challenges. By leveraging emerging technologies such as IoT, AI, and biometrics, stakeholders can enhance situational awareness, improve response capabilities, and empower individuals to protect themselves and their communities. As the demand for safety solutions continues to grow, collaboration, innovation, and investment in safety infrastructure and technologies will be critical for building safer, more resilient, and inclusive societies.
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