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Public Safety And Security Market: High Growth Opportunities from 2024 to 2029

01-23-2025 11:24 AM CET | Aerospace & Defense

Press release from: The Business Research Company

Public Safety And Security Market

Public Safety And Security Market

An in-depth look at the surge in the public safety and security market size, driven by major factors such as terrorism evolution, public safety investments, and the adoption of AI-powered analytics.

What Is The Projected Market Size Of The Global Public Safety And Security Market And Its Growth Rate?
The global public safety and security market is on a growth trajectory, with significant size and CAGR numbers:
- The market has increased rapidly from $616.61 billion in 2024 to $693.85 billion in 2025, recording a compound annual growth rate (CAGR) of 12.5%.
- Factors attributing to this growth were natural disasters impacts, the evolution of terrorism and threats, public safety investments, community policing initiatives, and shifts in crime patterns.
- The market is set for further rapid growth up to $1154.45 billion in 2029 at a compound annual growth rate (CAGR) of 13.6%.
- Anticipated growth in the forecast period can be attributed to resilience planning, integrated command centers, remote monitoring solutions, data privacy solutions, ai-powered analytics.

What Is Driving The Growth In The Public Safety And Security Market?
The increase in occurrences of transnational and regional instability is propelling the growth of the public safety and security market. Transnational and regional instability, referring to political unrest in neighboring countries, necessitates the need for public safety and security protecting citizens and infrastructure from threats and danger both nationally and internationally. For example, according to the U.S. Customs and Border Protection, nationwide encounters rose significantly to 3,201,144 in 2023, reflecting a substantial rise in interactions compared to 2,766,582 in 2022. This rise in transnational and regional instability is expected to continue driving the growth of the public safety and security market.

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Who Are the Key Players Driving Public Safety And Security Market Growth?
Key companies operating in the public safety and security market include:
- Accentur*e Plc.
- AGT International
- Atos SE
- BAE Systems plc
- Cisco Systems Inc.
- Elbit Systems Ltd.
- Ericsson
- Fotokite
- L3Harris Technologies Inc.
- Hitachi Ltd.
- Huawei Technologies Co. Ltd.
- Northrop Grumman Corporation
- NEC Corporation
- Teltronic S.A.U.
- Thales Group

What Are The Key Trends In The Public Safety And Security Market?
Emerging trends in the forecast period include:
- AI and machine learning integration
- Internet of Things (IoT) adoption
- Biometric authentication
- Cybersecurity measures
- Smart surveillance systems.

What Are The Segments Of The Global Public Safety And Security Market?
The global public safety and security market is segmented by:
- Component: Services, Solutions
- Vertical: Homeland Security, Emergency Services, Critical Infrastructure Security, Transportation Systems, Other Verticals

Which Region Leads The Public Safety And Security Market?
North America was the largest region in the public safety and security market in 2024. Other regions covered in this report include Asia-Pacific, Western Europe, Eastern Europe, South America, Middle East, and Africa.

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What Is Covered In The Public Safety And Security Market Global Market Report?
- Market Size Analysis: Analyze the Public Safety And Security Market size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the Public Safety And Security Market for effective categorization.
- Key Player Focus: Focus on key players to define their market value, share, and competitive landscape.
- Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
- Market Contribution: Evaluate contributions of different segments to the overall Public Safety And Security Market growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the Public Safety And Security Market.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.

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The Business Research Company ( https://www.thebusinessresearchcompany.com ) is a leading market intelligence firm renowned for its expertise in company, market, and consumer research. With a global presence, TBRC's consultants specialize in diverse industries such as manufacturing, healthcare, financial services, chemicals, and technology, providing unparalleled insights and strategic guidance to clients worldwide.

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