Know about the Future of Global Public Safety and Security and what makes it a booming industry?

Global Public Safety and Security Market is expected to grow at a CAGR of around 38% from 2017 to 2025. Public safety plays a significant role in supporting financial development and ensures prevention and protection from cyber criminals, terrorist attacks and disasters. It improves quality of life and increase the attractiveness of a location for visitors, because threat of crime is taken as a signal for the lack of safety.

Based on solution, the Public Safety and Security Market is divided into threat detection, surveillance, emergency & safety, access control, cyber threat, disaster management and others. By component, market is segmented into hardware, software and services. According to end-user, it is classified into disaster management department, homeland security and others. Geographic breakdown and deep analysis of each of the aforesaid segments is included for North America, Europe, Asia-Pacific, and LAMEA.

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Market Dynamics:

Drivers:

• Unprecedented increase in cyber criminals, terrorist attacks and natural disaster have fueled the demand of public safety and security solutions.
• Stringent government regulations related to public safety.

Restraints:

• High installation cost of public safety and security solutions.

Market Players:

The top players in the global public safety and security market include Cisco Systems, Inc., NEC Corporation, Thales Corporation, IBM Corporation, Honeywell International Inc., Huawei Technologies, Northrop Grumman Corporation, Alcatel-Lucent, AGT International, and ESRI.

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MARKET LANDSCAPE

By Solution

• Threat Detection
• Surveillance
• Emergency & Safety
• Access Control
• Cyber Threat
• Disaster Management
• Others

By Component

• Hardware
• Software
• Services

By End-user

• Disaster Management Department
• Homeland Security
• Others

By Geography

• North America
o U.S.
o Canada
o Mexico
• Europe
o UK
o Germany
o France
o Spain
o Italy
o Rest of Europe
• Asia-Pacific
o China
o Japan
o India
o Australia
o South Korea
o Rest of Asia-Pacific
• LAMEA
o Brazil
o Saudi Arabia
o South Africa
o Rest of LAMEA

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