Public Safety and Security Market

1. Public Safety and Security Market

2. The global public safety and security market was valued at $405.7 billion in 2021, and is projected to reach $832.1 billion by 2031, growing at a CAGR of 7.5% from 2022 to 2031. Download Sample PDF The public safety and security are important thing for economic development and communities well-being. Government embraces the infrastructure and technologies that allow intelligence departments to gather, understand, analyze, and detect activities in real time. Using smart technology such as internet of things (IOT), artificial intelligence (AI), machine learning (ML), and network technology devices enable communities to protect critical infrastructure improve public safety & security and positively affect the resident lives.

3. Impact of Covid-19 The public safety and security industry is projected to prosper in the upcoming years after the recovery from the COVID-19 pandemic. Moreover, many companies have developed new security devices to support security professionals in their work in these crucial times. 1 The market is projected to witness a slight downfall in 2020. This is attributed to implementation of lockdown by governments in majority of the countries and the shutdown of travel across the world to prevent the transmission of virus. 2

4. Market is segmented into By Solution Surveillance Systems & Mass Notification Systems Critical Communication &Networks Cyber Security Biometrics Systems & Scanning and Screening Systems Disaster Recovery and Backup Systems & Others

5. Segmentation By Region North America  U.S., Canada U.K., Germany, France, Spain, Italy, Rest of Europe Europe China, Japan, South Korea, India, Australia, Rest of Asia-Pacific Asia-Pacific LAMEA Latin America, Middle East, Africa

6. Leading Market Players 

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