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.

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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.
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
1
2
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.
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.

4. Market is segmented into By Solution
Critical
Communication
&Networks
Cyber Security
Surveillance Systems
& Mass Notification
Systems
Biometrics
Systems &
Scanning and
Screening
Systems
Disaster
Recovery and
Backup Systems
& Others
1 2 3 4

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

6. Leading Market Players
Kroll, LLC
Cisco System
Hexagon AB
SAAB
Alcatel-Lucent Enterprise
BAE Systems
Elbit Systems
Ericsson
General Dynamics
Harris

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