Public Safety and Security Market to Reach $461.8 Billion by 2030

Meticulous Research®, a prominent market research firm, released a study named, ‘Public Safety and Security Market by Offering (Safety Devices, Safety Software, Safety Services), Technology (IoT, AI, Cloud Computing, ML), Application (Data Gathering, Mapping, and 3D Imaging), End Use (Warehouses & Depots, Workplaces, Shopping Malls & Retail Stores) and Geography – Global Forecast to 2031.’
According to the most recent report by Meticulous Research®, the global public safety and security market is projected to surge to $514.1 billion by 2031, up from an estimated $234.2 billion in 2024, reflecting a compound annual growth rate (CAGR) of 11.9% during the forecast period. This growth is attributed to the increasing adoption of AI, ML, and analytics in public safety applications, rising awareness and initiatives for public safety, and governmental efforts to address the needs of expanding urban populations. However, substantial initial investments needed for implementing safety solutions act as a barrier to market growth. Opportunities for market expansion lie in the integration of cloud computing and big data analytics into safety solutions, as well as the growing instances of security breaches and terrorism. Nonetheless, challenges persist in the form of complexities in deploying advanced safety systems and the escalating instances of data breaches, posing significant hurdles for stakeholders in the market.
The public safety and security market worldwide is divided into segments based on offerings, technologies, applications, end-users, and geographical regions. Additionally, the report assesses competitors in the industry and provides analysis at both country and regional levels.
Based on offering, the global public safety and security market is categorized into safety devices, safety software, and safety services. By 2024, it is anticipated that the safety services segment will hold the largest portion of the market. This dominance is linked to the rising need for t

Public Safety and Security Market to Reach $461.8 Billion by 2030

Meticulous Research®, a prominent market research firm, released a study named, ‘Public Safety and Security Market by Offering (Safety Devices, Safety Software, Safety Services), Technology (IoT, AI, Cloud Computing, ML), Application (Data Gathering, Mapping, and 3D Imaging), End Use (Warehouses & Depots, Workplaces, Shopping Malls & Retail Stores) and Geography – Global Forecast to 2031.’
According to the most recent report by Meticulous Research®, the global public safety and security market is projected to surge to $514.1 billion by 2031, up from an estimated $234.2 billion in 2024, reflecting a compound annual growth rate (CAGR) of 11.9% during the forecast period. This growth is attributed to the increasing adoption of AI, ML, and analytics in public safety applications, rising awareness and initiatives for public safety, and governmental efforts to address the needs of expanding urban populations. However, substantial initial investments needed for implementing safety solutions act as a barrier to market growth. Opportunities for market expansion lie in the integration of cloud computing and big data analytics into safety solutions, as well as the growing instances of security breaches and terrorism. Nonetheless, challenges persist in the form of complexities in deploying advanced safety systems and the escalating instances of data breaches, posing significant hurdles for stakeholders in the market.
The public safety and security market worldwide is divided into segments based on offerings, technologies, applications, end-users, and geographical regions. Additionally, the report assesses competitors in the industry and provides analysis at both country and regional levels.
Based on offering, the global public safety and security market is categorized into safety devices, safety software, and safety services. By 2024, it is anticipated that the safety services segment will hold the largest portion of the market. This dominance is linked to the rising need for