The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032

Rising instances of transnational and regional insecurity are projected to promote innovation in vinyl sulfone manufacturing, hence propelling the market over the forecast period.

The global public safety and security market is expected to grow from $493.73 billion in 2022 to $554.19 billion in 2023 at a compound annual growth rate (CAGR) of 12.2%. The public safety and security market size is expected to grow to $878.04 billion in 2027 at a CAGR of 12.2%.

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Global Public Safety And Security Market Segments Include:

• By Component: Services, Solutions
• By Solution: Critical Communication Network, Biometric and Authentication System, Surveillance System, Emergency and Disaster Management, Cyber Security, C2/C4ISR Networks, Scanning and Screening System, Public Address and General Alarm, Backup and Recovery System
• By Services: Professional Services, Managed Services
• By Vertical: Homeland Security, Emergency Services, Critical Infrastructure Security, Transportation Systems, Other Verticals

• By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, North America is the largest region in the global public safety and security market in 2021.

Major Market Players in the public safety and security market include Accenture Plc., AGT International, Atos, BAE Systems, Cisco Systems Inc., Elbit Systems, Ericsson, Fotokite, Harris Corporation, Hitachi Ltd.

Rising criminal activity is likely to move the public safety and security market ahead. Criminal activities are acts of crime that are prohibited by criminal law and consist of the manifestation of physical or mental behaviour to carry out the crime. Public safety and security services assist in the prevention of crime, the gathering of evidence, the capturing of criminal acts, and the provision of security and public protection against crime. According to the New York Police Department, a US-based municipal law enforcement agency, a total of 4,367 arrests for charges of major felony crimes were made in New York City in October 2022, representing a 16.5% rise in major felony offences compared to October 2021.

The Public Safety And Security Global Market Report 2023  provides a public safety and security market overview for the time series: historic years (2010 – 2021) and ten years forecast (2023 – 2032). The public safety and security market forecast analyzes public safety and security market size, public safety and security market share, leading competitor market positions. The regions covered in the report include Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa and the countries include Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

The provision of safety, security, and welfare to citizens, communities, and organisations in the face of cyber threats, terrorism, frauds, criminal activities, natural calamities, national and international terrorism, and other emergency crisis scenarios is referred to as public safety and security.

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