The AI For Public Security And Safety Global Market Report 2024 by The Business Research Company provides market overview across 60+ geographies in the seven regions - Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa, encompassing 27 major global industries. The report presents a comprehensive analysis over a ten-year historic period (2010-2021) and extends its insights into a ten-year forecast period (2023-2033).
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According to The Business Research Company’s AI For Public Security And Safety Global Market Report 2024, The AI for public security and safety market size is expected to see exponential growth in the next few years. It will grow to $46.52 billion in 2028 at a compound annual growth rate (CAGR) of 29.7%. The growth in the forecast period can be attributed to expanding use of drones and robotics, increasing focus on predictive policing, integration of ai in emergency communication systems, global efforts against cybersecurity threats, incorporation of explainable AI (XAI). Major trends in the forecast period include ethical AI and responsible deployment, AI-powered virtual assistants for emergency response, customized ai solutions for smart cities, integration of ai in wearable devices, and interoperability of AI systems.
Increasing security threats are expected to propel the growth of AI in the public security and safety market going forward. Security threats refer to potential dangers or risks that can compromise the confidentiality, integrity, or availability of information, systems, and resources. Security threats use AI for public security and safety to rapidly analyze vast amounts of data, identify patterns, and enhance the efficiency of surveillance, threat detection, and response mechanisms, ultimately augmenting the capabilities of security systems to adapt to evolving threats and protect communities. For instance, in January 2024, according to AAG IT Services, a UK-based information technology and services company that provides cloud technology solutions, global cyberattacks increased by 38% in 2022 compared to 2021, and in 2022, data breaches cost businesses an average of $4.35 million, up from $4.24 million in 2021. Therefore, increasing security threats are driving the growth of AI in the public security and safety market.
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The ai for public security and safety market covered in this report is segmented –
1) By Component: Solution, Services
2) By Deployment Model: On- Premises, Cloud - Based
3) By Application: Preventative Policing, Criminal Investigation, Combating Terrorism, Emergence Response , Disaster Management, Other Applications
4) By End User: Law Enforcement Agencies, Federal Intelligence And Security, Other End Users
Major companies operating in the AI for public security and safety market are developing innovative products by integrating stacks purpose-built for AI-powered applications, such as GenAI in EVSec, to transform product and system development for enhanced security. Generative AI (GenAI) refers to the use of artificial intelligence to create new content, such as text, images, or code, based on existing data. For instance, in August 2023, C2A Security, an Israel-based security company, launched its Generative AI Integration product. GenAI in EVSec improves threat detection and training capabilities and enables adaptive responses, fostering more efficient and effective security measures for public security and safety. It also allows developers, security engineers, and product leaders to optimize production processes, detect inefficiencies, automate security controls, and prioritize responses to vulnerabilities.
The ai for public security and safety market report table of contents includes:
1. Executive Summary
2.AI For Public Security And Safety Market Characteristics
3.AI For Public Security And Safety Market Trends And Strategies
4. AI For Public Security And Safety market analysis
5.AI For Public Security And Safety Market Size And Growth
6.AI For Public Security And Safety Segmentation
7.AI For Public Security And Safety Regional And Country Analysis
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27AI For Public Security And Safety. Competitive Landscape And Company Profiles
28.AI For Public Security And Safety Key Mergers And Acquisitions
29. AI For Public Security And Safety Future Outlook and Potential Analysis
TOP MAJOR PLAYERS:
- Microsoft Corporation
- Dell Technologies Inc.
- Hitachi Ltd.
- IBM Corporation
- Cisco Systems Inc.,
- Oracle Corporation
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According to a new market research report "Public Safety and Security Market by Solution (Critical Communication Network, Biometric & Authentication System, Surveillance System, Emergency & Disaster Management, Cyber Security), Service, Vertical, and Region - Global Forecast to 2022", published by MarketsandMarkets™, the Public Safety and Security Market expected to grow from USD 277.02 Billion in 2017 to USD 532.39 Billion by 2022, at a Compound Annual Growth Rate (CAGR) of 14.0% during the forecast period.Browse in-depth TOC on "Public Safety and Security Market" 94- Tables 41- Figures 160- PagesDownload PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=1024The major forces driving the Public Safety and Security Market are smart city initiatives, growing trend of IoT, and rise in criminal activities and terrorist attacksMany local law enforcement and government agencies are adopting the advanced public safety and security solutions to minimize the risk and to secure the public and private sectors from terrorist attacks and natural calamities.
As the frequency of cross border terrorist attacks on enterprises is growing, the market is expected to gain traction over the next 5 years.Critical communication network solutions segment is estimated to hold the largest market share in the Public Safety and Security Market in 2017 Public and private organizations are adopting the critical communication network solutions for better mission-critical communications.
There has been a strong adoption of advanced security technologies in the government and law enforcement agencies in the recent years.
Countries in the region are rapidly digitizing and adopting smart solutions to make the business operations effective.
The threat landscape in APAC is expected to be increasing at an alarming rate, and so is the spending on public safety and security.Browse Full Report @ https://www.marketsandmarkets.com/Market-Reports/public-safety-security-market-1024.htmlMajor vendors in the Public Safety and Security Market include Cisco (US), Ericsson (Sweden), General Dynamics (US), Harris Corporation (US), Hexagon (Sweden), Huawei (China), IBM (US), Motorola Solutions (US), NEC Corporation (Japan), and Esri (US).About MarketsandMarkets™ MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues.
The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors.
According to the new market "Public safety and security Market by Component, Solution (Critical Communication Network, Biometric & Authentication System, Surveillance System, Emergency & Disaster Management, Cyber Security), Service, Vertical, and Region - Global Forecast to 2025", is projected to grow from USD 365.0 billion in 2020 to USD 516.5 billion by 2025, at a Compound Annual Growth Rate (CAGR) of 7.2% during the forecast period.
The rising number of terror attacks and increasing investment in public safety measures for smart cities to drive the market growth.Browse 431 market data Tables and 88 Figures spread through 432 Pages and in-depth TOC on "Public safety and security Market - Global Forecast to 2025"Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=1024By solution, the emergency and disaster management segment to register the highest growth rate during the forecast periodEmergency and disaster management solutions are used by government and private organizations to rescue the public from man-made or natural disasters, such as hurricanes, typhoons, earthquakes, cyclones, or tsunamis.
Therefore, detection service segment holds the highest growth rate during the forecast period.Based on vertical, the transportation system to grow at the highest CAGR during the forecast Period The transportation systems vertical includes airports, seaports, railways, and others (traffic management, parking management, and subways and tunnels management).
Concerns such as terrorist attacks, natural disasters, and accidents have increased the security challenges in terms of threat response and prevention.
The geographical presence, significant Research and Development (R) activities, partnerships, and acquisitions and mergers are the major factors for the deployment of Public safety and security and services.
The major vendors such as Cisco Systems, Esri, General Dynamics, Harris, Haystax Technology, IBM, Motorola Solutions, Rave Mobile Safety, and Verint Systems are headquartered in the US.Request Sample Pages: https://www.marketsandmarkets.com/requestsampleNew.asp?id=1024Market PlayersMajor vendors offering Public safety and security software include AGT International (Switzerland), Alcatel-Lucent Enterprise (France), Atos (France), BAE Systems (UK), Cisco Systems (US), Elbit Systems (Israel), Ericsson (Sweden), Esri (US), General Dynamics (US), Harris (US), Haystax Technology (US), Hexagon (Sweden), Honeywell (France), Huawei (China), IBM (US), IDEMIA (France), Motorola Solutions (US), NEC (Japan), NICE (Israel), Rave Mobile Safety (US), Siemens (Germany), Teltronic (Spain), Thales Group (France), Tyco (Johnson Controls) (Ireland), and Verint Systems (US).About MarketsandMarkets™MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues.
According to a new market research report "Public Safety and Security Market by Solution (Critical Communication Network, Biometric & Authentication System, Surveillance System, Emergency & Disaster Management, Cyber Security), Service, Vertical, and Region - Global Forecast to 2022", published by MarketsandMarkets™ , the Public Safety and Security Market expected to grow from USD 277.02 billion in 2017 to USD 532.39 billion by 2022, at a Compound Annual Growth Rate (CAGR) of 14.0% during the forecast period.
The major forces driving the public safety and security market are smart city initiatives, growing trend of IoT, and rise in criminal activities and terrorist attacksBrowse in-depth TOC on "Public Safety and Security Market” 94- Tables 41- Figures 160- PagesDownload PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=1024Many local law enforcement and government agencies are adopting the advanced public safety and security solutions to minimize the risk and to secure the public and private sectors from terrorist attacks and natural calamities.
As the frequency of cross border terrorist attacks on enterprises is growing, the market is expected to gain traction over the next 5 years.Critical communication network solutions segment is estimated to hold the largest market share in the public safety and security market in 2017Public and private organizations are adopting the critical communication network solutions for better mission-critical communications.
Due to increasing criminal activities and terrorist attacks, law enforcement and government agencies are adopting advanced public safety and security technologies.
The transportation system vertical is expected to grow at the highest CAGR in the public safety and security market during the forecast period.Speak to Research Expert @ https://www.marketsandmarkets.com/speaktoanalystNew.asp?id=1024APAC to grow at the highest CAGR in the market during the forecast periodThe primary forces driving the APAC market growth are increasing technology adoption, huge opportunities across critical Infrastructure sector, and increase in the number of startups in APAC countries, especially India.
The region has a large number of established SMEs, which are growing at an exponential rate to cater to their broad customer base.
