Monday, 29 April 2024
According to our latest study on “Public Safety Software Market Forecast to 2030 – Global and Regional Share, Trends, and Growth Opportunity Analysis – by Deployment Type, Solution Type, and End User,” the market size was valued at US$ 16.37 billion in 2022 and is expected to reach US$ 36.47 billion by 2030. The market is estimated to record a CAGR of 10.5% from 2022 to 2030.
The need for public safety solutions has significantly increased with digitization. The demand for public safety solutions such as scheduling solutions, court management solutions, and mobile police software has surged with a rise in the number of terrorist attacks, cyber security threats, and natural disasters. Various government and nonprofit organizations run campaigns, along with taking various other initiatives, to combat cybercrimes owing to the alarmingly high crime rates. According to data from the European Commission, ~206,800 sexual violence cases were reported in the EU in 2021, i.e., 17% more than the cases logged in 2020. An upsurge in the number of criminal cases reflects heightened concern about public security, which compels individuals and governments to invest in solutions such as public safety software that can help prevent crime incidents. Thus, the increasing adoption of state-of-the-art software solutions in law enforcement operations and rising investments in public safety are facilitating the public safety software market growth.
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Source: The Insight Partners Analysis
The rising number of crime incidents and natural disasters bolsters the public safety software market size. With evolving crime types and tactics, the need for new and sophisticated software solutions to address them also grows. Various software solutions are used in crime mapping. For example, the Maptitude tool provides an affordable means of detecting crime statistics and assessing law enforcement initiatives, thereby assisting in decision-making. With societies prioritizing enhanced safety, public safety software vendors engage in the development of advanced solutions that can ensure community well-being. Further, real-time crime centers and emergency communications centers/emergency operations centers are expected to bring new public safety software market trends in the coming years.
The public safety software market analysis has been carried out by considering the following segments: deployment type, solution type, and end user. Based on deployment type, the market is bifurcated into cloud and on-premises. Based on solution type, the market is segmented into computer-aided dispatch systems, mobile police software solutions, incident management solutions, court management solutions, jail management solutions, record management solutions, and others. The computer-aided dispatch system segment held the largest public safety software market share in 2022. Based on end user, the market is segmented into law enforcement agencies, courts, prosecutors, fire departments, and others.
The scope of the public safety software market report is primarily divided into North America (the US, Canada, and Mexico), Europe (Spain, the UK, Germany, France, Italy, and the Rest of Europe), Asia Pacific (South Korea, China, India, Japan, Australia, and the Rest of Asia Pacific), Middle East & Africa (South Africa, Saudi Arabia, the UAE, and the Rest of Middle East & Africa), and South & Central America (Brazil, Argentina, and the Rest of South & Central America). North America accounted for the largest public safety software market share in 2022. The market in this region is segmented into the US, Canada, and Mexico. The market in North America experiences strong and steady growth. A strong economy and government support result in a widescale adoption of high-tech products, hardware, software, and other components across several industries in the US. The market growth in North America is driven by factors such as increased demand for strategies for efficient crime prevention and reduction, demanding sophisticated solutions. A majority of safe city initiatives in North America are implemented in the US. The deployment of law enforcement software solutions as counterterrorism measures accounts for a significant share of the federal funding for these initiatives.
CENTRALSQUARE, Hexagon AB, Motorola Solutions Inc., Microsoft Corp, Tyler Technologies Inc., Zetron Inc., Omnigo Software LLC, ProPhoenix Inc, SmartCOP Inc, and Mark43 Inc are among the key players profiled in the public safety software market report. Contributions and market initiatives of the key players in North America, such as Hexagon AB and CENTRALSQUARE, are significantly impacting the public safety software market.
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