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Public Safety and Security Market Booms as Governments Prioritize Critical Infrastructure Protection
(MENAFN- P&S Intelligence) According to the latest market research study published by P&S Intelligence, the global public safety and security market was valued at USD 517.6 billion in 2024 and is projected to reach USD 1,214.2 billion by 2032, representing a robust CAGR of 11.4% during 2025–2032. This growth is largely being driven by rapid technological advancements — particularly adoption of AI and IoT — that are enabling smarter city infrastructure, enhanced surveillance capabilities, and faster emergency response systems. Rising crime rates, catastrophic accidents, and the persistent threat of terrorism have escalated the need for reliable public safety and security solutions globally, prompting increased investments from both governments and private organizations.
Simultaneously, favorable regulatory changes, growing public awareness about the need for security, and increased funding for public-safety infrastructure are reinforcing market expansion.
Key Insights
•The market remains fragmented, reflecting a wide variety of stakeholders — from large global vendors to regionally specialized firms — offering diverse security solutions tailored to different sectors and geographies.
•In 2024, “Solutions” (technology-based offerings like surveillance, analytics, and security systems) represented approximately 60% of the total market share, making them the largest component.
•The “Services” segment is forecast to grow at a CAGR of about 12% through 2032. This reflects a growing trend of organizations outsourcing security operations to expert providers — leveraging their specialist skills, access to advanced technologies, and operational efficiencies.
•Among applications, “Homeland Security” was the largest — with around 45% revenue share in 2024 — driven by significant investments and innovations worldwide in national security, emergency preparedness, and defense modernization.
•“Critical Infrastructure Security” is identified as the fastest-growing application category, expected to grow at a CAGR of 13.5% during the forecast period. As physical and cyber vulnerabilities in interconnected infrastructure increase, demand for robust protection solutions continues to surge.
•Regarding deployment mode, on-premises solutions dominated in 2024 — holding around 65% share — due to their appeal for operations requiring high data security, regulatory compliance, and low latency.
•Meanwhile, cloud-based deployment is poised for rapid growth (projected CAGR of 15%), driven by benefits like scalability, flexibility, real-time monitoring and easier updates — making them attractive for organizations seeking to modernize security infrastructure with minimal onsite footprint.
•On a geographic level, North America remained the largest regional market in 2024, underpinned by strong regulatory frameworks, high vendor presence, high internet penetration and widespread adoption of security solutions across both public and private sectors.
•Meanwhile, the Asia-Pacific (APAC) region is projected to be the fastest-growing region, with rising adoption of advanced surveillance systems, increasing mobile internet users, and large-scale governmental initiatives for public safety fueling demand.
•The market’s competitive landscape includes a mix of large multinational corporations and specialized regional players. Key providers named in the report include Cisco Systems Inc., Honeywell International Inc., Motorola Solutions Inc., IBM Corporation, NEC Corporation, Siemens AG, Thales S.A., Huawei Technologies Co. Ltd., Hexagon AB, L3Harris Technologies Inc., Esri and Axon Enterprise Inc.
•Growing global collaboration and cross-border cooperation on security — including counterterrorism, critical infrastructure protection, and disaster response — is driving innovation toward integrated, multi-jurisdictional public safety solutions.
Simultaneously, favorable regulatory changes, growing public awareness about the need for security, and increased funding for public-safety infrastructure are reinforcing market expansion.
Key Insights
•The market remains fragmented, reflecting a wide variety of stakeholders — from large global vendors to regionally specialized firms — offering diverse security solutions tailored to different sectors and geographies.
•In 2024, “Solutions” (technology-based offerings like surveillance, analytics, and security systems) represented approximately 60% of the total market share, making them the largest component.
•The “Services” segment is forecast to grow at a CAGR of about 12% through 2032. This reflects a growing trend of organizations outsourcing security operations to expert providers — leveraging their specialist skills, access to advanced technologies, and operational efficiencies.
•Among applications, “Homeland Security” was the largest — with around 45% revenue share in 2024 — driven by significant investments and innovations worldwide in national security, emergency preparedness, and defense modernization.
•“Critical Infrastructure Security” is identified as the fastest-growing application category, expected to grow at a CAGR of 13.5% during the forecast period. As physical and cyber vulnerabilities in interconnected infrastructure increase, demand for robust protection solutions continues to surge.
•Regarding deployment mode, on-premises solutions dominated in 2024 — holding around 65% share — due to their appeal for operations requiring high data security, regulatory compliance, and low latency.
•Meanwhile, cloud-based deployment is poised for rapid growth (projected CAGR of 15%), driven by benefits like scalability, flexibility, real-time monitoring and easier updates — making them attractive for organizations seeking to modernize security infrastructure with minimal onsite footprint.
•On a geographic level, North America remained the largest regional market in 2024, underpinned by strong regulatory frameworks, high vendor presence, high internet penetration and widespread adoption of security solutions across both public and private sectors.
•Meanwhile, the Asia-Pacific (APAC) region is projected to be the fastest-growing region, with rising adoption of advanced surveillance systems, increasing mobile internet users, and large-scale governmental initiatives for public safety fueling demand.
•The market’s competitive landscape includes a mix of large multinational corporations and specialized regional players. Key providers named in the report include Cisco Systems Inc., Honeywell International Inc., Motorola Solutions Inc., IBM Corporation, NEC Corporation, Siemens AG, Thales S.A., Huawei Technologies Co. Ltd., Hexagon AB, L3Harris Technologies Inc., Esri and Axon Enterprise Inc.
•Growing global collaboration and cross-border cooperation on security — including counterterrorism, critical infrastructure protection, and disaster response — is driving innovation toward integrated, multi-jurisdictional public safety solutions.
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