Global Public Safety Solution for Smart City Market By Solution (Biometric Security and Authentication Systems, Critical Communication Network, Backup and Recovery System, Surveillance System, Disaster and Emergency Management, and Other Solutions), By Application (Public Transportation Security, Disaster Management, Medical Emergency Service, Law Enforcement, and Other Application), By Region and Companies - Industry Segment Outlook, Market Assessment, Competition Scenario, Trends, and Forecast 2023-2032

Report Overview

The Global Public Safety Solution for Smart City Market is projected to reach a valuation of USD 1,678.3 Billion by 2032 from USD 558.5 Billion in 2023, growing at a CAGR of 13.4 %.

Public safety solution is one of the emerging technology trends for smart cities. Public safety solutions turn data collected from multiple sources into a single centralized entity. This allows for an immediate and accurate response to emergencies and prevents city accidents. The combination of government and voluntary public safety resources can significantly improve the accuracy of response efforts in the future. This is a key factor in the growth of public safety in smart cities worldwide. The continued development of public safety solutions in smart cities critically depends on the expanding acceptance of cloud-based technology.

Note: Actual Numbers Might Vary In The Final Report

Rapid urbanization and the world’s increasing interconnectedness through globalization have significantly contributed to the expansion of the market. The growth of industries and the consequent rise in employment opportunities in urban areas have fueled the need for effective public safety measures in recent times. Additionally, the rising interest in adopting Internet of Things (IoT) technologies has spurred advancements in specialized services catering to public safety solutions in smart city contexts. The escalating demand for such solutions in recent years has played a constructive role in driving the market’s overall growth.

Key Takeaways

• Market Growth Projection: The Public Safety Solution for Smart City Market is anticipated to attain a CAGR of 13.4% and reach a valuation of USD 1678.3 Billion by 2032, showing significant growth from USD 92.5 Billion in 2022.
• Significance of Public Safety Solutions: Smart cities are increasingly adopting public safety solutions to centralize data from various sources, enabling swift and accurate emergency responses and accident prevention.
• Driving Factors: The market growth is driven by factors such as rapid urbanization, the expanding acceptance of cloud-based technology, and the rising interest in adopting Internet of Things (IoT) technologies.
• Solution Analysis: Disaster and Emergency Management is the leading segment, accounting for 32% of the revenue share in 2022, emphasizing the importance of effectively addressing and managing emergencies.
• Application Analysis: Public Transportation Security holds the largest market share of 30% in 2022, followed by Disaster Management, which is expected to be the fastest-growing segment.
• Technological Advancements: The integration of IoT and AI technologies is transforming smart city infrastructure, allowing for the development and deployment of sophisticated public safety solutions.
• Challenges: The setup and maintenance costs of public safety and security systems can be expensive, accounting for around 40% of the total cost of ownership (TCO), thus posing a significant challenge.
• Opportunity: The rise of Big Data Analytics in Public Safety and Security presents an opportunity for generating actionable insights to safeguard critical infrastructure and improve crime response times.
• Regional Dominance: North America holds the maximum market share at 34.8%, while the Asia-Pacific region is poised for significant expansion, driven by the increasing necessity to shield businesses from risks and the growing acceptance of public safety and security measures.
• Market Players: Key market players driving the industry’s progression include Harris Corporation, IBM Corporation, Cisco Systems Inc, Schneider Electric SE, Honeywell International Inc, NEC Corporation, and others.

Solution Analysis

Disaster and Emergency Management leading the segment

Based on solutions, the market is segmented into biometric security and authentication systems, critical communication networks, backup and recovery systems, surveillance systems, disaster and emergency management, and other solutions. Among these, disaster and emergency management held the majority of revenue share of 32% in 2022. Effectively addressing disasters and emergencies is a crucial aspect of ensuring the safety and security of the general public.

The principles of managing emergencies and handling disasters are applicable across a wide spectrum of situations, encompassing both natural occurrences like hurricanes, earthquakes, and wildfires, as well as human-made incidents like acts of terrorism, industrial accidents, and pandemics. The application of emergency management and disaster response strategies plays a pivotal role in minimizing the impact of these occurrences and safeguarding lives and property from harm.

The significance of emergency management and rapid response becomes evident due to the unpredictability of emergencies, which can transpire at any given moment, necessitating swift and decisive action. By implementing well-structured plans for emergency management and response, teams can act promptly and efficiently, curbing the escalation of crises. The merits of proficiently executed disaster and emergency management strategies contribute to the growth of this sector.

Likewise, surveillance systems are anticipated to experience substantial growth throughout the projected timeframe. Various monitoring systems are in place to observe behaviors and activities aimed at collecting, regulating, overseeing, or guiding data. The domain of surveillance services encompasses deploying equipment such as CCTV cameras, sensors, digital video cameras, honeypots, and other related tools. CCTV cameras are primarily utilized within urban law enforcement agencies and transportation services.

Application Analysis

The Public Transportation Security Application Leads the Market 

Based on Application, the market is further divided into public transportation security, disaster management, medical emergency service, law enforcement, and other applications. Among these, public transportation security accounted for the largest market share of 30% in 2022.  Public transport security refers to actions taken by the mass transit system to secure its passengers and staff, protect the carrier’s equipment, and prevent other violations.

This includes enforcing various laws and regulations, conducting human and video monitoring, deploying a transit police unit, and other methods. Many smart cities are leveraging technology to enhance their public transport infrastructure. The aim is to reduce reliance on private cars to decrease emissions, pollution, and congestion, enhance public spaces, and increase convenience for citizens.

Cities are using information systems that collect information about traffic, vehicles, and different modes of transport. This allows cities to make public transport more accessible and cost-effective, attracting more people, especially younger generations, to use public transport. These are major factors driving the segment’s growth during the projection period.

Moreover, disaster management is expected to be the fastest-growing segment during the projection period. With the disaster management application, infrastructure service levels can be restored quickly after a disaster while maintaining the coverage of risk assessment, risk prevention, risk detection, response, and consequence mitigation.

The application is unique and has practical implications by providing a Decision Support System (DSS) that manages the infrastructure that supports the city’s disaster management (DMS) system and enables the city to prepare, adapt and absorb, respond, and recover after a disaster by leveraging the interconnectivity of its critical infrastructure to enhance overall resilience capacity.

Note: Actual Numbers Might Vary In The Final Report

Drivers

Technological advancements to develop and deploy sophisticated public safety solutions

As the global population continues its upward trajectory and urbanization persists, the absence of intelligent technologies can pose challenges for cities to provide residents with comfortable, secure, and sustainable living environments. The Internet of Things abbreviated as IoT, encompasses a suite of technologies that establish connections between physical objects using electronics, sensors, software, and communication networks. This interconnected framework contributes to the creation of smart cities. Through the integration of IoT, smart city infrastructure has undergone a transformative shift, introducing a diverse range of technologies that enhance sustainability, amplify productivity, and elevate the quality of life for urban citizens. With the incorporation of AI to analyze vast volumes of data generated by IoT devices, novel avenues emerge for envisioning and managing cutting-edge smart city layouts. The presence of advanced technologies propels the expansion of the market.

Restraints

Public safety and security systems can be expensive to set up and maintain

Governments across the globe place significant emphasis on upholding the safety and security of their populations. Public safety and security systems encompass various hardware components and software solutions. Governments allocate substantial financial resources toward essential communication networks (CNCs), biometric systems (BMS), surveillance operations, scanning, and screening technologies, as well as disaster and emergency management (EDM) systems.

According to the F5 State of Application Delivery (SAD) Survey conducted in 2020, limited security budgets (38%) rank among the foremost challenges in global public safety. Ensuring effective and consistent upkeep of public safety and security solutions ensures unwavering reliability. The expenses incurred for maintaining these public security solutions constitute roughly 40% of the total cost of ownership (TCO). Government institutions and law enforcement agencies put in concerted efforts to safeguard the safety, welfare, and overall quality of life of the public. Establishing and sustaining top-tier public security facilities comes with a substantial financial commitment. These issues are likely to restrain market growth during the projection period.

Opportunity

The Rise of Big Data Analytics in Public Safety and Security 

As technological innovation accelerates, connected devices generate vast amounts of data that can be used to generate actionable insights to safeguard critical infrastructure from attack. Data analytics refers to analyzing historical data to generate valuable insights. Big data analytics involves the analysis of vast amounts of data, whether structured or non-structured, generated by various security devices.

Data generated from these devices is initially cleaned and managed to facilitate the recognition of patterns and the identification of anomalies; this can assist public safety organizations and security officers in identifying the perpetrator of a crime and prevent future criminal activity. Modern big data analytics tools are now integrated with various CCTV surveillance systems to enhance crime response times. 

Trends

The rise of AI and IoT

One of the significant trends in public safety solutions for smart cities involves the utilization of predictive analytics and AI-driven insights. By analyzing data collected from various sources such as surveillance cameras, sensors, social media, and historical crime data, AI algorithms can identify patterns and predict potential safety threats. This enables authorities to allocate resources proactively, dispatch personnel, and take preventive measures to address emerging issues. IoT sensors can monitor traffic conditions in real time, detect accidents, and identify Traffic jams. This information can be used to optimize traffic flow and improve safety.

Key Market Segments

By Solution

• Biometric Security and Authentication Systems
• Critical Communication Network
• Backup and Recovery System
• Surveillance System
• Disaster and Emergency Management
• Other Solution

By Application

• Public Transportation Security
• Disaster Management
• Medical Emergency Service
• Law Enforcement
• Other Application

Regional Analysis

North America Dominates The Regional Market With A Maximum Market Share.

With the largest market share at 34.8%, North America is at the forefront of market influence during the projection period. The region is currently experiencing notable growth due to the swift integration of Public Safety and Security solutions across diverse applications, the prevalence of related companies, a stable economic environment, and the accelerated embrace of emerging technologies.

The elevated level of research and development in public safety and security, combined with governmental efforts to enhance public safety measures alongside the expansion of Defense Infrastructure, significantly contribute to the heightened adoption of Public Safety and Security solutions in North America.

The Asia-Pacific region is poised for remarkable expansion during the projected time period. This growth is driven by the increasing necessity to shield businesses from risks, the heightened focus within the industry on pioneering progress in public safety and security, and the expanding acceptance of public safety and security measures across a diverse array of global sectors.

Note: Actual Numbers Might Vary In The Final Report

Key Regions and Countries Covered in this Report:

• North America
  • The US
  • Canada
• Europe
  • Germany
  • France
  • The UK
  • Spain
  • Italy
  • Russia
  • Netherlands
  • Rest of Europe
• APAC
  • China
  • Japan
  • South Korea
  • India
  • Australia
  • New Zealand
  • Singapore
  • Thailand
  • Vietnam
  • Rest of APAC
• Latin America
  • Brazil
  • Mexico
  • Rest of Latin America
• Middle East & Africa
  • South Africa
  • Saudi Arabia
  • UAE
  • Rest of MEA

Market Share and Key Players Analysis

Strong focus on developing new strategies

Within this industry, key market leaders are employing diverse tactics, including forming partnerships, introducing new products, fostering collaborations, investing in expanding their range of offerings, engaging in mergers and acquisitions, and more. The market’s progression is attributed to a growing requirement for high-quality safety solutions across various end-use sectors.

The market demonstrates consolidation, with significant revenue shared among major players throughout the projected period. Industry participants provide specialized products for distinct applications and product categories. The anticipation is that an upsurge in demand, the launch of novel products, strategic mergers, acquisitions, and focused research and development initiatives will propel market expansion in the forecasted duration. 

Market Key Players

The market is moderately competitive and fragmented. The main parameter supporting the market’s growth is the growing demands and application of technology and its developments. The developed cities with modern technology developments are utilizing IoT platforms. It assists them in maintaining and supervising infrastructural advancements such as traffic, parking, air, water, and other similar utilities.

The following are some of the major players in the industry

• Harris Corporation
• IBM Corporation
• Cisco Systems Inc
• Schneider Electric SE
• Honeywell International Inc
• NEC Corporation
• Thales Corporation
• Northrop German Corporations
• Motorola Solutions Inc.
• ABB Limited
• Ericsson Inc.
• Emerson Electric Co
• Other Key Players

Recent Development

• March 2022: Huawei has introduced a novel public safety solution called “Huawei Safe City.” This innovative approach incorporates diverse technologies like IoT, AI, and 5G to enhance public safety on multiple fronts. It involves tasks such as crowd monitoring, identification of questionable behavior, and prompt responses to urgent situations.
• February 2022: Cisco recently unveiled an innovative augmented reality (AR) platform for public safety training. This platform harnesses AR technology to superimpose digital data onto the physical environment, offering a valuable tool for first responders to enhance their emergency training.

Report Scope