Public Safety Software Market

Public Safety Software Market Outlook

The global public safety software market reached a valuation of around US$ 7 Bn in 2020, and is slated to rise at a CAGR of 11% to top US$ 20 Bn by 2031. Demand for computer-aided dispatch solutions is set to increase at a CAGR of 9% across the assessment period of 2021 to 2031.

As per detailed industry analysis, by 2031, worldwide sales of public safety software will account for 2.1% share of the overall software market.

Public Safety Software Market Size in 2020	US$ 7 Bn
Sales Forecast for Public Safety Software through 2031	US$ 20 Bn
Global Market Growth Rate (2021 to 2031)	11% CAGR
Market Share of Top 5 Public Safety Software Providers	50%

Demand Analysis of Public Safety Software (2016 to 2020) Vs Market Outlook (2021 to 2031)

As per Fact.MR - a market research and competitive intelligence provider, the global public safety software market was valued at US$ 7 Bn in 2020.

With fast-paced digitization, requirement for public safety solutions has increased significantly in the past years. Increase in cyber security threats, terrorist attacks, and natural calamities have fueled sales of various public safety solutions such as mobile police software solutions, court management solutions, and scheduling solutions.

While technological advancements are favoring public safety and security software providers, growing inclination for cloud-based deployment is changing the market outlook around the globe.

Various campaigns and initiatives taken up by governmental and non-profit organizations to prevent cyber-crimes are propelling demand for cyber security systems.

All of these factors are expected to drive the public safety software market at 11% CAGR across 2021 to 2031.

How Will Development of Smart Cities Augur Well for Public Safety Software Manufacturers?

Administrators in many cities across the globe are focusing on the broader campaign to develop smart cities. In addition to giving a massive boost to infrastructure activities, the development of smart cities will also entail the adoption of public safety and security systems.

Public safety authorities will need to be on adapting to the challenges presented by a new system that is vulnerable to hacks and abuse.

The responsibility will be on public safety authorities to incorporate the right software and solutions to fully provide a safe and secure environment to citizens living in a smart city.

What are the Key Challenges Faced by Public Safety Solution Providers?

Public safety software solutions are being adopted widely across the world but installation, maintenance, and updating require expert knowledge and additional costs. Furthermore, a lack of operational knowledge can be disastrous for the safety and security of confidential information.

Further, there is still a lack of enough awareness among people regarding the need for public safety software solutions, which often works as a constraint for stakeholders in this industry.

However, with initiatives to spread awareness and efforts put in by manufacturers to produce more cost-effective public safety software solutions, these restraining factors are expected to get negated over the coming years.

Which Region is a Lucrative Market for Public Safety Software Suppliers?

North America will continue to reign supreme globally, through 2031. In addition, the North American regional market is projected to expand 1.3X by 2031.

The policy on public safety spending in North America continues to be influenced by geopolitical and domestic security issues. The growing threat of terrorism and spate of mass shootings in the region has sensitized policy makers to boost preparedness for dealing with mishaps and disasters.

Without a doubt, advances in different types of technology, including smartphones, CCTV cameras, computers, and sensors have led to a massive increase in data generation.

Growing demand for cloud-based deployment and rising use of public safety software solutions for large enterprises driving the public safety software solutions market growth in the region.

Country-wise Analysis

Why Does the United States Lead the Global Market for Public Safety Software?

The U.S. dominates the global market for public safety software in terms of revenue. The U.S. market is expected to increase 2.1X by 2031.

The United States is the leading country in the world’s largest public safety software industry - North America and is projected to dominate over the forecast period. Growing cases of cyber-crimes coupled with highly advanced public safety software solution providers are bolstering growth in the U.S.

According to a report titled “2019 Internet Crime Report”, published by the Internet Crime Complaints Center (IC3), in the U.S., IC3 received a total of 467,361 complaints with reported losses exceeding US$ 3.5 Bn.

Public safety software system providers are eyeing the U.S. to increase their sales footprint.

What’s Propelling Demand for Public Safety Software in China?

China, being at the forefront of the world’s fastest-growing public safety software industry – the Asia Pacific, is expected to witness impressive growth throughout the forecast period. Backed by highly developed software solution providers and well-developed key end-use industries, China is the hotspot in this space.

According to a report titled “China 2020 Crime & Safety Report”, published by the OSAC Government on 17th June 2020, the U.S. Department of State has assessed Shanghai as a low-threat location for crime, owing to high awareness and adoption of required safety measures.

Also, the Government of China has publicly declared that it regularly monitors private email and Internet browsing through cooperation with limited number of Internet Service Providers (ISPs) and wireless providers operating in China, along with adopting required public safety solutions.

Category-wise Insights

Why are Computer-aided Dispatch Solutions the Most Sought-after across Regions?

Computer-aided dispatch solutions are the leading solution, and sales of these solutions are expected to rise 2.5X over the next ten years. This solution type has a lot of advantages, such as -

• Efficiently interact with different prism’s software solutions
• Highly useful in prioritizing and recording incident calls
• Can identify the status and location of responders in the field

As a result, these solutions have high requirements across diverse end-use industries.

Why is Cloud-based Deployment Gaining Traction in Public Safety Software?

Cloud-based deployment of public safety software is leading in the market, followed by on-premise deployment, and is likely to remain in this position over the forecast period. Cloud-based has a lot of advantages over conventional deployment, such as -

• Reduced cost by utilizing the resources of cloud computing service providers
• Cloud infrastructure support environmental proactivity
• Capability of providing optimum safety and security

Which End User Segment is Expected to Lead Market Growth of Public Safety Software?

Currently, law enforcement agencies are the main end users of public safety software solutions. Demand for public safety software from law enforcement agencies is expected to increase by 2.8X over the forecast period.

Increase in cyber-attacks by terrorists, data stealing, and natural calamities have compelled law enforcement agencies to adopt stringent laws along with public safety software solutions. As a result, this segment is exhibiting hegemony in terms of end users in the law enforcement software market.

Other key end users fueling the sales of public safety software solutions are municipal police departments, courts, prosecutors, marshals & fire departments, and district attorneys.

COVID-19 Impact on Industry

Covid-19 has had a significant impact on the market for public security and safety. The Covid-19 outbreak has put a strain on healthcare and public safety systems.

Given the importance of first responders and public servants' jobs, being on the front lines of a historic public health crisis, such as the COVID-19 pandemic, drew a lot of attention to public safety.

The COVID-19 pandemic has provided challenges for public safety systems in terms of communication, infrastructure management, public health limitations enforcement, and changes in crime and service patterns.

Public safety software companies are concentrating their efforts on strategic collaborations, acquisitions, and product expansions that will help them increase their revenue share.

Several governmental agencies and law enforcement agencies around the world are collaborating to maintain public order and prevent the COVID-19 virus from spreading in the community.

Competitive Landscape

The global public safety software market is flourishing on the back of the present of top market players, making the competition even fiercer. To leverage new opportunities, key market players are diversifying their products.

For instance :

IBM Corporation launched its new Public Safety Cloud and AI-Driven Digital Policing Platform, a couple of years back.

Public Safety Software Industry Report Scope

Attribute	Details
Forecast Period	2021-2031
Historical Data Available for	2016-2020
Market Analysis	Value in US$ Mn
Key Regions Covered	North America Latin America Europe East Asia South Asia Oceania Middle East Africa
Key Countries Covered	U.S. Canada Mexico Brazil Mexico Argentina Germany Italy France U.K Nordic Spain Japan China India Malaysia Thailand Australia GCC Countries South Africa Turkey
Key Market Segments Covered	Solution Deployment End User Region
Key Companies Profiled	IBM Corporation Abbott Laboratories Wynyard Group IntelliChoice Inc. Tyler Technologies, Inc. SysTools Software Pvt Limited PTS Solutions, Inc. Saltus Technologies
Pricing	Available upon Request

Key Segments Covered in Public Safety Software Industry Research

• Public Safety Software Market by Solution :

  • Computer-aided Dispatch Solutions
  • Jail Management Solutions
  • Incident Management Solutions
  • Mobile Police Software Solutions
  • Court Management Solutions
  • Reporting Solutions
  • Record Management Solutions
  • Scheduling Solutions
  • Permit and License Administration Solutions
  • Other Solutions

• Public Safety Software Market by Deployment :

  • On-premise Public Safety Software
  • Cloud-based Public Safety Software

• Public Safety Software Market by End User :

  • Law Enforcement Agencies
  • Municipal Police Departments
  • Courts
  • Prosecutors
  • Marshals and Fire Departments
  • District Attorneys
  • Others

• Public Safety Software Market by Region :

  • North America Public Safety Software Market
  • Latin America Public Safety Software Market
  • Europe Public Safety Software Market
  • East Asia Public Safety Software Market
  • South Asia Public Safety Software Market
  • Oceania Public Safety Software Market
  • Middle East Africa Public Safety Software Market