Public Safety And Security Market

Public Safety And Security Market

According to a research report “

Public Safety and Security Market

By Component, and solutions includes the following

*Critical Communication Network,
*Biometric & Authentication System, *Surveillance System, *Emergency & Disaster Management,
*Cyber Security),

Service,
Global Public Safety and Security market size0 is expected to be USD 707.2 billion by 2027, at a Compound Annual Growth Rate (CAGR) of 10.3% from 2022 to 2027.

Public Safety and Security Market –

Global Forecast for 2027″
Factors such as Rising instances of terrorist activity and security, Need for security training and awareness, Increasing law enforcement requirements for public safety amid COVID-19 to boost the growth of Public Safety and Security markets across the globe during the forecast period. Moreover, the growing trend of IoT in public safety will also help the vendor to boost the public safety and security market.

Some of the prominent key players are:
Motorola Solutions (US)
IBM (US)
NEC (Japan)
Siemens (Germany)
Thales (France)
Ericsson (Sweden)
services segment to grow at a higher (CAGR) during the forecast period

The component segment of the public safety and security market includes the solutions and services required to safeguard the public and public infrastructure. Service providers offer these components to end users as a combined package of solutions, associated services or individually.

The public safety services sector constantly looks for new and better ways to protect cities, infrastructure, businesses, and citizens. The public safety and security market has been segmented into managed services and professional services based on services.

The managed services segment has been further segmented into Managed Security Services (MSS) and managed network services. The professional services segment has been segmented into design and consulting, installation and integration, support and maintenance, and training and education.

West African countries are highly concerned about increasing security spending due to the ever-growing threat landscape.

Nigeria needs to have updated or launched new national cybersecurity policies to deal with increasingly sophisticated threats. Organizations in Nigeria are expected to spend large amounts of money to deal with cybersecurity breaches. The growing terrorist attacks and cyberattacks in the region have caused huge damage,

Nigeria must adopt the best-in-class public safety and security systems.

The Federal Government has appointed a National Counterterrorism Adviser to work under the current NSA-Ribadu

Nigeria needs to make sound security policies stricter and set up surveillance and perimeter security systems and solutions across our borders.

The Federal Republic of Nigeria is witnessing a surge in smart city projects, creating greater demand for public safety and security technologies such as surveillance systems, scanning and screening systems, and critical communication networks.
The Federal Government must focus on infrastructure development and enhancing security systems at airports, major federal roads, States major cities and towns and villages, with an emphasis on these critical facilities ports and refineries.in the State and Federal capital