PUBLIC SAFETY ANALYTICS MARKET SIZE AND SHARE ANALYSIS - GROWTH TRENDS AND FORECASTS (2023 - 2030)

The global Public Safety Analytics market size was valued at US$ 5.26 billion in 2023 and is expected to reach US$ 15.59 billion by 2030, grow at a compound annual growth rate (CAGR) of 16.8% from 2023 to 2030. Public safety analytics refers to solutions that enable real-time analysis of data from various public safety operations to derive actionable insights. It leverages technologies such as AI, ML, data analytics, IoT, etc. Public safety analytics enhances situational awareness, crime pattern detection, resource allocation, predictive policing, and crowd management. The key drivers of the market include rising adoption of IoT devices, need for advanced surveillance systems, government initiatives, and demand for crime prevention.

The Public Safety Analytics Market is segmented by component, analytics type, application, deployment mode, industry vertical and region. By component, the market is segmented into solutions and services. The solutions segment accounted for the largest market share in 2022. Public safety analytics solutions offer various capabilities such as pattern recognition, crime analysis, location-based tracking, facial recognition, and crowd monitoring. The high adoption of packaged analytical solutions is driving this segment's growth.

Public Safety Analytics Market Regional Insights

• North America is expected to be the largest market for Public Safety Analytics Market during the forecast period, accounting for over 38% of the market share in 2022. The growth of the market in North America is attributed to early adoption of analytics, presence of leading vendors, and investments in smart city and safe city projects.
• The Europe market is expected to be the second-largest market for Public Safety Analytics Market, accounting for over 29% of the market share in 2022. The growth of the market in is attributed to stringent regulations around public safety and growth of IoT.
• The Asia Pacific market is expected to be the fastest-growing market for Public Safety Analytics Market, with a share of over 16% during the forecast period. The growth of the market in Asia Pacific is attributed to increasing smart city initiatives and government investments in surveillance infrastructure.

Figure 1. Global Public Safety Analytics Market Share (%), by Region, 2023

Public Safety Analytics Market Drivers:

• Increasing adoption of IoT and connected devices: The rapid proliferation of Internet of Things (IoT) devices and sensors is a major driver for the public safety analytics market. IoT devices such as surveillance cameras, gunshot detectors, and environmental sensors generate massive volumes of data that can be analyzed to derive actionable insights. Law enforcement agencies are increasingly deploying IoT platforms to aggregate data from diverse sources. For instance, Los Angeles Police Department uses Microsoft Azure to collect real-time data from IoT sensors across the city. IoT enhances situational awareness and enables proactive incident response through real-time monitoring and analytics.
• Government initiatives and investments in smart city projects: Governments worldwide are undertaking smart city initiatives to deploy advanced ICT infrastructure for public safety and security. These projects involve implementation of analytics solutions for traffic management, crowd control, crime prevention, emergency response etc. For example, the Indian government has launched the Safe City project across 8 major cities with an investment of $778.9 million. Such government investments are fostering the adoption of public safety analytics solutions.
• Integration of advanced technologies like AI and ML: The integration of emerging technologies like artificial intelligence (AI), machine learning (ML) and data science techniques in public safety analytics solutions is enhancing predictive capabilities. AI algorithms can efficiently analyze massive amounts of structured and unstructured data to generate actionable insights. ML improves decision-making by enabling predictive policing through pattern recognition and forecasting models. For instance, PredPol software leverages ML to forecast crime hotspots.
• Growing need for crowd management and control: With increasing social unrest and terror activities,   public safety agencies are adopting analytics solutions for efficient crowd management and control. Video analytics combined with AI can track crowd size, detect irregular crowd behavior and send real-time alerts. Similarly, the use of predictive analytics helps law enforcement to effectively plan operations for large public gatherings and events. The growing requirement for crowd surveillance and analytics is propelling market growth.

Public Safety Analytics Market Opportunities:

• Adoption for road safety and traffic management: Public safety analytics solutions offer significant potential to improve road safety and traffic monitoring. IoT devices combined with predictive analytics can enable intelligent transportation systems. Analytics capabilities such as traffic pattern analysis, vehicle tracking and driver behavior monitoring can significantly reduce road accidents and fatalities. Governments are increasingly investing in such smart transportation platforms integrated with analytics.
• Public-private partnerships for smart city development: Public-private partnerships provide an opportunity to advance smart city projects with public safety analytics implementation. Collaboration between government agencies and private technology companies allows access to advanced solutions for law enforcement. For instance, Cisco partnered with the city of Pune, India to deploy smart city technology including improved surveillance and safety infrastructure.
• Analytics applications for crowd management and control: Public safety agencies are increasingly adopting analytics solutions specifically for crowd management and control operations. AI-enabled video analytics provides powerful capabilities to estimate crowd size, detect anomalies, and improve situational awareness in mass gatherings. Prescriptive analytics can enable data-based decision making for effective crowd management. Targeted development of such niche analytics solutions presents significant growth opportunities.
• Emergence of smart transportation platforms: The emergence of smart transportation ecosystems integrated with analytics creates new market opportunities. IoT deployment combined with AI algorithms can transform road safety and traffic monitoring. Analytics use cases such as intelligent traffic signal control, real-time driver alerts, and accident risk prediction can significantly improve road safety outcomes. Traffic management authorities are expected to invest heavily in building such smart transportation platforms.

Public Safety Analytics Market Trends:

• Cloud-based deployment: The public safety analytics solutions are increasingly being deployed through cloud-based models rather than traditional on-premise systems. Cloud-based solutions offer advantages such as lower deployment costs, scalability, and accessibility. Leading companies like Microsoft Azure, AWS, and Google Cloud offer robust cloud platforms tailored for public safety analytics. According to LexisNexis, over 50% of law enforcement agencies leverage cloud-based analytics solutions.
• Emphasis on real-time data analytics: Public safety agencies are shifting focus from historical analytics to real-time data analytics to drive timely action. Real-time streaming analytics enables monitoring events as they occur to quickly respond to dynamic situations. Solutions powered by AI and ML can instantly analyze real-time video feeds, social media channels, emergency calls etc. to provide tactical insights. Real-time data analytics enhances situational awareness and incident response efficiency.
• Integration with identity and access management: Public safety analytics solutions are being integrated with identity and access management (IAM) systems for improved security and data access control. IAM capabilities such as multi-factor authentication, role-based access, and encryption allow selective data access for different user profiles. IAM also enables auditing to track user activities. Data security and privacy concerns regarding public safety systems are driving the adoption of IAM.
• Convergence of IT and OT systems: Convergence of information technology (IT) and operational technology (OT) systems is an emerging trend to enable better public safety analytics. IT-OT integration allows aggregation of data from diverse sources ranging from community CCTV feeds to police dispatch systems on a single analytics platform for a unified view. A consolidated system removes data silos and provides comprehensive insights to enhance decision-making.

Public Safety Analytics Market Restraints:

• High deployment costs: The deployment of comprehensive public safety analytics solutions requires significant upfront investments in hardware, software, integration and labor. Costs are further increased by the need for regular system upgrades to keep pace with evolving technologies. Many small law enforcement agencies have limited budgets and may find such solutions financially prohibitive. High costs especially hinder adoption in developing regions.
• Data security and privacy concerns: Public safety operations generate enormous amounts of sensitive citizen data. Concerns regarding data security, surveillance overreach and ethics limit the adoption of analytics. Developing robust cybersecurity, access control and data governance strategies to address these concerns incurs further expenses for agencies. Data regulations also necessitate customized system development to ensure compliance.
• Integration and interoperability issues: Integrating analytics solutions with existing legacy systems poses challenges due to technical complexity and lack of standardization. This inhibits data aggregation from disparate systems deployed across agencies. Interoperability issues also arise when systems are procured from multiple vendors. Seamless integration is essential to maximize operational efficiency and return on investment.

Recent Developments

New product launches

• In September 2022, Motorola Solutions launched its Avigilon Control Center 7.6 video management software with AI-based analytics for accurate real-time alerts. This enhances surveillance capabilities for public safety agencies.
• In June 2021, Hexagon launched its HxGN OnCall Dispatch software solution to optimize resource allocation and incident management for public safety agencies. It provides intelligent dispatch capabilities.
• In May 2020, NEC Corporation launched its facial recognition system for law enforcement called NeoFace Watch Integrated Solution. It offers real-time face matching to identify persons of interest.

Acquisition and partnerships

• In March 2022, Motorola acquired VaaS International Holdings, a video security and analytics provider, to strengthen its command center software platform.
• In January 2021, Verint acquired Panintelligence, an open-source threat detection provider, to enhance threat detection capabilities of its public safety solution.
• In November 2019, Hexagon acquired incident management software provider Luciad to strengthen its public safety and security solutions.

Figure 2. Global Public Safety Analytics Market Share (%), by User Type, 2023

Top companies in Public Safety Analytics Market

• IBM
• Cisco
• NEC
• Hexagon
• ESRI
• NICE Systems
• Haystax Technology
• Splunk
• Verint Systems
• Hitachi Vantara
• Motorola Solutions
• Genetec
• Palantir Technologies
• Tyler Technologies
• Numerica Corporation
• Cyrun
• Increased Safety
• Qognify
• Cody Systems
• ShotSpotter

Definition: The Public Safety Analytics Market refers to the solutions leveraged by law enforcement and public safety agencies to derive data-driven insights from vast amounts of structured and unstructured data collected through various sources including CCTV cameras, body-worn cameras, sensors, computer-aided dispatch, record management systems etc.

Few other promising reports in Smart Technologies Industry

Wireless Broadband in Public Safety Market

North America Public Safety Wireless Communication Market

Public Cloud Market

Backbone Network Services Market