Asia-Pacific Public Safety Market Size (2024 - 2029)

Asia-Pacific Public Safety Market Analysis

The Asia-Pacific Public Safety Market size is estimated at USD 102.22 billion in 2024, and is expected to reach USD 155.69 billion by 2029, growing at a CAGR of 8.70% during the forecast period (2024-2029).

Public safety is safeguarding the general public's well-being and security, which is typically a governmental responsibility. Usually, countries have public safety institutions/organizations whose primary objective is to protect the public from potential threats to safety, such as criminal activity or catastrophic events. This is accomplished through cooperation with private organizations to provide technology and other assistance.

Asia-Pacific is anticipated to remain among the major markets for public safety solutions due to several factors. For instance, the growing implementation of smart city projects across different countries is stimulating the need for public safety and security. Smart cities leverage various data sources, including cameras, IoT devices, and sensors, to collect and analyze real-time information. This data provides valuable insights to enable timely monitoring and response to incidents. For instance, in July 2023, the Ministry of Housing and Urban Affairs, India (MoHUA) reported that 100 smart cities issued work orders for 7,978 projects. Of these, 5,909 projects had been completed, accounting for 74% of the total smart cities, utilizing about 90% of the allocated funds.

The occurrence of pandemics has highlighted the necessity of public safety measures to safeguard public health and guarantee the availability of medical care. In 2023, the WHO (World Health Organization) reported that China had an average of 2,18,019 new COVID-19 cases per week. As public safety solutions help improve medical record management, investigations, and critical infrastructure of the healthcare industry, the growing investments in developing digital infrastructure for the medical industry, especially in the aftermath of the pandemic, will drive their adoption.

Rising crime rates across various countries of Asia-Pacific also favor the demand for public safety systems as the uptake of advanced digital solutions among law enforcement agencies continues to grow. For instance, the rate of cybercrimes and cases of digital asset theft has increased significantly in the region, forcing law and crime investigation agencies to invest in advanced solutions to ensure the safety of public records.

However, factors such as lower awareness about the benefits of public safety solutions, the substantial cost of developing the supporting infrastructure, and a lack of skilled workforce remain among the significant challenges to the market's growth in Asia-Pacific.

The pandemic outbreak significantly impacted industrial activities in Asia-Pacific due to supply chain disruptions and lockdown restrictions. Despite the number of positive cases becoming negligible, the demand for health monitoring and screening solutions continues to thrive as organizations and public places implement measures to identify and address potential health risks. Hence, the growing uptake of digital solutions in the medical industry will continue supporting the market's growth post-COVID-19.

Asia-Pacific Public Safety Industry Segmentation

Public safety is a central public policy issue for governments and large institutions responsible for large gatherings of people. Protecting citizens from terrorism, trafficking, natural and industrial disasters, detention, civil disobedience, and rebellion are a few of the crimes or threats jeopardizing their safety. The study comprehensively analyzes key trends and growth dynamics of the public safety market in Asia-Pacific. Market numbers are derived by accruing major vendors' sales of public safety solutions in Asia-Pacific.

The Asia-Pacific public safety market is segmented by component (software (location management, record management, investigation management, crime analysis, criminal intelligence, and other software), services), mode of deployment (on-premise, cloud), end-user industry (medical, transportation, law enforcement, firefighting, and other end-user industries), and country (China, Japan, India, and Rest of Asia-Pacific). The market sizes and forecasts are provided in terms of value (USD) for all the above segments.