Public Safety Solution for Smart City Market
                     Market Highlights 
Market Research Future (MRFR) reveals, the global market of public safety solutions for smart 
cities is expected to garner a lucrative CAGR over the forecast period and attain a valuation of USD 
299 billion by 2023. 
Market Insights 
The fourth revolution has resulted in rapid globalization, which has created extensive job 
opportunities. As a result, an upsurge in urban migration has been observed. Hence, urbanization 
and increase in industrial activities are major factors that are observed to underpin the expansion 
of the global public safety solution for smart city market.  
The rise in the demand for Internet of Things, artificial intelligence, and other technologies, and 
their active adoption across different verticals is enabling enterprises to deliver better professional 
safety solutions for the safety of the public in smart cities.  
Public safety solutions are deployed for public transportation, disaster management, critical 
infrastructure security, and medical emergency services. In addition, transit agencies are also 
making a deliberate effort to incorporate IoT in the transportation security models, in order to 
simplify metro cities conveyance.  These factors are anticipated to strengthen the base for the 
global market of public safety solutions for smart cities. In addition, the hike in the per capita 
income is expected to bolster the market growth.  
On the contrary, the high price of such solutions and the lack of trained personnel for execution of 
such services are expected to be some of the major constraints on the rapidly expanding global 
public safety solutions for smart cities market in the coming years. 
Segmentation: 
The global public safety solution for smart city market has been segmented on the basis of services, 
solution, and application.  
By solution, the global public safety solution for smart city market has been segmented into critical 
communication network, biometric security & authentication system, backup & recovery system, 
public address & general alarm, and surveillance system. The critical communication network 
segment is anticipated to expand at 25.7% CAGR by 2023. 
By services, the global public safety solution for smart city market has been segmented into 
professional service and managed service. The managed service segment is likely to thrive at a 
CAGR of 26.3% by the end of the forecast period.  
By application, the global public safety solution for smart city market has been segmented into 
public transportation security, disaster management, critical infrastructure security, medical 
emergency service, law enforcement, firefighting services, and intelligence agencies. The public 
transportation security to expand at 26.2% of CAGR over the assessment period. 
Regional Outlook 
Regionally, the public safety solution for smart city market growth pattern has been studied in Asia 
Pacific, North America, Europe, and Rest-of-the-World (RoW). The market in North America is 
expected to retain its superior position in the global market due to continuous technical 
upgradations and the high rate of adoption of cloud technology and Internet of Things. The United 
States is expected to lead in the North America market and is expected to generate a revenue of 
around USD 15,746.5 million by the end of the forecast period. The Asia Pacific market is 
anticipated to gain high traction across the review period. The fast-paced expansion of the APAC 
market can be attributed to the rapid urbanization, developing smart city concept, and increase in 
industrialization activities. 
Key Players 
Harris Corporation (U.S.), NEC Corporation (Japan), Cisco Systems, Inc. (U.S.), International 
Business Machines Corporation (U.S.), Thales Corporation (France), Huawei Technologies (China), 
Honeywell International Inc. (U.S.), Alcatel-Lucent (France), Northrop German Corporation (U.S.),  
and Motorola Solutions Inc. (U.S.) are major key player of the public safety solutions for smart cities 
market that are likely to contribute significantly to its health. An in-depth knowledge of the market 
aids in understanding the growth opportunities of the market.