Public safety and security in the 21st century is a rapidly changing and evolving space. Advancement in technology has not only helped law enforcement professionals to escalate their operations but also changed the way police officers and community members interact amongst themselves. Policing technologies such as automatic video redaction software, facial recognition and license plate readers have helped law enforcement agencies to respond quicker in case of any emergency situations. This further enables officials to catch criminals faster and preserve their records in an organized and secure way.
The overall policing technologies market is primarily driven by the increasing instances of terrorist attacks. In the light of recent increase in terrorist activities, many countries have opted to modernize and strengthen their law enforcement departments in order to better tackle such instances. Owing to the threat of terrorist attacks, there has been a rapid increase in the adoption of policing technologies across the world. Apart from video surveillance and communication technology, law enforcement bodies are now more inclined towards use of aviation technology, less lethal weapons and several others in their operation.
Another important factor contributing to the growth of the policing technologies market is the increase in crime rates. Policing technologies help improving the response time and efficiency by determining the exact location of the emergency, the kind of resources needed and any other additional emergency services to be alerted. Considering the aforementioned factors, the policing technologies market is set to register robust growth over the forecast period.
The report titled “Global Policing Technologies Market – Growth, Future Prospects and Competitive Analysis, 2021 – 2029” offers strategic insights into the global policing technologies market along with the market size and estimates for the duration 2019 to 2029. The said research study covers in-depth analysis of market segments based on technology type and cross-sectional study across different geographies and sub-geographical regions. The study covers the comparative analysis of different segments for the years 2020 & 2029. The report also provides a prolific view on market dynamics such as market drivers, restraints and opportunities. In addition, the report includes a section providing insights on the key trends followed in the market.
In order to help strategic decision makers, the report also includes competitive profiling of the leading policing technology vendors, their business strategy analysis, market positioning and key developments. Some of the major players profiled in the report are Reveal Media Ltd., PredPol, Inc., Zepcam B.V., Aventura Technologies, Computer Sciences Corporation, SmartWater Technology Ltd., Taser International, Inc., Aeryon Labs, Inc., Basler AG and Brite-Strike Tactical Illumination Products, Inc. among others. Apart from the company profiles, the report includes a section covering the competitive landscape wherein the market positioning of the companies has been discussed. The section also provides a view of key business strategies adopted by the leading market players. Other in-depth analysis provided in the report includes:
Overall, the research study provides a holistic view of the global policing technologies market, offering market size and estimates for the period from 2021 to 2029, keeping in mind the above mentioned factors.
In 2020, the overall policing technology market worldwide was led by the detection and surveillance technology segment. The segment contributed to more than 1/3rd of the total market revenue, in 2020. The detection and surveillance technology segment growth is primarily attributed to its prolonged existence in the law enforcement across different countries. Increasing efforts to watch spaces, people, activities and movement for unlawful activities has led to immense penetration of video surveillance and detection systems over the period of time. Moreover, detection and surveillance technologies are used by criminal justice practitioners to manage and monitor crime scenes and to keep courts, prisons, schools and public areas safe.
The aviation technology and communication technology segments follow the detection and surveillance technology segment, in terms of revenue. In the following years, aviation technology segment is set to demonstrate the highest growth rate in the market. This is primarily due to the increasing expenditure over aerial systems across different countries including the U.S., China, India and several others. Planes and helicopters offer unique advantages over ground-based transport that can save both resources and time. Moreover, aerial systems prove to be highly suitable in time-critical situations such as surveying a hostage scene or searching for missing people.
The global policing technologies market is dominated by Europe accounting for more than 35% of the overall market revenue generated worldwide in 2020. The policing technologies market here is majorly attributed to the presence of a large number of countries having advanced law enforcement. Major markets for policing technologies include the U.K., Germany and France among others. The market growth here is estimated to register strong growth in the following years due to increasing instances of terror attacks.
With the continually rising law enforcement programs in Europe, the region is set to maintain its dominant position in the global market in the following years. North America follows Europe, in terms of revenue. The market here is primarily governed by the U.S. having heavy expenditure over betterment of law enforcement and defense sectors.
Historical & Forecast Period
This study report represents analysis of each segment from 2022 to 2032 considering 2023 as the base year. Compounded Annual Growth Rate (CAGR) for each of the respective segments estimated for the forecast period of 2024 to 2032.
The current report comprises of quantitative market estimations for each micro market for every geographical region and qualitative market analysis such as micro and macro environment analysis, market trends, competitive intelligence, segment analysis, porters five force model, top winning strategies, top investment markets, emerging trends and technological analysis, case studies, strategic conclusions and recommendations and other key market insights.
Research Methodology
The complete research study was conducted in three phases, namely: secondary research, primary research, and expert panel review. key data point that enables the estimation of Policing Technologies market are as follows:
Market forecast was performed through proprietary software that analyzes various qualitative and quantitative factors. Growth rate and CAGR were estimated through intensive secondary and primary research. Data triangulation across various data points provides accuracy across various analyzed market segments in the report. Application of both top down and bottom-up approach for validation of market estimation assures logical, methodical and mathematical consistency of the quantitative data.
| ATTRIBUTE | DETAILS |
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| Research Period | 2022-2032 |
| Base Year | 2023 |
| Forecast Period | 2024-2032 |
| Historical Year | 2022 |
| Unit | USD Million |
| Segmentation | |
Technology
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Region Segment (2022-2032; US$ Million)
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Key questions answered in this report
