At 9.6% CAGR, Asia Pacific Public Safety Software Market is Projected to be Worth US$ 7,712.15 Million by 2030, says Business Market Insights

According to Business Market Insights' research, the Asia Pacific public safety software market was valued at US$ 3,692.36 million in 2022 and is expected to reach US$ 7,712.15 million by 2030, registering a CAGR of 9.6% from 2022 to 2030. Surge in investments in public safety and preference of new technologies such as integration of artificial intelligence in public safety are among the critical factors attributed to the Asia Pacific public safety software market expansion.

With more resources available, public safety agencies can explore and implement more advanced software solutions such as predictive policing software, which analyzes past crime data to predict future crime hotspots, allowing for preventative measures. Other software solutions such as criminal justice management systems help manage arrests, investigations, prosecutions, and corrections. In addition, combating new challenges such as cybercrime and mass-casualty incidents requires sophisticated software solutions. The availability of funding allows agencies to invest in technologies addressing these emerging threats. Many cities in several countries are taking the initiative to invest in public safety. Thus, increasing investments in public safety drive the Asia Pacific public safety software market.

On the contrary, lack of awareness about public safety software hampers the growth of Asia Pacific public safety software market.

Based on deployment type, the Asia Pacific public safety software market is bifurcated into on-premises and cloud. The on-premises segment held 64.2% share of the Asia Pacific public safety software market in 2022, amassing US$ 2,371.43 million. It is projected to garner US$ 4,105.52 million by 2030 to expand at 7.1% CAGR during 2022-2030.

In terms of solution type, the Asia Pacific public safety software market is segmented into computer aided dispatch solution, record management solution, mobile police software solution, incident management solution, jail management solution, court management solution, and others. The computer aided dispatch solution segment held 28.3% share of the Asia Pacific public safety software market in 2022, amassing US$ 1,043.10 million. It is estimated to garner US$ 2,324.79 million by 2030 to expand at 10.5% CAGR during 2022-2030.

By end user, the Asia Pacific public safety software market is segmented into law enforcement agencies, fire departments, courts, prosecutors, and others. The law enforcement agencies segment held 32.0% share of Asia Pacific public safety software market in 2022, amassing US$ 1,181.96 million. It is predicted to garner US$ 2,752.84 million by 2030 to expand at 11.1% AGR during 2022-2030.

Based on country, the Asia Pacific public safety software market is categorized into Australia, China, India, Japan, South Korea, and the Rest of Asia Pacific. China held 33.2% share of Asia Pacific public safety software market in 2022, amassing US$ 1,225.86 million. It is projected to garner US$ 2,717.48 million by 2030 to expand at 10.5% CAGR during 2022-2030.

Key players operating in the Asia Pacific public safety software market are Hexagon AB, Motorola Solutions Inc, Microsoft Corp, Tyler Technologies Inc, and Zetron Inc, among others.


Contact Us
Phone: +16467917070
Email Id: sales@businessmarketinsights.com