At 27.5% CAGR, the Middle East & Africa AI for Public Security and Safety Market is projected to be worth US$ 3,264.04 million by 2030, says Business Market Insights

According to Business Market Insights research, the Middle East & Africa AI for public security and safety market was valued at US$ 596.60 million in 2023 and is expected to reach US$ 3,264.04 million by 2030, registering a CAGR of 27.5% from 2023 to 2030. Advancements in AI and digital transformation in the security applications are the critical factors attributed to the Middle East & Africa AI for public security and safety market expansion.               

AI and ML influence how people live and work. Both these technologies have multiple potential applications in different sectors; AI is opening up new boundaries in healthcare, finance, and transportation by automating routine tasks, along with predicting future trends. In addition, AI-based systems can improve customer experience, detect fraud and anomalies, optimize processes, and so on. Also, the AI industry has made great strides in a relatively short period. The continued growth of AI-powered analytics tools and platforms is likely to enable companies to extract insights from vast volumes of information. For instance, in March 2023, Microsoft announced an AI-enabled Security Copilot, a new assistant for cybersecurity professionals. The tool was powered by OpenAI’s GPT-4 technology. Further, with the advent of big data and the increasing importance of data-driven decision-making, AI software tools are becoming crucial for companies as they focus on remaining competitive in rapidly evolving markets. Using AI in security technologies can improve operational security by increasing the probability and speed of detection, reducing the workload and fatigue of operators, and helping security personnel focus on crucial areas. In addition to developing new applications and programs, companies must incorporate responsible AI principles into their automation strategies. Therefore, AI systems will continue to play a pivotal role in shaping the world, and more advancements are expected to introduce new trends in the Middle East & Africa AI for public security and safety market in the future.  

On the contrary, high costs of public safety and security solutions hurdles the growth of Middle East & Africa AI for public security and safety market.

Based on application, the Middle East & Africa AI for public security and safety market is segmented into preventative policing, criminal investigation, combating terrorism, emergency response and disaster management, and others. The preventative policing segment held 35.4% share of Middle East & Africa AI for public security and safety market in 2023, amassing US$ 211.14 million. It is projected to garner US$ 1,137.26 million by 2030 to expand at 27.2% CAGR during 2023–2030.

Based on component, the Middle East & Africa AI for public security and safety market is bifurcated into solution and services. The solution segment held 70.9% share of Middle East & Africa AI for public security and safety market in 2023, amassing US$ 423.17 million. It is projected to garner US$ 2,366.91 million by 2030 to expand at 27.9% CAGR during 2023–2030.

Based on end-use industry, the Middle East & Africa AI for public security and safety market is segmented into law enforcement agencies, federal intelligence and security, and others. The law enforcement agencies segment held 43.2% share of Middle East & Africa AI for public security and safety market in 2023, amassing US$ 257.99 million. It is projected to garner US$ 1,503.65 million by 2030 to expand at 28.6% CAGR during 2023–2030.  

Based on country, the Middle East & Africa AI for public security and safety market is segmented into Saudi Arabia, the UAE, South Africa, and the Rest of Middle East & Africa. Our regional analysis states that Saudi Arabia captured 38.6% share of Middle East & Africa AI for public security and safety market in 2023. It was assessed at US$ 230.25 million in 2023 and is likely to hit US$ 1,308.80 million by 2030, exhibiting a CAGR of 28.2% during the forecast period.  

Key players profiles in the Middle East & Africa AI for public security and safety market report Atos SE, Hexagon AB, Hitachi Ltd, Honeywell International Inc, International Business Machines Corp, Motorola Solutions Inc, Thales SA, and Voyager Labs Ltd, among others.

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