According to the latest market research study published by P&S Intelligence, the global public safety and security market is witnessing rapid expansion, projected to grow from USD 517.6 billion in 2024 to an impressive USD 1,214.2 billion by 2032, registering a robust CAGR of 11.4% during the forecast period.
This surge is primarily fueled by the growing adoption of cutting-edge technologies such as artificial intelligence (AI) and the Internet of Things (IoT), which are significantly advancing s