Europe Safe City Market Size & Outlook, 2022-2030

The safe city market in Europe is expected to reach a projected revenue of US$ 20,758.6 million by 2030. A compound annual growth rate of 11.7% is expected of Europe safe city market from 2023 to 2030.
Revenue, 2022 (US$M)
$8,564.1
Forecast, 2030 (US$M)
$20,758.6
CAGR, 2023 - 2030
11.7%
Report Coverage
Europe

Europe safe city market highlights

  • The Europe safe city market generated a revenue of USD 8,564.1 million in 2022.
  • The market is expected to grow at a CAGR of 11.7% from 2023 to 2030.
  • In terms of segment, hardware was the largest revenue generating component in 2022.
  • Services is the most lucrative component segment registering the fastest growth during the forecast period.
  • Country-wise, Germany is expected to register the highest CAGR from 2023 to 2030.

Europe data book summary

Market revenue in 2022USD 8,564.1 million
Market revenue in 2030USD 20,758.6 million
Growth rate11.7% (CAGR from 2022 to 2030)
Largest segmentHardware
Fastest growing segmentServices
Historical data covered2018 - 2021
Base year for estimation2022
Forecast period covered2023 - 2030
Quantitative unitsRevenue in USD million
Market segmentationHardware, Software, Services
Key market players worldwideABB Ltd, BAE Systems PLC, Bosch, Honeywell International Inc, Identiv Inc, NEC Corp, Siemens AG, Alcatel-Lucent Enterprise, Esri, Teledyne Technologies Inc

Other key industry trends

  • In terms of revenue, Europe region accounted for 29.0% of the global safe city market in 2022.
  • Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
  • Asia Pacific is the fastest growing regional market and is projected to reach USD 31,346.9 million by 2030.

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Safe City Market Scope

Safe city market segmentation & scope
Hardware
Software
Services
Command & Control Systems
Cybersecurity
Public Safety Communications
Emergency Management System (EMS)
Video Surveillance and Analytics
Location Tracking System
Data Center Infrastructure
Physical Identity and Access Management (PIAM)

Safe City Market Companies

Name Profile # Employees HQ Website

Europe safe city market outlook

The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to safe city market will help companies and investors design strategic landscapes.


Hardware was the largest segment with a revenue share of 62.03% in 2022. Horizon Databook has segmented the Europe safe city market based on hardware, software, services covering the revenue growth of each sub-segment from 2018 to 2030.


  • Europe Safe City Component Outlook (Revenue, USD Million, 2018-2030)
    • Hardware
    • Software
    • Services
  • Europe Safe City Technology Outlook (Revenue, USD Million, 2018-2030)
    • Command & Control Systems
    • Cybersecurity
    • Public Safety Communications
    • Emergency Management System (EMS)
    • Video Surveillance and Analytics
    • Location Tracking System
    • Data Center Infrastructure
    • Physical Identity and Access Management (PIAM)

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  • Our clientele includes a mix of safe city market companies, investment firms, advisory firms & academic institutions.
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  • Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of continent-level data and insights on the Europe safe city market , including forecasts for subscribers. This continent databook contains high-level insights into Europe safe city market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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Europe safe city market size, by country, 2018-2030 (US$M)

Europe Safe City Market Outlook Share, 2022 & 2030 (US$M)

Europe safe city market size, by country, 2018-2030 (US$M)

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