Latin America Safe City Market Size & Outlook, 2022-2030
Latin America safe city market, 2018-2030 (US$M)
Related Markets
Latin America safe city market highlights
- The Latin America safe city market generated a revenue of USD 1,318.8 million in 2022.
- The market is expected to grow at a CAGR of 16% 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, Mexico is expected to register the highest CAGR from 2023 to 2030.
Latin America data book summary
| Market revenue in 2022 | USD 1,318.8 million |
| Market revenue in 2030 | USD 4,320.2 million |
| Growth rate | 16% (CAGR from 2022 to 2030) |
| Largest segment | Hardware |
| Fastest growing segment | Services |
| Historical data covered | 2018 - 2021 |
| Base year for estimation | 2022 |
| Forecast period covered | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Hardware, Software, Services |
| Key market players worldwide | ABB 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, Latin America region accounted for 4.5% 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 Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Latin America 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 63.98% in 2022. Horizon Databook has segmented the Latin America safe city market based on hardware, software, services covering the revenue growth of each sub-segment from 2018 to 2030.
- Latin America Safe City Component Outlook (Revenue, USD Million, 2018-2030)
- Hardware
- Software
- Services
- Latin America 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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Target buyers of Latin America safe city market databook
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Our clientele includes a mix of safe city market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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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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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of continent-level data and insights on the Latin America safe city market , including forecasts for subscribers. This continent databook contains high-level insights into Latin America safe city market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Latin America safe city market size, by country, 2018-2030 (US$M)
Latin America Safe City Market Outlook Share, 2022 & 2030 (US$M)
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