How big is the Latin America Public Safety Market?

The Latin America Public Safety Market size is expected to reach USD 51.11 billion in 2024 and grow at a CAGR of 6.40% to reach USD 69.95 billion by 2029. Read More

What is the current Latin America Public Safety Market size?

In 2024, the Latin America Public Safety Market size is expected to reach USD 51.11 billion. Read More

Who are the key players in Latin America Public Safety Market?

Cisco Systems, Inc., Esri Global, Genetec Inc, CGI Inc and ALE International Inc. are the major companies operating in the Latin America Public Safety Market. Read More

What years does this Latin America Public Safety Market cover, and what was the market size in 2023?

In 2023, the Latin America Public Safety Market size was estimated at USD 47.84 billion. The report covers the Latin America Public Safety Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Latin America Public Safety Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029. Read More

Latin America Public Safety Market Size & Share Analysis - Industry Research Report

Latin America Public Safety Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

The Latin American Public Safety Market is Segmented by Component (Software [Location Management, Record Management, Investigation Management, Crime Analysis, Criminal Intelligence, and Other Software], Services), Mode of Deployment (On-Premise, Cloud), End-User Industry (Medical, Transportation, Law Enforcement, Firefighting, and Other End-User Industries), and Country (Brazil, Mexico, Argentina, Rest of Latin America). The Market Sizes and Forecasts are Provided in Terms of Value (USD) for all the Above Segments.

Latin America Public Safety Industry Overview

The Latin American public safety market is moderately competitive and has the presence of various small and large players; the entry of new players further drives competition among the vendors. All the major players hold a significant presence in the market and are focusing on expanding the consumer base in the region. Some of the significant players in the market are Cisco Systems Inc., Esri Global, Genetec Inc., CGI Inc., and ALE International. Companies are increasing their market share by forming multiple partnerships, collaborations, and acquisitions and investing in introducing new products to earn a competitive edge during the forecast period.

May 2024 - Pager Inc., a digital healthcare enablement and care advocacy company, joined forces with AXA Partners Mexico (APM) to enhance APM's health assistance programs. This strategic collaboration introduces new capabilities, elevating the services APM offers. Leveraging Pager's expertise, APM now boasts an automated triage system. This system, powered by a fusion of AI and evidence-based clinical algorithms, steers APM members toward tailored care solutions. Moreover, through this alliance, APM introduces a novel offering: a dedicated personal medical assistant, enhancing care coordination services.

February 2024 - The Economic Commission for Latin America and the Caribbean (ECLAC) launched its Digital Development Observatory (DDO). This new tool is designed to collect and analyze data, identify trends, assess progress, and aid in the region's policy formulation and implementation for digital transformation. Such initiatives are anticipated to support the market's growth in the region.