The Law Enforcement Software Global Market Report 2024 by The Business Research Company provides market overview across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa, encompassing 27 major global industries. The report presents a comprehensive analysis over a ten-year historic period (2010-2021) and extends its insights into a ten-year forecast period (2023-2033).
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According to The Business Research Company’s Law Enforcement Software Global Market Report 2024, The law enforcement software market size has grown rapidly in recent years. It will grow from $14.26 billion in 2023 to $15.92 billion in 2024 at a compound annual growth rate (CAGR) of 11.6%. The growth in the historic period can be attributed to crime analytics and predictive policing, record management and case tracking, community policing initiatives, body-worn camera integration, incident reporting and documentation, mobile policing solutions..
The law enforcement software market size is expected to see rapid growth in the next few years. It will grow to $23.73 billion in 2028 at a compound annual growth rate (CAGR) of 10.5%. The growth in the forecast period can be attributed to real-time data analysis, community engagement platforms, digital evidence management, data privacy and ethical use, evidentiary management solutions.. Major trends in the forecast period include adoption of cloud-based solutions, data analytics for predictive policing, mobile applications for field operations, cybercrime and digital forensics tools, real-time communication and collaboration, integration with public safety networks..
An increase in ransomware attacks will propel the growth of the law enforcement software market. Ransomware encrypts the victim’s sensitive data and holds it hostage, refusing to release it until the user pays a fee. These attacks have harmed many law enforcement and government agencies, with many losing years of data and potentially jeopardising critical cases. For instance, in 2021, according to the FBI’s Internet Crime Complaint Center, there were 2,084 ransomware complaints from January to July 31, 2021, which is a 62% year-over-year increase. Rising attacks will drive the growth of the law enforcement software market.
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The law enforcement software market covered in this report is segmented –
1) By Component: Solutions, Service
2) By Deployment: Cloud, On-Premises
Subsegment: Computer-Aided Dispatch, Case Management, Record Management, Jail Management, Incident Response, Digital Policing
Technological advancement is a key trend in the law enforcement software market. The adoption of Vaas services continues to grow within collaboration and workplace flexibility. Video as a Service (VaaS) is the multiparty delivery or point-to-point video conferencing capabilities over an IP network by a managed service provider. In January 2021, Motorola Solutions Inc., a United States-based software, systems, and services provider, announced the introduction of a new Video-as-a-Service (VaaS). The new product combines body-worn cameras, digital evidence management software, and cloud-based support for transparency for law enforcement agencies. This has also helped the company gain a significant share of the market.
The law enforcement software market report table of contents includes:
- Executive Summary
- Law Enforcement Software Market Characteristics
- Law Enforcement Software Market Trends And Strategies
- Law Enforcement Software Market – Macro Economic Scenario
- Global Law Enforcement Software Market Size and Growth
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- Global Law Enforcement Software Market Competitive Benchmarking
- Global Law Enforcement Software Market Competitive Dashboard
- Key Mergers And Acquisitions In The Law Enforcement Software Market
- Law Enforcement Software Market Future Outlook and Potential Analysis
- Appendix
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