Pune, India, November 21, 2023 (GLOBE NEWSWIRE) — According to Fortune Business Insights, worldwide Law Enforcement Software Market Size was valued at USD 1.31 billion in 2022 and is expected to reach USD 4.00 billion by 2030, exhibiting a CAGR of 15.2% during the forecast period. CivicEye will collaborate with Seven Eight Technologies to strengthen the position of the industry. Fortune Business Insights™ noted this in a report entitled Law Enforcement Software Market Forecast, 2023-2030.
The market expansion is driven by an increase in criminal activity and a subsequent increase in demand for products. The solutions help improve police practices.
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Major industrial development:
- CivicEye, a provider of law enforcement software solutions, has partnered with FRONTLINE Public Safety Solution to integrate Civic RMS with FRONTLINE products to improve public safety.
Key learning points
- Application of AR/VR for law enforcement training
- Increasing demand for smart devices among enforcement agencies to drive market growth
- Adoption of cloud-based law enforcement software to save operational costs and drive segment growth
- The adoption of enforcement software fueled the growth of the case management application segment
Discover the key players from the report:
“Companies leading in the law enforcement software market are Omnigo (US), LexisNexis (US), Adashi (US), Magnet AXIOM (Canada), Column Case Management (US), Axon (US), Matrix Pointe Software (US) , CivicEye (US), LEFTA Systems (US), eForce (US)”
Report Scope and Segmentation
|Forecast period||2023 to 2030|
|Forecast period 2023 to 2030 CAGR||15.2%|
|Value projection for 2030||$4.00 billion|
|Law Enforcement Software Market Size in 2022||$1.31 billion in 2022|
|Historical data for||2019 to 2021|
|Number of pages||120|
|Segments covered||Implementation, application, end user and geography|
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Drivers and restrictions:
The rising demand for smart devices among enforcement agencies to drive industry expansion
One of the key factors driving the growth of the law enforcement software market is the rising demand for smart devices such as body-worn cameras and others by enforcement agencies for the surveillance and safety of police officers. The data degenerated by these devices can potentially be used for research.
However, market expansion may be hampered by the enforcement of strict data security regulations.
- Case management
- Mapping incidents
- Shipping management
- Evidence management
By end user
- North America
- South America
- Middle East and Africa
North America accounted for the largest share due to increasing software implementation
The North American law enforcement software market share represented a key position in the market in 2022 and is expected to grow substantially over the forecast period. The increase is caused by the increasing use of products by government agencies to improve departmental activities.
The Asia Pacific market is expected to grow at the maximum CAGR over the estimated period. The increase can be attributed to the increasing popularity of advanced products to prevent criminal activities.
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Leading companies will work together to strengthen the position of the industry
Major market players are focusing on high-profile partnerships and collaboration agreements to expand the reach of their products. Many companies formulate and implement new strategies to strengthen the position of their sector. Some of the key initiatives include an increase in research activities, mergers, acquisitions and new product launches.
Frequently Asked Questions
How big is the market for law enforcement software?
The law enforcement software market size was $1.31 billion in 2022.
How fast is the law enforcement software market growing?
The law enforcement software market will exhibit a CAGR of 15.2% during the forecast period 2023-2030
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Law enforcement software market