The expansion of the crime & law enforcement market plays a significant role in maintaining society's security and covers several sectors, such as policing, forensics, cyber, correctional, and other facilities. The fast-paced increase in crimes, change in the way criminals perceive and cope with crimes, and the growing Bingham fear of aggression and terrorism is the reason behind relentless spending by nations in order to upgrade law enforcement.
In 2024, the crime & law enforcement market globally stands at almost US$ 500 billion, with growth projections to a 6–8% compound annual growth rate (CAGR) for the period from 2024 to 2030.The primary reason for this enhancement is the extension of investments into AI-based surveillance, predicting techniques, biometrics, or password replacements.
The expansion of the crime & law enforcement market plays a significant role in maintaining society's security and covers several sectors, such as policing, forensics, cyber, correctional, and other facilities. The fast-paced increase in crimes, change in the way criminals perceive and cope with crimes, and the growing Bingham fear of aggression and terrorism is the reason behind relentless spending by nations in order to upgrade law enforcement.
In 2024, the crime & law enforcement market globally stands at almost US$ 500 billion, with growth projections to a 6–8% compound annual growth rate (CAGR) for the period from 2024 to 2030.The primary reason for this enhancement is the extension of investments into AI-based surveillance, predicting techniques, biometrics, or password replacements.
The “Crime & Law Enforcement Industry” includes governmental bodies, private security, and technology companies working together to promote the detection, collusion, and investigation of crimes. Such INRS matrix tables will help in the following:
- To discuss the principles of criminal justice in detail
- Submission of evidence for law enforcement technology
- Measures for preventing crimes
- Protection of the public from having their safety threatened.
- All correctional and rehabilitative programs
Such a market is also further classified into the following segments, depending on the kind of criminal activity as well as mechanisms of control and enforcement.
For example, there are
- Cyber Crime Control: Prevention of crime through prevention, control, investigation, and management. It involves fraud, especially through
Drug Control/Drug Law Enforcement involves the control and suppression of crimes related to narcotics.
- Economic Crime/Fraud Control: Money laundering, fraud, and lack of control powers.
- Anti-Terrorism: use of anti-intelligence and non-intelligent techniques in fighting criminal and terrorist activities.
- Vulnerable and conventional Read Across Crime Prevention: including smuggling and cross-border crime.
- Forensic and Investigative Services: includes DNA analysis, bullet match, and study of financial records, etc.
- Safety Policies and Disasters Management: Rescuing people and settings arising from disasters and their readiness as needed.
1. "Emergence of Artificial-Intelligence Driven" Policing—Forecasting and analysis are advancing crime deterrence methods.
2. ‘Organization of financial security in relation to cyber crimes’ - There has been an increase in expenditures to combat financial cyberspace crimes.
3. "Cloud Evidence Storage System"—Data center solutions are replacing the physical filing of forensic and investigative evidence files.
4. ‘Rapid Deployment and Use of Drones in Policing’ – Many law enforcement agencies have adopted the use of drone technology to manage crowds and during border patrol.
5. ‘Growth of the Security Market’ – There is a rise in security needs for employee protection within organizations and risk management.
6. "Changing Realities of Law Enforcement Practices"—Across the globe, new regulations are being integrated into law enforcement.
7. Attempts to Combat Criminal Activity Over Boundaries. Improved relationships among lawmakers to combat crime and political extremism
"AI-Based Police Work" utilizes predictive analytics and machine learning to anticipate and prevent criminal activity before it occurs.
"Billions in Biometrics: Surging Adoption"—the use of facial recognition, fingerprinting, and eye scanning serves as the new way of confirming identities.
"The Case of Cyber Crimes": In 2023, the number of cyberattacks worldwide increased by more than 40%, highlighting the need for robust cyber defenses.
The introduction and widespread use of worn camera systems to enhance transparency and accountability in policing has led to record highs in usage.
"Crime Data Management on a Blockchain": Governments are incorporating blockchain technology into their crime management systems to facilitate the tracking of evidence beam structures.
"Smart Cities and Established Infrastructure": Enhancements in building lighting and monitoring crime within cities are resulting in a decrease in criminal activities.
Technology Split
- Artificial Intelligence (AI) and Predictive Analysis
- Biometric Systems
- Digital Forensic Apparatus
- Security Cameras and CCTV
Anti-crime measures using blockchain technology
Service Split
- Police Services and Patrol
- Crime Investigation and Information Security
- Laboratory Forensic Services
- Executive Protection Solutions
Consumer Type
- The Public Authority
- Business Corporates
- The Ministry of Defense and Security Agencies
IBM Corporation: Approaches to crime using AI and protecting one from crimes with cyber defense.
Motorola Solutions: A system that enables surveillance and communication at more advanced levels.
Axon Enterprise, Inc. is a company providing body-worn cameras and evidence management with no match.
NEC Corporation is a leader in face recognition and biometric equipment and systems.
Palantir Technologies provides large-scale information mining for police work.
Thales Group: Solutions for defense, cyberspace, and safety of the population.
Cisco Systems: Urban security systems for improving the security of cities.
Securitas AB: Private security and risk service provider around the world.
G4S Limited provides international management services for security and prison.