LATAM Safe City Market Size & Outlook, 2025-2033


LATAM Safe City Market Insights

  • As per Reed Intelligence insights, LATAM’s Safe City Market was valued at USD 6.14 Billion in 2024 and is anticipated to expand to USD 8.86 Billion by 2033.
  • From 2025 to 2033, the market is anticipated to expand at a CAGR of 4.19%.
  • Within Application, Surveillance Systems accounted for the largest market size in 2024.
  • During the forecast period, Emergency Response Systems is anticipated to remain the highest-growth segment within the Application category.

Other Key Findings


  • In 2024, LATAM accounted for 5.32% of the global Safe City Market size.
  • By 2033, United States is projected to lead the global market in terms of market size.
  • Chile is projected to emerge as the fastest-growing market in LATAM, reaching USD 0.67 Billion by 2033.

Report Summary

Report Scope Details
Base Year for Study 2024
Study Period 2021-2033
Historical Period 2021-2023
Forecast Period 2025-2033
Market Size In 2024 USD 6.14 Billion
Market Size In 2033 USD 8.86 Billion
Largest segment Surveillance Systems
Units Revenue in USD Billion
CAGR 4.19% (2025-2033)
Segmnetation Covered
LATAM
  1. Brazil
  2. Mexico
  3. Argentina
  4. Colombia
  5. Chile
Application
  1. Surveillance Systems
  2. Traffic Management Systems
  3. Emergency Response Systems
  4. Public Safety Communication Systems
Technology
  1. Internet of Things
  2. Artificial Intelligence
  3. Big Data Analytics
  4. Cloud Computing
Component
  1. Hardware
  2. Software
  3. Services
Report Coverage Revenue Forecast, Competitive Landscape, Growth Factors, Environment & Regulatory Landscape and Trends
clients
Trusted by Fortune 500
Over 30000+ subscribers