Law Enforcement Software Market Expected to Reach $30.6 Billion by 2031—Allied Market Research

According to a new report published by Allied Market Research, titled, “Law Enforcement Software Market," The law enforcement software market was valued at $13.6 billion in 2021, and is estimated to reach $30.6 billion by 2031, growing at a CAGR of 8.5% from 2022 to 2031.

Law enforcement software is an application used for gathering, recording, storing, and sharing information relating to legal investigations. It ensures that all the legal documents, including evidence collected, are stored and shared with concerned authorities securely. Law enforcement software market is influenced by various market factors, constraints and opportunities. Undoubtedly, the increasing number of crimes such as cybercrimes and increasing demand for mobile-based law enforcement software will accelerate the need for law enforcement software worldwide. In addition, the rise of mobile analytics and the emergence of data analytics are anticipated to accelerate the growth of the law enforcement software market. However, lack of awareness of the benefits of law enforcement software and increasing privacy concerns are limiting the growth of the law enforcement software market. In addition, many small and medium enterprises entering the market and providing advanced solutions for law enforcement software are anticipated to create more opportunities during the Law Enforcement Software Market Forecastperiod.

Depending on offering, the solution segment holds the largest law enforcement software market share as it helps to maintain law and order and maintain all records of crimes for further investigation. However, service segment is expected to witness growth at the highest rate during the forecast period as services help avoid the complexities involved in deploying law enforcement software solutions and integrating them with the agencies systems.

Region wise, the law enforcement software market size was dominated by North America in 2021 and is expected to retain its position during the forecast period owing to growth in demand for adoption of law enforcement software among state and federal law organizations. However, Asia-Pacific is expected to witness significant growth during the forecast period, owing to rise in adoption of crime analytics solutions in  law enforcement software’s, which encourages players to capitalize on R&D and to introduce innovative products to meet the growing needs of customers.

The law enforcement software industry has witnessed significant growth in past few years; however, due to the outbreak of the COVID-19 pandemic, the market is projected to witness a slight downfall in 2020. This is attributed to implementation of lockdown by governments in majority of the countries and the shutdown of travel across the world to prevent the transmission of virus. The law enforcement software industry is projected to prosper in the upcoming years after the recovery from the COVID-19 pandemic. Various law enforcers and police departments across the globe have initiated digitalization’s in investigation process and also have adopted remote mode work and it is creating demand for the cloud-based law enforcement software to manage critical information of organizations, thus creating lucrative opportunity for the market expansion during the forecast period.

KEY FINDINGS OF THE STUDY

• By offering, the solution segment accounted for the largest law enforcement software market share in 2021.
• By region, North America generated highest revenue in 2021.
• By deployment, the on-premise segment generated the highest revenue in 2021.

The key players that operate in the law enforcement software market analysis are Accenture, ALEN Inc., CAPERS Software, CODY Systems, Column Case Management, Cyrun, eForce, Esri, Guardian Alliance Technologies, Hexagon AB, IBM Corporation, Lexipol, Matrix Pointe Software, NICE, Omnigo, Presynct Technologies, and Tracker Products. These players have adopted various strategies to increase their market penetration and strengthen their position in the law enforcement software industry.