Urbanization in Asia Pacific and Latin America is one of several key drivers of what is identified as the “Global Safe Cities Market,” according to a purveyor of a report on tech for combatting a host of perceived threats to community safety.

Major defense contractors, the ICT (information and communications technology) and surveillance/sensors industry, suggests HSRC (Homeland Security Research Corp.), cannot ignore the fast growing revenues of the Safe City market – which is expected to accumulate to $226 billion throughout the next six years.

What are known as “Safe City” markets are going through major shifts, observes the international market and technology research firm which specializes in the homeland security and public safety industry, and which has issued Global Safe City: Industry, Technologies and Market – 2015-2020, a report presenting figures, analysis of dozens of current and pipeline technologies and 78 leading vendors.

Citing the report, HSRC notes public opinion and political pressures combined with maturing safe city technologies such as video analytics, physical security information management, public-safety answering point, distributed sensors systems, sensor and data fusion algorithms, SaaS (software-as-a-service), social media emergency response software, and geo-design are creating new business opportunities.

The report examines each dollar spent in the market via two orthogonal money trails: regional/national markets and technology markets.

Described as a resource for executives with interests in the industry, the report has been customized for industry and urban decision makers to identify business opportunities, developing technologies, market trends and risks, as well as to benchmark business plans, relative to the market, which is expected to reach $48.5 billion by 2020.

The report is granulated into 150 vertical and horizontal submarkets, and presents for each submarket 2013-2014 data, analyses, and projects the 2015-2020 market and technologies from several perspectives, including business opportunities and challenges; SWOT (strengths, weaknesses, opportunities and threats) analysis; and market analysis (e.g., market dynamics, market drivers and inhibitors).