Independent report

UK Safety Tech Sector: 2024 analysis

Fifth annual review of the UK’s safety tech sector showing how the sector has grown over the last year and is tackling online harms through technical innovation.

• From: Department for Science, Innovation and Technology
• Published: 10 October 2024

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UK Safety Tech Sector: 2024 analysis

PDF, 5.42 MB, 27 pages

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Details

The Department for Science, Innovation and Technology has tracked the growth of the UK’s safety tech sector since May 2020, through the annual ‘Safety Tech Sectoral Analysis’. The 2024 analysis has found that the UK’s safety tech sector is continuing to grow significantly year-on-year. The sector, now with 143 providers:

• saw a 37% total revenue increase in 2023, reaching £623 million
• will hit £1 billion in annual revenues by 2025/26 if this current growth rate is maintained

The sector employs approximately 3,900 people and is globally significant, with the UK accounting for 23% of the global safety tech workforce. Despite challenging conditions, investment remains strong, with growing demand for outsourced safety tech solutions.

Published 10 October 2024