UK Safety Tech Sector: 2024 analysis
Fifth annual review of the UK鈥檚 safety tech sector showing how the sector has grown over the last year and is tackling online harms through technical innovation.
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The Department for Science, Innovation and Technology has tracked the growth of the UK鈥檚 safety tech sector since May 2020, through the annual 鈥楽afety Tech Sectoral Analysis鈥�. The 2024 analysis has found that the UK鈥檚 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 拢623 million
- will hit 拢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.