Insights Government publishes UK Safety Tech Sector Analysis 2021

Safety tech providers deliver products and services that enable safer online experiences for citizens. The independent report, “The UK Safety Tech Sector: 2021 Analysis”, considers growth of this sector in the UK during 2020. It finds that, over the past year:

  • the number of safety tech companies has increased by 43%, to 100 firms;
  • sector revenues have grown by 39%, to £314 million;
  • sector employment has grown 29%, to an estimated 2,200 Full-Time Equivalent (FTE) employees;
  • sector companies raised £39 million across 22 deals;
  • more than half (52%) of UK safety tech companies have an identifiable international presence; and
  • UK providers of online safety tech hold an estimated 25% of the global market share.

To read the Government’s press release and for a link to the Analysis, click here.