United Kingdom: Adopted Safety Tech Sector 2023 analysis

On 15 June 2023, the Department for Science, Innovation and Technology issued Safety Tech Sector 2023 analysis. The analysis focuses on enhancing online safety, protecting users from harmful content, and supporting the identification of fraudulent advertising. The report notes that the growth of the sector is underpinned by support for exporting companies, an emerging regulatory landscape such as the Online Safety Bill, and the sector's role in reducing online harm. Further, the report states that the safety tech sector continued to grow in 2022, and sector revenues increased by 20% to GBP 456 million.