Public Safety Lte And Mobile Broadband Market Drivers, End User, Top Key Players, Challenges by 2033
In 2019, the Public Safety LTE and Mobile Broadband Market was estimated to be worth over US$ 11 billion. From 2020 to 2030, this market is expected to grow at an excellent CAGR of 18%. This rapid growth rate can be ascribed to the widespread use of mobile broadband and LTE for public safety in nations like the United States, the United Kingdom, and South Korea.
Conventional technologies like P25 and TETRA have historically served as the main platforms for mission-critical communications. Yet, cellular communication applications have advanced quickly to include high bandwidth data connectivity, wideband audio, and multimedia calling. Because mission-critical cellular communication techniques have not yet developed to provide the necessary mission-critical communication capabilities, first responders require Land Mobile Radio (LMR) communication technology, which has not developed at the same rate. Due to this limitation, public safety LTE and mobile broadband are the much better choice. Peer-to-peer communication and Push-To-Talk (PTT) communication are supported communication technologies.
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Key Takeaways from Public Safety LTE and Mobile Broadband Market Study
- Public safety LTE and mobile broadband is a viable alternative to conventional cellular communication technologies.
- Spectrum-related scarcities and high implementation costs are restricting market growth.
- The COVID-19 pandemic is having a positive impact on the adoption of public safety LTE and mobile broadband.
- The public safety LTE and mobile broadband markets in Latin America and the Middle East and Africa will present the most lucrative opportunities over the coming years.
“In order to prevent or at least lessen damage to property and loss of life due to natural calamities, minimise the socio-economic effects of cyber-attacks, and combat terrorist attacks, national governments are driving the implementation of public safety LTE and mobile broadband” according to a PMR analyst.
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Focus of Public Safety LTE and Mobile Broadband Market Players on Technological Innovation
Some of the key players operating in the global public safety LTE and mobile broadband market are
- Cobham Wireless
- Hytera
- AT&T
- Bittium
- Huawei
- Harris
- Nokia
- Motorola Solutions
- Airbus
- General Dynamics
These market players captured around 85% of the global public safety LTE and mobile broadband market in 2019.
- Promising players in the global public safety LTE and mobile broadband market are striving to gain entrance to public-private partnerships.
- Well-established players are relying on distributors and system integrators to fulfill service level agreements.
More Valuable Insights on Public Safety LTE and Mobile Broadband Market
In its objective study of the global public safety LTE and mobile broadband market, PMR examines historical demand from 2015 to 2019 and provides projections for the years 2020 to 2030. The study explains growth predictions for the public safety LTE and mobile broadband industry based on infrastructure and services as well as solution. The infrastructure solution is further divided into device-to-device communication, private/commercial mobile data, public safety broadband network, and two-way wireless communication. There are three sub-segments within the services sub-segment: consultation, integration and installation, and maintenance and support. Law enforcement, emergency services, the military, fire response, railways, and other end users like local government, utilities, and forest regulators have been divided into several market segments based on end use.
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Public Safety LTE and Mobile Broadband Market: Segmentation
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