Wireless Broadband in Public Safety Market Size to Reach US$ 91.9 Billion, Globally, by 2028 at 23.64% CAGR

PRESS RELEASE

Published March 24, 2023

IMARC Group has recently released a new research study titled “Wireless Broadband in Public Safety Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028“, The global wireless broadband in public safety market size reached US$ 24.7 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 91.9 Billion by 2028, exhibiting a growth rate (CAGR) of 23.64% during 2023-2028. This report can serve as an excellent guide for investors, researchers, consultants, marketing strategists and all those who are planning to foray into the market in any form.

Wireless broadband in public safety deals with a high-speed internet solution that facilitates seamless communication among various entities, such as federal agencies, local and state governments, public safety organizations, and private organizations. The primary purpose is to enhance public preparedness for emergencies and enable responses to disasters and other accidental situations. They employ several technologies to improve communication and interoperability, including wireless mobile networks, real-time data transfer applications, Long-Term Evolution (LTE) mobile communicators, and radio management systems. They are widely deployed to capture real-time critical information that aids in automatic vehicle tracking, video surveillance and monitoring, integrated device monitoring, and data device monitoring. Nowadays, wireless broadband in public safety is widely used by area security, police, highway control, disaster management, and medical emergency service authorities across the globe.

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Wireless Broadband in Public Safety Market Trends and Drivers:

The market is primarily driven by the rising demand for efficient public safety systems to obtain real-time information and ensure improved public safety. In addition, the recent onset of the coronavirus (COVID-19) pandemic has prompted employees to shift their base from urban to rural areas, which in turn has accelerated the demand for high-speed internet services to operate computers, smartphones, and laptops. Moreover, several technological advancements, such as the incorporation of connected devices with artificial intelligence (AI) and the internet of things (IoT) solutions, represent other major growth-inducing factors. Besides this, various governments are implementing favorable policies to ensure public safety, which is propelling market growth. Furthermore, the widespread adoption of wireless broadband in public safety in critical communication applications such as ports, roads, railways, metros, and airports are creating a positive market outlook.

Report Segmentation:

The report has segmented the market into the following categories:

Breakup by Type:

Fixed
Mobile

Breakup by Offering:

Hardware
Software
Services

Breakup by Application:

Video Surveillance and Monitoring
Automatic Vehicle Tracking
Real-time Incident Management
GIS (Geographic Information System)
People Control and Management
Others

Breakup by End User:

Department of Police
Department of Disaster Management
Medical Emergency Service Providers
Others

Market Breakup by Region:

North America (United States, Canada)
Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, Others)
Europe (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
Latin America (Brazil, Mexico, Others)
Middle East and Africa

Competitive Landscape with Key Player:

AT&T Inc.
Broadcom Inc.
Cisco Systems Inc.
General Dynamics Corporation
Hitachi Ltd.
Huawei Technologies Co. Ltd.
L3Harris Technologies Inc.
Motorola Solutions Inc.
Nokia Corporation
Telefonaktiebolaget LM Ericsson
Verizon Communications Inc.
ZTE Corporation.

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