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Theu00a0critical communication marketu00a0is expected to grow from USD 13.9 billion in 2019 to USD 19.8 billion by 2024, at a CAGR of 7.4%. Advanced features of critical communication network, increase the need to modernize old equipment, and high demand for critical communication solutions from diverse industries such as public safety, transportation & medical are the major driving factors for the marketu2019s growth during the forecast period.<br>
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MarketsandMarkets Presents Critical Communication Market Report by Size, Trend & Global Forecast 2024 Critical Communication Market by Offering (Hardware, Services), Technology (Land Mobile Radio, Long-Term Evolution), End-Use Vertical (Public Safety, Transportation, Utilities, Mining), and Region (North America, Europe, APAC, RoW)-Global Forecast to 2024 https://www.marketsandmarkets.com/Market-Reports/critical-communication-market-95862445.html
The critical communication market is expected to grow from USD 13.9 billion in 2019 to USD 19.8 billion by 2024, at a CAGR of 7.4%. Advanced features of critical communication network, increase the need to modernize old equipment, and high demand for critical communication solutions from diverse industries such as public safety, transportation & medical are the major driving factors for the market’s growth during the forecast period. Browse 62 market data Tables and 43 Figures spread through 147 Pages and in-depth TOC on "Critical Communication Market - Global Forecast to 2024"
Hardware to dominate critical communication market during the forecast period A few of the vital components forming a critical communications system are command and control systems, infrastructure equipment, and end-user devices. Hardware is expected to hold a larger share of the critical communication market, because of the rising demand from the ongoing as well as new deployment of critical communication networks in various end-use verticals such as public safety, transportation, utilities, mining, others. Moreover, major developments in oil and gas plants to improve their operations through intrinsically safe and highly reliable networks and concerns toward public safety and security are the key factors fueling the growth of the market. Ask PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=95862445 LTE technology to account for the highest demand in the critical communication market during the forecast period LTE is the next global standard for critical communications, according to several industry representatives, consultants, and end-users. Factors such as the adoption of LTE by FirstNet by public safety organizations in the US, the inclination of the UK Home Office toward LTE, and plans of South Korea to build a nationwide LTE network for public safety are driving the development of LTE for critical communications. The requirements of public safety communications are rapidly changing, involving the adoption of broadband-based multimedia applications, remote surveillance, and robotic technologies such as unmanned aerial vehicles (UAVs). As a result, public safety agencies are replacing their narrowband public safety networks with LTE-based networks.
North America to hold a major share of the critical communication market during the forecast period North America is currently leading the global critical communication industry, followed by Europe and Asia Pacific, mainly due to ongoing technological advancements and rising adoption of digital LMR products by government and commercial sectors. The US government made the interoperability standard available to ensure efficient use of LMR technology products and fast and uninterrupted communication in case of catastrophic situations, such as the September 11 attack or Hurricane Katrina. North America is considered to be the most advanced region with regard to the adoption of critical communication technology and infrastructure. The protection of critical infrastructure is considered to be the most severe economic and national security challenge by the government of these countries. Request Free Sample Pages: https://www.marketsandmarkets.com/requestsampleNew.asp?id=95862445 Key Market Players Key players in the market include Motorola Solutions (US), Ericsson (Sweden), Nokia (Finland), Huawei (China), AT&T (US), Hariss (US), ZTE (China), Cobham Wireless (UK), Inmarsat (UK), Hytera (China), JVCKENWOOD Corporation (Japan), Mentura Group (Finland), Tait Communications (New Zealand), Telestra (Australia), Ascom (Switzerland), Zenitel (Belgium), Leonardo (Italy), Secure Land Communications (France), and Simoco Wireless Solutions (UK).
Motorola Solutions (US), one of the global leaders, has a broad product portfolio in the critical communication market. The company has the infrastructure and its technology platforms in critical communications, video security solutions, command center software, and support services help to make cities safer and businesses to grow. The company’s critical communication solutions, such as land mobile radio (LMR), keep people connected and help them to stay safe. Motorola Solutions operates through the following segments: Products and Systems Integration, and Services and Software. The company has a global footprint in more than 100 countries and has over 12,500 systems deployed across the world. Motorola has formed alliances with players such as Ericsson, Telstra, and Qualcomm to innovate its first LTE Broadcast-enabled PTT calls. It addresses the communication requirements of government agencies, state and local public safety and first-responder agencies, and commercial and industrial customers that use private communications networks and manage mobile workforces. • Key questions addressed by the report: • What are the opportunities for critical communication system providers? • How much growth is expected from hardware and services in the market • Who are the major current and potential competitors in the market, and what are their top priorities, strategies, and developments? • What are the major end-use verticals of the critical communication market? • What are the major technologies used for critical communication and its impact on the critical communication market and growth trends in the respective technology?
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