Public safety LTE market is expected to grow at a CAGR of 21.1% by 2025

1. MarketsandMarkets Presents Public safety LTE market is expected to grow at a CAGR of 21.1% by 2025 Public Safety-LTE Market with COVID-19 Impact Analysis by Infrastructure (E-UTRAN, EPC), Services (Consulting and Integration), Deployment Model (Private, Hybrid), Application (Law Enforcement, Firefighting Services), and Region - Global Forecast to 2025 https://www.marketsandmarkets.com/Market-Reports/public-safety-lte-market-149438422.html

2. The Public safety-LTE market is expected to be valued at USD 5.9 billion in 2020 and is likely to reach USD 15.4 billion by 2025; it is expected to grow at a CAGR of 21.1% during the forecast period. Adoption of LTE technology to eliminate the existing interconnectivity issues between different networks, increase in demand for unmanned vehicles globally, seamless data connectivity offered by LTE technology, and the COVID-19 pandemic is driving the need for efficient and extensive network capacity are expected to help the growth of the PS-LTE market during the forecast period. Browse 297 market data Tables and 61 Figures spread through 286 Pages and in-depth TOC on "Public Safety-LTE Market - Global Forecast to 2025"

3. PS-LTE infrastructure market is expected to dominate in the Europe region The growth of the PS-LTE market for infrastructure in Europe can be attributed to the ongoing initiatives in the region to replace the fully functional TETRA network with PS-LTE systems by 2020. Europe launched the emergency services mobile communications program (ESMCP) in 2013 that aims to provide LTE-based communication systems to first responders. Under this program, a new network, known as the emergency services network (ESN), is being developed. In June 2019, the Home Office of the UK allowed US-based Motorola Solutions to provide software for this ESN network while UK-based EE Limited developed the network infrastructure. Ask PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=149438422 Law enforcement & border control application for commercial LTE segment is projected to hold the largest share during forecast period The growth of the law enforcement & border control segment for commercial LTE can be attributed to the high popularity of commercial LTE deployment model in this application owing to low initial costs and reduced time of deployment. Commercial LTE deployment model uses existing networks of commercial carriers to provide public safety services to first responders. Furthermore, no network CAPEX is required in this deployment model, making it ideal for public safety agencies, which demand quick and low-cost PS-LTE services.

4. The adoption of public safety-LTE was significant in the North America region The growth of the PS-LTE market in North America is largely driven by an increase in the number of terrorist attacks; the occurrence of natural calamities such as floods, cyclones, forest fires, and earthquakes; and cyberattacks in the region. For instance, the 9/11 attack in the US triggered the requirement for public safety communication as there were several cases of communication breakdown among different government agencies during this attack. Request Free Sample Pages: https://www.marketsandmarkets.com/requestsampleNew.asp?id=149438422 COVID-19 Impact on the Global Public Safety-LTE Market The market is likely to witness a slight plunge in terms of year-on-year growth in 2020. This is largely attributed to the extended lockdown in countries worldwide, resulting in affected supply chains of OEMs and shutdown of factories. Since the factories were being shut, OEMs found it difficult to find vendors who were willing to supply, mainly due to the disruptions caused by the pandemic and the social distancing norms. This resulted in slowing down the existing and new deployments. For instance, Ericsson (Sweden) reported that the COVID-19 pandemic has affected its sales and service delivery due to the lockdown and travel restrictions imposed by governments to curb the effects of the outbreak.

5. About MarketsandMarkets MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions. Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations early to the market by providing them research ahead of the curve. MarketsandMarkets’s flagship competitive intelligence and market research platform, "Knowledgestore" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of markets.

6. Contact Us Contact: Mr. Aashish Mehra MarketsandMarkets™ INC. 630 Dundee Road Suite 430 Northbrook, IL 60062 USA : 1-888-600-6441 For More Info: https://www.marketsandmarkets.com/PressReleases/public-safety-lte.asp