Public Safety LTE - Market Share, Industry Analysis and Forecast to 2024 - PowerPoint PPT Presentation

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Public Safety LTE - Market Share, Industry Analysis and Forecast to 2024

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Public Safety-LTE Market is projected to grow from USD 4.7 billion by 2019 to USD 11.7 billion by 2024; it is expected to grow at a CAGR of 20.2% from 2019 to 2024. – PowerPoint PPT presentation

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Title: Public Safety LTE - Market Share, Industry Analysis and Forecast to 2024


1
MarketsandMarkets Presents

Public Safety LTE - Market Share, Industry
Analysis and Forecast to 2024 Public Safety LTE
Market by Infrastructure (E-UTRAN, EPC), Services
(Consulting and Integration), Deployment Model
(Private, Hybrid), Applications (Law Enforcement,
Firefighting Services), and Region - Global
Forecast to 2024 https//www.marketsandmarkets.c
om/Market-Reports/public-safety-lte-market-1494384
22.html
2
According to the new market research report
"Public Safety-LTE Market by Infrastructure
(E-UTRAN, EPC), Service (Consulting,
Integration), Deployment Model (Private,
Commercial, Hybrid), Application (Law Enforcement
Border Control, Firefighting Services), End
User, Region - Global Forecast to 2024",
published by MarketsandMarkets, the Public
Safety-LTE Market is projected to grow from USD
4.7 billion by 2019 to USD 11.7 billion by 2024
it is expected to grow at a CAGR of 20.2 from
2019 to 2024. Browse 118 market data Tables
and 48 Figures spread through 173 Pages and
in-depth TOC on "Public Safety-LTE Market -
Global Forecast to 2024"
3
The PS-LTE market has enormous potential for
growth across various applications such as law
enforcement border control, emergency medical
services, firefighting services, and disaster
management. Communication is imperative for
public safety agencies as they require effective
communication to deal with natural or man-made
disasters. Public safety-LTE, which integrates
voice communication and data transfer abilities
with robust purpose-built systems, devices, and
control centers, helps police, military, and
other security forces to work safely and smartly
by assisting them in improving their real-time
decision-making capabilities. Ask PDF
Brochure https//www.marketsandmarkets.com/pdfdow
nloadNew.asp?id149438422 Infrastructure segment
to hold the largest size of the PS-LTE market
from 2019 to 2024 The infrastructure segment
accounted for the largest share of the PS-LTE
market in 2018. The dominance of the
infrastructure segment can be attributed to new
public safety projects being undertaken in
Europe, especially in the UK, Finland, and France
and in Asian countries such as South Korea and
Japan. The end-use devices segment of the PS-LTE
market for infrastructure is projected to grow at
the highest CAGR during the forecast period. The
growth of this segment can be attributed to the
increasing demand for LTE technology- and hybrid
(LTE and TETRA)-enabled devices across the globe.
4
Hybrid LTE segment of the PS-LTE market is
projected to grow at the highest CAGR during the
forecast period The hybrid LTE deployment model
is expected to offer significant opportunities
for the PS-LTE industry as it provides highly
reliable services at costs lower than the private
LTE deployment model. Due to the high costs
incurred in adopting a completely dedicated
public safety network, government agencies are
expected to opt for the hybrid LTE deployment
model. Shared network running costs is one of the
prime drivers for the growth of the hybrid LTE
segment of the PS-LTE market. Request Free
Sample Pages https//www.marketsandmarkets.com/re
questsampleNew.asp?id149438422 Europe accounted
for the largest size of the PS-LTE market in
2018 The growing requirement for strong security
measures and compliance management in Europe
owing to increase in online public safety
applications to carry out video surveillance
activities and rise in image and video sharing,
as well as an increase in demand for unmanned
vehicles, have made the region a highly lucrative
market for vendors of public safety solutions.
The market in North America is expected to grow
at the highest CAGR from 2019 to 2024. The growth
of the PS-LTE market in North America is mainly
driven by increase in the instances of terrorist
attacks and the occurrence of natural calamities
such as floods, cyclones, forest fires, and
earthquakes, and cyberattacks in the region.
5
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6
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Info https//www.marketsandmarkets.com/PressRelea
ses/public-safety-lte.asp
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