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Attractive Opportunities in Critical Communication Market

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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%. – PowerPoint PPT presentation

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Title: Attractive Opportunities in Critical Communication Market


1
MarketsandMarkets Presents

Attractive Opportunities in Critical
Communication Market 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.co
m/Market-Reports/critical-communication-market-958
62445.html
2
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 markets growth during the
forecast period. Owing to factors such as the
critical communication infrastructure includes
group calling, rapid voice call setup, and
high-quality audio and video. Complex systems
incorporating trunking and digital capabilities
enable multiple features, such as video
conferencing and real-time HD videos. Also,
modern critical communication networks have
state-of-the-art features such as multi-network
operation with spectrum sharing techniques,
network security capabilities, temporary
deployable systems, and quality of
services. Browse 62 market data Tables and 43
Figures spread through 147 Pages and in-depth TOC
on "Critical Communication Market - Global
Forecast to 2024"
3
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. Ask PDF Brochure https//www.marketsandm
arkets.com/pdfdownloadNew.asp?id95862445 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.
4
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. Request Free
Sample Pages https//www.marketsandmarkets.com/re
questsampleNew.asp?id95862445 Key Market
Players Motorola Solutions (US), Ericsson
(Sweden), Nokia (Finland), Huawei (China), ATT
(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).
5
Among industries, the communication segment
accounted for the largest share of the embedded
system market in 2019 The communication segment
accounted for the largest share of the embedded
system market in 2019. Embedded systems are used
in routers, Ethernet devices, wireless
infrastructures, and protocol converters for
high-speed data transfer to support the expanding
communication infrastructures. Embedded hardware
such as FPGA and ASIC are being used in various
network and telecom applications. APAC is
projected to hold the largest share of the
embedded system market in 2025 APAC is expected
to hold the largest share of the embedded system
market in 2025. The growing per capita income and
ongoing large-scale industrialization and
urbanization are factors driving the growth of
the embedded system market in this region. In
addition, the availability of low-cost electronic
products in APAC is expected to contribute to an
increased demand for microprocessors and
microcontrollers in the region. The rising use of
autonomous robots and embedded vision systems is
also projected to lead to an increased demand for
embedded system hardware such as microprocessors
and controllers for use in industrial
applications in APAC. Intel (US), Renesas
(Japan), STMicroelectronics (Switzerland), NXP
Semiconductors (Netherlands), Texas Instruments
(US), Microchip (US), Cypress Semiconductors
(US), Qualcomm (US), Analog Devices (US), and
Infineon Technologies (Germany) are the key
players operating in the embedded system market.
6
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7
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INC. 630 Dundee Road Suite 430 Northbrook, IL
60062 USA 1-888-600-6441 For More
Info https//www.marketsandmarkets.com/PressRelea
ses/critical-communication.asp
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