Critical Communication Market – Analysis, Growth, Forecast to 2024

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MarketsandMarkets Presents

Critical Communication Market Analysis, Growth,
Forecast to 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-Rep
orts/critical-communication-market-95862445.html
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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. High demand
for critical communication solutions from diverse
industries such as public safety, transportation
medical, advanced features of critical
communication network, and increasing need to
modernize old equipment are the major driving
factors for the markets growth during the
forecast period. Need for reliable and
high-quality public safety communication systems
and standardization of infrastructure platforms
is expected to offer tremendous growth
opportunities in the near future. Browse 62
market data Tables and 43 Figures spread
through 147 Pages and in-depth TOC on "Critical
Communication Market - Global Forecast to 2024"
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Public safety to dominate critical communication
market (in terms of share) during the forecast
period The public safety vertical is a major
adopter of critical communication systems. Public
safety is one of the most important
responsibilities of any government it involves
protecting individuals from crimes and natural
disasters. An effective public safety mechanism
involves disaster management and coordination
between organizations such as law enforcement and
border control, firefighters, emergency medical
services. Effective communication is imperative
for these organizations while dealing with any
natural or man-made disaster. Various agencies
provide emergency and rescue services and
ensuring public safety. Ask PDF
Brochure https//www.marketsandmarkets.com/pdfdow
nloadNew.asp?id95862445 Critical communication
market for LTE technology to grow at the highest
CAGR from 2019 to 2024 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.
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Service offerings to grow at higher CAGR in
critical communication market during the forecast
period Services play a crucial role in the growth
of the critical communication market. Integration
services comprise network-related services that
include planning, design, installation, and
implementation of networks. Increasing instances
of threats and cyberattacks and the emergence of
sophisticated attacks are forcing several
organizations and government organizations to
upgrade their communications systems
consistently. In addition, new networks also pose
significant challenges for governments regarding
management and operations. Request Free Sample
Pages https//www.marketsandmarkets.com/requestsa
mpleNew.asp?id95862445 The global market for
maintenance services is highly fragmented and
comprises players from diverse backgrounds,
ranging from specialized managed security
services (MSS) providers to telecommunication
companies, system integrators, and value-added
resellers. Providers of consulting services are
responsible for identifying and mitigating risks
effectively and efficiently. As a result, the
service offerings expected to grow with higher
CAGR during the forecast period.
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APAC to grow at the highest CAGR in critical
communication market during the forecast
period APAC is witnessing a surge in the smart
city projects, which is creating a demand for
critical communication technologies, such as
surveillance technology, scanning, and critical
communication networks. To combat the
ever-growing incidents of terrorism and natural
disasters, countries in APAC are increasing their
spending on the adoption of security solutions.
In recent years, APAC has witnessed tremendous
economic growth, political transformation, and
social change. Organizations in APAC are expected
to invest heavily in deploying critical
communication systems to deal with terrorist
breaches and natural disasters, as well as in
verticals such as transportation, public safety,
mining, and utilities to ensure safety and
security. Moreover, various ongoing projects,
such as metro and railway communication projects,
in India, China, and South Korea, are
contributing to the growth of the market in
APAC. Key players in the market include 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).
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