Critical Communication Market Report by Size, Trend & Global Forecast 2024 - PowerPoint PPT Presentation

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Critical Communication Market Report by Size, Trend & Global Forecast 2024

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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%. 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. – PowerPoint PPT presentation

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Title: Critical Communication Market Report by Size, Trend & Global Forecast 2024


1
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.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. 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. 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.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. 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/requestsa
mpleNew.asp?id95862445 Key Market Players 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).
5
  • 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 companys 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?

6
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7
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