MRFR Press Release/- Market Research Future published a half cooked research report on Global LTE for critical communication market.
Market Highlights
The Global LTE for Critical Communication Market size is expected to reach USD 30.9 billion by 2032, growing at a CAGR of 14.32% during the forecast period 2024-2032.
The LTE for critical communication is trending in the North American region. The growing requirement of critical communications such as public safety, and disaster emergency service, are propelling the market growth of LTE for critical communication in coming years. The deployment of LTE technology for mobile broadband services such as video transmission and voice transmission offers critical communication network with maximum availability, high levels of coverage, low redundancies and fault-tolerant. The companies such as Qualcomm Technologies Inc., Motorola, Inc. are providing 4G technology, TETRA, P25 technologies, to offers best service to their customers based on a seamless integrated technology platform with flexibility in communications. In 2017, ETELM is leading manufacturer of advanced Mission Critical communications infrastructures, and Nemergent solution, a working group of interoperable emergency communications solutions are collaborating on Critical Push-to-Talk solution for critical communications over TETRA and LTE to provide broadband services with LTE technology.
In North America, the LTE for critical communication demand is growing as it is integrated with broadband data video services in mobility and critical voice communication. These broadband data video and voice services helps to share information for Public Safety. The prominent companies such as Qualcomm Technologies Inc. (U.S), Motorola, Inc. (U.S), are providing LTE for critical communication solution to improve the performance of network connectivity at reduced cost.
The global LTE for critical communication market is growing at a CAGR of approximately 16.40% and is expected to reach at USD 26.8 billion by the end of forecast period.
Taste the market data and market information presented through more than 30 market data tables and figures spread over 100 numbers of pages of the project report. Avail the in-depth table of content TOC & market synopsis on “The Global LTE for Critical Communication Market Research Report -Forecast to 2030”.
LTE for Critical Communication Market Segmentation
The global LTE for critical communication market is segmented on the basis of component, technology, end users and region. The component segment is sub-segmented into hardware, software, and solutions. The technology is segmented into Digital mobile radio, PowerTrunk25 (P25), LTE-Advanced, terrestrial trunked radio (TETRA) and others. The application is segmented into IT & telecommunication, government & defense, aerospace, transportation, utilities, oil & gas and others. The region includes North America, Europe, Asia Pacific and the rest of the world.
Market Research Analysis
Geographically, the global LTE for critical communication market is studied in the different regions as Americas, Europe, Asia Pacific and Rest of world. It has been observed that North America region is leading with market share growth in the LTE for critical communication market. The LTE for critical communication are gaining huge demand due to its high reliability and efficiency which is best suited for public safety. In this market, Europe is estimated to hold the second largest market share for LTE for critical communication during the forecast period as the prominent player such as Sepura plc. (U.K), Rohill Technologies B.V. (The Netherlands), Teltronic S.A. (Spain), are leading providers of LTE for critical communication solutions and continuing to invest in improvement of these technology such as TETRA and P25 technology for the improvement of LTE for critical communication services.
Asia-Pacific is expected to forecast the highest CAGR in the coming years is due to the advancement in technology and company such as Huawei Technologies Co. Ltd., Motorola solution are investing availing the capabilities of public safety networks in the Asia Pacific regions.
Key Players
The prominent players in the global LTE for critical communication market are – Sepura plc. (U.K), Rohill Technologies B.V. (The Netherlands), Samsung Group (South Korea), Nokia Corporation (Finland), Teltronic S.A. (Spain), Softil Ltd. (Israel), Qualcomm Technologies Inc. (U.S), Ericsson (Sweden), Motorola, Inc. (U.S), Telstra Corporation Ltd (Australia) and Huawei Technologies Co. Ltd. (China).
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Report details
| Companies Covered | 15 |
| Pages | 100 |
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