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Public Safety LTE Market by Infrastructure, Services, Deployment Model, Applications And Region - Global Forecast to 2023

Public Safety LTE Market: Global Forecast until 2023

  • September 2017
  • 136 pages
  • ID: 5108759
In this report:
This high growth of the public safety LTE market in MEA is generated from the law enforcement and border control application segment which accounted for a share of ~##% of the public safety LTE market in 2016 and is expected to grow at the highest CAGR of ##.##% between 2017 and 2023.
In 2016, the law enforcement and border control dominated the market with a share of ##.##% and is expected to reach USD ##.## million by 2023, growing at a CAGR of ##.##% between 2017 and 2023.

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"The global public safety LTE market is anticipated to rise at a CAGR (Compound annual growth rate) of 25.70 percent"

The global public safety LTE market is anticipated to be valued at $782.90M in 2017 and is projected to extend $3091.30M by 2023, increasing at a compound annual growth rate (CAGR) of 25.70 percent between 2017 and 2023. The government initiatives toward public safety, interoperability concerns, and increasing demand for unmanned operations and remote surveillance is driving the public safety LTE market for infrastructure and services. The top restraining factor for the increase ot the public safety LTE market is the limited availability of spectrum. For communication purposes, the usable frequency spectrum extends from ~3 kHz to ~300 GHz only.

"The public safety LTE market for end-use devices is anticipated to grow at the highest CAGR (Compound annual growth rate) during the outlook period"

The public safety LTE market for end-use devices is expected to grow at the highest compound annual growth rate (CAGR) during the estimate period. The high increase rate can be accredited to the demand for end-use devices arising from the implemented public safety LTE networks during the outlook period. Interoperable devices will rule the sector for at least a decade. Firms manufacturing end-use devices that are interoperable with LMR or TETRA network will be benefitted the most.

"Law enforcement and border control is forecasted to hold the main share of public safety LTE applications"

Law enforcement and border control includes agencies including police and military. Broadband in public safety contributes law enforcement the advantage to access information, stream video, and collaborate in real time. Law enforcement and border control remains the biggest application of public safety LTE. The high number of users in this industry segment is the main reason for a higher share of this application in the said market. The government initiatives on citizen safety and growing expenditures on public safety and security are forecast to steer this sector.

In the process of finding out and checking the market value for various segments and sub-segments collected by secondary research, extensive primary audit sessions have been managed with main people in the public safety LTE market. The break-up of primary participants for the industry report has been shown below:

• By Company category: Tier I = 72 %, Tier II = 14.0 percent, and Tier III = 14.0 percent

• By Description: C-suite executives = 86.0 percent and Managers = 14.0 percent

• By Area: North America continent = 72.0 percent, Europe (EU) = 14.0 percent, and Asia-Pac = 14.0 percent

The report also profiles the top actors in this industry. The main firms profiled in this part are General Dynamics Corporation, Airbus SE, Motorola Solutions, Incorporated, Cobham PLC, Nokia Corporation, Bittium Corporation, Samsung Electronics Corporation Limited, Cisco Systems (NASDAQ:CSCO), Ericsson AB, AT&T Inc., Mentura Group OY, Sonim Technologies Inc., Kyocera Corporation, Leonardo-Societa Per Azioni, and Hytera Communication Co. Ltd..

Segment Research

This market research classifies the global public safety LTE market established on infrastructure and services, deployment model, application, and area. The study discusses the main drivers, industry restraints, opportunities, and possibilities pertaining to the market, as well as the value chain review.

Reasons to Buy the Report

The analysis would benefit competitors/new sector entrants in this sector in these ways:

1. This document breaks down the public safety LTE market comprehensively and offers the closest industry size estimation for sub-segments across different areas.

2. The market research would benefit partners distinguish the pulse of the sector and offer them with info on key market drivers, market restraints, opportunities, and alternatives for industry growth.

3. This industry report would benefit partners comprehend their players better and acquire additional insights to enhance their rank in the business sector. The competitive outlook section includes the info on the players' ecosystem, new product or service launches, acquisitions, alliances, strategic agreements, contracts, and collaborations.

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