Global Public Safety LTE Market Expected to Reach XX Million by 2025
According to a new report published by Reports Monitor titled, “Public Safety LTE Market By Infrastructure, Services, Deployment Model & Applications: Global Opportunity Analysis and Industry Forecast, 2017–2025,” the Public Safety LTE Market was valued at XX million in 2016, and is projected to reach at XX million by 2025, growing at a CAGR of XX% from 2017 to 2025.
The public safety LTE market for end-use devices is projected to grow at the highest CAGR during the forecast period. The high growth rate can be attributed to the demand for end-use devices. It is due to rising demand from the implemented public safety LTE networks during the forecast period. Interoperable devices will dominate the market for years to come. Companies manufacturing end-use devices that are interoperable with LMR will benefit.
Law enforcement and border control comprises of agencies for instance police and military. Broadband in public safety gives law enforcement the benefit to access information, stream video and collaborate in real time. Law enforcement and border control remains the major application of public safety LTE. Life-saving information is safely transmitted between control centers and responders on the field but public safety agencies require more and more broadband services for that.
Europe had the largest share of the overall public safety LTE market in past. The establishment of emergency services network (ESN) in Europe is driving the growth of the market.
The market for hybrid LTE is expected to grow at the highest rate during the forecast period. Higher reliability and lower cost are the reasons which are expected to drive the market for hybrid LTE during the forecast period.
Key Questions Answered:
• What will be the market size in 2025 and at what rate it will grow?
• What trends, barriers, challenges are influencing its growth?
• Who are the major key players in global Public Safety LTE market and what are their strategies?
• What are the factors driving the global Public Safety LTE Market?
• Which vertical industry is expected to show major growth?
• What segment and region will lead the market and why?
The major companies profiled in the report include: Airbus SE, AT&T Inc., Bittium Corporation, Cisco Systems, Inc., Cobham Plc, Ericsson AB, General Dynamics Corporation, Motorola Solutions, Inc., Nokia Corporation and Samsung Electronics.
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