Public Safety LTE Market Research Report 2017 of 134 pages explores Global Public Safety LTE Market reaching $3,091.3 million by 2023. Report provides Public Safety LTE Market Size, Share, Manufacturers, Statistics, Opportunities and Industry Forecast to 2023. The global Public Safety LTE market is estimated to grow at a CAGR of 25.7% between 2017 and 2023.
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Public Safety LTE Company analysed in report are General Dynamics Corporation (US), Airbus SE (Netherlands), Motorola Solutions, Inc. (US), Cobham PLC (UK), Nokia Corporation (Finland), Bittium Corporation (Finland), Samsung Electronics Corporation Limited (South Korea), Cisco Systems, Inc. (US), Ericsson AB (Sweden), AT&T Inc. (US), Mentura Group OY (Finland), Sonim Technologies Inc. (US), Kyocera Corporation (Japan), Leonardo-Societa Per Azioni (Italy), and Hytera Communication Co.
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“The Public Safety LTE market is estimated to witness significant growth between 2017 and 2023”
Growth of Public Safety LTE market is boosted by factors such as the government initiatives toward public safety, interoperability concerns, and rising demand for unmanned operations and remote surveillance
“The public safety LTE market for end-use devices is expected to grow at the highest CAGR during the forecast period”
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 arising from the implemented public safety LTE networks during the forecast period.
Interoperable devices will rule the market for at least a decade. Companies manufacturing end-use devices that are interoperable with LMR or TETRA network will be benefitted the most.
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“Law enforcement and border control is expected to hold the major share of public safety LTE applications”
Law enforcement and border control includes agencies such as police and military. Broadband in public safety gives law enforcement the advantage to access information, stream video, and collaborate in real time.
Law enforcement and border control remains the largest application of public safety LTE. The high number of users in this segment is the major reason for a higher share of this application in the said market.
The government initiatives on citizen safety and increasing expenditures on public safety and security are expected to drive this market.
In the process of determining and verifying the market size for several segments and sub segments gathered through secondary research, extensive primary interviews have been conducted with key people in the public safety LTE market. The break-up of primary participants for the report has been shown below:
- By Company Type: Tier I = 72 %, Tier II=14%, and Tier III = 14%
- By Designation: C-Level Executives = 86% and Managers=14%
- By Region: North America= 72%, Europe = 14%, and APAC =14%
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Research Coverage: This research report categorizes the overall public safety LTE market based on infrastructure and services, deployment model, application, and geography. The report discusses the major drivers, restraints, challenges, and opportunities pertaining to the market, as well as the value chain analysis.