DUBLIN, October 5, 2017 /PRNewswire/ --
The "Public Safety LTE Market by Infrastructure (E-UTRAN, EPC), Services (Consulting and Integration), Deployment Model (Private, Hybrid), Applications (Law Enforcement, Firefighting Services), and Region - Global Forecast to 2023" report has been added to Research and Markets' offering.
The global public safety LTE market is expected to be valued at USD 3,091.3 Million by 2023, growing at a CAGR of 25.7% between 2017 and 2023. The market in 2017 was estimated to be USD 728.9 million. The government initiatives toward public safety, interoperability concerns, and rising demand for unmanned operations and remote surveillance is propelling the growth of the market for infrastructure and services.
This research report categorizes the overall public safety LTE market based on infrastructure and services, deployment model, application, and geography. The market for law enforcement and border control is expected to hold the largest size by 2023. The high number of users in this segment is the major reason for a high 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.
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.
Law enforcement and border control include 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.
Europe accounted for the largest share of the overall public safety LTE market in 2016. 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 than commercial LTE and lower cost as compared to private LTE are the reasons that are expected to drive the market for hybrid LTE between 2017 and 2023.
Spectrum scarcity is a major restraint for this market, with the usable frequency spectrum extending from ~3 kHz to ~300 GHz only; network planning and spectrum management cannot be neglected.
- Airbus Se
- AT&T Inc.
- Bittium Corporation
- Cisco Systems, Inc.
- Cobham Plc
- Ericsson Ab
- General Dynamics Corporation
- Hytera Communications Corporation Limited
- Kyocera Corporation
- Leonardo - Societ Per Azioni
- Mentura Group Oy
- Motorola Solutions, Inc.
- Nokia Corporation
- Samsung Electronics Co., Ltd.
- Sonim Technologies Inc.
Key Topics Covered:
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Market Overview
6 Industry Trends
7 Public Safety Lte Market, By Infrastructure And Services
8 Public Safety Lte Market, By Deployment Model
9 Public Safety Lte Market, By Application
10 Geographic Analysis
11 Competitive Landscape
12 Company Profiles
For more information about this report visit https://www.researchandmarkets.com/research/c3chxw/public_safety_lte
Laura Wood, Senior Manager
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SOURCE Research and Markets