Public Safety LTE Market set for 25.7% CAGR Explosive Growth to 2023 led by Hybrid LTE Deployment Model

PUNE, India, September 18, 2017 /PRNewswire/ --

Public Safety LTE market is forecast to reach $3,091.3 million by 2023 from $782.9 million in 2017 at a CAGR of 25.7% during (2017-2023) driven by the government initiatives toward public safety, interoperability concerns, and rising demand for unmanned operations and remote surveillance says a newest report added to online store of ReportsnReports.com.

Browse 62 Market Data Tables and 44 Figures spread through 134 Pages and in-depth TOC on "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" http://www.reportsnreports.com/reports/1187512-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.html.

The public safety LTE market is driven by the government initiatives on citizen safety and increasing expenditures on public safety and security. The 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 report profiles the key players in public safety LTE market. The major companies profiled in this section 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. Ltd. (China).

Inquire for Discount on 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 research report at http://www.reportsnreports.com/contacts/discount.aspx?name=1187512.

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.

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.

Make an Inquiry on "Public Safety LTE Market Global Forecast to 2023" research report at http://www.reportsnreports.com/contacts/inquirybeforebuy.aspx?name=1187512.

In the process of determining and verifying, the market size for several segments and sub segments gathered through secondary research, extensive primary interviews were conducted with key people. In Tier 1 (72%), Tier 2 (14%) and Tier 3 (14%) companies were contacted for primary interviews. The interviews were conducted with various key people such as C-Level (86%) and Managers (14%) from various key organizations operating in the public safety LTE market. The primary interviews were conducted worldwide covering regions such as North America (72%), Europe (14%), and Asia-Pacific (14%).

Europe is expected to lead the public safety LTE market between 2017 and 2023. The key restraining factor for the growth of 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.

Another research titled Machine-to-Machine (M2M) Connections Market Global Forecast to 2023 says, this market is expected to be worth $27.62 billion by 2023, growing at a CAGR of 4.6% from 2017 to 2023. Wireless technologies are expected to grow at the highest CAGR from 2017 to 2023. M2M connections for the automotive and transportation sector held the largest market share in 2016. M2M connections market in Asia Pacific expected to grow at the highest rate. Companies such as AT&T, Inc. (US), Cisco Systems, Inc. (US), Huawei Technologies Co., Ltd. (China), NXP Semiconductors N.V. (Netherlands), Texas Instruments Incorporated (US), Intel Corporation (US), Gemal to N.V. (Netherlands), Vodafone Group PLC (UK), Murata Manufacturing Co., Ltd. (Japan), U-blox Holding AG (Switzerland), Fanstel Corporation (US), Commsolid GmbH (Germany) have been profiled in this 148 pages research report available at http://www.reportsnreports.com/reports/409314-machine-to-machine-m2m-connections-market-by-technology-wired-wireless-industry-healthcare-utilities-retail-consumer-electronics-automotive-transportation-security-surveillance-others-and-by-geography-forecast-to-2020.html.

Explore more reports on Semiconductor and Electronics Market at http://www.reportsnreports.com/market-research/semiconductor-and-electronics/.

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