Questions? +1 (202) 335-3939 Login
Trusted News Since 1995
A service for energy industry professionals · Thursday, January 30, 2025 · 781,784,560 Articles · 3+ Million Readers

Public Safety LTE Market Drivers Shaping Future Growth, Revenue $70.44 Billion by 2028 | CAGR 24.9%

Public Safety LTE

Public Safety LTE Market

The growth of the public safety LTE market in North America is driven by increase in terrorist attacks; occurrence of natural disasters such as floods

WILMINGTON, NEW CASTLE, DE, UNITED STATES, January 30, 2025 /EINPresswire.com/ -- The global 𝐏𝐮𝐛𝐥𝐢𝐜 𝐒𝐚𝐟𝐞𝐭𝐲 𝐋𝐓𝐄 𝐌𝐚𝐫𝐤𝐞𝐭 𝐒𝐢𝐳𝐞 was valued at $12.00 billion in 2020, and is projected to reach $70.44 billion by 2028, registering a CAGR of 24.9% from 2021to 2028. Networks play a vital role in public infrastructure and safety facilities, as the consumer technologies are developed with newer devices and applications. Public safety networks are used by governments, police authorities, fire departments, healthcare agencies, and other public bodies for communication and public service announcements.

𝐃𝐨𝐰𝐧𝐥𝐨𝐚𝐝 𝐒𝐚𝐦𝐩𝐥𝐞 𝐑𝐞𝐩𝐨𝐫𝐭 (𝐆𝐞𝐭 𝐅𝐮𝐥𝐥 𝐈𝐧𝐬𝐢𝐠𝐡𝐭𝐬 𝐢𝐧 𝐏𝐃𝐅 - 320 𝐏𝐚𝐠𝐞𝐬) 𝐚𝐭: https://www.alliedmarketresearch.com/request-sample/A11868

Public safety networks are required to be completely reliable and functional to manage or prevent a possible disaster and catastrophe. LTE networks provide faster speed and lower latencies than their previous generation counterparts.

𝐓𝐡𝐞 𝐤𝐞𝐲 𝐩𝐥𝐚𝐲𝐞𝐫𝐬 𝐩𝐫𝐨𝐟𝐢𝐥𝐞𝐝 𝐢𝐧 𝐭𝐡𝐢𝐬 𝐫𝐞𝐩𝐨𝐫𝐭 𝐢𝐧𝐜𝐥𝐮𝐝𝐞

Motorola Solutions, Inc.,
AT&T INC.,
HUAWEI TECHNOLOGIES CO., LTD.,
General Dynamics Corporation,
Nokia Corporation,
Hytera Communications Corporation Limited,
Cobham Limited,
L3Harris Technologies, Inc.,
Airbus SE,
Bittium

𝐁𝐮𝐲 𝐍𝐨𝐰 & 𝐆𝐞𝐭 𝐄𝐱𝐜𝐥𝐮𝐬𝐢𝐯𝐞 𝐃𝐢𝐬𝐜𝐨𝐮𝐧𝐭 𝐨𝐧 𝐭𝐡𝐢𝐬 𝐑𝐞𝐩𝐨𝐫𝐭 :https://www.alliedmarketresearch.com/public-safety-lte-market/purchase-options

In 2020, by type, the infrastructure segment garnered the major share of the global public safety LTE industry and is expected to maintain its dominance in the upcoming years, owing to the developments such as higher data transfer rates and improved spectral performance. In addition, surge in demand for LTE public safety infrastructure is expected to drive the growth of the market in the coming years. The consulting services associated LTE technologies help in gaining knowledge of technologies, which is driving the growth of the market. Moreover, advancements in LTE technologies and adoption of various deployments are providing ample opportunities for the growth of the public safety LTE market trends.

The current estimation of 2027 is projected to be higher than pre-COVID-19 estimates. In terms of public safety LTE market growth, the public safety LTE market size is expected to take a hit during the forecast period. This is primarily attributed to the global lockdown, which has caused OEM supply chains to be disrupted and facilities to shut down.

𝐆𝐞𝐭 𝐂𝐮𝐬𝐭𝐨𝐦𝐢𝐳𝐞𝐝 𝐑𝐞𝐩𝐨𝐫𝐭𝐬 𝐰𝐢𝐭𝐡 𝐲𝐨𝐮’𝐫𝐞 𝐑𝐞𝐪𝐮𝐢𝐫𝐞𝐦𝐞𝐧𝐭𝐬: https://www.alliedmarketresearch.com/request-for-customization/A11868

Owing to these interruptions created by the COVID-19 pandemic and social distancing conventions during this period, OEMs found it difficult to locate vendors ready to provide as the manufacturing facilities were shut down. As a result, current and future deployments were disrupted. For instance, Swedish telecommunications service provider and manufacturer, Ericsson claimed that the COVID-19 pandemic has impacted its sales and service delivery as a result of government-imposed lockdowns and travel restrictions to combat the outbreak's impacts.

𝐈𝐧𝐪𝐮𝐢𝐫𝐲 𝐁𝐞𝐟𝐨𝐫𝐞 𝐁𝐮𝐲𝐢𝐧𝐠: https://www.alliedmarketresearch.com/purchase-enquiry/A11868

𝐊𝐞𝐲 𝐅𝐢𝐧𝐝𝐢𝐧𝐠𝐬 𝐨𝐟 𝐓𝐡𝐞 𝐒𝐭𝐮𝐝𝐲:

By type, in 2020, the infrastructure segment is estimated to be the major shareholder. However, the services segment is expected to witness highest growth rate during the forecast period.

Depending on infrastructure, the evolved UMTS terrestrial radio access network (E-UTRAN) segment accounted for the highest revenue in 2020, however, the evolved packet core (EPC) segment is expected to witness highest growth during the forecast period.

On the basis of service, the consulting services segment generated the highest revenue in 2020, however, the maintenance segment is expected to witness highest growth during the forecast period.

On the basis of deployment model, the commercial LTE segment accounted for the highest revenue in 2020, however, the private LTE segment is expected to witness highest growth rate during the forecast period.

On the basis of end user, the public safety agencies segment accounted for the highest revenue in 2020, however, the utilities segment is expected to witness highest growth rate during the forecast period.

Region wise, the public safety LTE market share was dominated by Europe. However, Asia-Pacific is expected to witness significant growth in the upcoming years.

𝐎𝐭𝐡𝐞𝐫 𝐓𝐫𝐞𝐧𝐝𝐢𝐧𝐠 𝐑𝐞𝐩𝐨𝐫𝐭𝐬:

Passive Authentication Market - https://www.prnewswire.com/news-releases/passive-authentication-market-to-reach-4-09-billion-globally-by-2027-at-22-7-cagr-allied-market-research-301326742.html

Online Smartphone and Tablet Games Market - https://www.prnewswire.com/news-releases/online-smartphone-and-tablet-games-market-to-reach-149-93-bn-globally-by-2027-at-21-8-cagr-allied-market-research-301222015.html

Software Defined Networking Market - https://www.prnewswire.com/news-releases/software-defined-networking-market-to-generate-72-63-bn-by-2027--at-28-2-cagr-amr-301164732.html

David Correa
Allied Market Research
+ 1 800-792-5285
email us here
Visit us on social media:
Facebook
X
LinkedIn
YouTube

Powered by EIN Presswire

Distribution channels: IT Industry, Technology

Legal Disclaimer:

EIN Presswire provides this news content "as is" without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the author above.

Submit your press release