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Wireless Broadband Market by 2023 Key players Airbus DS Communications, AT&T Inc., Ericsson AB, Harris Corporation, Huawei Technologies Co. Ltd., Motorola Solutions Inc., Nokia, Tait Ltd

01-29-2019 07:37 PM CET | IT, New Media & Software

Press release from: Allied Market Research

Wireless Broadband Market by 2023 Key players Airbus DS

The mobile segment is on high demand in the wireless broadband in public safety market, due to upsurge in mobile device used by several mobile end users including rapid action force, rescue operators, fire-fighters, and others. Moreover, improved network connectivity between portable sources and enhanced network flexibility with fast broadband connection have augmented mobile wireless broadband in public safety market growth.

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The wireless broadband in public safety market was valued at $16,194 million in 2016 and is projected to reach $25,083 million by 2023, growing at a CAGR of 6.5% from 2017 to 2023.

"The department of police was the highest contributor in 2016, accounting for around 48.7% share of the global market, due to strong demand for wireless network and high-quality encryption for the police personnel to optimize their infield response and safety services. Moreover, video surveillance and monitoring application in the wireless broadband in public safety market is expected to witness highest growth rate, owing to increased demand for crowd management during disastrous and accidental situations across North America, Europe, and Asia-Pacific."

North America was the largest market in the wireless broadband in public safety industry for 2016, owing to increase in adoption of wireless broadband for public safety applications, such as video surveillance, GIS, and radio communication. In addition, there has been growth in adoption of advanced wireless products in public safety applications in the European region due to advancement in communication technology and surge in demand for mission-critical information.

Growth in adoption of several video analytics tools and modeling analysis, communication networks, such as fiber optics, wireless broadband, cable modem, and some others, is on the rise, owing to cascading effect of information sharing and data handling applications for public safety purpose. This is anticipated to give substantial boost to video surveillance and monitoring application of the market in public safety management.

Based on the geography, the wireless broadband in public safety market is segmented into four major regions, namely, North America, Europe, Asia-Pacific, and LAMEA. North America was the highest revenue contributor in 2016, accounting for around 32.8% share of the overall wireless broadband in public safety market size. The Asia-Pacific market is projected to grow at the highest CAGR of 8.0% during the forecast period, driven by rise in adoption of advanced connected devices and integrated sensors in the telecommunication industry.

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The report features a competitive scenario of the wireless broadband in the public safety market and provides comprehensive analysis of key growth strategies adopted by major players.

Key players profiled in the study are

•Airbus DS Communications
•AT&T Inc.
•Ericsson AB
•Harris Corporation
•Huawei Technologies Co. Ltd.
•Motorola Solutions Inc.
•Nokia
•Tait Ltd.
•Verizon Communications Inc.
•ZTE Corporation.

These players are involved in competitive strategies including geographical expansion, mergers & acquisitions, product portfolio expansion, and partnership to augment the growth of the wireless broadband network in public safety market.

Similar Report:

Virtual Router Market: Global Opportunity Analysis and Industry Forecast, 2017-2023@ https://www.alliedmarketresearch.com/virtual-router-market

About Us:

Allied Market Research (AMR) is a full-service market research and business consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

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