Press release
Wireless Broadband in Public Safety Market Size Expected to Reach USD 127.71 Billion by 2030 | Top Players such as - Huawei, Verizon and ZTE
According to the report published by Allied Market Research "The Wireless Broadband in Public Safety Market Size Expected to Reach USD 127.71 Billion by 2030 | Top Players such as - Huawei, Verizon and ZTE." These players have adopted different strategies such as new product launches collaborations expansion joint ventures agreements and others to increase their market share and maintain dominant shares in different regions.Rise in adoption of connected devices & integrated sensors and growth in concern of security & public safety drive the growth of global wireless broadband in public safety market. In addition, advancements in communication technology and the increase in demand for cost-effective & real-time information fuels market growth. However, slow development rate of telecom infrastructure in underdeveloped nations restricts the market wireless broadband in public safety market growth. Conversely, the increase in government expenditure toward public safety applications and surge in adoption of smart devices in telecommunication networks are expected to offer lucrative growth opportunities for the market during the forecast period.
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The global wireless broadband in public safety market is segmented on the basis of system, application, end user, and region. Depending on the system, it is divided into mobile wireless broadband and fixed wireless broadband. According to application, it is classified into video surveillance and monitoring, automatic vehicle tracking, real-time incident management, geographic information system (GIS), public control and management, and others. As per end user, it is categorized into police department, fire department, emergency medical service providers, and others. Region wise, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
Mobile wireless broadband segment acquired the major share in the wireless broadband in public safety market. Upsurge in mobile device use by many mobile end-users including rapid action force, rescue operators, fire-fighters, and others is expected to boost mobile wireless broadband in public safety market in several major geographic regions such as North America, Europe, Asia-Pacific, and Latin America.
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Region wise, the wireless broadband in public safety market size was dominated by North America in 2020 and is expected to retain its position during the forecast period, due to the presence of large number of broadband subscribers in the U.S. and Canada. However, Asia-Pacific is expected to witness significant growth during the forecast period, owing to rise in number of number of subscribers in the key regional markets such as China, India, Japan, and South Korea.
The global wireless broadband in public safety market analysis includes major players, including AT&T Intellectual Property, Huawei Technologies Co., Ltd., L3Harris Technologies, Inc., Motorola Solutions, Inc., Nokia Corporation, Sierra Wireless, Tait Communications, Telefonaktiebolaget LM Ericsson, Verizon, and ZTE Corporation. These players have adopted various strategies to increase their market penetration and strengthen their position in the wireless broadband in the public safety industry.
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Covid-19 Scenario:
● COVID-19 pandemic impacted the overall economy and wireless broadband market. In addition, with increase in demand for faster internet connectivity among rural & younger population, various governments and NGO initiate the service of wireless broadband among these segments.
● NGOs are trying to implement wireless broadband in rural areas to increase the interaction of tribal people with the rest of the world.
● Increase in digitalization and work from home business model, police officers & firefighters can connect with their offices and respond instantly with fast wireless broadband connection in remote areas.
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