Mission Critical Communication Market Emerging Growth Analysis, Future Demand and Business Opportunities 2028

The "Mission Critical Communication Market" is expected to grow from US$ 17,031.56 million in 2022 to US$ 27,876.68 million by 2028; it is estimated to grow at a CAGR of 8.6% from 2022 to 2028.

The increasing use of connected devices and surged demand for a dependable network during emergencies fuel the performance of the mission critical communication industry. Mission critical communication devices can operate effectively in situations where commercial or conventional communication networks do not operate. The public, enterprise, industrial, and government sectors require ultra-reliability, low latency, or high bandwidth capabilities, which are the major factors contributing to the mission critical communication market growth.

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Companies Profiled in this report includes:

• Ascom
• Hytera Communication Corporation Limited
• Huawei Technologies Co. Ltd.
• L3Harris Technologies, Inc.
• Motorola Solutions, Inc.
• Mentura Group OY
• Nokia Corporation
• Telefonaktiebolaget LM Ericsson
• Tassta GmbH
• Zenitel

In terms mission critical communication market share, the Asia Pacific is expected to be the fastest-growing during the forecast period. Public safety organizations across APAC are exploring how to use video communications technology to enhance customer service, better manage checks, and perform virtual control. Singapore, Thailand, and other countries are actively integrating mission critical communication solutions across their government agencies and prisons to enhance the security across the infrastructures. Additionally, the integration of mission critical communication solutions across the transportations sector has increased across the region which also boosted the mission critical communication market.

China is one of the highest spenders in the defense sectors across the globe. These defense budgets of the country are utilized for the procurement of advanced military vehicles, navigation, and communication systems for remote locations. Additionally, the country has significantly emphasized on public safety over the last decade with mass surveillance program being one of the most well-known public safety initiatives undertaken by the government. It was estimated that around 200 million monitoring CCTV cameras were deployed in China under surveillance program.

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Mission Critical Communication Market Segmentation:

By Component:
• Hardware
• Software
• Services

By Technology:
• Land Mobile Radio (LMR)
• Long Term Evolution

By Vertical:
• Public Safety and Government Agencies
• Transportation
• Energy and Utilities
• Mining

In March 2022, the Philippine National Railways (PNR) incorporated an advanced video surveillance system obtained from Motorola Solutions to continue operating safely amid the COVID-19 pandemic and improve the rail operator's long-term security and flexibility. Even though the technology was initially installed to detect potential safety issues, such as damage to boom gate barriers, it has given the rail operators the upper hand in detecting and controlling the potential reasons for the spread of COVID-19 throughout its operations. The solution integrates 200 HD cameras with cutting-edge AI-powered video analytics throughout all PNR's train stations. The above-mentioned scenario of having advanced MCX would contribute towards the growth of mission critical communication market.

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Various Asian Pacific economies witnessed a sharp decline in their gross domestic product (GDP) in 2020 due to the sudden closedown of most regional economic activities. Many countries in the region have well-established oil & gas, maritime, mining, transportation, and telecommunications industries. According to the Organization for Economic Co-operation and Development (OECD), the pandemic severely affected countries such as India, Australia, China, and Japan.

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This release was published on openPR.