Press release
Public Safety LTE Market Size Surges as Demand for Secure Communication Grows | Forecast to Cross USD 70.44 Billion by 2028
The size of the global public safety LTE market was $12.00 billion in 2020 and is anticipated to grow at a CAGR of 24.9% from 2021 to 2028 to reach $70.44 billion.As consumer technologies advance with more gadgets and apps, networks play a crucial role in public infrastructure and safety facilities. Governments, police forces, fire departments, medical institutions, and other public entities employ public safety networks for communication and PSAs.
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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.
One of the prominent trends is the increasing adoption of Mission-Critical Push-to-Talk (MCPTT) services over LTE networks. MCPTT offers real-time, multimedia communication capabilities, enabling public safety personnel to share critical information seamlessly. This trend is replacing traditional radio systems with more versatile and efficient LTE-based communication solutions.
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Another emerging trend is the integration of drones with Public Safety LTE networks. Public safety agencies are using LTE-connected drones for surveillance, search and rescue missions, and situational awareness. These drones can transmit high-definition video and data in real-time over LTE, enhancing the effectiveness of response efforts.
Many public safety agencies are investing in private LTE networks to ensure network security, reliability, and priority access during emergencies. These networks provide dedicated communication channels for first responders, minimizing congestion during crises and enabling seamless communication even in high-demand situations.
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Some of the key companies mentioned within the report are General Dynamics Corporation, Airbus SE, Motorola Solutions, Inc., Nokia Corporation, Harris Corporation, Huawei Technologies Co., Ltd, Bittium Corporation, AT&T Inc., Hytera, and Cobham Wireless.
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