Public Safety LTE Market Report Covers Detailed Industry Scope, Future Scenario and Outlook to 2028

The "Public Safety LTE Market" is projected to reach US$ 26.85 billion by 2028; it is estimated to grow at a compound annual growth rate of 21.5% from 2022 to 2028.

A rise in terrorism, an increased focus on public safety, and the need for having reliable networks during emergencies are the factors contributing to the public safety LTE market growth. However, high implementation costs, restricted data transit capabilities, and limited spectrum bandwidth hinder the market growth. Government investments in mission-critical communication systems in the defense sector, on the other hand, are providing significant opportunities for the future of the public safety LTE market growth.

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Companies Profiled in this report includes:

• Amdocs
• Apple Inc.
• Alcatel-Lucent SA
• AT&T Inc.
• Broadcom Ltd.
• Cisco Systems Inc.
• Dell Inc.
• Eden Rock Communications
• Ericsson
• Fujitsu Ltd.

MARKET DYNAMICS

Citizens expect 24×7 service and communications from government agencies. They also seek easy access to correct, up-to-date information and a smooth connection with the apt government officials. Moreover, people want swift, effective, and transparent delivery of services, followed by quick, effective, and transparent resolution of problems. Many government agencies still rely on outdated communications infrastructures, such as leased PBX systems or Centrex-type systems; these systems do not match today's high standards as they are rigid, difficult to manage, and expensive to maintain, leading to slower response times and decreased production. Providing accurate information about government priorities, programs, and actions to citizens helps governments establish legitimacy. Governments are developing and maintaining excellent communication systems to be respectable players in the public sphere. These factors enable them to assess residents' needs and preferences and promote a deliberative public arena for multi-stakeholder involvement, informed policy debate, and emergency development efficacy, which eventually boosts the public safety LTE market growth.

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Public Safety LTE Market Segmentation:

By Infrastructure:
• Radio Access Network
• Evolved Packet Core & Policy
• Mobile Backhaul & Transport,
• Management & Integration Solutions:
• Network Integration & Testing
• Device Management & User Services
• Managed Services
• Operations & Maintenance
• Cybersecurity

By Device:
• Smartphones & Handportable Terminals
• Vehicle Mount Routers & Terminals
• Tablets & Notebook PCs
• USB Dongles

Subscription:
• Private LTE
• Commercial LTE

By Application:
• Video Applications
• GIS
• AVLS & Mapping
• Mobile VPN Access & Security
• CAD
• Remote Database Access
• Telemetry & Remote Diagnostics
• Bulk Multimedia/Data Transfers
• PTT & Voice Over LTE
• Situa

REGIONAL FRAMEWORK

The report provides a detailed overview of the industry, including both qualitative and quantitative information. It provides an overview and forecast of the global public safety LTE market based on various segments. It also provides market size and forecast estimates from 2020 to 2028 with respect to five major regions, namely, North America, Europe, Asia Pacific (APAC), the Middle East and Africa (MEA), and South America. The market in each region is further segmented into respective countries and segments. The report covers an analysis and forecast of 18 countries, along with current trends and opportunities prevailing in the region.

North America is expected to hold the largest share of the public safety LTE market during the forecast period. The market in this region is subsegmented into the US, Canada, and Mexico. North America is the most technologically advanced region owing to factors such as high GPD and high GDP per capita, the positive outlook for the adoption of advanced technologies, an elevated standard of living, favorable economic policies in effect, etc. The region is known to have a high emphasis on public safety as the regional and national governments spend significant amounts on public safety.

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This release was published on openPR.