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Wireless Broadband In Public Safety Market Key Trends, Latest Insights, Future Trends And Forecast To 2033

05-07-2024 06:32 AM CET | IT, New Media & Software

Press release from: The Business Research Company

Wireless Broadband In Public Safety Market

Wireless Broadband In Public Safety Market

The wireless broadband in public safety market size has grown exponentially in recent years. It will grow from $31.87 billion in 2023 to $39.04 billion in 2024 at a compound annual growth rate (CAGR) of 22.5%. The growth in the historic period can be attributed to communication enhancement needs, emergency response requirements, data-intensive applications, real-time information sharing, increased mobility needs, cost-efficiency and resource optimization.

The wireless broadband in public safety market size is expected to see exponential growth in the next few years. It will grow to $88.76 billion in 2028 at a compound annual growth rate (CAGR) of 22.8%. The growth in the forecast period can be attributed to smart city initiatives, next-generation emergency services, cybersecurity concerns, enhanced dispatch and control centers, community policing strategies, digital transformation in public safety. Major trends in the forecast period include transition to lte and 5g networks, interoperability and standards compliance, integration of iot and wearables, enhanced location-based services, cloud-based solutions, edge computing for low latency.

Market Overview -
Wireless broadband (WiBB) is a high-speed internet and data service that is delivered via a wireless local area network (WLAN) or wireless wide area network (WWAN). The wireless broadband in public safety are used as cutting-edge technology. Wireless broadband in public safety refers to the networking technology that enables high-speed data and Internet access across wireless networks.

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Role Of Increasing Wireless Internet Availability In Driving Growth For Wireless Broadband In Public Safety
The increase in wireless internet availability is expected to propel the growth of wireless broadband in public safety market going forward. Wireless internet availability refers to the type of internet service that is offered using wireless technology to enterprises and ends customers over a wireless communication network by the wireless internet service provider. Applications for public safety broadband networks include rescue operations to law enforcement, traffic flow control, and more, through quicker data transmission and features like streaming video using a wireless internet protocol (IP)-based network. For instance, in January 2022, according to the Economic Survey of India 2021-22, conducted by the Ministry of Finance, a ministry of the Indian government concerned with the Indian economy, the total amount of wireless internet data being used in India increased by more than 7 times, from 4,200 petabytes to 32,397 petabytes, over the last three years. Therefore, the increase in wireless internet availability is driving the growth of wireless broadband in public safety market.

Competitive Landscape -
Major companies operating in the wireless broadband in public safety market report are Airbus DS Communications Inc., Alcatel-Lucent SA, Aruba Networks Inc., AT&T Inc., Bittium Corporation, Cambium Networks Limited, Cisco Systems Inc., Harris Corporation, Hitachi Limited, Intracom Telecom DOO, Juniper Networks Inc., Motorola Solutions Inc., Netronics Communications Inc., Nokia Corporation, Proxim Wireless Corporation, Radwin Limited, RAPID7 Inc., Redline Communications Group Inc., Sierra Wireless Inc., Tait Communications Limited, Telefonaktiebolaget LM Ericsson, T-Mobile USA Inc., United States Cellular Corporation, Verizon Communications Inc., ZTE Corporation, Hytera Communications Corporation Limited, Zebra Technologies Corp., Cambium Networks Corp., JVCKenwood Corporation, General Dynamics Corp., Cobham Ltd., Thales Group, Sonim Technologies Inc., Cradlepoint Inc.

Advancements In Technology Propel Growth In Wireless Broadband For Public Safety
Technological development is a key trend gaining popularity in wireless broadband in public safety market. Major companies operating in wireless broadband in the public safety market are focused on developing new technological solutions to strengthen their position. For instance, in May 2022, AT&T, a US-based company operating in wireless broadband in public safety launched location-based routing for automatically transmitting wireless 9-1-1 calls to the appropriate 9-1-1 call centers on a nationwide basis. With this new Locate Before Route feature from Intrado, AT&T will quickly and accurately identify a wireless 9-1-1 call using device GPS and hybrid information for routing the call and will be located and routed within 50 meters of the device location.

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https://www.thebusinessresearchcompany.com/report/wireless-broadband-in-public-safety-global-market-report

Key Segments -
The wireless broadband in public safety market covered in this report is segmented -
1) By Type: Fixed Wireless Broadband, Mobile Wireless Broadband, Satellite Wireless Broadband
2) By Offering: Hardware, Software Solutions, Services, By Application
3) By Technology: WI-FI, Cellular M2M
4) By Application: Video Surveillance and Monitoring, Automatic Vehicle Tracking, Real-time Incident Management, GIS (Geographic Information System), Public Control and Management, Other Applications
5) By End Users: First Responders, Critical Infrastructures, Other Critical Infrastructures

Key highlights covered in the report -
1. Detailed market size forecast and historical data analysis
2. Key drivers influencing market growth
3. Identification of upcoming trends and potential opportunities in the market
4. Analysis of major players strategies, to understand competitive dynamics and market positioning
5. Evaluation of regional dynamics

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The Business Research Company (www.thebusinessresearchcompany.com) is a market intelligence firm that pioneers in company, market, and consumer research. Located globally, TBRC's consultants specialise in various industries including manufacturing, healthcare, financial services, chemicals, and technology.

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