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Mission Critical Communication Market Statistics, Facts and Figures, Growth Overview, Size, SWOT Analysis and Forecast to 2028

11-12-2024 02:30 PM CET | Advertising, Media Consulting, Marketing Research

Press release from: Premium Market Insights

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 mission critical communication industry is experiencing significant growth driven by the rising utilization of connected devices and the increasing demand for reliable networks during emergencies. Mission-critical communication devices are designed to operate effectively in scenarios where conventional commercial communication networks may not function optimally. The public, enterprise, industrial, and government sectors demand ultra-reliable, low-latency, and high-bandwidth capabilities, which are the key factors propelling the growth of the mission critical communication market.

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Analysis of the Top Market Players:

1. Ascom
2. Hytera Communication Corporation Limited
3. Huawei Technologies Co. Ltd.
4. L3Harris Technologies, Inc.
5. Motorola Solutions, Inc.
6. Mentura Group OY
7. Nokia Corporation
8. Telefonaktiebolaget LM Ericsson
9. Tassta GmbH
10. Zenitel

In this report, the market has been segmented on the basis of:

Component (Hardware, Software, and Services)
Technology [Land Mobile Radio (LMR) and Long Term Evolution (LTE)]
Vertical (Public Safety and Government Agencies, Transportation, Energy and Utilities, Mining, and Others)

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In March 2022, Williams Communication Services (WCS), a Canadian communications corporation, was awarded a contract by the Canadian Ministry of The Solicitor General (SOLGEN) to provide multisite PowerTrunk-T TETRA and related equipment to 31 correctional and youth facilities.

In December 2020, BAI Communications secured a five-year contract to operate the NSW Telco Authority's Public Safety Network (PSN) in New South Wales, Australia. Covering an extensive area of 325,000 km2, the network processes an average of 1.47 million calls per month and maintains an impressive 99.95% reliability to support state-wide mission-critical communications during emergencies. The contract is based on a novel service delivery model developed in collaboration with the NSW Police Force, NSW Ambulance Service, Fire and Rescue NSW, NSW Rural Fire Service, and the NSW State Emergency Service.

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