Press release
Satellite Broadband Communication in Public Safety Market Size to Exceed $10.76 billion By 2030 | CAGR of 23.1%
According to a recent report published by Allied Market Research, the global satellite broadband communication in public safety market size was valued at $1.36 billion in 2020, and is projected to reach $10.76 billion by 2030, growing at a CAGR of 23.1% from 2021 to 2030.Satellite broadband in public safety refers to the integration of internet and satellite communication to ensure public safety at the time of danger, disaster, or emergency situation and inform the concerned authorities with the help of satellite communications system. The satellite communication system has various different components, which include geostationary satellites, receivers, antennas, and sensors that work together to send the signals in the communication channel.
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Furthermore, it offers various features such as voice over internet and access to the high-definition audio and video in the remote areas, which drives the satellite broadband communication in public safety market growth. In addition, satellite broadband can be easily installed anywhere, which offers effective communication channels during the time of relief operations at the time of natural disaster and calamities or in any emergency situation.
Moreover, satellite broadband systems are being used in maritime operations like rescue operations and naval task force operations to provide enhanced communication channels at the time of war or emergency. This system helps locate areas of emergency such as oil spills in the vast oceans and communicates important information related to disaster to ease and facilitate search and rescue operations by providing the exact location of the incident.
Covid-19 Scenario:
1. There has been an increase in adoption of satellite internet services among governments and emergency relief centers in developing countries to improve public safety.
2. Governments across the world have been investing in satellite broadband technology to offer broadband services to all corners of the countries and become self-dependent on cutting-edge technology during the pandemic. This helps in tracking the spread of virus and spreading awareness.
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The report offers detailed segmentation of the global satellite broadband communication in public safety market based on frequency band, end user, application, and region.
Based on frequency band, the C band segment accounted for the highest share in 2020, contributing to nearly two-fifths of the total share, and is estimated to maintain its lead position during the forecast period. Moreover, this segment is projected to manifest the highest CAGR of 24.2% from 2021 to 2030. The report also analyzes the segments including X-band, L-band, S-band, and others.
Based on end user, the law enforcement agencies & first responder segment contributed to the highest share in 2020, accounting for nearly three-fifths of the global satellite broadband communication in public safety market, and is projected to maintain its leadership status during the forecast period. However, the public health organizations segment is expected to witness the largest CAGR of 26.0% from 2021 to 2030.
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Based on region, North America held the highest share in 2020, contributing to around two-fifths of the total share, and is estimated to continue its dominant share by 2030. However, Asia-Pacific is expected to register the fastest CAGR of 25.1% during the forecast period.
Leading players of the global satellite broadband communication in public safety market analyzed in the research include Gilat Satellite Network, Inmarsat Global Limited, Hughes Network Systems, LLC, Ligado Networks, Iridium Communications, Inc., Skycasters, Singtel, ST Engineering Idirect, Inc., Speedcast, and Viasat, Inc.
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Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients in making strategic business decisions and achieving sustainable growth in their respective market domains.
Pawan Kumar, the CEO of Allied Market Research, is leading the organization toward providing high-quality data and insights. We are in professional corporate relations with various companies. This helps us dig out market data that helps us generate accurate research data tables and confirm the utmost data procurement methodology includes deep presented in the reports published by us is extracted through primary interviews with top officials from leading online and offline research and discussion with knowledgeable professionals and analysts in the industry.
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