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Emerging Trends to Reshape the Wireless Broadband In Public Safety Market: Advancements In Technology Propel Growth In Wireless Broadband For Public Safety as a Key Influencer
Stay ahead with our updated market reports featuring the latest on tariffs, trade flows, and supply chain transformations.Wireless Broadband In Public Safety Market Size Valuation Forecast: What Will the Market Be Worth by 2025?
In recent times, the market size of wireless broadband in public safety has seen a massive increase. The market, which will be worth $38.26 billion in 2024 is projected to reach a value of $46.42 billion in 2025, with a compound annual growth rate (CAGR) of 21.3%. Factors such as the need for improved communication, emergency response necessities, data-heavy applications, instantaneous information exchange, rising mobility requirements, and the need for cost-effective and resource optimization solutions have all contributed to this historical growth.
Wireless Broadband In Public Safety Market Size Forecast: What's the Projected Valuation by 2029?
The market size for wireless broadband in public safety is predicted to experience a substantial increase in the upcoming years. By 2029, it is projected to hit a value of $111.16 billion, exhibiting a compound annual growth rate (CAGR) of 24.4%. The expected expansion during the forecast period can be linked to factors such as the implementation of smart city projects, emergence of next-gen emergency services, concerns over cybersecurity, improvement of dispatch and control centers, adoption of community policing strategies, and the digital transformation in public safety. Noteworthy trends expected in the forecast period encompass the shift to lTE and 5g networks, adherence to interoperability and standards, integration with IoT and wearable technology, improvement of location-based services, the use of cloud-based solutions, and utilization of edge computing for low latency.
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What Are the Drivers Transforming the Wireless Broadband In Public Safety Market?
The growth of the wireless broadband public safety market is predicted to surge due to the rising availability of wireless internet. The reference to wireless internet availability applies to the internet service provided using wireless technology to enterprises and end users by the wireless internet service provider, over a wireless communication network. Safety broadband networks for public use have applications ranging from rescue operations, law enforcement, controlling traffic flow and more, with faster data transmission and features like video streaming facilitated by an internet protocol (IP)-based network. For example, the UK's Department for Science, Innovation and Technology (DSIT) announced in April 2023 that a $6.3 billion initiative, Project Gigabit, is aimed at extending gigabit broadband networks. The objective of this project is to bring gigabit connectivity to a minimum of 85% of premises by 2025, and more than 99% by 2030. Moreover, a $1.2 billion deal with mobile network operators is set to enhance 4G coverage in rural areas, ensuring that by 2025, 95% of the UK's land mass will be covered by 4G, up from the current 92%. Thus, the growing accessibility of wireless internet is fueling the development of the wireless broadband public safety market.
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What Long-Term Trends Will Define the Future of the Wireless Broadband In Public Safety Market?
In the wireless broadband public safety market, technological innovation is emerging as a prominent trend. To enhance their market position, dominant companies in this sector are concentrating on the creation of fresh technological solutions. One such example took place in May 2022, with the American company AT&T, a key player in the wireless broadband public safety market, introduced location-based routing. This process automatically directs wireless 9-1-1 calls to the appropriate call center on a national scale. Through the new "Locate Before Route" feature from Intrado, AT&T is capable of swiftly and precisely pinpointing a wireless 9-1-1 call using a combination of GPS and hybrid information to route the call, ensuring calls are routed within 50 meters of the device's location.
Which Segments in the Wireless Broadband In Public Safety Market Offer the Most Profit Potential?
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
Subsegments:
1) By Fixed Wireless Broadband: Point-To-Point Systems, Point-To-Multipoint Systems
2) By Mobile Wireless Broadband: 4G LTE Solutions, 5G Solutions
3) By Satellite Wireless Broadband: Geostationary Satellite Systems, Non-Geostationary Satellite Systems
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Which Firms Dominate the Wireless Broadband In Public Safety Market by Market Share and Revenue in 2025?
Major companies operating in the wireless broadband in public safety market are Airbus DS Communications Inc., Aruba Networks Inc., AT&T Inc., Bittium Corporation, Cambium Networks Limited, Cisco Systems Inc., Intracom Telecom DOO, Juniper Networks Inc., Motorola Solutions 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., Verizon Communications Inc., ZTE Corporation, Hytera Communications Corporation Limited, Zebra Technologies Corp., JVCKenwood Corporation, General Dynamics Corp., Cobham Ltd., Thales Group, Sonim Technologies Inc., Cradlepoint Inc.
Which Regions Offer the Highest Growth Potential in the Wireless Broadband In Public Safety Market?
North America was the largest region in the wireless broadband in public safety market in 2024. The regions covered in the wireless broadband in public safety market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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