The global Public Safety LTE market size was US $12.00 Billion in 2020 and is anticipated to reach US$ 70.44 Billion by the end of the year 2027, registering a growth at a CAGR of 24.9% during the forecast period 2017-2027. Public safety LTE networks are available for public safety and first responders, such as police departments, fire departments, and medical centers. In addition to being government-funded, it is unavailable to other critical communications users. Some of the key examples of public safety LTE networks are FirstNet in the United States, Emergency Service Network (ESN) in the United Kingdom, and SafeNet in South Korea.
Factors Impacting the growth of the Public Safety LTE Market
Regional Outlook of the Public Safety LTE Industry
Technology advancements, customer satisfaction, and the need for strong security measures in the region should lead to a huge market share for Europe in this period.
European countries are putting a lot of emphasis on online social security programs that allow video surveillance and photo sharing. As a result, nearly all public safety services in the region are using LTE.
Several European companies are developing new operations and focusing on turning a profit from their research. Companies seek to expand their portfolio beyond public safety by developing a national network of high-quality critical communications solutions. Recent Airbus engagements include a nationwide network communications system, integrated radio communication system, and maintenance systems for the nuclear power plant Paks in Hungary launched in March 2019. Italy and France are also expected to implement plans of this nature, which is contributing to the growth of the public safety LTE market.
Impact of Covid-19
The use of LTE networks for public safety is increasing, and the standard will be a part of more mission-critical communications in the future. Market growth will be driven by the COVID-19 pandemic outbreak, which has increased the need for an efficient and effective communication system from public safety authorities to protect the safety of those impacted by the pandemic.
Major cities are implementing LTE devices to help local authorities. As an example, Hytera Communications Corporation Limited worked closely with the Abu Dhabi Police Department and the city government of Abu Dhabi to deliver its Hytera Public WarningSystem to Abu Dhabi's mosques.
Aim of the report
The segmentation of the Public Safety LTE market includes- type, infrastructure, services, deployment model, application, and end-users.
Segmentation based on the type
Segmentation based on infrastructure:
Segmentation based on services
Segmentation based on deployment model
Segmentation based on application
Segmentation based on end-users
Regional Analysis
Key Competitors