Public Safety and Government Agencies Mission Critical Communication Market: Current Analysis and Forecast (2022-2028)
$3999 – $6999
Emphasis on Component (Hardware, Software and Services); Technology (LMR(Land Mobile Radio), LTE(Long Term Evolution) and WiFi Mesh); and Region/Country
Detailed Analysis of COVID-19 Impact on the Public Safety and Government Agencies Mission Critical Communication Market
Pages: | 145 |
---|---|
Table: | 51 |
Figure: | 84 |
Report ID: | UMTI211573 |
Geography: |
Report Description
Global Public Safety and Government Agencies Mission-Critical Communication Market is expected to grow at a significant rate of around 7% during the forecast period.
Public safety and government agencies mission-critical communications is term used to describe different types of communication that are critical to public safety functionating. Public safety and mission critical communications helps governments to improve their emergency communication capabilities. public safety and government agencies mission-critical communications typically use a variety of communication channels, including radio, telephone, and computer networks.
Public safety and government agencies mission-critical communication systems adoption is rising due to growing public safety threats and growing terrorism around the world. For instance, according to our world data, in the year 2020 more than 22 thousand people died due to terrorism. Furthermore, government investments in mission-critical communication systems for the defense sector is expected to generate attractive opportunities for market participants in the coming years which is expected to propel the market during the forecast period.
Ascom Holding AG, Globalstar, Inmarsat Global Limited, Iridium Communications Inc, nbn co ltd, SES S.A, Telesat, Thuraya Telecommunications Company, AT&T Inc and SpaceX are some of the key players in the market. Several M&As along with partnerships have been undertaken by these players to facilitate customers with hi-tech and innovative products/technologies.
Insights Presented in the Report
“Amongst component, hardware category to witness significant market share in 2020”
On the basis of component, the market is segmented into hardware, software, and services. The hardware segment is expected to achieve the largest share of the public safety and government agencies mission-critical communication market. This is mainly attributed to the rising advancements in public safety and government agencies mission-critical communication systems hardware such as implementation of IoT with public safety and government agencies mission-critical communication systems. Furthermore, growing internet and technological literacy is also expected to significantly influence the growth of the segment.
“Amongst technology, the LTE segment is expected to robust CAGR during the forecast period”
Based on technology, the market is segmented into LMR (land mobile radio), LTE (long-term evolution), and WiFi mesh. The LTE segment is expected to grow with a significant CAGR during the forecast period. This is mainly due to its growing adoption of LTE in public safety and government agencies mission-critical communication systems. The LTE is used by a variety of organizations around the globe to enhance communications. Furthermore, LTE is comparatively way faster than traditional bandwidths and also consumes less power.
“North America to hold a significant share in the market”
North America region is leading the Public Safety and Government Agencies Mission-Critical Communication Market and is expected to maintain this during the forecast period. The presence of key market players in the region is expected to propel the public safety and government agencies mission-critical communication market in the region. Furthermore, the region has developed economies like Canada and the USA, that have higher technical literacy and have higher budgets for public safety and public service facilitations.
Reasons to buy this report:
- The study includes market sizing and forecasting analysis validated by authenticated key industry experts.
- The report presents a quick review of overall industry performance at one glance.
- The report covers an in-depth analysis of prominent industry peers with a primary focus on key business financials, product portfolio, expansion strategies, and recent developments.
- Detailed examination of drivers, restraints, key trends, and opportunities prevailing in the industry.
- The study comprehensively covers the market across different segments.
- Deep dive regional level analysis of the industry.
Customization Options:
The global public safety and government agencies mission-critical communication market can further be customized as per the requirement or any other market segment. Besides this, UMI understands that you may have your own business needs, hence feel free to connect with us to get a report that completely suits your requirements.
You can also purchase parts of this report. Do you want to check out a section wise price list?
Research Methodology
Research Methodology for the Public Safety and Government Agencies Mission-Critical Communication Market Analysis (2022-2028)
Analyzing the historical market, estimating the current market, and forecasting the future market of the global Public Safety and Government Agencies Mission-Critical Communication Market were the three major steps undertaken to create and analyze the adoption of public safety and government agencies mission-critical communication market in major regions globally. Exhaustive secondary research was conducted to collect the historical market numbers and estimate the current market size. Secondly, to validate these insights, numerous findings and assumptions were taken into consideration. Moreover, exhaustive primary interviews were also conducted, with industry experts across the value chain of the global Public Safety and Government Agencies Mission-Critical Communication Market. Post assumption and validation of market numbers through primary interviews, we employed a top-down/bottom-up approach to forecasting the complete market size. Thereafter, market breakdown and data triangulation methods were adopted to estimate and analyze the market size of segments and sub-segments of the industry pertains to. Detailed methodology is explained below:
Analysis of Historical Market Size
Step 1: In-Depth Study of Secondary Sources:
Detail secondary study was conducted to obtain the historical market size of the Public Safety and Government Agencies Mission-Critical Communication Market through company internal sources such as annual reports & financial statements, performance presentations, press releases, etc., and external sources including journals, news & articles, government publications, competitor publications, sector reports, third-party database, and other credible publications.
Step 2: Market Segmentation:
After obtaining the historical market size of the Public Safety and Government Agencies Mission-Critical Communication Market, we conducted a detailed secondary analysis to gather historical market insights and share for different segments & sub-segments for major regions. Major segments are included in the report as type, deployment, functionality, and end-users. Further country-level analyses were conducted to evaluate the overall adoption of testing models in that region.
Step 3: Factor Analysis:
After acquiring the historical market size of different segments and sub-segments, we conducted a detailed factor analysis to estimate the current market size of the Public Safety and Government Agencies Mission-Critical Communication Market. Further, we conducted factor analysis using dependent and independent variables such as type, deployment, functionality, and end-users of public safety and government agencies mission-critical communication market. A thorough analysis was conducted for demand and supply-side scenarios considering top partnerships, mergers and acquisitions, business expansion, and product launches in the Public Safety and Government Agencies Mission-Critical Communication Market sector across the globe.
Current Market Size Estimate & Forecast
Current Market Sizing: Based on actionable insights from the above 3 steps, we arrived at the current market size, key players in the global Public Safety and Government Agencies Mission-Critical Communication Market, and market shares of the segments. All the required percentage shares split, and market breakdowns were determined using the above-mentioned secondary approach and were verified through primary interviews.
Estimation & Forecasting: For market estimation and forecast, weights were assigned to different factors including drivers & trends, restraints, and opportunities available for the stakeholders. After analyzing these factors, relevant forecasting techniques i.e., the top-down/bottom-up approach were applied to arrive at the market forecast for 2028 for different segments and sub-segments across the major markets globally. The research methodology adopted to estimate the market size encompasses:
- The industry’s market size, in terms of revenue (USD) and the adoption rate of the Public Safety and Government Agencies Mission-Critical Communication Market across the major markets domestically
- All percentage shares, splits, and breakdowns of market segments and sub-segments
- Key players in the global Public Safety and Government Agencies Mission-Critical Communication Market in terms of products offered. Also, the growth strategies adopted by these players to compete in the fast-growing market
Market Size and Share Validation
Primary Research: In-depth interviews were conducted with the Key Opinion Leaders (KOLs) including Top Level Executives (CXO/VPs, Sales Head, Marketing Head, Operational Head, Regional Head, Country Head, etc.) across major regions. Primary research findings were then summarized, and statistical analysis was performed to prove the stated hypothesis. Inputs from primary research were consolidated with secondary findings, hence turning information into actionable insights.
Split of Primary Participants in Different Regions
Market Engineering
The data triangulation technique was employed to complete the overall market estimation and to arrive at precise statistical numbers for each segment and sub-segment of the global Public Safety and Government Agencies Mission-Critical Communication Market. Data was split into several segments & sub-segments post studying various parameters and trends in the areas of type, drive type, and application in the global Public Safety and Government Agencies Mission-Critical Communication Market.
The main objective of the Global Public Safety and Government Agencies Mission-Critical Communication Market Study
The current & future market trends of the global Public Safety and Government Agencies Mission-Critical Communication Market were pinpointed in the study. Investors can gain strategic insights to base their discretion for investments on the qualitative and quantitative analysis performed in the study. Current and future market trends determined the overall attractiveness of the market at a regional level, providing a platform for the industrial participant to exploit the untapped market to benefit from a first-mover advantage. Other quantitative goals of the studies include:
- Analyze the current and forecast market size of the Public Safety and Government Agencies Mission-Critical Communication Market in terms of value (USD). Also, analyze the current and forecast market size of different segments and sub-segments
- Segments in the study include areas of type, deployment, functionality, and end-users.
- Define and analysis of the regulatory framework for the public safety and government agencies mission-critical communication industry.
- Analyze the value chain involved with the presence of various intermediaries, along with analyzing customer and competitor behaviors of the industry.
- Analyze the current and forecast market size of the Public Safety and Government Agencies Mission-Critical Communication Market for the major region.
- Major countries of regions studied in the report include Asia Pacific, Europe, North America, and the Rest of the World.
- Company profiles of the Public Safety and Government Agencies Mission-Critical Communication Market and the growth strategies adopted by the market players to sustain in the fast-growing market
- Deep dive regional level analysis of the industry