Global mission-critical communications industry for public safety and government agencies expected to reach $9.3 billion by 2028 – ResearchAndMarkets.com

DUBLIN–(BUSINESS WIRE)–Report “Public Safety and Government Agencies Mission Critical Communications Market Forecast to 2028 – COVID-19 Impact and Global Analysis” has been added to from ResearchAndMarkets.com offer.

Public Safety and Government Agencies Mission Critical Communications Market is expected to reach US$9,390.0 million by 2028, from US$5,807.5 million in 2021; it is estimated to grow at a CAGR of 7.4% from 2021 to 2028.

The overall market has been segmented into four major regions: North America, Europe, Asia-Pacific (APAC), Middle East and Africa, and South and Central America. The mission critical communications (MCX) market for public safety and government agencies is growing due to the global rise in terrorism, highlighting the need for public safety and a reliable network in the event of an emergency. However, market growth is hampered by high implementation costs, constrained data transit capabilities, and limited bandwidth. Government investments in critical communication systems in the defense sector are likely to generate exciting opportunities for market players in the coming years.

Citizens expect 24/7 service and communication from government agencies. They want easy access to correct and up-to-date information and a smooth connection with the appropriate government officials. They also want services to be delivered quickly, efficiently and transparently, with prompt, efficient and open problem resolution. Many government agencies still rely on outdated communications infrastructure, such as leased PBX systems or Centrex-like systems. These outdated systems do not meet today’s high standards.

The systems are inflexible, difficult to manage, and expensive to maintain, leading to slower response times and lower production. Providing citizens with accurate information about government priorities, programs and actions helps establish government legitimacy. Governments develop and maintain excellent communication systems to be respectable actors in public spheres. These factors allow them to assess residents’ needs and preferences and promote a deliberative public arena for multi-stakeholder participation, informed policy debate, and emergency development effectiveness. All these issues are driving the demand for mission-critical communication systems among government organizations.

The critical communications market is segmented on the basis of components, technology, and geography. On the basis of components, the market is segmented into hardware, software and services. Based on technology, the market is segmented into LMR, LTE, and Wi-Fi Mesh. In terms of geography, the mission critical communications market is segmented into North America, Europe, Asia-Pacific, Middle East & Africa and South America.

One of the emerging trends in the critical communications market for public safety and government agencies is the shift in enterprise focus towards implementing PTT solutions offered by upgraded LTE networks. LTE networks in mobile communications have replaced LMR communication technology. LTE networks are used by various organizations to provide enhanced communications.

Accordingly, a high-bandwidth architecture for critical PTT, push-to-locate, push-to-message, and push-to-alert communication services is being developed. Leading enterprises in various industries, including public safety, government, defense, transportation and logistics, are implementing LTE-powered solutions in their business applications to increase the productivity and efficiency of field personnel, streamline their workflow and minimize business hardware expenses. Wireless technologies such as WLAN and LTE in PTT devices enable communication in more locations.

As a cost-effective and feature-rich solution, the demand for LTE powered PTT systems is high. The major players are pursuing different business strategies such as mergers, collaborations, and product launches to meet the growing demands for these solutions.

Reasons to buy

  • Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the global Mission Critical Communications (MCX) for Government and Public Safety Agencies Market

  • Highlights key business priorities to help companies realign their business strategies

  • The key findings and recommendations highlight crucial progressive industry trends in the Global Government and Public Safety Agencies Mission Critical Communications (MCX) Market, thereby allowing players across the value chain to develop strategies effective in the long term.

  • Develop/modify business expansion plans using substantial growth offering in both developed and emerging markets

  • Dive deep into global market trends and outlook associated with the factors driving the market, as well as those hindering it

  • Improve the decision-making process by understanding the strategies that drive business interest with respect to customer products, segmentation, pricing and distribution

Market dynamics

Drivers

  • Increased demand for a reliable network during emergencies

  • Growing demand from various government agencies

Constraints

  • Limited spectrum bandwidth

Opportunities

  • Growing Need for Reliable, High-Quality Public Safety Communications in Emerging Economies

Future trends

Companies cited

  • Ascom Holding SA (Ascom)

  • Globalstar

  • Inmarsat Global Limited

  • Iridium Communications Inc.

  • nbn co ltd.

  • SES SA

  • Telesat

  • Thuraya telecommunications company

  • AT&T Inc.

  • SPACEX

For more information about this report visit https://www.researchandmarkets.com/r/4hlmn7

Ashley C. Reynolds