Public Safety-LTE Market Size, Growth Drivers, Outlook and Market Dynamics

The Public safety LTE market is expected to be valued at USD 5.9 billion in 2020 and is likely to reach USD 15.4 billion by 2025; it is expected to grow at a CAGR of 21.1% during the forecast period. Increase in demand for unmanned vehicles globally and adoption of LTE technology to eliminate the existing interconnectivity issues between different networks seamless data connectivity offered by LTE technology are driving the growth of the PS-LTE market during the forecast period.

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Driver: Need for efficient and extensive network capacity driven by COVID-19 pandemic

Since the outbreak of the COVID-19 pandemic, every country initiated a nationwide lockdown to control the spread. The organizations responsible for the health and safety consequences of the COVID-19 pandemic are the first responders consisting of paramedics, firefighters, and the police, along with doctors, nurses, and other officials. These responders need more radios and network capacity to work effectively for mitigating this global crisis. The healthcare workers and the police especially need more communication terminals and network capacity to adequately monitor the outbreak.

Opportunities: Adoption of LPWA connectivity technologies in LTE

Presently, low-power wide-area (LPWA) technologies such as LoRa and narrowband IoT (NB-IoT) are limited to IoT applications such as smart meters and smart parking. Large-scale adoption of these LPWA technologies in public safety applications is expected to offer growth opportunities for different stakeholders. Frequent broadcast of sizeable payloads and mobility support are the 2 major applications of LPWA technologies in public safety. In February 2019, AT&T started the evaluation of LTE for machines or LTE-M for the public safety networks of the US through FirstNet. The company is evaluating the adoption of LTE-M to ensure the quality of service, priority, and preemption (QPP) on LTE networks. In May 2019, KT and Samsung partnered to deploy NB-IoT in South Korea by 2020 for different public safety applications.

Challenges: High costs of developing and maintaining LTE network infrastructures

The key components of PS-LTE solutions are end-use devices, radio access networks (RANs), backhaul networks, EPC, and application and operation support systems. These solutions are customized according to the applications wherein they are to be used or depending on the requirements of public safety agents and authorities. A dedicated LTE spectrum, cleared of any previous service, is a prerequisite for a public safety model. It requires long planning cycles and high investments. Significant upfront investments are required for developing and maintaining a dedicated network. If the allocated spectrum band is not in use in the commercial sector, costs/CAPEX of the entire system, including that of network elements and devices increase.