Showing posts with label Public Safety LTE Market. Show all posts
Showing posts with label Public Safety LTE Market. Show all posts

Wednesday, July 29, 2020

COVID-19 impact on the Public Safety LTE Market


According to the new market research report "Public Safety-LTE Market by Infrastructure (E-UTRAN, EPC), Service (Consulting, Integration), Deployment Model (Private, Commercial, Hybrid), Application (Law Enforcement & Border Control, Firefighting Services), End User, Region - Global Forecast to 2024", published by MarketsandMarkets™, the Public Safety-LTE Market is projected to grow from USD 4.7 billion by 2019 to USD 11.7 billion by 2024; it is expected to grow at a CAGR of 20.2% from 2019 to 2024.

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The PS-LTE market has enormous potential for growth across various applications such as law enforcement & border control, emergency medical services, firefighting services, and disaster management. Communication is imperative for public safety agencies as they require effective communication to deal with natural or man-made disasters. Public safety-LTE, which integrates voice communication and data transfer abilities with robust purpose-built systems, devices, and control centers, helps police, military, and other security forces to work safely and smartly by assisting them in improving their real-time decision-making capabilities.

Infrastructure segment to hold the largest size of the PS-LTE market from 2019 to 2024
The infrastructure segment accounted for the largest share of the PS-LTE market in 2018. The dominance of the infrastructure segment can be attributed to new public safety projects being undertaken in Europe, especially in the UK, Finland, and France and in Asian countries such as South Korea and Japan. The end-use devices segment of the PS-LTE market for infrastructure is projected to grow at the highest CAGR during the forecast period. The growth of this segment can be attributed to the increasing demand for LTE technology- and hybrid (LTE and TETRA)-enabled devices across the globe.

Hybrid LTE segment of the PS-LTE market is projected to grow at the highest CAGR during the forecast period
The hybrid LTE deployment model is expected to offer significant opportunities for the PS-LTE industry as it provides highly reliable services at costs lower than the private LTE deployment model. Due to the high costs incurred in adopting a completely dedicated public safety network, government agencies are expected to opt for the hybrid LTE deployment model. Shared network running costs is one of the prime drivers for the growth of the hybrid LTE segment of the PS-LTE market.

Europe accounted for the largest size of the PS-LTE market in 2018
The growing requirement for strong security measures and compliance management in Europe owing to increase in online public safety applications to carry out video surveillance activities and rise in image and video sharing, as well as an increase in demand for unmanned vehicles, have made the region a highly lucrative market for vendors of public safety solutions. The market in North America is expected to grow at the highest CAGR from 2019 to 2024. The growth of the PS-LTE market in North America is mainly driven by increase in the instances of terrorist attacks and the occurrence of natural calamities such as floods, cyclones, forest fires, and earthquakes, and cyberattacks in the region.

Browse in-depth TOC on "Public Safety-LTE Market"
118 – Tables
48 – Figures 
173 – Pages

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Major players operating in the PS-LTE market are Airbus SE (Netherlands), Motorola Solutions, Inc. (US), General Dynamics Corporation (US), Bittium Corporation (Finland), Nokia (Finland), Harris Corporation (US), ZTE Corporation (China), Huawei Technologies Co. Ltd. (China), Samsung Electronics Co. Ltd. (South Korea), AT&T, Inc. (US), Hytera Communications Corporation (China), and KT Corporation (South Korea).

Tuesday, June 23, 2020

Key Developments in Public Safety LTE Market

The public safety LTE market is projected to grow from USD 4.7 billion by 2019 to USD 11.7 billion by 2024; it is expected to grow at a CAGR of 20.2% from 2019 to 2024. Elimination of connectivity issues between networks and increase in demand for unmanned operations and remote surveillance are among the factors fueling the growth of the PS-LTE market globally. High speed and seamless connectivity offered by LTE technology is expected to further supplement the growth of the public safety LTE market.

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E-UTRAN segment to hold the largest size of the public safety LTE market for infrastructure from 2019 to 2024
E-UTRAN is the air interface of LTE technology. It uses orthogonal frequency division multiple access (OFDMA) for downlink and single-carrier frequency divisional multiple access (SC-FDMA) for uplink, along with multiple in multiple out (MIMO) up to four antennas per station. The growth of the E-UTRAN segment of the PS-LTE market for infrastructure can be attributed to new public safety projects being undertaken in Europe, especially in the UK, Finland, and France and in Asian countries such as South Korea and Japan.
Utilities segment of public safety LTE market projected to grow at the highest CAGR during the forecast period
In the utilities vertical, PS-LTE channels are widely used to notify emergencies. Moreover, emergency medical services and firefighting services are also being publicly or privately deployed to ensure the safety of the masses. This vertical uses audio and video surveillance systems for securing people and assets.
Law enforcement & border control segment is expected to grow at the highest rate from 2019 to 2024
Law enforcement & border control agencies include police and military forces. The use of broadband for public safety enables law enforcement & border control agencies to access relevant information, stream videos, and collaborate with control rooms in real-time. Public safety-LTE, which integrates voice communication and data transfer abilities with robust purpose-built systems, devices, and control centers, helps police, military, and other security forces to work safely and smartly by assisting them in improving their real-time decision-making capabilities.

Europe projected to account for the largest size of the public safety LTE market from 2019 to 2024

The growing requirement for strong security measures and compliance management in Europe owing to increase in online public safety applications to carry out video surveillance activities and rise in image and video sharing, as well as an increase in the demand for unmanned vehicles, have made the region a highly lucrative market for vendors of public safety solutions. Several agencies such as the European Union Agency for Network and Information Security (ENISA), the European Computer Emergency Response Team (CERT-EU), and the Network & Information Security (NIS) have been formed in Europe to increase their involvement in the development of public safety networks for the private sector.
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Key market players

The major companies in the public safety LTE market are Motorola Solutions, Inc. (US), General Dynamics Corporation (US), Airbus SE (Netherlands), Nokia (Finland), Harris Corporation (US), Huawei Technologies Co. Ltd. (China), Bittium Corporation (Finland), Samsung Electronics Co. Ltd. (South Korea), AT&T, Inc. (US), ZTE Corporation (China), Hytera Communications Corporation (China), and KT Corporation (South Korea).

Tuesday, November 26, 2019

Public Safety LTE Market is projected to Witness the Highest Growth during 2019-2024



Reliable and dependable communication is vital for the first responders as they must be connected to control centers as well as to each other. The changing requirements of public safety communication are leading to the adoption of LTE technology by public safety agencies globally. The demand for broadband networks is increasing worldwide to carry out unmanned operations and remote surveillance activities as these operations cannot be performed over narrowband. As a result, public safety agencies have started to adopt LTE-based public safety solutions. LTE networks are capable of supporting a wide variety of high bandwidth data services and real-time communication services.

The Public Safety LTE Market is projected to grow from USD 4.7 billion in 2019 to USD 11.7 billion by 2024; it is expected to grow at a CAGR of 20.2% from 2019 to 2024. Increased data security, high quality of services, and seamless data connectivity offered by LTE technology are among major factors driving the growth of the market. The growing participation of industry players in the development of public safety-LTE and its increased adoption in the transport and industrial applications are the major macro drivers for the growth of the PS-LTE market.

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The PS-LTE market is competitive owing to the presence of a significant number of defense and technology companies in it. Moreover, the commercialization of new smartphone-like, interoperable handheld devices equipped with PS-LTE technology is also fueling the growth of the market. For instance, in May 2019, Bittium (Finland) launched the ultra-secure Bittium Tough Mobile 2 smartphone. The core of the information security of this new Bittium Tough Mobile 2 smartphone is its multilayered security structure, which is based on the hardened Android 9 Pie operating system and is equipped with unique hardware solutions and information security features and software integrated with the source code. The multilayered information security feature of this smartphone ensures that data stored in the device and data transfer are protected as effectively as possible.

Based on deployment model, the hybrid LTE segment of the PS-LTE market is projected to grow at the highest CAGR from 2019 to 2024. The growth of this segment can be attributed to the increasing traction of the hybrid LTE deployment model owing to its low infrastructure setup costs. The hybrid LTE deployment model requires an increase in the capacity of existing networks to handle additional traffic of first responders and users of PS-LTE services.

Based on application, the law enforcement & border control segment of the PS-LTE market is projected to grow at the highest CAGR during the forecast period. Increasing demand for high-speed data connectivity to share high-definition audio and video content with command centers during field operations by law enforcement & border control agencies is augmenting the growth of this segment of the market.

Among end users, the utilities segment of the PS-LTE market is projected to witness the highest growth during the forecast period. In the utilities vertical, PS-LTE channels are widely used to notify emergencies. Moreover, emergency medical services and firefighting services are also being publicly or privately deployed to ensure the safety of the masses. The utilities vertical uses audio and video surveillance systems for securing people and assets. The deployment of such systems helps in preparing, detecting, and preventing emergencies. 

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The PS-LTE market in North America is projected to witness the highest growth during the forecast period. The growth of the market in this region is driven mostly by increase in the number of terrorist attacks and the occurrence of natural calamities such as floods, cyclones, forest fires, and earthquakes, and cyberattacks in the region.
 


The adoption of artificial intelligence in public safety can be foreseen as a considerable growth opportunity for the market players. For instance, in April 2019, Motorola Solutions (US) introduced a tactical LTE system, an ultraportable 4G multimedia data communication device integrated with a broadband network, at LAAD (public and corporate security international exhibition) held in Brazil. This device can be carried in a backpack. This rugged LEX L11 device has a push-to-talk feature and is capable of sending and receiving images, maps, and data between different security forces. The company also showcased cameras, sensors, advanced analytics, 4G devices, and radios that are integrated with connected platforms. The AI-based analytics software offered by the company helps to locate vehicles or people quickly and sends alerts when any unusual movement is detected.

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