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Public Safety LTE Market is Expected to Grow at a CAGR of +21% to reach $26.85 Billion by 2028 | Insight Partners

Insight Partners |

Insight Partners |

Public Security LTE Market Valued at USD 7.00 Billion in 2021; Recording at a compound annual growth rate of 21.5% from 2022 to 2028, says Insight Partners.

NEW YORK, US, Nov. 25, 2022 / – Insight Partners analyst has added new research study on Global Headline Public Safety LTE Market Size, Share, Growth Industry Research Report 2022-2028 with a detailed overview of market dynamics, segmentation, and portfolio. Products, business plans, and the latest developments in the industry. Public Safety LTE market is expected to reach USD 26.85 billion by 2028; It is expected to grow at a CAGR of 21.5% from 2022 to 2028. This report highlights key market dynamics of the Public Safety LTE industry and covers future market trends, historical data, environment, technological innovation, upcoming technologies, and technical advances in the relevant industry. This LTE Public Safety report provides current and upcoming technical and financial details of the industry up to 2028.

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The growing demand for reliable networks during emergencies is driving the growth of the LTE public safety market

Network operators are focusing on new strategies to design and manage their communications infrastructure to respond to the ever-rapid evolution of networks and services to ensure reliable network operations. Telecom service providers are likely to start the second phase of 5G telecom network deployment. Businesses require changes in network infrastructure to support new highly reliable services with up to six nine available. Similarly, disaster resilience in communication networks is gaining unprecedented attention from the media, governments, and businesses.

For example, during the COVID-19 pandemic, countries need a flood of network traffic around the world to facilitate remote work. increasing the potential for network reconfiguration through Software Defined Networking (SDN); Integration/convergence of technologies such as optical, satellite, wireless, and data center networks; Enhanced forms of data/service redundancy, powered by edge computing; Network slicing, used to carve highly reliable logical partitions for network, computing, and storage resources. Thus, the increasing demand for reliable networks during emergency situations is stimulating the growth of the LTE market in the field of public safety.

The Global Public Safety LTE Market report is provided for the international markets as well as development trends, competitive landscape analysis, and key regions development status. Development policies and plans are discussed as well as analysis of manufacturing processes and cost structures. This report also shows import/export consumption, supply and demand figures, cost, price, revenue, and gross margins. Third by regions, this report focuses on LTE Public Safety sales (consumption), production, import and export of LTE in United States, Europe, China, Japan, Southeast Asia and India.

Some of the key players operating in the global Public Safety LTE market report are:

amdocs. Apple company ; Alcatel-Lucent SA; AT&T Inc. Broadcom Ltd. Cisco Systems Inc. dell company; Eden Rock Communications; Ericsson. And Fujitsu Ltd are among the key players identified during this study on the Public Safety LTE market. Many other large companies are studied and analyzed during this research study to get a comprehensive view of the Public Safety LTE market and its ecosystem.

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The shifting focus of companies towards implementing PTT solutions offered by LTE LTE networks is one of the developing trends in the LTE public safety market. LTE networks in mobile communications have replaced LMR communications technology. These networks are used by various organizations to provide enhanced communications. As a result, the massive bandwidth architecture of mission-critical PTT, push to locate, push to message, and push to alert communication services is being developed, contributing to the growth of the public safety LTE market.

Moreover, large companies in various sectors including public safety, government, defense, transportation and logistics – are implementing LTE-enabled solutions in their business applications to enhance the productivity and efficiency of field personnel, streamline their workflow, and reduce company hardware expenses. Wireless technologies such as WLAN and LTE in PTT devices make multiple connections simultaneously. The high demand for LTE-enabled PTT systems is attributed to their cost-effectiveness and multiple features, stimulating the growth of the LTE public safety market.

Major players in the Public Safety LTE market are pursuing different business strategies, such as mergers, collaborations, and product launches, to meet the growing needs for these solutions. Siyata Mobile, for example, teamed up with Verizon, a Canadian provider of cellular PTT communications equipment, in March 2020, and together they introduced the “Uniden UV350” PTT LTE in-car cellular IoT device. This device provides corporate customers with access to Siyata Mobile’s in-vehicle communications solutions.

In the public safety LTE market, factors such as the rise of terrorism and the growing need for public safety, leading to the need for a reliable network during emergency situations, are also contributing to the prevalence of LTE for public safety. However, high implementation costs, restricted data transmission capabilities, and limited spectrum bandwidth hinder the growth of the public safety LTE market. On the other hand, government investments in mission-critical communication systems in the defense sector are likely to boost the growth of the public safety LTE market in the coming years. LTE Broadcast, a single-frequency network (SFN), has provided an efficient approach to providing mass media material over LTE-Advanced cellular networks by allowing for dynamic, scalable, and cost-effective applications; This development has helped carriers meet the on-demand viewing needs of long-form, live video broadcasts on mobile devices. The eMBMS also improved the efficiency of mission-critical push-to-talk (PTT) conversations (voice/data/text) in public safety and other critical communications by transmitting voice data through a single IP multicast broadcast to all group participants in the cell.

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Scope/segmentation of the LTE Public Safety market

By infrastructure (wireless access network, evolving packet core and policy, connectivity and mobile transport)

By Management and Integration Solutions (Network Integration and Testing, Device Management and User Services, Managed Services, Operations and Maintenance, Cyber ​​Security)

By device (smartphones and handheld terminals, vehicle-mounted routers and terminals, tablets and laptops, USB dongles, etc.), and subscription (private LTE and commercial LTE)

By Application (Video Applications, GIS, AVLS and Mapping, Mobile VPN Access and Security, CAD, Remote Database Access, Telemetry and Telediagnostics, Multimedia/Data Transfer, PTT and Voice over LTE, Situational Awareness Applications)

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