Public Safety LTE & Mobile Broadband Market Is Anticipated To Witness Lucrative Growth By 2020: Hexa Reports

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The public safety LTE (Long-term evolution) market was valued at around USD 240 million in 2011. The global mobile broadband market in public safety is expected to grow at a CAGR of nearly 8% till 2018.

The growth can be attributed to the increasing demand for data intensive public safety. Safety and security is critical to any nation. The safety of its residents relies upon the right information to the right people at the right time, with compromising the safety. Public safety LTE has introduced the next-generation wireless broadband technology for the people with the help of suitable real-time voice, data, video interaction, and others.

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Rise in disaster and terrorism, the demand for emergency communications solutions; it is imperative that the information of a person’s safety and security is conveyed. LTE devices allow the safety personnel (firemen, ambulance, police, etc.) to access information in real-time about the environment. These qualities will augment the demand of public safety LTE devices in the coming years. Furthermore, acceptance and evolution of the LTE technology can impel market growth.

However, the lack of interoperability amongst public safety networks can obstruct market growth. The global public safety LTE & mobile broadband market is segmented into devices, end-users, applications, and regions.

The devices comprise of enhanced Node B (eNB). Node B dominated the segment in 2015. It is expected to reach USD 1 billion by 2020. eNB is an integral part of the LTE network, it has proven to be successful in data-intensive markets globally. eNB with 4G LTE technology can propel market growth in the coming years.

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End-users of the mobile broadband market in public safety are segmented into public sector and private sector. On the basis of applications the industry is fragmented into medical telemetry, vehicle surveillance, natural calamity & disaster management, video surveillance, and geographical information system (GIS).

Regions encompass, Asia Pacific, North America, Europe, the Middle East & Africa (MEA), and South and Central America (SCA). North America dominated the market with around 50% of market share in 2015. Awareness and public safety technologies in region attributed to the growth of the region’s growth.

The major competitors of the market are General Dynamics Mission Systems, Motorola Solutions, Alcatel-Lucent, Iridium Communications, and Tata Advanced Systems.

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Hexa Reports is a market research and consulting organization, offering industry reports, custom research and consulting services to a host of key industries across the globe. We offer comprehensive business intelligence in the form of industry reports which help our clients obtain clarity about their business environment and enable them to undertake strategic growth initiatives.

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