North America Public Safety and Government Agencies Mission-Critical Communication (MCX) Market is expected to reach US$ 3,246.13 million by 2028


PRESS RELEASE BY The Insight Partners 14 Jan 2022

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The hardware Segment to Dominate North America Public Safety and Government Agencies Mission Critical Communication (MCX) Market during 2021-2028

According to The Insight Partners market research study on “North America public safety and government agencies mission critical communication (MCX) Market to 2028 – COVID-19 Impact and Regional Analysis and Forecast – by Component, Technology and Country,” is expected to reach US$ 3,246.13 million by 2028 from US$ 1,984.96 million in 2021. The market is estimated to grow at a CAGR of 7.3% from 2021 to 2028. The report provides trends prevailing in the North America public safety and government agencies mission critical communication (MCX) market along with the drivers and restraints pertaining to the market growth. Increasing demand for reliable network during emergencies and rising demand from various government agencies are major factors driving the growth of the North America public safety and government agencies mission critical communication (MCX) market. However, limited spectrum bandwidth may hinder the growth of North America public safety and government agencies mission critical communication (MCX) market.

The COVID-19 pandemic has significantly affected the mission-critical communication industry in North America, resulting in substantial financial losses for end-user industries, compelling them to postpone their MCX implementation plans. The pandemic impacted operations at key MCX hardware manufacturing sites, requiring a brief halt. As a result, several significant component suppliers and technology providers have shifted their focus on cutting costs and decreasing manufacturing scales. As the demand for electronics remained unaltered, it is helping the market players to resume growth during the recovery period. The increasing adoption of 5G smartphones had some positive impact on the market after the lockdown period. Due to continuous upgrades in technologies and increased acceptance of digital LMR products by the government and commercial sectors, North American countries are exhibiting high adoption of critical communications technology. The US government also created an interoperability standard to enable optimal use of LMR technology products, and fast and uninterrupted communication during disaster events.

The market for North America public safety and government agencies mission critical communication (MCX) is segmented into component, technology, and country. Based on component, the market is segmented into hardware, software, and services. In 2020, the hardware segment held the largest share in North America public safety and government agencies mission critical communication (MCX) market. Based on technology, the North America public safety and government agencies mission critical communication (MCX) market is divided into land mobile radio (LMR), long-term evolution (LTE), and WiFi mesh. The WiFi mesh segment is expected to be the fastest growing segment over the forecast period. Based on country, the North America public safety and government agencies mission critical communication (MCX) market is divided into US, Canada and Mexico. In 2020, US held the largest share in North America public safety and government agencies mission critical communication (MCX) market. Furthermore, in this present scenario of COVID 19 pandemic, the North America public safety and government agencies mission critical communication (MCX) market has been facing difficulties and several countries have suffered heavily. The manufacturing sectors in the North America countries have been experiencing low production and a weak supply chain. Thereby, impacting the market for public safety and government agencies mission critical communication (MCX).

Ascom Holding AG (Ascom); Globalstar.; Inmarsat Global Limited; Iridium Communications Inc.; SES S.A; Telesat; Thuraya Telecommunications Company; AT&T Inc.; and SPACEX are some of the leading companies in the North America public safety and government agencies mission critical communication (MCX) market. The companies are focused on adopting organic growth strategies such as product launches and expansions to sustain their position in the dynamic market.

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