Report : Public Safety and Government Agencies Mission Critical Communication Market Forecast to 2028 - COVID-19 Impact and Global Analysis By Component (Hardware, Software, and Services); Technology (Land Mobile Radio (LMR), Long-Term Evolution (LTE), and WiFi Mesh)
According to our new research study on “Public Safety and Government Agencies Mission Critical Communication (MCX) Market Forecast to 2028 – COVID-19 Impact and Global Analysis – by Component, Technology, and Geography,” market is projected to reach US$ 9,390.0 million by 2028 from US$ 5,684.3 million in 2021; it is estimated to grow at a CAGR of 7.4% from 2021 to 2028.
Many lives are lost during natural calamities. Some losses could be avoided if public agencies offered timely information about the nature of the crisis, which helps design the response. In addition, public warnings can be helpful in terrorist attacks and other catastrophic events like the Fukushima Daichi nuclear power plant accident and the Tianjin port explosion. The resiliency and robustness of mobile networks can be enhanced due to the “hardening,” For example, in the case of a power outage or network infrastructure damage, the network can remain operational for a prolonged length of time. It is vital to guarantee that the standards for products and services that facilitate mission-critical communications are of the superior quality as a service failure in these scenarios could have disastrous consequences. Therefore, sufficient efforts are made to build resilient products. Mission-critical communications are not limited to a relatively small market, such as public safety, but rather the economies of scale are fully leveraged so that the additional development costs required to ensure the desired quality are shared across a more extensive user base.
The public safety and government agencies mission critical communication market is segmented on the basis of component and technology. Based on component, the public safety and government agencies mission critical communication market is segmented into hardware, software, and services. Based on technology, the public safety and government agencies mission critical communication market is segmented into LMR, LTE, and Wi-Fi Mesh. In terms of geography, the public safety and government agencies mission critical communication market is primarily segmented into North America, Europe, Asia Pacific, the Middle East & Africa, and South America.
North America is among the eminent regions in adopting smart or IoT-based devices due to the state-of-the-art infrastructure available in several countries, supporting high-speed internet services. The region is also seeing a major increase in the use of critical communications technologies due to continuous improvements in the technology landscape and increased acceptance of digital LMR products by government and commercial sectors. The US government created interoperability standards to enable the optimal use of LMR technology products as well as fast and uninterrupted communication in the event of a disaster. North America is regarded as the most advanced region in terms of essential communication technology and infrastructure adoption.
Ascom Holding AG (Ascom), Globalstar, Inmarsat Global Limited, Iridium Communications Inc., nbn co ltd., SES S.A., Telesat, Thuraya Telecommunications Company, AT&T Inc., and SPACEX are among the major companies operating in the public safety and government agencies mission critical communication (MCX)s market.
Contact Person: Sameer Joshi
Email Id: email@example.com