Publication Month: Jun 2022 | Report Code: TIPRE00010663 | No. of Pages: 191 | Category: Electronics and Semiconductor | Status: Published
Mission-critical communications are the approaches adopted to provide communication methods when traditional networks fail to address the needs. This is common at huge public events, as thousands of mobile users utilize the network simultaneously, and most public communications networks cannot sustain such intensity without collapsing. Traditional cell networks also fail in disaster-stricken areas or public safety crises, leaving onsite first responders without communication systems. Mission critical communications are also important in the oil & gas sector, coast guard departments, homeland security departments, transportation industry, unmanned vehicles, among others.
A surge in the cases of terrorism, border tensions, natural disasters, symmetric warfare, insurgencies; cross-border communication in major emergencies; damage communications infrastructures; different safety-critical tasks like lifting operations, entry to confined spaces, emergency response; need to establish coordination of between different parties, the demand for mission critical communication will grow. Also, mission-critical network and infrastructure systems provide better broadband connectivity, mobility, interoperability, and security.
|Market Size Value in||US$ 17,031.56 Million in 2022|
|Market Size Value by||US$ 27,876.68 Million by 2028|
|Growth rate||CAGR of 8.6% from 2022 to 2028|
|No. of Pages||191|
|No. of Tables||88|
|No. of Charts & Figures||88|
|Historical data available||Yes|
|Segments covered||Component, Technology, and Vertical|
|Regional scope||North America, Europe, Asia Pacific, Middle East & Africa, South & Central America|
|Country scope||US, Canada, Mexico, UK, Germany, Italy, France, India, China, Japan, South Korea, Australia, UAE, Saudi Arabia, South Africa, Brazil, Argentina|
|Report coverage||Revenue forecast, company ranking, competitive landscape, growth factors, and trends|
|Free Sample Copy Available|
The COVID-19 pandemic hampered the mission critical communication market growth due to disruptions in supply chain activities and limitations imposed on international trade during the pandemic. The unconducive conditions for economic activities led to a brief halt in operations at key mission critical communication hardware manufacturing locations. As a result, several major component suppliers and technology providers redirected their focus to reducing costs and scaling down manufacturing activities. However, owing to the uninterrupted demand for electronics, companies in the mission critical communication market growth could resume operations during the recovery period in 2021.
Get more information on this report :
The mission critical communication market, based on geography, is segmented into North America, Europe, Asia Pacific (APAC), the Middle East & Africa (MEA), and South America (SAM). The Europe held largest market share in 2021, whereas Asia Pacific is expected to register the highest CAGR during the forecast period.
According to the European Union Agency, the number of cyberattacks rose from 432 in 2019 to 756 in 2020. Mission critical communication systems play a vital role in detecting and preventing cyberattacks. BroadNet—the European Public Safety Plan is focused on the adoption of secured mission critical broadband communications that can be operated from remote locations to ensure safety across the countries. Thus, the rise in security threats with the increasing cyberattack cases and government initiatives to adopt advanced communication solutions for security purposes are expected to create lucrative opportunities for the mission critical communication market share in Europe in the coming years.
In Europe countries, like Sweden, the Netherlands, and Switzerland are heavily investing in the development of power generation plants for reducing their carbon footprint. These factors are further contributing to the growth of the market. Additionally, new product launches across the region are further expected to propel the growth of the mission critical communication market. For instance, in April 2019, In the recently opened 410-430 MHz band, Nokia and Nordic Telecom have built the first Mission Critical Communication (MCC)-capable LTE network in the world. The Czech operator Nordic Telecom will be able to accelerate public safety and disaster relief activities thanks to Nokia's cutting-edge and future-proof mobile broadband solution, which enables new services only attainable on mobile broadband networks. Industrial development in mentioned countries will help in fueling the growth of mission critical communication market.
Based on technology, the mission critical communication market is bifurcated into land mobile radio and LTE. The LTE segment held a larger mission critical communication market share in 2021. The LTE is a 4G wireless standard that improves network capacity and speed for cellphones, as well as other cellular devices. In addition to lower latency and expandable bandwidth capacity, it has backward compatibility with the existing global system for mobile communication and universal mobile telecommunications service technologies.
The mission critical communication market size has been segmented based on component, technology, vertical, and geography. Based on component, the mission critical communication market size is segmented into hardware, software, and services. Based on technology, the market analysis is bifurcated into LTE and land mobile radio. Based on vertical, the market analysis is categorized into public safety and government agencies, transportation, energy and utilities, mining, and others. Based on geography, the market is primarily segmented into North America, Europe, Asia Pacific (APAC), the Middle East & Africa (MEA), and South America.
Telefonaktiebolaget LM Ericsson; Thales Group; Motorola Solutions; L3Harris Technologies, Inc.; and Hytera Communications Corporation Ltd. are some of the prominent market players. The mission critical communication market is highly fragmented with several players localized in a specific region, which make them focus on catering to domestic demands.
The mission critical communication market players mainly focus on developing advanced and efficient products.