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Increasing Adoption of LTE for Critical Communications Networks in Public Safety and Energy Sector to Accentuate Market

LTE for Critical Communications Technology Advancement, Industry Detailed Analysis and Forecast 2016 - 2030 - Opportunities, Challenges, Strategies

 

Albany, NY -- (SBWIRE) -- 08/10/2017 -- MarketResearchReports.biz has announced the addition of a new report, titled "LTE for Critical Communications: 2016 - 2030 - Opportunities, Challenges, Strategies, & Forecasts". The comprehensive report on the LTE networks for critical communications market explores key drivers and challenges, share of various segments, investment trends in major regions, lucrative growth avenues, and competitive landscape. The research offers an elaborate assessment of the recent developments in critical communications and regulatory landscape in key regions favorably impacting the demand for LTE technology.

The study takes a closer look at the impact LTE is likely to have over the critical communication landscape in various developing and developed nations. In addition, it highlights key factors leading to the emergence of new application segments and offers insights into evolving standards in different countries. The rising broadband constraints of narrowband LMR (land mobile radio) networks for a number of mission-critical voice and data services has led to the evolution of the market for critical communications LTE networks.

The rising prominence of LTE for meeting a variety of requirements in mobile broadband services such as video and data transmission that need high bandwidth is a key factor driving the LTE market for critical communications. The market for critical communications LTE networks is projected to cross a valuation of US$2 billion by the end of 2020. The valuation includes spending on base stations, transport networking gear, and mobile core.

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The growing adoption of LTE networks in critical communications is attributed to its increased spectrum flexibility and spectacular performance metrics. LTE has become a viable substitute for providing several voice services on the lines of LMR. Numerous critical communications organizations world over are inclined toward critical deploying private LTE networks or are entering into contracts with commercial service providers, in a move to boost their broadband capabilities. Several safety agencies and government organizations are actively planning to boost their networks with LTE-based public safety solutions. Furthermore, in recent years, there have been wide roll-outs of LTE in the energy sector, which is expected to accentuate the market.

Geographically, the Middle East and Asia Pacific are expected to witness substantial demand for critical communications LTE networks. Several countries in these regions have been early-adopters of the technology. The growing standardization in operating models in various developing and developed nations is expected to boost the market. The approval of Mission Critical Push to Talk voice standard in recent years has bode well for the critical communications LTE networks market. The advent Release 13 of 3GPP standards is further expected to accentuate the market in the coming years.

Some of the prominent market players operating in the LTE critical communication market are Agile Networks, Airbus Defence and Space, Affirmed Networks, Advantech Wireless, Advantech, Addis Ababa Light Rail, Aculab, ACMA (Australian Communications and Media Authority), AceAxis, Accelleran, Accelerated Concepts, Aaeon, and 5G-PPP.

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