Latest market study on "The Public Safety LTE & Mobile Broadband Market: 2016 - 2030 - Opportunities, Challenges, Strategies & Forecasts"
Albany, NY -- (SBWIRE) -- 11/28/2017 -- Traditional voice-centric land mobile radio (LMR) reels under bandwidth limitations, which has compelled public safety organizations to leverage commercial cellular technologies to suffice their growing broadband application requirements. On the back of thriving ecosystem, performance metrics, and spectrum flexibility, LTE has come to fore as the leading candidate for mobile broadband networks in public safety. MarketResearchReports,biz has announced the addition of a report, titled "The Public Safety LTE & Mobile Broadband Market: 2016 - 2030 - Opportunities, Challenges, Strategies & Forecasts," which presents insights into the various trends affecting the global public safety LTE and Mobile Broadband Market's trajectory.
Besides covering various growth drivers and restraints, the report segments the global public safety LTE and mobile broadband market based on various parameters. This classification is carried out to identify the segments showing the most lucrative prospects. Furthermore, the prevailing competitive landscape is analyzed in detail. Information thus compiled in the market study is appropriate for interested companies to gauge the investment feasibility of the market.
The report forecasts promising growth for the market. Prospects are expected to become more lucrative with recent approvals of the Mission Critical Push to Talk (MCPTT) voice standard as an inclusion in the 3GPP Release 13. Furthermore, LTE is also considered an attractive substitute for providing voice services like LMR.
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The Qatar Ministry of Interior was at the fore of deploying a private 800 MHz LTE network back in 2012. Following it, several public safety LTE networks were deployed across the globe, including China, Turkey, Kenya, UAE, and Laos. Several early adopters domiciled in the US are also operational as a part of the nation's planned public safety broadband network. Unlike a majority of the LTE investments, which are limited to small-scale networks, the nationwide rollouts in the US and South Korea are likely to spur more large-scale investments around the world.
Meanwhile, the market in Europe is led by MVNO arrangements such as the Home Office's Emergency Service Network program in the UK, which is slated to use EE's commercial LTE network to deliver data services and prioritized mission critical voice for the public safety agencies across the UK. EE follows a robust a modus operandi, first intended at improving existing networks with additional sites. It has a dedicated mobile core for first responders, besides focusing on enhancing satellite backhaul among other investments.
Bolstered by thriving ecosystem, the report approximates an annual investment of US$600 mn on public safety LTE infrastructure in 2016. The market, which encompasses mobile core, base stations, and transport networking gear is projected to exhibit an impressive 33% CAGR over the next four years. By the end of 2020, the infrastructure investment is likely to get complemented by more than 4.4 million LTE device shipments, including vehicular routers, rugged handheld terminals, and smartphones.
Besides gauging the effect of the aforementioned events and forecasts on the global public safety LTE and mobile broadband market, the report also lists some of the leading companies operating therein. Studying their strategies to remain competitive, has provided a comprehensive overview of the market's vendor landscape. This section is also intended at estimating the extent at which the prevailing competition and the subsequent strategies adopted by the companies affect the global public safety LTE and mobile broadband market. Some of the companies mentioned in the report are 3GPP, Australian Communications and Media Authority (ACMA), Aeroflex, BAE Systems, Barrett Communications, Bird Technologies, Cellvine, Core Network Dynamics, DragonWave, Eastcom, Etherstack, Genesis Group, HQT Radio, HTC, Intrepid Networks, and others.
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