Dispatch Console Market to Reach US$2.3 bn by 2020, Propelled by Better Tech and Growing Transportation Industry

The global dispatch console market is expected to progress at a CAGR of 4.50% between 2014 and 2020. The market was valued at US$1.7 bn in 2013 and is expected to reach US$2.3 bn by the end of 2020, according to a research report released by Transparency Market Research, titled “Dispatch Console Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2014 - 2020”.According to the report, the global dispatch console market is mainly driven by improvements in technology, which allow a superior level of interoperability and scalability. This applies specially to operations that rely heavily on data-sensitive missions.

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The global dispatch console market is hampered by the growing security risks faced by several countries and emergency communication services that are already being consolidated in developed economies, such as the U.S. This is hindering the growth of the global dispatch console market and is expected to continue restricting its growth rate for the forecast period.The future of the global dispatch console market, as stated in the report, lies in the growing demand for interoperable communication systems, as the market is expected to gain fairly high demand from the transportation sector.

According to application, the report divides the global dispatch console market into government and military, manufacturing, utilities, public safety, transportation, and others. The global dispatch console market was dominated by the public safety segment in 2013, when the segment held a fourth of the market. The report also states that public safety is set to remain the dominant application segment with the fastest growth rate within the given forecast period. The demand for this segment is high due to a growing demand from emerging economies.

Geographical analysis has been presented in the report, which states that the leading regional segment of the global dispatch console market in 2013 was North America. At the time, North America held nearly a third of the global dispatch console market. This dominant position was created by the high demand from military services and dispatch centers for public safety for wireless communication solutions. The region also houses a large number of leading companies in the global dispatch console market, owing to which the level of research and development and investment opportunities are also greater.

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The key players in the global dispatch console market are Exelis, Inc., iNEMSOFT, Inc., Frequentis AG, Siemens Convergence Creators GmbH, Airbus DS Communications, Omnitronics, EF Johnson Technologies, Inc., Evans Consoles Corp., Harris Corp., Cisco Systems, Inc., Telex Radio Dispatch, Avtec Inc., Zetron, Inc., Catalyst Communications Technologies, Inc., and Motorola Solutions Inc.The global dispatch console market deals in instruments that are of major importance to public service agencies, military bodies, rail transport systems, first responder systems, emergency healthcare services, and fire departments.

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This release was published on openPR.