Critical Communication Market Size Estimated to Observe Significant Growth by 2025

The importance of critical communication is realized when human life is at risk and where timely and reliable communication between the first responders can be the difference between life and death. The term first responders is mostly associated with but not limited to “blue lights” agencies like police, fire brigade, and ambulance. A major trend observed in the market is companies switching to digital and broadband technologies.

There are many factors driving the global critical communication market. The growing need for modernization and replacement of old and aging communication equipment with new age advanced equipment is expected to be a major driver of the market. The advanced features of new age critical communication equipment is also expected to help drive the market. Another factor that is propelling the market is the application of critical communication in a variety of industries ranging from emergency services to oil & gas operations.

There are, however, some factors that are restraining the market’s growth. Interoperability issues caused due to multiple standards and limited spectrum bandwidth are expected to be a major restraint of the market. Multiple communications standards like 2G, 3G, 4G LTE, LMR, and DMR among others add to the increasing complexity in network operations which in turn add to the cost and is anticipated to hinder the market growth during the forecast period.

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Sizeable opportunities exist in the critical communication market. The possible standardization of infrastructure platforms can open new doors for emerging players in the market. With this standardization, interoperability issues could be resolved too.

The global critical communication market can be segmented on the basis of network technology, offering, end-use vertical, and geography. On the basis of network technology, the market can be segmented into Land mobile radios (LMRs) and Long-term evolution (LTE). Based on the network technology, Land mobile radios (LMRs) are expected to hold a major share of the market owing to their extensive usage for public safety throughout the forecast period. On the basis of offering, the market can be divided into hardware and services.

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Based on offering, the hardware sub-segment is expected to hold a major share of the market as it forms the backbone of critical communication infrastructure. On the basis of end-use vertical, the market can be segmented into public safety, transportation, utilities, mining and others. The others sub-segment can be further bifurcated into business and commerce. Based on end-use vertical, the transportation sub-segment is expected to expand at the fastest rate owing to the increasing demand for critical communication solutions at public places like airports in developing economies such as India and China. Furthermore, the need to upgrade from analog networks to digital networks like LTE and TETRA is expected to add to the share of the transportation sub-segment.

On the basis of geography, the critical communication market can be segmented into North America, Europe, Asia Pacific, Middle East & Africa, and South America. Europe is expected to hold a major share of the total market owing to its higher adoption, especially in western European economies like Germany, Italy, and France. In terms of CAGR, Asia Pacific is expected to emerge as the fastest growing market. This is due to the new technological and infrastructure developments in transportation vertical in China, South Korea, and India. Moreover, the increasing number of smart city projects and terrorist threats in the region is expected to add to the market’s growth in the region.

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The major players in the global critical communication market are Ascom Holding AG, AT&T Inc., Cobham Wireless, Ericsson AB, Harris Corporation, Huawei Technologies Co., Ltd., Hytera Communications, and Inmarsat plc. Other prominent market players include Leonardo – Società per azioni, Mentura Group Oy, Motorola Solutions, Inc., Telstra Corporation Ltd., Nokia, Zenitel, and ZTE Corporation.

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This release was published on openPR.