The critical communication market is expected to grow from USD 13.9 billion in 2019 to USD 19.8 billion by 2024, at a CAGR of 7.4%. High demand for critical communication solutions from diverse industries such as public safety, transportation, & medical, advanced features of critical communication network, and increasing need to modernize old equipment are the major driving factors for market growth during the forecast period.
Many industries such as transportation, public safety, aerospace, mining, oil & gas, military & defense, aviation, marine, healthcare, public safety, retail, home security, and fire department demand critical communication solutions for achieving real-time information on the system performance and warning about any unexpected failure and emergencies. Reliable and secure communication in industries help them to reduce their capital and operational expenditures, address threats proactively, and make faster & more informed decisions to respond to emergencies, events, gatherings, unexpected crowds, or traffic congestion.
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Critical communication makers focus on product launches, agreements, contracts, collaborations, and partnerships to enter into new market segments. Critical communication solution providers are expanding by offering technologically advanced solutions to increase their market presence in the critical communication market.
Key players in the market include in the market include Motorola Solutions (US), Ericsson (Sweden), Nokia (Finland), Huawei (China), AT&T (US), Hariss (US), ZTE (China), Cobham Wireless (UK), Inmarsat (UK), Hytera (China), JVCKENWOOD Corporation (Japan), Mentura Group (Finland), Tait Communications (New Zealand), Telestra (Australia), Ascom (Switzerland), Zenitel (Belgium), Leonardo (Italy), Secure Land Communications (France), and Simoco Wireless Solutions (UK).
Motorola Solutions (US), one of the global leaders, has a broad product portfolio in the critical communication market. The company has the infrastructure and its technology platforms in critical communications, video security solutions, command center software, and support services help to make cities safer and businesses to grow. The company’s critical communication solutions, such as land mobile radio (LMR), keep people connected and help them to stay safe. Motorola Solutions operates through the following segments: Products and Systems Integration, and Services and Software. The company has a global footprint in more than 100 countries and has over 12,500 systems deployed across the world. Motorola has formed alliances with players such as Ericsson, Telstra, and Qualcomm to innovate its first LTE Broadcast-enabled PTT calls. It addresses the communication requirements of government agencies, state and local public safety and first-responder agencies, and commercial and industrial customers that use private communications networks and manage mobile workforces.
Hytera (China) manufactures and sells a variety of wireless land mobile radios. Its product line comprises the DMR series of LMRs, TETRA LMRs, and analog conventional land mobile radios. Hytera is one of the leading global providers of innovative professional mobile radio (PMR) communication solutions to governmental organizations, public security institutions, and customers from other verticals such as transportation and mining. Hytera provides a complete portfolio of PMR products from analog and digital to integrated broadband and narrowband products, including digital radio and trunking systems, smart radio and systems, command and dispatch systems, communication command vehicle systems, PMR-IoT, and emergency response systems, satellite communications systems, and smart accessories.
Critical Communication Market by Offering (Hardware, Services), Technology (Land Mobile Radio, Long-Term Evolution), End-Use Vertical (Public Safety, Transportation, Utilities, Mining), and Region (North America, Europe, APAC, RoW)-Global Forecast to 2024
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