Public Safety-LTE Market

Market Leadership - Public Safety-LTE Market

The Public safety LTE market is expected to be valued at USD 5.9 billion in 2020 and is likely to reach USD 15.4 billion by 2025; it is expected to grow at a CAGR of 21.1% during the forecast period. Adoption of LTE technology to eliminate the existing interconnectivity issues between different networks, increase in demand for unmanned vehicles globally, seamless data connectivity offered by LTE technology, and the COVID-19 pandemic is driving the need for efficient and extensive network capacity are expected to help the growth of the PS-LTE market during the forecast period.

Major players operating in the PS-LTE market are Motorola Solutions, Inc. (US), General Dynamics Corporation (US), Airbus SE (Netherlands), Nokia (Finland), Harris Corporation (US), Huawei Technologies Co. Ltd. (China), Bittium Corporation (Finland), Samsung Electronics Co. Ltd. (South Korea), AT&T, Inc. (US), ZTE Corporation (China), Hytera Communications Corporation (China), and KT Corporation (South Korea).

To know about the assumptions considered for the study download the pdf brochure

Top 2 players in the Public Safety LTE Market are:

Motorola Solutions (US)

Motorola Solutions held the first position in the PS-LTE market in 2019 based on its product offerings, R&D activities undertaken by it, and market strategies adopted by it over the past 2 years. For PS-LTE, the company primarily offers LTE devices and systems. It has a strong product line of PS-LTE devices and offers a complete set of relevant services ranging from infrastructure services to device services and managed and support services. Moreover, Motorola Solutions has continuously increased its R&D spending over the years that has resulted in significant new product launches and developments and provided it the first-mover advantage in terms of upcoming technologies. Furthermore, the company has adopted the strategy of acquisitions to bridge the technological gaps and improve its geographic footprint in new markets

In January 2020, Motorola Solutions announced its ongoing development of a 900 MHz private broadband solution that will offer high-power and interoperable communications to critical infrastructure entities. The announcement anticipates a regulatory proceeding by the Federal Communications Commission (FCC) to realign the 900 MHz band, one of the prime sub-GHz dedicated spectrum, to increase capacity for broadband use.

  • In October 2019, Motorola Solutions launched APX NEXT, its next-generation mission-critical Project 25 (P25) public safety radio with LTE for enhanced communications and data-centric application services. The company also launched ViQi, a public safety virtual assistant that provides vital information to first responders in the field and allows users to operate APX NEXT via voice control.

Nokia (Finland)

Nokia is among the key players operating in the PS-LTE market. The company offers end-to-end solutions for public safety that comprise various hardware and software solutions for public safety LTE communication service providers and end users. Nokia has an even geographic footprint, and the majority of its revenue comes from developed markets in North America and Europe. It has witnessed an increase in its top line from technology emerging countries such as China and India. Moreover, currently, Nokia is emphasizing on collaborations and partnerships with providers of public safety services in countries such as China, India, and Peru to increase its share in the PS-LTE market.

  • In March 2020, Nokia and Swiss Federal Railways completed a proof of concept trial to help define radio frequency for the new Future Railway Mobile Communication System (FRMCS) standard. As part of the collaboration, Nokia carried out LTE 1900MHz Time Division Duplex (TDD) radio frequency testing with SBB in the cantons of Fribourg and Neuchâtel, Switzerland. Due to be introduced in 2025, FRMCS will bring a host of benefits to rail operators and passengers. These include cost containment through increased utilization of existing infrastructure, enhanced levels of safety and security, and improved rail network performance and reliability.
  • In September 2017, Nokia completely modernized its nationwide LTE network for Ukkoverkot, a Finland-based private network operator that offers wireless data communication services to infrastructure operators, the industrial IoT market, public safety agencies, the maritime industry, and both residents and enterprises in remote areas of Finland. This new network is powered by the leading LTE solution of Nokia that offers superior network quality, capacity, security, and reliability required for special use cases.

Related Reports:

Public Safety-LTE Market by Infrastructure (E-UTRAN, EPC), Services (Consulting and Integration), Deployment Model (Private, Hybrid), Application (Law Enforcement, Firefighting Services), and Region - Global Forecast to 2025

Contact:
Mr. Aashish Mehra
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA : 1-888-600-6441
[email protected]

Report Code
SE 5575
RI Published ON
7/20/2020
Choose License Type
BUY NOW
  • SHARE
X
Request Customization
Speak to Analyst
Speak to Analyst
OR FACE-TO-FACE MEETING
PERSONALIZE THIS RESEARCH
  • Triangulate with your Own Data
  • Get Data as per your Format and Definition
  • Gain a Deeper Dive on a Specific Application, Geography, Customer or Competitor
  • Any level of Personalization
REQUEST A FREE CUSTOMIZATION
LET US HELP YOU!
  • What are the Known and Unknown Adjacencies Impacting the Public Safety-LTE Market
  • What will your New Revenue Sources be?
  • Who will be your Top Customer; what will make them switch?
  • Defend your Market Share or Win Competitors
  • Get a Scorecard for Target Partners
REQUEST A FREE WORKSHOP
ADJACENT MARKETS
REQUEST BUNDLE REPORTS
+1-888-600-6441
  • Call Us
  • +1-888-600-6441 (Corporate office hours)
  • +1-888-600-6441 (US/Can toll free)
  • +44-800-368-9399 (UK office hours)
CONNECT WITH US
ABOUT TRUST ONLINE
©2022 MarketsandMarkets Research Private Ltd. All rights reserved