Hyderabad News Desk

Public Safety-LTE Market expected to reach $15.4 billion by 2025 | CAGR of 21.1%

 Breaking News
  • No posts were found

Public Safety-LTE Market expected to reach $15.4 billion by 2025 | CAGR of 21.1%

August 25
17:16 2020
Public Safety-LTE Market expected to reach $15.4 billion by 2025 | CAGR of 21.1%

Public Safety-LTE Market
Public Safety-LTE Market categrizes the Global market by Infrastructure (E-UTRAN, EPC), Services (Consulting and Integration), Deployment Model (Private, Hybrid), Application (Law Enforcement, Firefighting Services), and Region. COVID-19 Impact on Public Safety-LTE Industry.

The report 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″, 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.

• Informational PDF Brochure :- 
https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=149438422

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).

Browse 297 market data Tables and 61 Figures spread through 286 Pages and in-depth TOC on “Public Safety-LTE Market – Global Forecast to 2025”

Public Safety LTE Market

The services segment of the PS-LTE market is projected to grow at highest CAGR during forecast period

The services segment is projected to grow at the highest CAGR from 2020 to 2025.  The growth of the services segment can be attributed to the expectation that the PS-LTE services would be fully deployed in most of the regions of the world by 2020, and there would be increased revenue from these services than the PS-LTE infrastructure. Moreover, the developed PS-LTE networks in countries such as Australia, China, Qatar, the UAE, and the US are expected to proliferate the demand for managed and other professional services.

Emergency medical services application of PS-LTE market to grow at highest CAGR during forecast period

The emergency medical services application is expected to register the highest CAGR during the forecast period. LTE networks in emergency services lead to the sharing of real-time videos of patients that help in obtaining the vitals of patients virtually. It also enables the command centers to send the nearest responders to the locations where they are required by tracking GPS details of patients. LTE networks in emergency services provide information related to the hospital assets so that the EMS personnel can shift patients to the best-suited facilities nearby. They also provide insights into the preexisting conditions of patients to the EMS personnel by providing them access to their medical record databases and prescribed medicines.

PS-LTE market in North America projected to grow at highest CAGR from 2020 to 2025

The protection of critical infrastructures is considered to be the most severe economic and national security challenge by the governments of both the US and Canada, thereby leading to the growth of the PS-LTE market in North America. Moreover, the deployment of new PS-LTE networks in Mexico has further supplemented the growth of the market in this region.

About MarketsandMarkets™

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the “Growth Engagement Model – GEM”. The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write “Attack, avoid and defend” strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets’s flagship competitive intelligence and market research platform, “Knowledgestore” connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

Media Contact
Company Name: MarketsandMarkets
Contact Person: Mr. Aashish Mehra
Email: Send Email
Phone: 18886006441
Address:630 Dundee Road Suite 430
City: Northbrook
State: IL 60062
Country: United States
Website: https://www.marketsandmarkets.com/Market-Reports/public-safety-lte-market-149438422.html


Warning: count(): Parameter must be an array or an object that implements Countable in /home/indoreonlinejour/hyderabadnewsdesk.org/wp-content/themes/legatus-theme/includes/single/post-tags.php on line 5
Share