Public Safety LTE Market - Growth, Trends, COVID-19 Impact, and Forecasts (2022 - 2027)
The public safety LTE market is poised to register a CAGR of 24.74% over the forecast period (2021 - 2026). Organizations for public safety, including firefighters, law enforcement, among others, are responsible for protecting people in emergencies from natural as well as emergencies. These first responders are possible to work effectively only with the flawless communication between themselves to access and share critical information.
Key HighlightsThe companies in the European region has been focusing on making extensive investments for its research and development to drive the innovations in the core, application, and devices required to manage the special needs of a public safety LTE solutions. DNA, a telecom operator from Finland in collaboration with Ericsson initiated a demonstration of LTE for PPDR (Public Protection and Disaster Relief) in situations where flawless data communications must be guaranteed.
In Addition to public safety, the companies in the region are also extending their portfolio by targeting to deploy an advanced communication network for the national critical infrastructure for communications and collaboration solutions. Recently in March 2019, Airbus deploy an advanced communication system in a paks nuclear plant in Hungary. It includes the network connection to the countrywide Tetra network EDR a unified digital radio communications system and the maintenance of the plant network.
Moreover lately in 2018, the German Agency for Digital Radio of Security Authorities and Organizations (BDBOS) have raised the requirement of an extended digital radio network with high-performance data services to 700 MHz range. Such extension in the broadband spectrum will enable security and rescue teams for public safety by using key communication services in the future to fulfill their mission.
Such initiatives are expected to carry out by other countries in the region including Italy and France, hence the public safety LTE market has a significant growth opportunity in the forecast period.
The market for public safety LTE is moderately consolidated with the presence of a few key companies in the market including, AT&T, Ericsson, among others. These companies are continuously investing in making strategic partnerships with government entities and regional telecom players to deploy and test public safety solutions and to gain more market share. Some of the recent developements by the companies are listed below.
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