Attractive Opportunities in Critical Communication Market

1. MarketsandMarkets Presents Attractive Opportunities in Critical Communication Market 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 https://www.marketsandmarkets.com/Market-Reports/critical-communication-market-95862445.html

2. 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%. Advanced features of critical communication network, increase the need to modernize old equipment, and high demand for critical communication solutions from diverse industries such as public safety, transportation & medical are the major driving factors for the market’s growth during the forecast period. Owing to factors such as the critical communication infrastructure includes group calling, rapid voice call setup, and high-quality audio and video. Complex systems incorporating trunking and digital capabilities enable multiple features, such as video conferencing and real-time HD videos. Also, modern critical communication networks have state-of-the-art features such as multi-network operation with spectrum sharing techniques, network security capabilities, temporary deployable systems, and quality of services. Browse 62 market data Tables and 43 Figures spread through 147 Pages and in-depth TOC on "Critical Communication Market - Global Forecast to 2024"

3. Hardware to dominate critical communication market during the forecast period A few of the vital components forming a critical communications system are command and control systems, infrastructure equipment, and end-user devices. Hardware is expected to hold a larger share of the critical communication market, because of the rising demand from the ongoing as well as new deployment of critical communication networks in various end-use verticals such as public safety, transportation, utilities, mining, others. Ask PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=95862445 LTE technology to account for the highest demand in the critical communication market during the forecast period LTE is the next global standard for critical communications, according to several industry representatives, consultants, and end-users. Factors such as the adoption of LTE by FirstNet by public safety organizations in the US, the inclination of the UK Home Office toward LTE, and plans of South Korea to build a nationwide LTE network for public safety are driving the development of LTE for critical communications. The requirements of public safety communications are rapidly changing, involving the adoption of broadband-based multimedia applications, remote surveillance, and robotic technologies such as unmanned aerial vehicles (UAVs). As a result, public safety agencies are replacing their narrowband public safety networks with LTE-based networks.

4. North America to hold a major share of the critical communication market during the forecast period North America is currently leading the global critical communication industry, followed by Europe and Asia Pacific, mainly due to ongoing technological advancements and rising adoption of digital LMR products by government and commercial sectors. The US government made the interoperability standard available to ensure efficient use of LMR technology products and fast and uninterrupted communication in case of catastrophic situations, such as the September 11 attack or Hurricane Katrina. Request Free Sample Pages: https://www.marketsandmarkets.com/requestsampleNew.asp?id=95862445 Key Market Players: 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).

5. Among industries, the communication segment accounted for the largest share of the embedded system market in 2019 The communication segment accounted for the largest share of the embedded system market in 2019. Embedded systems are used in routers, Ethernet devices, wireless infrastructures, and protocol converters for high-speed data transfer to support the expanding communication infrastructures. Embedded hardware such as FPGA and ASIC are being used in various network and telecom applications. APAC is projected to hold the largest share of the embedded system market in 2025 APAC is expected to hold the largest share of the embedded system market in 2025. The growing per capita income and ongoing large-scale industrialization and urbanization are factors driving the growth of the embedded system market in this region. In addition, the availability of low-cost electronic products in APAC is expected to contribute to an increased demand for microprocessors and microcontrollers in the region. The rising use of autonomous robots and embedded vision systems is also projected to lead to an increased demand for embedded system hardware such as microprocessors and controllers for use in industrial applications in APAC. Intel (US), Renesas (Japan), STMicroelectronics (Switzerland), NXP Semiconductors (Netherlands), Texas Instruments (US), Microchip (US), Cypress Semiconductors (US), Qualcomm (US), Analog Devices (US), and Infineon Technologies (Germany) are the key players operating in the embedded system market.

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