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Attractive Opportunities in Critical Communication Market worth $19.8 billion by 2024

The report "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", is expected to grow from USD 13.9 billion in 2019 to USD 19.8 billion by 2024, at a CAGR of 7.4%.

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Attractive Opportunities in Critical Communication Market worth $19.8 billion by 2024

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  1. MarketsandMarkets Presents Attractive Opportunities in Critical Communication Market worth $19.8 billion by 2024 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 report "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", 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 the market’s growth during the forecast period. Need for reliable and high-quality public safety communication systems and standardization of infrastructure platforms is expected to offer tremendous growth opportunities in the near future. 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. Public safety to dominate critical communication market (in terms of share) during the forecast period The public safety vertical is a major adopter of critical communication systems. Public safety is one of the most important responsibilities of any government; it involves protecting individuals from crimes and natural disasters. An effective public safety mechanism involves disaster management and coordination between organizations such as law enforcement and border control, firefighters, emergency medical services. Effective communication is imperative for these organizations while dealing with any natural or man-made disaster. Various agencies provide emergency and rescue services and ensuring public safety. Ask Free PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=95862445 Critical communication market for LTE technology to grow at the highest CAGR from 2019 to 2024 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.

  4. Service offerings to grow at higher CAGR in critical communication market during the forecast period Services play a crucial role in the growth of the critical communication market. Integration services comprise network-related services that include planning, design, installation, and implementation of networks. Increasing instances of threats and cyberattacks and the emergence of sophisticated attacks are forcing several organizations and government organizations to upgrade their communications systems consistently. In addition, new networks also pose significant challenges for governments regarding management and operations. The global market for maintenance services is highly fragmented and comprises players from diverse backgrounds, ranging from specialized managed security services (MSS) providers to telecommunication companies, system integrators, and value-added resellers. Providers of consulting services are responsible for identifying and mitigating risks effectively and efficiently. As a result, the service offerings expected to grow with higher CAGR during the forecast period. Request 10% Free Customization: https://www.marketsandmarkets.com/requestCustomizationNew.asp?id=95862445

  5. APAC to grow at the highest CAGR in critical communication market during the forecast period APAC is witnessing a surge in the smart city projects, which is creating a demand for critical communication technologies, such as surveillance technology, scanning, and critical communication networks. To combat the ever-growing incidents of terrorism and natural disasters, countries in APAC are increasing their spending on the adoption of security solutions. In recent years, APAC has witnessed tremendous economic growth, political transformation, and social change. Request Free Sample Pages: https://www.marketsandmarkets.com/requestsampleNew.asp?id=95862445 Key players 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).

  6. 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 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 markets.

  7. Contact Us Contact: Mr. Shelly Singh MarketsandMarkets™ INC. 630 Dundee Road Suite 430 Northbrook, IL 60062 USA : 1-888-600-6441 Email:newsletter@marketsandmarkets.com For More Info: https://www.marketsandmarkets.com/PressReleases/critical-communication.asp

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