74
views
views
The Global market for wireless broadband in public safety is forecast to reach $21.2 billion by 2025, growing at a CAGR of 5.7% from 2020 to 2025. The market growth is attributed to the factors such as growing applications among different verticals including Police Department, Fire Department, Emergency Medical Service Providers, and others.
Overview
The Global market for wireless broadband in public safety is forecast to reach $21.2 billion by 2025, growing at a CAGR of 5.7% from 2020 to 2025. The market growth is attributed to the factors such as growing applications among different verticals including Police Department, Fire Department, Emergency Medical Service Providers, and others. Moreover technological developments, safety, security, theft recovery and others boosts the market growth.
Report Coverage
The report: “Wireless broadband in public safety market – Forecast (2020-2025)”, by IndustryARC covers an in-depth analysis of the following segments of the wireless broadband in public safety market.
By Type: Fixed Wireless Broadband, Mobile Wireless Broadband, and Satellite Wireless Broadband
By Application: Incidence Scene Management, Video Surveillance, Automated Vehicle Locating, Emergency Medical Telemetry, Mobile VPN Access, Others
By End User: Police Department, Fire Department, Emergency Medical Service Providers, Others
By Geography: North America (U.S, Canada, Mexico), South America(Brazil, Argentina and others), Europe(Germany, UK, France, Italy, Spain, Russia and Others), APAC(China, Japan India, South korea, Australia and Others), and ROW (Middle East and Africa)
Key Takeaways
- U.S., Britain, Germany, Australia, South Korea, India, Brazil, and others are industrialised. These countries invest extensively on improving protection technologies for public safety networks. This in turn leads to increase the growth rate of wireless broadband in the public safety market.
- APAC region is anticipated to dominate the global wireless broadband in public safety market in the forecast period 2020-2025 owing to growing digitization, technological developments, government regulations and others.
By Type - Segment Analysis
Mobile wireless broadband segment held the highest market share of wireless broadband in public safety in 2019. Moreover, it is anticipated to witness the significant market growth during the forecast period 2020-2025. Wireless broadband networks are identical to wired broadband in that they typically link a fibre optic conduit to the internet backbone. However, they do not have cables to attach to the final destinations instead they deploy wireless (Wi-Fi) connections or radio waves. Mobile wireless is a high-speed wireless broadband connection that can be accessed from random locations. The positions rely on the provider's mobile towers and monthly service contracts. Many devices make up cellular networks, so no matter what technology or acronyms people read or hear, cell wireless networks are radio systems. Mobile telecommunications networks are increasingly being updated to have data transfer rates deemed to be broadband. Quicker wired telecommunications networks are referred to as 3G or 4G. 'G' stands for 'generation,' i.e. 3rd and 4th generation or progression of digital cellular networks; it is believed that each generation has a faster, more stable telecommunications network.
By Application - Segment Analysis
The video surveillance segment held the highest market share in 2019. Moreover, it is anticipated to witness the significant market growth during the forecast period 2020-2025. Citizens recognize the desire to feel secure while out in the street, and the protection provided by high-quality video security has helped to develop a healthier atmosphere for everyone. For instance, tracking a city's street corners, the protection of a busy train or even the health of rhinos in a protected environment, one aspect that is security and safety has to be ensured. For real-time uploads, the cameras and thermal imaging systems must be linked every hours a day and all the seven days a week. Wireless technology has rendered video monitoring networks incredibly accessible across the globe. Many of these solutions are mobile, however the wireless advantage goes well beyond smartphone apps and requires installations anywhere wired solutions cost prohibitive or physically inaccessible, or are designed for immediate event-based use.
Geography - Segment Analysis
APAC region is anticipated have the significant market growth during the forecast period 2020-2025. The market growth is owing to growing digitization, industrialisation technological developments, and others. Moreover, the exponential growth in the proliferation of smartphones, handheld modems, laptops and other mobile apps, along with technical developments in cellular networking and networks, has also become a significant catalyst in public safety for the global wireless broadband industry. The rising need for better real-time connectivity and data access is also fuelling this industry. For clinical healthcare, real-time analytics have the opportunity to track patient protection, optimize medical results and evaluate clinical danger as well as rising readmission of patients. Both of these boost the performance of organisation and the customer interaction. China, India, Japan, South Korea and Australia are some of the main countries that played a major role in the development of the wireless broadband in public safety market in Asia Pacific. The need for wireless broadband public protection arises with the introduction of strict policy legislation. Integrating cellular connectivity for public protection would help in the deployment of services such as cost savings, time-saving and simple real-time knowledge dissemination. These elements propel the market for wireless broadband in public safety.
Drivers – Wireless broadband in public safety market
- Growing Technology Penetration
Globally, internet usage has increased, as well as the growing use of modern wireless technologies. Advanced broadband infrastructure including 3 G, 4 G, 5 G and LTE is anticipated to be commonly adopted in the future. In most areas of the world service networks in telecommunications are continuously developing. Technological advancements including secure phone communications, mission crucial LTE, sophisticated terrestrial trunked radio networks and others is anticipated to boosts the market growth.
Challenges – Wireless broadband in public safety market
Slow growth pace of underdeveloped regions network infrastructure
It is anticipated that weak internet coverage, restricted cable distribution, frequent power outages and poor deployment of telecom ventures in underdeveloped countries would hamper the growth of wireless broadband in the public safety market.
Market Landscape
Partnerships and acquisitions along with product launches are the key strategies adopted by the players in the wireless broadband in public safety market. As of 2019, the market for wireless broadband in public safety market is consolidated with the top players including Airbus DS Communications, AT&T Inc., Ericsson AB, Harris Corporation, Huawei Technologies Co., Ltd., Motorola Solutions, Inc., Nokia, Tait Ltd., Verizon Communications Inc., ZTE Corporation and among others.
Acquisitions/Technology Launches/Partnerships
- In June 2020, ARTES Core Competitiveness have recently co-founded the project ‘Mobile Ad hoc NETworks (MANETs) with satellite access for public safety operations’ with German safety and security specialist IABG, to enhance MANET services using satellite access. At the remote operational location, MANETs will create an autonomous broadband network utilizing satellite links that attach the location to every 'command and control' center worldwide.
- In January 2018, Bluewave entered into partnership with Mimosa Networks to deliver ultrafast wireless broadband. By joining the broadband high-speed market, Bluewave can offer network stability and value-for - money advantages for Bermudians and businesses alike
For more Info click here