This research report titled ‘Public Safety LTE Market in the US 2016-2020’ provides an in-depth analysis of the market in terms of revenue and emerging market trends. This market research report also includes up to date analysis and forecasts for various market segments and all geographical regions.
The public safety LTE market in the US will gain traction during the forecast period due to the emergence of LTE technology in the public safety domain. The increase in the number of users and the need for high-speed data applications will boost the demand for LTE technology. The deployment of LTE networks has also increased at a rapid rate. By August 2014, 341 LTE networks were deployed in 111 countries worldwide. Heightened adoption of LTE technology for pre-emptive communication has made it a mainstream technology among mobile broadband service providers.
Abhishek Sharma, a lead M2M and connected devices research analyst, says, “Governments worldwide are increasing its spending on LTE technology to facilitate sharing of complex real-time data. Also, the growing awareness of efficient mission-critical processes will increase the demand for dedicated, efficient, and reliable LTE networks during the forecast period.”
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Based on devices, the report categorizes the public safety LTE market in the US into the following segments:
- Smartphones and handheld devices
- Router and modules
Public safety LTE market in the US by eNB devices
The eNB device segment will grow steadily during the forecast period. eNB is a key component in LTE networks and has been successful in data-intensive markets worldwide. Samsung offers network operators with a compact and high-capacity solution that is easily deployed across existing networks to offer 4G mobile services. “The unrivaled performance of this technology creates an enhanced end-user experience. This technology is the next logical step to enable operators to improve outdoor and indoor LTE coverage efficiently and economically,” adds Abhishek.
General Dynamics Mission Systems has a 4G LTE technology that offers instant access to video, voice, data, and text to first responders with exclusive eNB products and open-source platforms. The benefits of 4G LTE public safety network include ease of deployment, interoperability between agencies, and the ability to offer HD full-motion video on demand. In February 2016, Parallel Wireless (a provider of heterogeneous networks) and its partners installed an LTE network for public safety to be used during the Super Bowl.
Technavio expect the global spending on LTE infrastructure, including eNB, mobile core, and backhaul, to reach USD 2 billion annually by the end of 2020. The installed base of private and public safety LTE eNBs will reach nearly 155,000 globally, and will serve around 4 million public safety LTE subscribers worldwide.
Public safety LTE market in the US by smartphone and handheld devices
The handheld devices segment is envisaged to grow during 2015-2017 and then decline post 2017 because of high demand for value-added services such as LBS, navigation, and digital mapping. The growth is attributable to several factors such as increased availability of internet connectivity, demand for handheld devices, and rise in popularity of location-based applications in public safety.
The adoption of handheld devices is driven by the decline in prices of these devices. The market is also driven by improvements in navigation technology. A large number of satellites are being launched, which helps improve the accuracy and reliability of LBS as they work on real-time data. However, the situation is likely to change in the near future as a large number of telecom operators are deploying LTE networks in the region.
Public safety LTE market in the US by routers and modules
The public safety LTE market in the US by routers and modules was valued at USD 13.17 million in 2015 and will reach USD 40.52 million by 2020, growing at a CAGR of over 25%.
The segment will grow steadily during the forecast period because of an increased demand for value-added services such as location-based services, navigation, and digital mapping. The growth rate is likely to be stable until 2019 and decline thereafter. Public safety routers support both IPv4 and IPv6 protocols such as IP, RIP, BGP4+, MPLS, multicast, and others. They comply with IEEE 1613 and IEC61850-3 for rugged applications.
The top vendors highlighted by Technavio’s research analysts in this report are:
- General Dynamics Mission Systems
- Motorola Solutions
Browse Related Reports:
- Global Public Safety LTE Devices Market 2016-2020
- Global 5G Equipment Market 2016-2020
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