According to the latest report by IMARC Group, titled “Wireless Broadband in Public Safety Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028,” The global wireless broadband in public safety market size reached US$ 24.7 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 91.9 Billion by 2028, exhibiting a growth rate (CAGR) of 23.64% during 2023-2028.
Wireless broadband in public safety represents the delivery of high-speed internet solutions for seamless communication between state and local government bodies, federal agencies, public safety organizations, private organizations, etc. Broadband connections are generally used for responding to accidental situations and disasters and improving public preparedness for adversities. It uses long-term evolution (LTE) mobile communicators, wireless mobile networks, real-time data transfer applications, radio management systems, etc., for enhanced interoperability and communication. Wireless broadband in public safety also finds extensive applications for capturing real-time critical information that assists in automatic vehicle tracking, video surveillance and monitoring, real-time incident management, integrated device monitoring and data device monitoring, etc. Consequently, it is widely used by highway control, police, area security, disaster management, and medical emergency service authorities.
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Note: We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
Market Trends:
Continuous improvements in mobile connectivity systems and the inflating need for high-speed internet services to operate smartphones, laptops, computers, and other devices with enhanced efficiency are primarily driving the wireless broadband in public safety market. Additionally, several technological advancements, such as the growing integration of connected devices with artificial intelligence (AI) and the Internet of Things (IoT) solutions, are further catalyzing the market growth. Besides this, they help in improving the operational efficiency of mission-critical LTE, advanced terrestrial trunked radio systems, base stations, encrypted voice calls, network switching, and push-to-talk, which is acting as another significant growth-inducing factor. Moreover, the widespread adoption of wireless broadband systems by first responders is also augmenting the market growth. Apart from this, the launch of favorable policies by government bodies to ensure public safety is projected to fuel the wireless broadband in public safety market in the coming years.
Breakup by Type:
Fixed
Mobile
Breakup by Offering:
Hardware
Software
Services
Breakup by Application:
Video Surveillance and Monitoring
Automatic Vehicle Tracking
Real-time Incident Management
GIS (Geographic Information System)
People Control and Management
Others
Breakup by End User:
Department of Police
Department of Disaster Management
Medical Emergency Service Providers
Others
Breakup by Region:
North America (United States, Canada)
Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, Others)
Europe (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
Latin America (Brazil, Mexico, Others)
Middle East and Africa
Competitive Landscape with Key Player:
AT&T Inc
Broadcom Inc
Cisco Systems Inc
General Dynamics Corporation
Hitachi Ltd
Huawei Technologies Co. Ltd
L3Harris Technologies Inc
Motorola Solutions Inc
Nokia Corporation
Telefonaktiebolaget LM Ericsson
Verizon Communications Inc
ZTE Corporation
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As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the industry behaviours of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.
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