The global public safety wireless communication systems market accounted for US$ 12.75 Bn in 2018 and is projected to reach US$ 25.60 Bn by 2027, growing at a CAGR of 8.1% throughout the forecast period from 2019 to 2027. Public safety wireless communication systems is currently driven by next-gen mobile technology enablers for meeting the new requirements of public safety. Public safety is one of the key responsibilities of any government including protecting the public from terrorist attacks, crimes and natural disasters. An effective way to manage public safety needs is to have interagency coordination between various organizations such as law enforcement and military, fire department, and emergency medical services. Effective communication is vital for these organizations while dealing with public safety issues. Thus, driving the growth of public safety wireless communication systems market. The propulsion in the demand for public safety wireless communication systems market can also be associated with rising adoption of digital technology by multiple organizations. Thus, driving the growth of the public safety wireless communication systems market.
Market Synopsis
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Digital Signals to Dominate and Register Maximum Growth throughout the Forecast Period
Based on type, the global public safety wireless communication systems market is categorized into Analog Signals and Digital Signals. The widespread use of digital signals technology has overshadowed the market for analog signals technology which was a dominant technology over the past few decades. The adoption of digital products worldwide has led to the dominant position of digital signal technology. Digital signal is followed by Analog signal, which is gradually losing its popularity due to the replacement of this technology by digital technology. Digital signal is expected to register faster growth during the forecast period of 2019-2027. The demand for digital signals is fuelled by the advances made in this technology, which in turn propels the growth of global public safety wireless communication systems market.
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North America Dominates; Asia Pacific Touted to Register Fastest Growth during the Forecast Period
North America region dominates and is the leader of the market, contributing largest revenue share to the global public safety wireless communication systems market followed by Europe and Asia Pacific respectively. This is due to emergence of advanced technologies and its implementation by various organizations in this region. North America being the early adopter of digital technology, which drives the growth of the public safety wireless communication systems market in this region. In contrast, Asia Pacific is set to register the fastest and largest growth during the forecast period. This growth is associated with the emergence of smart cities, increased terrorist activities and rising natural disasters among others, which creates the demand for effective and efficient public safety systems. Thus bolstering the growth of the public safety wireless communication systems market in this region.
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Some of the leading manufacturers profiled in the study include Nokia Corporation, AT&T, Inc., Motorola Solutions, Inc., Huawei Technologies Co., Ltd, Telefonaktiebolaget LM Ericsson, Hariss Corporation, ZTE Corporation, Cobham Wireless Plc, Inmarsat Plc, Hytera Communication Corporation Ltd., JVCKENWOOD Corporation, Mentura Group, Tait Communications, Telestra Corporation Ltd., Ascom Holding AG among others.
Historical & Forecast Period
This research study provides qualitative as well as quantitative insights for each segment and sub-segment from 2017 to 2027, considering 2018 as the base year for the research. CAGR (Compounded Annual Growth Rate) for each segment and sub-segment is calculated for the forecast period from 2019 to 2027.
The public safety wireless communication systems market report provides market size and estimates based on market dynamics and key trends observed in the industry. The report provides a holistic view of global public safety wireless communication systems market based on type, application and geography. Key segments covered in the report are as follows:
ATTRIBUTE | DETAILS |
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Research Period | 2017-2027 |
Base Year | 2018 |
Forecast Period | 2019-2027 |
Historical Year | 2017 |
Unit | USD Billion |
Segmentation |
Type Segment (2017–2027; US$ Bn) |
Application Segment (2017–2027; US$ Bn) |
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Geography Segment (2017–2027; US$ Bn) |