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Critical Communication Market by Technology (Land Mobile Radio (LMR) and Long- Term Evolution (LTE)), Application (Command & Control Systems, Infrastructure Equipment, Consulting Services, Integration Services, and Others), and End User (Transportation, Public safety, Utilities, Mining, and Others): Global Opportunity Analysis and Industry Forecast, 2021–2027

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Aug 2021 | 437 Views
 
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COVID-19

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The global critical communication market size is experiencing a significant growth, and is expected to grow considerably in next few years. Critical communications are systems that support communication operations that involve high risk to property and life. These are push to talk communication systems that provide endless communication where conventional networks fail to provide due to traffic congestion. The ability of critical communication systems to communicate in conditions where conventional communication systems fail to operate has helped these systems gain immense popularity in industries such as transportation, mining, utilities, and others. Additionally, Innovations in the telecommunication industry will pave the market for critical communications.  

The global critical communication market is segmented into technology, application, end user, and region. Based on technology, the market is further segmented into Land Mobile Radio (LMR) and Long- Term Evolution (LTE). In terms of application, the market is sub-divided into command & control systems, infrastructure equipment, consulting services, integration services, and others. Based on industry vertical, the market is bifurcated further into transportation, public safety, utilities, mining, and others. Geographically, the global market is divided across North America (U.S., Canada, and Mexico), Europe (UK, Germany, France, Italy, and Rest of Europe), Asia-Pacific (China, Japan, South Korea, India, and Rest of Asia-Pacific), and LAMEA (Latin America, Middle East, and Africa).

Key players of the critical communication market analyzed in the research include Huawei Technologies, Harris Corporation, Cobham Wireless, ZTE Corporation, Motorola solutions, AT & T Inc., Leonardo SpA, Immarsat PLC, Telstra, and Others. They have adopted various strategies including new product launches, collaborations, partnerships, mergers & acquisitions, joint ventures, agreements, and others to gain a stronghold and international presence across the world.

Top impacting factors: Market Scenario Analysis, Trends, Drivers, and Impact Analysis

Growth in demand for a reliable network in emergencies and advanced features offered by critical communications systems are the major factors that drive the critical communication market growth. Ability of these communication systems to communicate in conditions which conventional systems fail to operate has helped them in their market growth. As latency in communication is lowered and communication capabilities are improved in critical communication systems, it helps to strengthen public safety in case of emergencies.

New product launches to flourish the critical communication market

A digital convenience radio (MIT5000) was launched by Motorola Solutions for Japan in 2019. Features such as outstanding functionality and sound for extensive range of professional requirements of industries such as manufacturing, hospitality, logistics, construction and others were provided by this radio. It also has a volume adjuster to filter out background noise automatically.
As it does not require WAN and can simplify all day to day workflow in any businesses, this product flourished the market.

Surge in use in telecommunication industry

Wireless broadband communications can now deliver voice applications, greater mobile broadband internet access to smartphones, laptops and other mobile devices due to the advancements in technologies like 3G, 4G, and LTE. This has led to increase in demand for high speed broadband systems and reliable networks for critical communications systems. Apart from these factors like rise in terrorism and public safety has led to the growth and surge in use of critical communications in telecommunication sector.

COVID-19 scenario Analysis: 

  • Global   critical communication market share has been significantly impacted by the COVID-19 outbreak. Covid-19 has created major concerns and hardships amongst people and businesses across the globe.
  • Most companies have business continuity plans but those plans are not fully operational.
  • The ongoing crisis will demand better critical communications and networking infrastructure due to shift to remote work adopted across the globe. This will also increase infrastructure and security risks for telecommunication providers.
  • The global supply chain has been affected as the manufacturing and delivery of the network equipment’s will be delayed. Moreover, the projects of adopting 5G networks will be delayed further.
  • This will further affect their revenues as telecommunications providers have high debt loads.
  • Critical communication providers must be prepared to face challenges from the uncertainty caused by the pandemic.

Critical Communication Market Scope and Structure Analysis:

Report Metric

Details

  Market size available for years

  2019–2027

  Base year considered

  2019

  Forecast period

  2021–2027

  Forecast units

  Value (USD)

  Segments covered

  Technology, Application, End User, and Region

  Geographies covered

North America (U.S., Canada, and Mexico), Europe (UK, Germany, France, Italy, and Rest of Europe), Asia-Pacific (China, Japan, South Korea, India, and Rest of Asia-Pacific), and LAMEA (Latin America, Middle East, and Africa)

  Companies covered

Huawei Technologies, Harris Corporation, Cobham Wireless, ZTE Corporation, Motorola solutions,  AT & T Inc.,  Leonardo SpA, Immarsat PLC, Telstra, and Others

 

Key benefits of the report:

  • This study presents the analytical depiction of the global critical communication market forecast along with the current trends and future estimations to determine the imminent investment pockets.
  • The report presents information related to key drivers, restraints, and opportunities along with detailed analysis of the global critical communication market share.
  • The current market is quantitatively analyzed from 2020 to 2027 to highlight the global critical communication industry growth scenario.
  • Porter’s five forces analysis illustrates the potency of buyers & suppliers in the market. 
  • The report provides a detailed global critical communication market trends analysis based on competitive intensity and how the competition will take shape in coming years. 

Key segments covered:

Segments

Subsegments

  Technology

  • Land Mobile Radio (LMR)
  • Long- Term Evolution (LTE)

  Application

  • Command & Control systems
  • Infrastructure equipment
  • Consulting Services
  • Integration Services
  • Others

  End users

  • Transportation
  • Public safety
  • Utilities
  • Mining
  • Others

 

Questions answered in the Critical Communication Market research report:

  • Who are the leading market players active in the critical communication market?
  • What would be the detailed impact of COVID-19 on the market?
  • What current trends would influence the market in the next few years?
  • What are the driving factors, restraints, and opportunities in the critical communication market?
  • What are the projections for the future that would help in taking further strategic steps?
 
With collective industry experience of about 200 years of its analysts and experts, Allied Market Research (AMR) encompasses most infallible research methodology for its market intelligence and industry analysis. We do not only engrave the deepest levels of markets but also sneak through its slimmest details for the purpose of our market estimates and forecasts. Our approach helps in building greater market consensus view for size, shape and industry trends within each industry segment. We carefully factor in industry trends and real developments for identifying key growth factors and future course of the market. Our research proceeds are the resultant of high quality data, expert views and analysis and high value independent opinions. Our research process is designed to deliver balanced view of the global markets and allow stakeholders to make informed decisions.

We offer our clients exhaustive research and analysis based on wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics and regional intelligence. Our in-house industry experts play instrumental role in designing analytic tools and models, tailored to the requirements of particular industry segment. These analytical tools and models sanitize the data & statistics and enhance the accuracy of our recommendations and advice. With AMR’s calibrated research process and 360` degree data-evaluation methodology, our clients are assured of receiving:

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With a strong methodology we are, therefore, confident that our research and analysis are most reliable and guarantees sound business planning.

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We refer a broad array of industry sources for our secondary, which typically include; however, not limited to: Company SEC filings, annual reports, company websites, broker & financial reports and investor presentations for competitive scenario and shape of the industry

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AMR has developed set of analyst tools and data models to supplement and expedite the analysis process. Corresponding to markets, where there is significant lack of information and estimates, AMR’s team of experts and analyst develop specific analyst tools and industry models to translate qualitative and quantitative industry indicators into exact industry estimates. These models also allow analysts to examine the prospects and opportunities prevailing in the market to accurately forecast the course of the market.
 
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