Public Safety LTE Market by Product and Geography - Forecast and Analysis 2021-2025

The public safety LTE market share is expected to increase by USD 4.09 billion from 2020 to 2025, and the market's growth momentum will accelerate at a CAGR of 23.09%.

This public safety LTE market research report provides valuable insights on the post COVID-19 impact on the market, which will help companies evaluate their business approaches. Furthermore, this report extensively covers public safety LTE market segmentations by product (eNB, handheld devices, and routers and modules) and geography (North America, Europe, APAC, South America, and MEA). The public safety LTE market report also offers information on several market vendors, including Airbus SE, AT and T Inc., Cisco Systems Inc., General Dynamics Mission Systems Inc., Huawei Investment and Holding Co. Ltd., L3Harris Technologies Inc., Motorola Solutions Inc., Nokia Corp., Sierra Wireless Inc., and ZTE Corp. among others.

What will the Public Safety LTE Market Size be During the Forecast Period?

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Public Safety LTE Market: Key Drivers, Trends, and Challenges

Based on our research output, there has been a positive impact on the market growth during and post COVID-19 era. The need for good network capacity to boost market growth is notably driving the public safety LTE market growth, although factors such as high costs of developing and maintaining LTE network infrastructures may impede market growth. Our research analysts have studied the historical data and deduced the key market drivers and the COVID-19 pandemic impact on the public safety LTE industry. The holistic analysis of the drivers will help in deducing end goals and refining marketing strategies to gain a competitive edge.

Key Public Safety LTE Market Driver

One of the key factors driving the public safety LTE market growth is the need for good network capacity to boost market growth. In public safety, LTE is an important factor in mission-critical services. During the COVID-19 pandemic, it is being used as a communication standard to ensure a rapid response from the public safety agency to safeguard the safety of those affected by the outbreak. This pandemic's global emergency response has highlighted the importance of LTE mission-critical connectivity. First responders and emergency responders use LTE-enabled networks to deploy diagnostic systems and response teams in military facilities, empty buildings, parking lots, and other first-line-of-defense environments. As a result, the demand for proper network capacity during the pandemic is anticipated to increase the market share of public safety LTE. The use of LTE technology to solve interconnectivity issues, demand for unmanned vehicles, seamless data connectivity, high-quality service, and improved data security provided by LTE technology are driving the public safety LTE market.

Key Public Safety LTE Market Trend

Increasing number of devices supporting LTE and LMR networks is the major trend influencing the public safety LTE market growth. Most public safety devices were equipped with only LMR or PMR features in the past. It was expected that LTE networks would take some time to gain traction in the public safety domain. However, the use of LTE for public security is increasing at a much faster pace in the commercial space. Commercial networks are being deployed worldwide, and consumers are buying LTE-enabled devices. LTE is being used for the safety and security of the crew that works on onshore and offshore oil exploration projects in the US. LMR devices will give companies a competitive edge as they can easily switch between technologies depending on the requirement. The integration of LTE and LMR into a single device will ensure seamless operations.

Key Public Safety LTE Market Challenge

High costs of developing and maintaining LTE network infrastructures is one of the key challenges hindering the public safety LTE market growth. End-user devices, radio access networks (RANs), backhaul networks, Evolved Packet Core (EPC), and operation support systems are the main components of PS-LTE solutions. These solutions are customized to the purposes and requirements of the public safety agents and authorities. A public safety concept requires a dedicated LTE frequency that has been cleared of any previous service. It requires extended planning cycles and significant investments. Developing and maintaining a dedicated network requires high initial costs. If the allocated spectrum band is not used in the commercial sector, the entire system's costs/CAPEX, including network elements and devices, will increase. PSAPs' operating capacity may be limited in some countries due to the narrowband spectrum designated for public safety applications. As a result, public safety authorities must develop service level agreement (SLA) with mobile network operators to specify the trade-off between coverage, availability, and prioritizing mission-critical application resilience needs. 

This public safety LTE market analysis report also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. The actionable insights on the trends and challenges will help companies evaluate and develop growth strategies for 2021-2025.

Parent Market Analysis

Technavio categorizes the global public safety LTE market as a part of the global communications equipment market. Our research report has extensively covered external factors influencing the parent market growth potential in the coming years, which will determine the levels of growth of the public safety LTE market during the forecast period.

Who are the Major Public Safety LTE Market Vendors?

The report analyzes the market's competitive landscape and offers information on several market vendors, including:

 

• Airbus SE
• AT and T Inc.
• Cisco Systems Inc.
• General Dynamics Mission Systems Inc.
• Huawei Investment and Holding Co. Ltd.
• L3Harris Technologies Inc.
• Motorola Solutions Inc.
• Nokia Corp.
• Sierra Wireless Inc.
• ZTE Corp.

 

This statistical study of the public safety LTE market encompasses successful business strategies deployed by the key vendors. The public safety LTE market is fragmented and the vendors are deploying growth strategies such as investing heavily in R&D to compete in the market.

Product Insights and News

• Airbus SE - The company offers public safety LTE solution namely Tactilon Agnet to manage emergency situations, as well as identify and prevent crimes.

To make the most of the opportunities and recover from post COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

The public safety LTE market forecast report offers in-depth insights into key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies.

Public Safety LTE Market Value Chain Analysis

Our report provides extensive information on the value chain analysis for the public safety LTE market, which vendors can leverage to gain a competitive advantage during the forecast period. The end-to-end understanding of the value chain is essential in profit margin optimization and evaluation of business strategies. The data available in our value chain analysis segment can help vendors drive costs and enhance customer services during the forecast period.

The report has further elucidated on other innovative approaches being followed by service providers to ensure a sustainable market presence.

Which are the Key Regions for Public Safety LTE Market?

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38% of the market's growth will originate from North America during the forecast period. US is the key market for public safety LTE in North America. Market growth in this region will be slower than the growth of the market in other regions.

The public safety LTE market in North America will grow at a noteworthy rate during the forecast period due to the favorable conditions prevalent here. North America is the primary contributor to the growth of the overall market due to awareness and the presence of public safety technologies in this region. This market research report entails detailed information on the competitive intelligence, marketing gaps, and regional opportunities in store for vendors, which will assist in creating efficient business plans.

COVID Impact and Recovery Analysis

During the COVID-19 pandemic, the region initiated a lockdown to control the spread, resulting in affected supply chains and the shutdown of factories. Due to this, manufacturers found it difficult to find a vendor who was willing to supply LTE (4G), mainly because of social distancing norms. For instance, Ericsson (Sweden) reported that the COVID-19 pandemic had affected its sales and service delivery due to the lockdown and travel restrictions imposed by governments to curb the effects of the pandemic. The adoption of public safety LTEs is expected to increase significantly. In Q4 2020, the governments of most countries in the region initiated vaccination drives, which subsequently led to a reduced number of COVID-19 cases and led to the lifting of lockdown and travel restrictions. Such factors are anticipated to support the growth of the public safety LTE market in the region during the forecast period.

What are the Revenue-generating Product Segments in the Public Safety LTE Market?

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The public safety LTE market share growth by the eNB will be significant 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 can be easily deployed across existing networks to offer 4G mobile services. The unrivaled performance of this technology creates an enhanced end-user experience. This technology enables operators to improve outdoor and indoor LTE coverage efficiently and economically, thereby driving the demand of this segment.

Besides the above-mentioned factors, the post COVID-19 impact has brought forth a slowdown in or fast tracked the demand for the service or product. This report provides an accurate prediction of the contribution of all the segments to the growth of the public safety LTE market size and actionable market insights on post COVID-19 impact on each segment.

You may be interested in the regional reports:

US Public Safety LTE market - the market share will grow impressively and will post a staggering CAGR of more than 19% during the forecast period. 

Public Safety LTE Market Scope
Report Coverage	Details
Page number	120
Base year	2020
Forecast period	2021-2025
Growth momentum & CAGR	Accelerate at a CAGR of 23.09%
Market growth 2021-2025	$ 4.09 billion
Market structure	Fragmented
YoY growth (%)	19.70
Regional analysis	North America, Europe, APAC, South America, and MEA
Performing market contribution	North America at 38%
Key consumer countries	US, UK, China, South Korea (Republic of Korea), and France
Competitive landscape	Leading companies, Competitive strategies, Consumer engagement scope
Key companies profiled	Airbus SE, AT and T Inc., Cisco Systems Inc., General Dynamics Mission Systems Inc., Huawei Investment and Holding Co. Ltd., L3Harris Technologies Inc., Motorola Solutions Inc., Nokia Corp., Sierra Wireless Inc., and ZTE Corp.
Market dynamics	Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and recovery analysis and future consumer dynamics, Market condition analysis for forecast period
Customization purview	If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

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What are the Key Data Covered in this Public Safety LTE Market Report?

• CAGR of the market during the forecast period 2021-2025
• Detailed information on factors that will drive public safety LTE market growth during the next five years
• Precise estimation of the public safety LTE market size and its contribution to the parent market
• Accurate predictions on upcoming trends and changes in consumer behavior
• The growth of the public safety LTE industry across North America, Europe, APAC, South America, and MEA
• A thorough analysis of the market's competitive landscape and detailed information on vendors
• Comprehensive details of factors that will challenge the growth of public safety LTE market vendors

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