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Global Wireless Broadband in Public Safety Market to Reach US$ 76.53 Billion by 2027, Impelled by Increasing Requirement for Efficient Public Safety Systems

Published on Oct 18, 2022

The latest report by IMARC Group, titled " Wireless Broadband in Public Safety Market: Global Industry Trends, Share, Size, Growth, Opportunity, and Forecast 2022-2027," finds that the global wireless broadband in public safety market size reached US$ 19.4 Billion in 2021. Wireless broadband in public safety networks is associated with the delivery of seamless communications between public safety agencies, local and state governments, federal agencies, and private companies that respond to incidents and disasters. It involves real-time data transfer applications, long-term evolution (LTE) mobile communicators, wireless mobile networks, and radio management systems for improved communication and interoperability. These technologies capture real-time critical information that assists in video surveillance and monitoring, real-time incident management, automatic vehicle tracking, integrated device monitoring, and data device monitoring. Owing to these properties, wireless broadband is widely adopted by highway control, police, area security, disaster management, and medical emergency service authorities.

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.

Global Wireless Broadband in Public Safety Market Trends:

The market is primarily driven by the increasing requirement for efficient public safety systems to obtain real-time information and ensure enhanced public safety. In addition, the implementation of wireless broadband systems in rural areas represents another major growth-inducing factor. Besides this, with the sudden outbreak of the coronavirus disease (COVID-19) pandemic, employees of both public and private organizations have shifted their base from urban localities to rural areas, which has escalated the requirement for high-speed internet services for operating laptops, computers, smartphones, and other devices. This, coupled with various technological advancements, such as the integration of connected devices with the Internet of Things (IoT) and artificial intelligence (AI) solutions, is positively influencing market growth. Furthermore, the increasing adoption of wireless broadband systems by first responders and the implementation of favorable government policies to ensure public safety are anticipated to propel market growth in the coming years. Looking forward, IMARC Group expects the market to reach US$ 76.53 Billion by 2027, exhibiting a CAGR of 24.40% during the forecast period (2022-2027).

Market Summary:

  • Based on the type, the market has been bifurcated into fixed and mobile.
  • On the basis of the offering, the market has been segmented into hardware, software, and services.
  • Based on the application, the market has been categorized into video surveillance and monitoring, automatic vehicle tracking, real-time incident management, geographic information system (GIS), people control and management, and others.
  • On the basis of the end user, the market has been segregated into department of police, department of disaster management, medical emergency service providers, and others.
  • Region-wise, the market has been divided into North America (the United States and Canada), Europe (Germany, France, the United Kingdom, Italy, Spain, Russia, and others), Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, and others), Latin America (Brazil, Mexico, and others), and Middle East and Africa.
  • The competitive landscape of the market has been examined in the report, with some of the key players being 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., and ZTE Corporation.
     

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