In a recent published report, Kenneth Research has updated the market report for Public Safety LTE Market for 2021 till 2030. Report further now discusses; the various strategies to be adopted or being adopted by the business players across the globe at various levels in the value chain. In the view of the global economic slowdown, we further estimated that China, India, Japan and South Korea to recover fastest amongst all the countries in the Asian market. Germany, France, Italy, Spain to take the worst hit and this hit is expected to be regain 25% by the end of 2021- Positive Growth in the economic demand and supply.

U.S. Market recovers fast; In a release on May 4th 2021, the U.S. Bureau and Economic Analsysis and U.S. Census Bureau mentions the recovery in the U.S. International trade in March 2021. Exports in the country reached $200 billion, up by $12.4 billion in Feb 2021. Following the continuous incremental trend, imports tallied at $274.5 billion, picked up by $16.4 billion in Feb 2021. However, as COVID19 still haunts the economies across the globe, year-over-year (y-o-y) avergae exports in the U.S. declined by $7.0 billion from March 2020 till March 2021 whilest imports increased by $20.7 billion during the same time. This definitely shows how the market is trying to recover back and this will have a direct impact on the Healthcare/ICT/Chemical industries, creating a huge demand for Public Safety LTE Market products.

Kenneth Research has published a detailed report on Public Safety LTE Market, which has been categorized by market size as well as growth indicators, and further encompasses detailed market analysis on macro trends and region-wise growth in North America, Latin America, Europe, Asia-Pacific and Middle East & Africa region. The report also includes the challenges that are affecting the growth of the industry and offers strategic evaluation that is required to boost the growth of the market over the period of 2021-2025.

The Global Public Safety LTE Market was valued at USD 636.25 million in 2016 and is projected to reach USD 5210.47 million by 2025, growing at a CAGR of 26.32% from 2017 to 2025.
Public safety is one of the core responsibilities of any government that involves an overarching goal of protecting citizens from threats such as crime and natural disasters. Availability of a converged communication network dedicated to public safety such as public safety-LTE (PS-LTE) will help the organizations do that. Benefits of LTE for public safety are – high reliability, cost effective, can handle real-time, is flexible, and enables remote management and zero-touch deployment and configuration

The Final Report will cover the impact analysis of COVID-19 on this industry:

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Sample Infographics:

Market Dynamics:
1. Market Drivers
1.1 Increasing implementation of emergency services IP network
1.2 Hybrid Deployment Models for Emerging Markets
1.3 Increasing demand for automatic operations and remote surveillances
1.4 Removal of connectivity issues between networks
2. Market Restraints
2.1 Issues with spectrum allocation
2.2 Costly infrastructure
2.3 Reliability concerns

Market Segmentation:
The Global Public Safety LTE Market is segmented on the deployment model, application, component, and region.

1. Deployment Model:
1.1 Commercial LTE
1.2 Private LTE
1.3 Hybrid LTE

2. By Application:
2.1 Disaster Management
2.2 Law Enforcement and Border Control
2.3 Firefighting Services
2.4 Emergency Medical Services

3. By Component:
3.1 Services
3.1.1 Integration Services
3.1.2 Maintenance Services
3.1.3 Consulting Services
3.2 Infrastructure
3.2.1 End-Use Devices
3.2.2 The Evolved UMTS Terrestrial Radio Access Network
3.2.3 The Evolved Packet Core

4. By Region:
4.1 North America (U.S., Canada, Mexico)
4.2 Europe (Germany, UK, France, Rest of Europe)
4.3 Asia Pacific (China, India, Japan, Rest of Asia Pacific)
4.4 Latin America (Brazil, Argentina, Rest of Latin America)
4.5 Middle East & Africa

Competitive Landscape:
The major players in the market are as follows:
1. Motorola Solutions, Inc.
2. Airbus SE
3. General Dynamics Corporation
4. Bittium Corporation
5. Nokia Corporation
6. Cisco Systems, Inc.
7. Ericsson AB
8. AT&T Inc.
9. Samsung Electronics Co., Ltd.
10. Cobham Plc
These major players have adopted various organic as well as inorganic growth strategies such as mergers & acquisitions, new product launches, expansions, agreements, joint ventures, partnerships, and others to strengthen their position in this market.

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RESEARCH METHODOLOGY OF VERIFIED MARKET RESEARCH:
Research study on the Global Public Safety LTE Market was performed in five phases which include Secondary research, Primary research, subject matter expert advice, quality check and final review.
The market data was analyzed and forecasted using market statistical and coherent models. Also market shares and key trends were taken into consideration while making the report. Apart from this, other data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, Top to Bottom Analysis and Vendor Share Analysis.

To know more about the research methodology of verified market research and other aspects of the research study, kindly get in touch with our sales team.

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