The report "Critical Communication Market by Offering (Hardware, Services), Technology (Land Mobile Radio, Long-Term Evolution), End-Use Vertical (Public Safety, Transportation, Utilities, Mining), and Region (North America, Europe, APAC, RoW)-Global Forecast to 2024", is expected to grow from USD 13.9 billion in 2019 to USD 19.8 billion by 2024, at a CAGR of 7.4%.High demand for critical communication solutions from diverse industries such as public safety, transportation & medical, advanced features of critical communication network, and increasing need to modernize old equipment are the major driving factors for the market’s growth during the forecast period.
Factors such as the adoption of LTE by FirstNet by public safety organizations in the US, the inclination of the UK Home Office toward LTE, and plans of South Korea to build a nationwide LTE network for public safety are driving the development of LTE for critical communications.
As a result, public safety agencies are replacing their narrowband public safety networks with LTE-based networks.Service offerings to grow at higher CAGR in critical communication market during the forecast periodServices play a crucial role in the growth of the critical communication market.
Integration services comprise network-related services that include planning, design, installation, and implementation of networks.
In addition, new networks also pose significant challenges for governments regarding management and operations.The global market for maintenance services is highly fragmented and comprises players from diverse backgrounds, ranging from specialized managed security services (MSS) providers to telecommunication companies, system integrators, and value-added resellers.
Providers of consulting services are responsible for identifying and mitigating risks effectively and efficiently.