Global Mission Critical Communication (MCX) Market Research Report: Forecast to 2025
The global market for Mission Critical Communication (MCX) is forecasted to grow at a CAGR of 10.5% during study period. When traditional network fails to meet the required demand of the communication mission critical communication comes into picture which supports operations that involves high risk to life and property. The conventional networks are not capable to provide tremendous quality transmission due to traffic congestion in such a case these devices are been used.
The key market driving factors of the global market are advance innovative features offered by mission- critical communication devices and rising expectation for a reliable structure in emergencies. The capacity of MCX network to communicate in circumstances where conventional network does not operate has accompanied them to achieve a great success. MCX networks permit easy call for back-up irrespective of the location of the individuals and availability of the commercial network. The major restraining factor for the growth of global MCX market is limited spectrum bandwidth. Furthermore, these networks are invented to provide key elements of control such as call prioritization and pre-programmed interoperability during disasters allowing the neighbouring systems to be used and other additional users to be added on to the network irrespective of the radio technology deployed in their systems
The global market for Mission Critical Communication (MCX) is segmented by components, vertical, technology and region.
Based on Components the MCX market is segmented as Software, Hardware, and services. The hardware is again subcategorised as Command and Control Centre, Router and Gateways, Distribution Management System, and Other whereas services are further segmented as Consulting, Integration and maintenance services.
By technology the global MCX market is segmented as Land Mobile Radio (LMR) and Long-term Revolution. LMR is further categorised as Tetra, Analog and others. Based on Vertical the market is segmented as Public Safety and Government Agencies, Transportation, Energy and Utilities, Mining and others.
By Region The MCX market is segmented globally as North America, Europe, Asia-Pacific, Middle East and Africa, and South America.
The regional market of mission-critical communication (MCX) has been spread globally and segmented as North America, Europe, Asia-Pacific, and the rest of the world. North America predicted for the largest market proportion of 33.6% in 2018 and the market is anticipated to grow at CAGR of 10.3% during the study period.
The major growth driving factors in North America are growing contribution of public safety departments in P25 two-way radio technology and fluctuating customer inclination from present network to LTE technology. For broadband technology containing PMR and LMR North America is a dominating adopter.
Europe held the second-largest contribution in the mission-critical communication market, due to the high adoption of critical communication systems by numerous end-users such as military & Defense and substantial advancement made by various long-established organizations in the region. The MCX market in Europe has been sectioned in the UK, Germany, France, and the rest of Europe.
The major players of the Global Mission-Critical Communication (MCX) Market are Motorola Solutions, Inc. (US), Nokia (Finland), ZTE Corporation (China), Telefonaktiebolaget LM Ericsson (Sweden), Huawei Technologies Co. Ltd (China), AT&T Inc. (US), Harris Corporation (US), Hytera Communication Corp Ltd (China), Cobham Wireless (UK), Ascom (Switzerland), Mentura Group OY (Finland), Leonardo SpA (Italy), Inmarsat PLC (UK), Zenitel (Norway), and Telstra (Australia)