The global wireless broadband in public safety market size is expected to grow from an estimated value of USD 20.6 billion in 2021 to USD 69.6 billion by 2026, at a Compound Annual Growth Rate (CAGR) of 27.6% from 2021 to 2026. The wireless broadband in public safety market is driven by various factors, such as enhancement in public safety and availability of real-time information and big investments in wireless broadband to boost the growth of wireless broadband in public safety market across the globe during the forecast period. However, security threats and complexities can hinder the growth.
First Responders to grow at a higher CAGR during the forecast period
In emergencies, firefighters require high bandwidth and reliable connectivity as they communicate with each other and government organizations. With wireless broadband, fire departments can communicate with firefighters in real-time. They can send emails with still and video images that would enhance quick and speedy communication. Wireless broadband technologies help fire departments to respond faster and more accurately to help citizens. Public safety organizations use private mobile networks when executing public protection and disaster relief missions. Several public safety agencies and organizations from countries the US, the UK, Korea, and New Zealand are investing heavily in companies, such as Cisco Systems, Netflix, and Nokia Networks, to evolve from their existing networks to LTE-based solutions.
Law enforcement or the police department’s seamless communication network plays an important role in communicating with headquarters and also to command-and-control communications on site. The mobile network deployment in police cars provides a scalable IP communications infrastructure on-site that helps first responders to carry out their duties. With the help of wireless broadband network technologies, police officers can access maps, mug shots, records, and fingerprints on their smartphones. It offers continuous communication without any loss in network coverage. In North America, police departments utilize LTE networks for video surveillance and fast data transfer during emergencies.
Paramedics provide medical service out of the hospitals while moving critically ill patients from one facility to another. The goal of paramedics is to provide treatment in need for urgent medical care with the goal of satisfactorily treating the present conditions and arranging for the timely transfer of the patient to the next point of definitive care. Such arrangements can be made using wireless broadband technology. The wireless broadband technology reduces response time to connect with hospitals and ambulances to share information on a real-time basis. Wireless broadband networks also enable remote healthcare monitoring, which helps reduce medical service delivery costs.
Hardware segment to have highest market share during the forecast period
A wireless network consists of several components that support communications using radio or light waves propagating through an air medium. Some of these elements overlap with those of wired networks, but special consideration is necessary for all of these components when deploying a wireless network. MarketsandMarkets has analyzed wireless adapter, access point and range extender, modem, routers, switches, and hubs as key hardware elements in the wireless broadband in public safety market.
- By company type: Tier 1: 20%, Tier 2: 57%, and Tier 3: 33%
- By designation: C-level: 40s%, Manager and Other: 60%
- By region: North America: 20%, Europe: 35%, APAC: 45%
Major vendors offering wireless broadband in public safety market across the globe are Aruba Networks(US), AT&T(US), Broadcom(US), Cisco(US), Ericsson(Sweden), Extreme Networks(US), Hitachi(Japan), Juniper Networks(US), Motorola Solutions(US), Huawei(China), NEC(Japan), Netgear(US), Sierra Wireless(Canada), Verizon(US), ZTE(China), General Dynamics(US), Harris(US), Bittium(Finland), Hughes(US).
The study includes an in-depth competitive analysis of the key players in the wireless broadband in public safety market, with their company profiles, recent developments, and key market strategies.
The market study covers the wireless broadband in public safety market size across segments. It aims at estimating the market size and growth potential of this market across different segments: by technology, by offering, by application, by end user and by region. The study also includes an in-depth competitive analysis of the key players in the market, along with their company profiles, key observations related to product and business offerings, recent developments, and key market strategies.
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The report will help the market leaders/new entrants in this market with information on the closest approximations of the revenue numbers for the overall wireless broadband in public safety market and the subsegments. This report will help stakeholders understand the competitive landscape and gain more insights to position their businesses better and plan suitable go-to-market strategies. The report also helps stakeholders understand the pulse of the market and provides them with information on key market drivers, restraints, challenges, and opportunities.