Advancements in Wireless Broadband in Public Safety: Market Analysis and Forecast by 2030 | At a CAGR of 21.7%

Rising government initiatives, low cost of bandwidth & networking plans, and rising demand for enhanced security & public safety are major trends in the market.

PORTLAND, PORTLAND, OR, UNITED STATES, May 24, 2024 /EINPresswire.com/ -- According to a new report published by Allied Market Research, titled, “Wireless Broadband in Public Safety Market," The wireless broadband in public safety market size was valued at $18.67 billion in 2020, and is estimated to reach $127.71 billion by 2030, growing at a CAGR of 21.7% from 2021 to 2030.

Wireless broadband in public safety refers to the use of high-speed wireless internet connections by emergency services and public safety agencies, such as police, fire departments, emergency medical services (EMS), and other critical infrastructure providers. The purpose of using wireless broadband in this context is to enhance communication, coordination, and response capabilities during emergencies and routine operations.

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Key factors that drive the growth of the wireless broadband in public safety market include rise in the adoption of connected devices & integrated sensors and a growth in concern for security and public safety. In addition, advancements in communication technology and growth in demand for cost-effective and real-time information fuel the growth of the market. However, slow development rate of telecom infrastructure in underdeveloped nations restrict the market growth. Conversely, increase in government expenditure toward public safety applications and growth in adoption of smart devices in telecommunication network are expected to offer lucrative growth opportunities for wireless broadband in public safety market forecast.

As per the end user, the police department segment holds the largest wireless broadband in public safety market share of the market. Applications such as operation enhancement, real-time incident management, geographical analysis, and crowd management demand strong wireless networks and high quality encryption for police personnel to optimize their infield response and safety service. These factors, as a result driving the growth of wireless broadband in public safety industry.

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Based on technology, where the market is divided into Long-Term Evolution (LTE), 5G, and others. LTE has been widely adopted for its robust performance and extensive coverage, while the advent of 5G is revolutionizing public safety with its ultra-reliable low latency and high-speed capabilities, enabling new applications like real-time video surveillance and advanced emergency response systems.

Another important segmentation is based on the application of wireless broadband in public safety. This includes emergency medical services, law enforcement, and fire and disaster management. Each segment has specific communication and data requirements, from real-time video feeds and data sharing in law enforcement to remote diagnostics and telemetry in emergency medical services. The fire and disaster management segment benefits significantly from rapid data transmission and reliable communication networks during critical situations.

Region-wise, wireless broadband in public safety market was dominated by North America in 2020, and is expected to retain its position during the forecast period, owing to rapid migration from code division multiple access (CDMA) and wideband code division multiple access (WCDMA) / high-speed packet access (HSPA) based networks. However, Asia-Pacific is expected to witness significant growth during the forecast period, owing to countries such as South Korea and Japan engaged in early deployment of LTE.

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The wireless broadband for public safety market is projected to prosper in the COVID-19 situation, owing to various government, public, and other organizations adopting work from home culture for their employees. In addition, various government organizations and NGOs use wireless broadband connections to improve the loss suffered, owing to natural disasters, and pandemic situations, and to improve their market share.

The key players profiled in the wireless broadband in public safety market analysis are AT&T Intellectual Property, Huawei Technologies Co., Ltd,. L3Harris Technologies, Inc., Motorola Solutions, Inc., Nokia Corporation, Sierra Wireless, Tait Communications, Telefonaktiebolaget LM Ericsson, Verizon, and ZTE Corporation. These players have adopted various strategies to increase their market penetration and strengthen their position in the industry.

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