Global Mission Critical Communication Market Size, Share, Trends, & Growth Forecast Report – Segmented by Component (Hardware, Software and Services), Technology (Land Mobile Radio and Long Term Evolution), End User (Public Safety And Government Agencies, Energy And Utilities, Transportation, Mining And Others), and Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) - Industry Analysis (2024 to 2029)

Updated On: June, 2024
ID: 11811
Pages: 150

Global Mission Critical Communication Market Size (2024 to 2029)

The global mission critical communication market is predicted to reach USD 18.39 billion in 2024 and USD 30.29 billion by 2029, growing at a CAGR of 10.5% during the forecast period. 

The ability of a solution to deliver the communication means to end users where the conventional systems cannot meet the required demands of the end user is known as the mission critical communication. These provides seamless communication and supports operations which involves high risk to life and property. These critical communication devices are used to inform a large number of public such as in public places about a critical condition. These critical communication devices are also used in disaster prone areas to increase the public safety.

MARKET DRIVERS

The growing demand for a reliable network during emergencies is a factor that is expected to lead the Mission Critical Communication market during the forecast period.

Rise in demand for critical communications solutions from various industries is expected to play an essential role in the growth of market of Mission Critical Communication across the globe. Another factor such as global rise in terrorism and public safety which influence the growth of Mission Critical Communication market during the forecast period. Rising adoption of MCX technologies in aerospace and defense, energy & power, oil and gas, automotive and other industries are some of the major driving factors which promotes the growth of the revenue rate of Mission Critical Communication market during the forecast period. Furthermore, the proliferation of industrial automation, data center and enterprise communication networking is also another major growth supporting factor of Mission Critical Communication market. Increasing of investments by the government implementing the mission critical communications solutions in the defense sector acts as major driving factor for the growth of the market.

MARKET RESTRAINTS

High implementation cost is one of the important barriers to market growth. Limited data transport capabilities and limited spectrum bandwidth acts as an important deterrent to the growth of the Mission Critical Communication market.

REPORT COVERAGE

REPORT METRIC

DETAILS

Market Size Available

2023 to 2029

Base Year

2023

Forecast Period

2024 to 2029

CAGR

10.5%

Segments Covered

By Component, Technology, End Users, and Region.

 

Various Analyses Covered

Global, Regional & Country Level Analysis, Segment-Level Analysis, DROC, PESTLE Analysis, Porter’s Five Forces Analysis, Competitive Landscape, Analyst Overview on Investment Opportunities

Regions Covered

North America, Europe, APAC, Latin America, Middle East & Africa

 

 

 

Market Leaders Profiled

Hytera Communication Corp Ltd (China), Inmarsat PLC (UK), Mentura Group OY (Finland), Leonardo SpA (Italy), Ascom (Switzerland), AT&T Inc. (U.S), Cobham Wireless (UK), Huawei Technologies Co. Ltd (China), , Harris Corporation (U.S.), Motorola Solutions, Inc. (U.S), Nokia (Finland),  Motorola Solutions, Inc. (U.S), Nokia (Finland) , Telefonaktiebolaget LM Ericsson (Sweden),  Zenitel (Norway)  and  ZTE Corporation (China) and Others.

 

SEGMENTAL ANALYSIS

Global Mission Critical Communication Market Analysis By component

the Mission Critical Communication Market is divided into hardware, software and services. The hardware segment is further bifurcated into command and control canter, router & gateways, distribution management system and others. The services segment is further bifurcated into consulting, integration and maintenance. The Hardware segment holds the major share of the market and is expected to hold the dominance during the forecast period.

Global Mission Critical Communication Market Analysis By Technology

the Mission Critical Communication Market is divided into land mobile radio and long-term evolution. The land mobile radio segment holds the major share of the market and this segment is expected to hold the dominance during the forecast period.

Global Mission Critical Communication Market Analysis By End Users

the Mission Critical Communication Market is divided into public safety and government agencies, energy and utilities, transportation, mining and other segments. The public safety and government agencies segment hold the major share of the market and is expected to hold the dominance during the forecast period.

REGIONAL ANALYSIS

On the basis of region, the Mission Critical Communication market is segmented into North America region, Asia Pacific region, Europe region, Latin America region and Middle East and Africa region.

North America region hold the prominent share of the market due to the factors such as increasing investments by public safety agencies in P25 two way radio technology an also the shift in customer preference to LTE technology from the existing ones. The North America region is expected to hold the dominance during the forecast period.

Europe region is also expected to increase the market growth due to the high adoption of critical communication systems and also the continual developments by various notable players in the region promotes the growth. Furthermore, increasing uptake of MCX technologies in rapidly developing end user industries such as military and defence, transportation also one of the major driving factors which promotes the growth of the market during the forecast period.

Asia Pacific region is also expected to increase the market value in the upcoming years followed by North America region and Asia Pacific region.

KEY PLAYERS IN THE GLOBAL MISSION CRITICAL COMMUNICATION MARKET

Key market participants of Mission Critical Communication market are Hytera Communication Corp Ltd (China), Inmarsat PLC (UK), Mentura Group OY (Finland), Leonardo SpA (Italy), Ascom (Switzerland), AT&T Inc. (U.S), Cobham Wireless (UK), Huawei Technologies Co. Ltd (China), , Harris Corporation (U.S.), Motorola Solutions, Inc. (U.S), Nokia (Finland),  Motorola Solutions, Inc. (U.S), Nokia (Finland) , Telefonaktiebolaget LM Ericsson (Sweden),  Zenitel (Norway)  and  ZTE Corporation (China)

DETAILED SEGMENTATION OF THE GLOBAL MISSION CRITICAL COMMUNICATION MARKET INCLUDED IN THIS REPORT

The global mission critical communication market is segmented based on component, technology, end user, and region.

By Component                        

  • hardware
  • software  
  • services    

By Technology                         

  • land mobile radio
  • long term evolution            

By End User                              

  • public safety and government agencies     
  • energy and utilities              
  • transportation       
  • mining      
  • Others      

By Region

  • North America
  • Europe
  • Asia-Pacific
  • Latin America
  • The Middle East and Africa

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Frequently Asked Questions

What are the primary drivers of growth in the global Mission Critical Communication Market?

Key drivers include the increasing need for reliable communication during emergencies, advancements in communication technologies (like 5G and AI), growing investments in public safety infrastructure, and the rising demand for interoperable communication solutions across different agencies and sectors globally.

How does 5G technology impact the Mission Critical Communication Market?

5G technology significantly enhances mission-critical communications by providing higher bandwidth, lower latency, and improved reliability. This allows for better real-time communication, faster data transfer, and supports advanced applications such as drone surveillance and augmented reality for first responders.

How are public-private partnerships influencing the Mission Critical Communication Market?

Public-private partnerships are instrumental in advancing mission-critical communication technologies. Governments collaborate with private companies to leverage cutting-edge innovations, share expertise, and fund large-scale projects that enhance public safety and emergency response capabilities globally.

What are the future trends in the Mission Critical Communication Market?

Future trends include the integration of artificial intelligence and machine learning for predictive analytics, the use of IoT devices for real-time monitoring and data collection, increased adoption of cloud-based communication solutions, and ongoing developments in 5G and beyond to further improve reliability and efficiency of mission-critical communications.

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