Public Safety LTE Market is projected to grow at the highest CAGR from 2019 to 2024

Reliable and dependable communication is vital for the first responders as they must be connected to control centers as well as to each other. The changing requirements of public safety communication are leading to the adoption of LTE technology by public safety agencies globally. The demand for broadband networks is increasing worldwide to carry out unmanned operations and remote surveillance activities as these operations cannot be performed over narrowband. As a result, public safety agencies have started to adopt LTE-based public safety solutions. LTE networks are capable of supporting a wide variety of high bandwidth data services and real-time communication services.

The Public Safety LTE Market is projected to grow from USD 4.7 billion in 2019 to USD 11.7 billion by 2024; it is expected to grow at a CAGR of 20.2% from 2019 to 2024. Increased data security, high quality of services, and seamless data connectivity offered by LTE technology are among major factors driving the growth of the market. The growing participation of industry players in the development of public safety-LTE and its increased adoption in the transport and industrial applications are the major macro drivers for the growth of the PS-LTE market.

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The PS-LTE market is competitive owing to the presence of a significant number of defense and technology companies in it. Moreover, the commercialization of new smartphone-like, interoperable handheld devices equipped with PS-LTE technology is also fueling the growth of the market. For instance, in May 2019, Bittium (Finland) launched the ultra-secure Bittium Tough Mobile 2 smartphone. The core of the information security of this new Bittium Tough Mobile 2 smartphone is its multilayered security structure, which is based on the hardened Android 9 Pie operating system and is equipped with unique hardware solutions and information security features and software integrated with the source code. The multilayered information security feature of this smartphone ensures that data stored in the device and data transfer are protected as effectively as possible.

Based on deployment model, the hybrid LTE segment of the PS-LTE market is projected to grow at the highest CAGR from 2019 to 2024. The growth of this segment can be attributed to the increasing traction of the hybrid LTE deployment model owing to its low infrastructure setup costs. The hybrid LTE deployment model requires an increase in the capacity of existing networks to handle additional traffic of first responders and users of PS-LTE services.

Based on application, the law enforcement & border control segment of the PS-LTE market is projected to grow at the highest CAGR during the forecast period. Increasing demand for high-speed data connectivity to share high-definition audio and video content with command centers during field operations by law enforcement & border control agencies is augmenting the growth of this segment of the market.

Among end users, the utilities segment of the PS-LTE market is projected to witness the highest growth during the forecast period. In the utilities vertical, PS-LTE channels are widely used to notify emergencies. Moreover, emergency medical services and firefighting services are also being publicly or privately deployed to ensure the safety of the masses. The utilities vertical uses audio and video surveillance systems for securing people and assets. The deployment of such systems helps in preparing, detecting, and preventing emergencies.

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The PS-LTE market in North America is projected to witness the highest growth during the forecast period. The growth of the market in this region is driven mostly by increase in the number of terrorist attacks and the occurrence of natural calamities such as floods, cyclones, forest fires, and earthquakes, and cyberattacks in the region. The adoption of artificial intelligence in public safety can be foreseen as a considerable growth opportunity for the market players. For instance, in April 2019, Motorola Solutions (US) introduced a tactical LTE system, an ultraportable 4G multimedia data communication device integrated with a broadband network, at LAAD (public and corporate security international exhibition) held in Brazil. This device can be carried in a backpack. This rugged LEX L11 device has a push-to-talk feature and is capable of sending and receiving images, maps, and data between different security forces. The company also showcased cameras, sensors, advanced analytics, 4G devices, and radios that are integrated with connected platforms. The AI-based analytics software offered by the company helps to locate vehicles or people quickly and sends alerts when any unusual movement is detected.

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