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(USGovernment-News.Com, October 02, 2018 ) The major players in the market are as follows:
ZTE Corporation Huawei Technologies Co. Ltd. Ericsson AT&T Inc. Alcatel-Lucent S.A. Verizon Communications Inc. Airbus Group, Inc. Motorola Solutions, Inc. Nokia Networks Harris Corporation
According to Verified Market Intelligence, the Global Wireless Broadband in Public Safety Market was valued at USD 7.98 billion in 2016 and is projected to reach USD 50.10 billion by 2025, growing at a CAGR of 22.65% from 2017 to 2025.
The security issues that are prevalent worldwide have led to problems and difficulties for public safety organizations and have prompted the adoption and implementation of various security measures. The wireless broadband for public safety enhances the quality of the management and security of the people. Various communication solutions that are advanced in nature such as the wireless mobile network, the radio management system and others have improved the overall communication within the public safety departments which subsequently upgrades disaster management services.
With the implementation of strong government regulations comes the necessity for wireless broadband public safety. The integration of a wireless broadband for public safety will result in procurement of features such as cost reduction, time-saving and easy availability of real-time information. These factors drive the market for wireless broadband in public safety. Factors such as the budget constraints, the requirement of spectrum allocation as well as the complexities that are related to the analysis of the data that is collected at the time of emergency situations are restraining the market.
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