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Global public safety LTE market: 18.6% CAGR growth forecast between 2012-2016

Press Release   •   Aug 21, 2013 16:03 BST

The Global Public Safety Long Term Evolution (LTE) market is to grow at a CAGR of 18.6 percent over the period 2012-2016. One of the key factors contributing to this market growth is LTE's ability to provide broadband data applications. The Global Public Safety LTE Market has also been witnessing the continued disbarment of Chinese equipment vendors from the West. However, omnipresent Professional Mobile Radio (PMR) technologies could pose a challenge to the growth of this market.

In recent years, the cross-border security has become a point of concern for many countries. Most of the major countries are facing direct or indirect spying threat from their so called enemy countries. China is the main country that is alleged to be involved in such practices and hence been accused of inducing malwares and spywares in the networks deployed abroad. Moreover, Chinese vendors are also embroiled in the allegations of practicing "dumping" in the abroad markets to consolidate their presence in those markets. Many countries such as the US and Australia have even disbarred Chinese vendors from bidding in any of the projects. This trend definitely will not stop the requirement for the public safety LTE technology but will make the reach of incumbent vendors and budding vendors, alike, limited to only a few countries and decrease their chance to flourish in the developed countries.

The high-end data capabilities of LTE technology are one of the major growth drivers in the market. In the recent years, the Global Telecom industry has seen unprecedented growth of data applications and their abilities to serve a myriad of scenarios. Almost all the major telecom network operators are signing up for LTE in their respective service networks. The same LTE capabilities can be exploited in the mission-critical scenarios efficiently.

For more information on the Global public safety LTE market, please click here: Global public safety LTE market

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