Rise in demand for critical communication solutions from various industries drives growth of the market. In addition, the global rise in terrorism, public safety, and an increase in demand for a reliable network during emergencies are expected to supplement the market growth. However, high implementation costs, limited data transport capabilities, and limited spectrum bandwidth hamper the market growth. On the contrary, investments by governments implementing mission-critical communication solutions in the defense sector is expected to provide lucrative opportunities for the mission critical communication market.
North America is expected to have the largest market share during the forecast period, owing to an increase in investments by governments for public safety and shift in customer preference from existing technology to LTE technology. In addition, Asia-Pacific is also expected to witness significant growth, owing to rise in number of industries in developing countries such as China, India, and Japan. Countries are investing in critical communication devices for their benefits. For instance, Sepura and its partner Consort Digital deployed a complete communication solution to the island of Mauritius, providing voice and data communications via Sepura TETRA radios to the new Mauritius Metro Express, which covers everyday tasks such as maintenance, cleaning, and staff resources.
Service vendors in the MCX market are building up their strategies and investing heavily in research & development to launch new products to grow in the market. Recently, Motorola unveiled its two new security solutions for ASTRO 25 radio networks including KVL 5000 key variable loader and Avigilon video.
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Key industry players such as – Ascom (Switzerland),AT&T Inc. (U.S), Cobham Wireless (UK), Huawei Technologies Co. Ltd (China), , Harris Corporation (U.S.), Hytera Communication Corp Ltd (China), Inmarsat PLC (UK), Mentura Group OY (Finland),Leonardo SpA (Italy), Motorola Solutions, Inc. (U.S), Nokia (Finland), Motorola Solutions, Inc. (U.S), Nokia (Finland) , Telefonaktiebolaget LM Ericsson (Sweden), Zenitel (Norway) and ZTE Corporation (China)
Regions covered – North America (U.S., and Canada), Europe (Germany, UK, France, and the Rest of Europe), Asia Pacific (China, Japan, India, and the Rest of Asia Pacific), Latin America (Brazil, Mexico, and the Rest of LATAM) and The Middle East and Africa
Latest news and industry developments in terms of market expansions, acquisitions, growth strategies, joint ventures and collaborations, product launches, market expansions etc. are included in the report.
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