Trends
Global wireless broadband in public safety market to reach $219.84B by 2032
The Global Wireless Broadband in Public Safety Market was valued at USD 31.53 billion in 2023 and is anticipated to generate an estimated revenue of USD 219.84 billion by 2032, with a CAGR of 24.1% from 2024 to 2032.
Wireless broadband in public safety market growth can be attributed to initiating a strong interaction framework competent to easing instantaneous information interchange during genuine disasters, mishaps, or menaces to national security. Amalgamating several wireless interaction calibers, such as LTE and approaching 5G networks, this technology warrants escalated data production and the least latency.
Fundamental Stats from the Report:
The market for wireless broadband in public safety was valued at USD 31.53 billion in 2023.
The market is expected to grow at a 24.1% compound annual growth rate (CAGR) from 2024-2032.
The wireless broadband in public safety market size is anticipated to grow to USD 219.84 billion by 2032.
Key Findings from the Report:
- The market for wireless broadband in public safety is expanding due to the delivery of an organized and committed network approach for public security firms, warranting important interactions that prevail in the course of crises.
- The market is primarily segmented by offering, system, application, end-use, and region.
- North America dominated the market with the largest wireless broadband in public safety market share.
Wireless Broadband in Public Safety Market Key Players: - Verizon Communications Inc.
- Cisco Systems, Inc
- Ericsson
- Huawei Technologies Co. Ltd
- Broadcom
- Extreme Networks
- Motorola Solutions
Wireless Broadband in Public Safety Market Regional Insights:
North America:
The wireless broadband in public safety market in North America is expected to escalate due to the acquisition of progressive wireless technologies such as LTE and 5G networks. These technologies provide increased bandwidth, lesser latency, and enhanced dependability, making them desirable for public safety applications.
Asia Pacific:
The region is emerging as the fastest-growing due to progressive communication technologies, such as wireless broadband, that reinforce crisis response and calamity-handling endeavors.
BCS Bureau