How Has the Critical Communication Market Evolved Historically and What is its Current Size?
The critical communication market has seen considerable growth due to a variety of factors.
• The critical communication market has expanded quickly in recent years. It is expected to grow from $21.38 billion in 2024 to $24.23 billion in 2025, at a CAGR of 13.3%.
Factors contributing to this growth include the transition from analog to digital communication, the development of LTE and 5G networks, the Internet of Things, regulations promoting interoperability and communication standards, and spectrum allocation.
What is the Forecasted Market Size and CAGR for the Critical Communication Market?
The critical communication market is expected to maintain its strong growth trajectory in upcoming years.
• The critical communication market is projected to grow rapidly, reaching $39.64 billion by 2029 at a CAGR of 13.1%.
This growth is driven by the demand for reliable communication systems, increased resilience, strategic collaborations, the rise in natural disasters, and the adoption of energy-efficient communication technologies. Major trends include hybrid communication solutions, biometric authentication, augmented and virtual reality, the rise of public-private partnerships, and cloud computing.
What Key Factors and Trends Are Driving The Growth Critical Communication Market?
The rise in public safety concerns is expected to drive the growth of the critical communication market. Public safety concerns involve threats to the security and well-being of communities, stemming from sources like natural disasters, crime, and public health crises. Effective communication is essential for coordinating emergency services and providing critical information. For example, in February 2024, the Institute for Economics and Peace reported a 22% increase in terrorism-related deaths, with the US and the Sahel region in Africa being particularly affected. Rising public safety concerns propel the growth of the critical communication market.
What Are The Market Segments In The Critical Communication Market?
The critical communication market covered in this report is segmented –
1) By Offering: Hardware, Services
2) By Technology: Land Mobile Radio (LMR), Long-Term Evolution (LTE)
3) By Enterprise Type: Small And Medium Enterprises, Large Enterprises
4) By Vertical: Public Safety, Transportation, Utilities, Mining, Police And Security Department, Emergency Healthcare Services, Government Agencies, Airports, Marine, Other Verticals
Subsegments:
1) By Hardware: Radios (Tetra, P25, Dmr, Etc.), Base Stations, Repeaters, Controllers And Dispatch Consoles, Antennas, Gateways And Routers
2) By Services: Managed Services, System Integration Services, Maintenance And Support Services, Consulting Services, Training Services
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What Trends Are Shaping The Critical Communication Market?
Companies in the critical communication market are advancing technology, such as integrated dashboards, to improve critical event management. Integrated dashboards allow users to monitor and analyze real-time data from multiple sources. In September 2023, Everbridge Inc. introduced Everbridge 360, a unified dashboard designed to streamline crisis management by consolidating risk intelligence, communication, and coordination features, enabling faster, more efficient responses during crises.
Who Are the Key Players In The Critical Communication Market?
Major companies operating in the critical communication market are:
• Samsung Group
• Verizon Communications Inc.
• AT&T Inc.
• Huawei Technologies Co. Ltd.
• T-Mobile US Inc.
• Airbus SE
• Ericsson Inc.
• Nokia Corporation
• NEC Corporation
• Thales Group
• Leonardo S.p.A.
• Motorola Solutions
• Bosch Security Systems
• Harris Corporation
• Hytera Communications
• Iridium Communications Inc.
• Tait Communications
• Sepura Ltd.
• Zetron Inc.
• Simoco Wireless Solutions
• DAMM Cellular Systems A/S
• PowerTrunk Inc.
• Kenwood Corporation
What Are The Regional Insights Into The Critical Communication Market?
North America was the largest region in the critical communication market in 2024. The regions covered in the critical communication market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
