Services Segment to Register Substantial Growth in United States Critical Communication Market During Forecast Period
Advanced features and
extensive scope of coverage provided by critical communication solutions to
drive the growth of United States critical communication market
According to
TechSci Research report, “United States Critical Communication
Market By Offering, By Technology, By Application, By
Region, Forecast & Opportunities, 2024”, the United
States critical communication market is expected to grow at a steady CAGR through
2024 on account of growing need for a reliable and high quality critical
communication system. However, high procurement costs and interoperability issues
can restrict growth of the market during forecast period.
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The United States critical
communication market is segmented based on offering, technology, application,
company and region. Based on offering, the market can be categorized into
hardware, software and services. The services segment is expected to observe
robust growth during forecast period. This can be attributed to the increasing
instances of threats, cyberattacks and emergence of sophisticated hacking attacks
as a result of which several organizations and government organizations are
upgrading their communications systems. Based on technology, the market can be
fragmented into land mobile radio, long term evolution and others. The land
mobile radio segment is expected to witness significant growth over the coming
years attributable to their widespread use by first responders such as police,
ambulance, fire services, among others.
Qualcomm Technologies Inc.,
Motorola, Inc., Samsung America Inc., Rohill Engineering U.S., Inc., Nokia
Corporation, AT&T Inc., Harris Corporation, ZTE USA, Inc., Cobham Wireless
Plc, Simoco Wireless Solutions Limited and others are some of the
leading players operating in United States critical communication market. The companies
operating in the market are using organic strategies such as product launches,
mergers and collaborations to boost their share. For instance, In March 2018,
Harris received a 5-year, single-award Indefinite Delivery Indefinite Quantity
(IDIQ) contract from the U.S. Navy in the fiscal year 2018 for HF and multiband
handheld and manpack radio systems and accessories.
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“United States critical
communication market is expected to witness significant growth during the
forecast period, owing to the ongoing technological advancements and rising
adoption of digital LMR products by government and commercial sectors in the
region. Additionally, the
government has made the interoperability standard available to ensure efficient
use of LMR technology products, fast and uninterrupted communication in case of
catastrophic situations similar to the 9/11 attack or Hurricane Katrina.” said Mr.
Karan Chechi, Research Director with TechSci Research, a research based global
management consulting firm.
“United States Critical Communication Market By
Offering, By Technology, By Application, By Region, Forecast &
Opportunities, 2024” has evaluated
the future growth potential of United States critical communication market and
provides statistics & information on market size, structure and future
market growth. The report intends to provide cutting-edge market intelligence
and help decision makers take sound investment decisions. Besides, the report
also identifies and analyzes the emerging trends along with essential drivers,
challenges and opportunities in United States critical communication market.
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