Public Safety LTE Market Size

Public Safety LTE Market Analysis

The Public Safety LTE Market size is estimated at USD 11.92 billion in 2024, and is expected to reach USD 30.20 billion by 2029, growing at a CAGR of 20.43% during the forecast period (2024-2029).

Organizations for public safety, including firefighters and law enforcement, among others, are responsible for protecting people in emergencies from natural emergencies. These first responders can work effectively only with flawless communication between themselves to access and share critical information.

• Proximity services enablement is expected to drive the Public Safety LTE Market. Proximity services comprise special features explicitly utilized in the public safety spectrum for public safety applications. One such feature includes one mobile device acting as a relay for another and offering access to the network services outside the normal network coverage area.
• The LTE network for public safety is deployed under mobile broadband standards and enabled with all technological advances incorporated in the cellular network. It allows high-rate-data transfer, which is absent in the traditional Land Mobile Radio (LRM). Currently, the LTE network can transfer up to 75 Mbps on the uplink and 300 Mbps on the downlink. It may increase further with the decrease in the connectivity issue.
• This saves network resources and allows public safety communication in areas outside the network's coverage. Proximity services fulfill the communication need among public safety users in spite of not being in the network coverage. This, in turn, boosts the Public Safety LTE Market. In addition, seamless connectivity and higher speed offered by public safety LTE technology will likely drive the market over the predicted years.
• Also, growing demand for unmanned operations, eliminating network connectivity issues, and remote surveillance facilities are expected to boost the market in the coming years. Additionally, government initiatives like smart city development, increasing penetration of the Internet of Things, and increasing threats of natural disasters and crimes are expected to fuel the market during the forecasted years.
• Factors such as costly infrastructure, issues associated with allocating spectrums, and reliability concerns can act as market restraints. Spectrum is a scarce resource; hence, it must be used efficiently. Each frequency range has a unique band designator, and each frequency range performs a specific function.
• LTE networks for public safety serve a significant role in mission-critical services, and their implementation as a communication standard is likely to increase during the forecast period. Public safety LTE market growth is likely caused by the COVID-19 pandemic outbreak, which has improved the need for an efficient and effective communication system from public safety authorities to protect the safety of those impacted by the pandemic.