As companies increasingly focus on consolidating their market shares, leading players in the global dispatch console market are compelled to expand their business operations and increase product offerings, finds Transparency Market Research (TMR) in a new study. To this end, moderate competition exist among key players in the global dispatch console market.
Motorola Solutions, Inc., emerged as the undisputed market leader in 2013 thanks to its established customer base constituting industrial and commercial customers, government agencies, first responder agencies, and public safety agencies. Besides this, Harris Corporation, Zetron, Inc., and Telex Radio Dispatch are strong contenders in the market. Together these companies make the top four players in the market. They held dominance in the global dispatch console market with a share of over 57% in terms of value in 2013.
The global dispatch console market stood at US$2.36 bn in 2013, exhibiting at a CAGR of 4.7% between 2014 and 2020, the market is expected to reach US$3.22 bn by the end of 2020. Regionally, North America emerged dominant in 2013, however Asia Pacific is touted to report a higher CAGR of 7.5% between 2014 and 2020. By application, the telecommunication segment is likely to expand at 7.5% CAGR, thus exhibiting higher CAGR than others segments during the forecast period.
Use of Dispatch Consoles to Increase in Mission Critical Environment
According to TMR, the growing emphasis on efficient handling of mission critical environment will steer growth of the global dispatch console market. “Failure in communicating information and ensuring coordination in mission critical environment could prove fatal for the mission and the people involved in it alike,” observes the TMR report’s author. To ascertain operational efficiency and safety, dispatch consoles are thus used in mission critical environments such as fire accidents, natural disasters, military operations, and terrorist attacks.
With Improved Functionality and Flexibility, Dispatch Consoles are expected to Replace Conventional Counterparts Soon
As the demand for improved functionalities and interoperability continues to increase, it will simultaneously increase the use of dispatch consoles. The recent technological advancements have provided dispatch consoles with greater flexibility and functionalities that their hardware-based counterparts. With significantly improved ergonomics, novel dispatch consoles are expected to replace conventional systems soon, thus boosting the dispatch console market in response.
Concerns Relating Securing Dispatch Consoles from Data Theft Challenge Key Players
“Securing dispatch consoles from data theft and data alteration are among the biggest challenge faced by key players in the market,” said a lead TMR analyst Being dependent on computer-based technologies, dispatch consoles are susceptible to common security concerns such as security threats and viruses that could take control of the entire system. These threats create loophole in the system making it vulnerable to breakdown or theft of critical information. Furthermore, TMR forecasts a considerable dip in the sale of dispatch consoles in the near future with the impending consolidation of public safety answering points (PSAPs) in the US. However, the overall impact of this restrain is likely to remain medium.
Nevertheless, according to TMR, the rising applications across utilities and natural resource extraction and exploration besides public safety applications will continue steer growth of the global dispatch console market in the near future.
This review is based on findings published by TMR in a report, titled “Dispatch Console Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2014 - 2020.”
The report segments the global dispatch console market into:
Dispatch Console Market, By Application:
- Public Safety
- Government and Military
- Others (Mining, Natural Resource Extraction, etc.)
Dispatch Console Market, By Geography:
- North America
- Asia Pacific
- Rest of the World (Latin America, Middle East, and Africa)
Transparency Market Research (TMR) is a market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants, use proprietary data sources and various tools and techniques to gather, and analyze information. Our business offerings represent the latest and the most reliable information indispensable for businesses to sustain a competitive edge.
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