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Public Safety Wireless Communication Spending and Municipal Wireless Communication Spending Market to be worth US$22.1 bn by 2017

Posted on Nov 13, 2015

The market research report, titled “Public Safety Wireless Communication & Municipal Wireless Communication Market - Global Spending Analysis & Forecast (2007 - 2017)”, published by Transparency Market Research provides a professional and granular overview of the global public safety and municipal wireless communication market. The report states that the global market, which had a valuation of US$14.8 bn in 2011, will expand at a 6.98% CAGR between 2012 and 2017 to a valuation of US$22.1 bn by 2017.

 

Browse the full Public Safety Wireless Communication & Municipal Wireless Communication Market: Global Spending Analysis & Forecast (2007 - 2017) report at https://www.transparencymarketresearch.com/public-safety.html

Some of the key factors that are driving demand for wireless networks in public places on an increased level include the increased global interest in wireless technologies, the rapidly decreasing price gap and standardization issues in wireless networking products across distant locations, and the introduction of highly reliable and acceptable security solutions.

 

The report segments the global public safety wireless communication and municipal wireless communication market on the basis of application, agency type, governance level, and geography.On the basis of type of governance, the market is segmented into federal, local, and state. On the basis of agency, the market is segmented into fire department, emergency response, and police department. The key applications of the market studied in the report include personnel safety and location, automated vehicle locating, VPN access, video surveillance, incident scene management, retrieval, mobile workforce collaboration, and document management.

 

Of the types of agencies that use data collected from public safety wireless communication and municipal wireless communication networks, the police department led the market in terms of spending for setting up such networks and accounted for a 72.5% share in the market in 2011. The report states that this market segment will expand at an impressive 7.0% CAGR between 2012 and 2017 and lead the market over the report’s forecast period as well.

 

The report states that the spending on public safety wireless communication in North America accounted for over 50% of the total global spending on public safety wireless networks in 2011. Asia Pacific spent more than US$2 mn on public safety wireless networks in 2011. Rapid urbanization in Asia Pacific is expected to drive demand for a larger number of public safety wireless networks in the coming years, owing to which the public safety wireless market is expected to expand at a healthy 15.70% CAGR from 2012 to 2017 in Asia Pacific.

 

In the EMEA region, comprising Europe, the Middle East, and Africa, the market for public safety wireless communication and municipal wireless communication is projected to rise owing to the developments in the infrastructure sector. The market is also expected to expand at a steady pace in Latin America owing to the rising wireless communication industry in the region.

 

The report also presents a detailed overview of the market’s competitive landscape, wherein, along with details such as recent developments and financial status of key businesses, detailed business profiles of the key vendors in the market are also included in the report. Some of the key market players profiled in the report are Alcatel-Lucent, Cisco, Ericsson, Motorola Solutions Inc., and Nokia Siemens Networks.

 

About Us
 

Transparency Market Research (TMR) is a global market intelligence company providing business information reports and services. The company’s exclusive blend of quantitative forecasting and trend 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. 

 

TMR’s data repository is continuously updated and revised by a team of research experts so that it always reflects the latest trends and information. With extensive research and analysis capabilities, Transparency Market Research employs rigorous primary and secondary research techniques to develop distinctive data sets and research material for business reports.

 

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