Global Public Safety LTE Market Report 2022: Market to Reach $16.8 Billion by 2026
DUBLIN, Feb. 7, 2022 /PRNewswire/ — The “Public Safety LTE – Global Market Trajectory & Analytics” report has been added to ResearchAndMarkets.com’s offering.
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Global Public Safety LTE Market to Reach US$16.8 Billion by the Year 2026
The global market for Public Safety LTE estimated at US$5.6 Billion in the year 2020, is projected to reach a revised size of US$16.8 Billion by 2026, growing at a CAGR of 19.9% over the analysis period.
Given that reliable communication is vital for efficient provision of essential services and also planning in an emergency, public safety LTE is witnessing increasing demand. The expansion of first responder teams is resulting in growing number of pre-emergency procurement contracts for telecommunications equipment and services including LTE systems.
Launch of community emergency response programs and formation of rapid response teams (RRTs) at hospitals are also expected to benefit…