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© 2016 Global Market Insights, Inc. USA. All Rights Reserved Fuel Cell Market size worth $25.5bn by 2024 Critical Communication Market.

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Presentation on theme: "© 2016 Global Market Insights, Inc. USA. All Rights Reserved Fuel Cell Market size worth $25.5bn by 2024 Critical Communication Market."— Presentation transcript:

1 © 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com Fuel Cell Market size worth $25.5bn by 2024 Critical Communication Market Growth Outlook with Industry Review by 2024 : Global Market Insights, Inc.

2 © 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com  Critical communication market in Asia Pacific is projected to hold the largest share over the forecast time span owing to the regional economic growth in the recent years. The rise in the number of terrorist attacks, such as Bhopal-Ujjain passenger train bombing in 2017, in India has led to an increase in demand for public safety devices and systems. Smart city projects in Asia Pacific, such as Land use and environmental management project in New Zealand, the Transportation project in Taiwan, and Administration project in Singapore, are boosting the critical communication market growth in the region.  Government and other organizations are investing heavily in the critical communication market to combat terrorist attacks and natural calamities. Many progressing countries, such as China, are investing heavily in this sector. On an average, China adds 450 subway stations every year to enhance its network. The presence of companies, such as Hytera, ZTE, and Telstra in Asia Pacific, is projected to aid the industry growth. The rise in research and development activities in the oil & gas industry in North America is propelling the industry growth in the region. Regional Analysis of Critical Communication Market :

3 © 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com Application Analysis of Critical Communication Market:  Increasing need for the adoption of modern technologies and the replacement of the existing outdated equipment with new advanced equipment are creating growth opportunities for the critical communication market. For instance, in July 2017, Nokia announced that it will be supplying mission-critical communication network to the county of Fresno, California, with an aim to modernize the network and improve public safety. The implementation of I- based communications makes connectivity establishment among agencies easier. For instance, connectivity between a natural calamity center and a city’s emergency center can be set-up using inter-domain IP routing through a national IP network.  The presence of multiple communication standards, such as P25, 3G, 2G, 4G LTE, DMR, and LMR, requires hardware, which increases the complexity and the cost of the system. This is a key factor hampering the growth of a critical communication market. In various handheld devices, the use of hardware increases the weight and the size of the device. This makes the device inconvenient for use and limits movement in critical scenarios such as battlefields. Limited spectrum bandwidth is also a major factor hindering the industry growth over the forecast timespan.

4 © 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com  Major players in the critical communication market include Leonardo, Hytera, AT&T, Ascom, Zenitel, Telstra, Nokia, Harris, Huawei, Ericson, Motorola, Mentura Group, Inmarsat, and Cobham Wireless. Rising competition among major players to bring new technologies in the critical communication market is projected to help the industry growth.  In May 2017, Harris Corporation announced that it will be supplying critical communication solutions for major electric utilities in the U.S. for providing security and reliability for over 10,000 users. Competitive Market Share of Critical Communication Market:

5 © 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com Browse Full Market Research Report On Critical Communication Market @ http://bit.ly/2DjSdJ6http://bit.ly/2DjSdJ6 Request for an in-depth table of contents for this report @ https://www.gminsights.com/request-toc/upcoming/2315

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