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COVID-19 Impacts: Public Safety Long-Term Evolution Devices Market Will Accelerate at a CAGR of Over 22% Through 2020-2024 | Declining ASP of Public Safety LTE Devices to Boost Growth | Technavio
[August 06, 2020]

COVID-19 Impacts: Public Safety Long-Term Evolution Devices Market Will Accelerate at a CAGR of Over 22% Through 2020-2024 | Declining ASP of Public Safety LTE Devices to Boost Growth | Technavio


Technavio has been monitoring the public safety long-term evolution devices market and it is poised to grow by USD 3.14 billion during 2020-2024, progressing at a CAGR of over 22% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20200806005571/en/

Technavio has announced its latest market research report titled Global Public Safety Long-Term Evolution Devices Market 2020-2024 (Graphic: Business Wire)

Technavio has announced its latest market research report titled Global Public Safety Long-Term Evolution Devices Market 2020-2024 (Graphic: Business Wire)

Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Please Request Free Sample Report on COVID-19 Impact

Frequently Asked Questions-

  • What was the value of the public safety long-term evolution devices market in 2019?
  • Technavio says that the value of the market was USD 1.86 billion in 2019 and is projected to reach USD 5.01 billion by 2024.

  • At what rate is the market projected to grow during the forecast period 2020-2024?
  • Growing at a CAGR of over 22%, the market growth will accelerate in the forecast period.

  • What is the key factor driving the market?
  • Declining ASP of public safety LTE (News - Alert) devices is one of the key factors driving the market growth.

  • Who are the top players in the market?
  • Airbus SE, AT&T Inc., Cisco (News - Alert) Systems Inc., General Dynamics Corp., Huawei Investment & Holding Co. Ltd., L3Harris Technologies Inc., Motorola Solutions Inc., Nokia Corp., Samsung Electronics Co. Ltd., and ZTE (News - Alert) Corp. are some of the major market participants.

  • Which region is expected to hold the highest market share?
  • North America

  • What is the year-over-year growth rate of the global market?
  • The year-over-year growth rate for 2020 is estimated at 19.02%.

The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. Airbus SE, AT&T Inc., Cisco Systems Inc., General Dynamics (News - Alert) Corp., Huawei Investment & Holding Co. Ltd., L3Harris Technologies Inc., Motorola Solutions Inc., Nokia Corp., Samsung Electronics Co. Ltd., and ZTE Corp. are some of the major market participants. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

Declining ASP of public safety LTE devices has been instrumental in driving the growth of the market.

Public Safety Long-Term Evolution Devices Market 2020-2024: Segmentation

Public Safety Long-Term Evolution Devices Market is segmented as below:

  • Product
    • ENB
    • Handheld Devices
    • Routers and Modules
  • Geography
    • North America
    • Europe
    • APAC
    • South America
    • MEA



To learn more about the global trends impacting the future of market research, download a free sample: https://www.technavio.com/talk-to-us?report=IRTNTR43451

Public Safety Long-Term Evolution Devices Market 2020-2024: Scope


Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. Our public safety long-term evolution devices market report covers the following areas:

  • Public Safety Long-Term Evolution Devices Market size
  • Public Safety Long-Term Evolution Devices Market trends
  • Public Safety Long-Term Evolution Devices Market analysis

This study identifies the adoption of LTE technology as one of the prime reasons driving the public safety long-term evolution devices market growth during the next few years.

Public Safety Long-Term Evolution Devices Market 2020-2024: Vendor Analysis

We provide a detailed analysis of vendors operating in the public safety long-term evolution devices market, including some of the vendors such as Airbus SE, AT&T Inc., Cisco Systems (News - Alert) Inc., General Dynamics Corp., Huawei Investment & Holding Co. Ltd., L3Harris Technologies Inc., Motorola Solutions Inc., Nokia Corp., Samsung Electronics Co. Ltd., and ZTE Corp. Backed with competitive intelligence and benchmarking, our research reports on the public safety long-term evolution devices market are designed to provide entry support, customer profile and M&As as well as go-to-market strategy support.

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Public Safety Long-Term Evolution Devices Market 2020-2024: Key Highlights

  • CAGR of the market during the forecast period 2020-2024
  • Detailed information on factors that will assist public safety long-term evolution devices market growth during the next five years
  • Estimation of the public safety long-term evolution devices market size and its contribution to the parent market
  • Predictions on upcoming trends and changes in consumer behavior
  • The growth of the public safety long-term evolution devices market
  • Analysis of the market's competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of public safety long-term evolution devices market vendors

Table of Contents:

Executive Summary

Market Landscape

  • Market ecosystem
  • Market characteristics
  • Value chain analysis

Market Sizing

  • Market definition
  • Market segment analysis
  • Market size 2019
  • Market outlook: Forecast for 2019 - 2024

Five Forces Analysis

  • Five forces summary
  • Bargaining power of buyers
  • Bargaining power of suppliers
  • Threat of new entrants
  • Threat of substitutes
  • Threat of rivalry
  • Market condition

Market Segmentation by Product

  • Market segments
  • Comparison by Product
  • eNB - Market size and forecast 2019-2024
  • Handheld devices - Market size and forecast 2019-2024
  • Routers and modules - Market size and forecast 2019-2024
  • Market opportunity by Product

Market Segmentation by End-user

  • Market segments
  • Comparison by End-user
  • Public sector - Market size and forecast 2019-2024
  • Private sector - Market size and forecast 2019-2024
  • Market opportunity by End-user

Customer Landscape

Geographic Landscape

  • Geographic segmentation
  • Geographic comparison
  • North America - Market size and forecast 2019-2024
  • Europe - Market size and forecast 2019-2024
  • APAC - Market size and forecast 2019-2024
  • South America - Market size and forecast 2019-2024
  • MEA - Market size and forecast 2019-2024
  • Key leading countries
  • Market opportunity by geography

Market Drivers

Market Challenges

Market Trends

Vendor Landscape

  • Competitive Scenario
  • Vendor landscape
  • Landscape disruption

Vendor Analysis

  • Vendors covered
  • Market positioning of vendors
  • Airbus SE
  • AT&T Inc.
  • Cisco Systems Inc.
  • General Dynamics Corp.
  • Huawei Investment & Holding Co. Ltd.
  • L3Harris Technologies Inc.
  • Motorola Solutions Inc.
  • Nokia Corp.
  • Samsung Electronics Co. Ltd.
  • ZTE Corp.

Appendix

  • Scope of the report
  • Currency conversion rates for US$
  • Research methodology
  • List of abbreviations

About Us

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.


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