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.
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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-
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:
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:
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
Table of Contents:
Five Forces Analysis
Market Segmentation by Product
Market Segmentation by End-user
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