Europe Mission Critical Communication Market to Surpass $10.3 Billion by 2028 at a CAGR of 9.1%
DUBLIN, Nov. 23, 2022 /PRNewswire/ -- The "Europe Mission Critical Communication Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Component, Technology and Vertical" report has been added to ResearchAndMarkets.com's offering.
To modernize and create an effective communication network across war fields, defense ministries are investing substantial amounts in newer technologies, including mission critical communication systems.
For instance, in August 2021, Motorola Solutions received a contract worth US$ 82.3 million from German Navy to supply new mission critical communication networks for 16 naval vessels and other training platforms. Thus, an urge rise in military expenditure for the procurement of mission critical communication systems is expected to create lucrative opportunities for the market players during the forecast period.
Europe Mission Critical Communication Market Segmentation
Based on vertical, the Europe mission critical communication market is segmented into public safety and government agencies, transportation, energy and utilities, mining, and others. In 2022, the public safety and government agencies segment is expected to dominate the market. The Europe mission critical communication market, based on country, is segmented into Germany, France, Italy, the UK, Russia, and rest of Europe. In 2022, Germany dominated the market.
5. Europe Mission Critical Communication Market - Key Market Dynamics
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