PUBLISHER: Bizwit Research & Consulting LLP | PRODUCT CODE: 1529446
PUBLISHER: Bizwit Research & Consulting LLP | PRODUCT CODE: 1529446
Global Mission Critical Communication Market Size study, by Component, by Technology (Land Mobile Radio, Long-Term Evolution, 5G, Mission-Critical Push-to-X), by End-user and Regional Forecasts 2022-2032
The Global Mission Critical Communication (MCX) Market is valued approximately at USD 23.45 billion in 2023 and is anticipated to grow with a healthy growth rate of more than 14.28% over the forecast period 2024-2032. Mission critical communication systems and networks provide vital support for users to interact efficiently during critical times when regular cellular networks fail to operate effectively. The market for mission critical communication is driven by the advanced features these systems offer, such as call prioritization and pre-programmed interoperability, which enhance communication capabilities and reduce latency.
The rising adoption of 5G technology is set to revolutionize mission critical communication systems, providing ultra-high reliability and low latency. This allows emergency services to utilize more modern communication methods akin to those available on smartphones, ensuring real-time capabilities with minimal network delay. This technological advancement promises to expand the range of applications and use cases, enabling efficient, safer, and cost-effective solutions via commercial mobile networks with specific mission-critical capabilities. The introduction of features such as Push-to-Video, video sharing, group chat, file sharing, and location sharing, all while prioritizing mission-critical scenarios, is anticipated to drive the market growth significantly. However, high costs of mission critical communication systems and complexity in integration with existing systems restrain growth of the market during the forecast period 2024-2032.
The key region in the Global Mission Critical Communication (MCX) Market includes North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. In 2023, North America held the largest revenue share driven by product launches and strategic growth initiatives by key players. For instance, Motorola Solutions introduced the APX N series of next-generation mission-critical portable two-way radios, featuring enhanced ergonomics, security, and ruggedness. The Asia Pacific region, particularly China, India, and Japan, is expected to experience the highest growth rate due to the flourishing industries such as mining, energy, and utilities, which significantly drive the demand for mission critical communication solutions.
Major market players included in this report are:
- Motorola Solutions, Inc.
- Nokia
- ZTE Corporation
- Telefonaktiebolaget LM Ericsson
- Huawei Technologies Co. Ltd.
- AT&T Inc.
- L3harris Technologies, Inc.
- Hytera Communications Corp. Ltd.
- Cobham Wireless
- Ascom
- Mentura Group Oy
- Leonardo S.P.A.
- Inmarsat Plc
- Zenitel
- Telstra
The detailed segments and sub-segment of the market are explained below:
By Component
- Hardware
- Software
- Services
By Technology
- Land Mobile Radio (LMR)
- Long-Term Evolution
- 5G
- Mission-Critical Push-to-X (based on 3GPP)
By End-user
- Public Safety and Government Agencies
- Transportation
- Energy and Utilities
- Mining
- Others
By Region:
- North America
- U.S.
- Canada
- Europe
- UK
- Germany
- France
- Spain
- Italy
- ROE
- Asia Pacific
- China
- India
- Japan
- Australia
- South Korea
- RoAPAC
- Latin America
- Brazil
- Mexico
- Rest of Latin America
- Middle East & Africa
- Saudi Arabia
- South Africa
- RoMEA
Years considered for the study are as follows:
- Historical year - 2022
- Base year - 2023
- Forecast period - 2024 to 2032
Key Takeaways:
- Market Estimates & Forecast for 10 years from 2022 to 2032.
- Annualized revenues and regional level analysis for each market segment.
- Detailed analysis of geographical landscape with Country level analysis of major regions.
- Competitive landscape with information on major players in the market.
- Analysis of key business strategies and recommendations on future market approach.
- Analysis of competitive structure of the market.
- Demand side and supply side analysis of the market.
Table of Contents
Chapter 1. Global Mission Critical Communication (MCX) Market Executive Summary
- 1.1. Global Mission Critical Communication (MCX) Market Size & Forecast (2022-2032)
- 1.2. Regional Summary
- 1.3. Segmental Summary
- 1.3.1. By Component
- 1.3.2. By Technology
- 1.3.3. By End-user
- 1.4. Key Trends
- 1.5. Recession Impact
- 1.6. Analyst Recommendation & Conclusion
Chapter 2. Global Mission Critical Communication (MCX) Market Definition and Research Assumptions
- 2.1. Research Objective
- 2.2. Market Definition
- 2.3. Research Assumptions
- 2.3.1. Inclusion & Exclusion
- 2.3.2. Limitations
- 2.3.3. Supply Side Analysis
- 2.3.3.1. Availability
- 2.3.3.2. Infrastructure
- 2.3.3.3. Regulatory Environment
- 2.3.3.4. Market Competition
- 2.3.3.5. Economic Viability (Consumer's Perspective)
- 2.3.4. Demand Side Analysis
- 2.3.4.1. Regulatory frameworks
- 2.3.4.2. Technological Advancements
- 2.3.4.3. Environmental Considerations
- 2.3.4.4. Consumer Awareness & Acceptance
- 2.4. Estimation Methodology
- 2.5. Years Considered for the Study
- 2.6. Currency Conversion Rates
Chapter 3. Global Mission Critical Communication (MCX) Market Dynamics
- 3.1. Market Drivers
- 3.1.1. Growing Benefits of 5G for Mission Critical Communication Systems
- 3.1.2. Advanced Features of Mission Critical Communication Systems
- 3.1.3. Increasing Demand for Low Latency Communication
- 3.2. Market Challenges
- 3.2.1. High Costs of Mission Critical Communication Systems
- 3.2.2. Complexity in Integration with Existing Systems
- 3.3. Market Opportunities
- 3.3.1. Technological Advancements in Mission Critical Communication
- 3.3.2. Expansion of Mission Critical Communication in Emerging Markets
Chapter 4. Global Mission Critical Communication (MCX) Market Industry Analysis
- 4.1. Porter's 5 Force Model
- 4.1.1. Bargaining Power of Suppliers
- 4.1.2. Bargaining Power of Buyers
- 4.1.3. Threat of New Entrants
- 4.1.4. Threat of Substitutes
- 4.1.5. Competitive Rivalry
- 4.1.6. Futuristic Approach to Porter's 5 Force Model
- 4.1.7. Porter's 5 Force Impact Analysis
- 4.2. PESTEL Analysis
- 4.2.1. Political
- 4.2.2. Economical
- 4.2.3. Social
- 4.2.4. Technological
- 4.2.5. Environmental
- 4.2.6. Legal
- 4.3. Top investment opportunity
- 4.4. Top winning strategies
- 4.5. Disruptive Trends
- 4.6. Industry Expert Perspective
- 4.7. Analyst Recommendation & Conclusion
Chapter 5. Global Mission Critical Communication (MCX) Market Size & Forecasts by Component 2022-2032
- 5.1. Segment Dashboard
- 5.2. Global Mission Critical Communication (MCX) Market: Component Revenue Trend Analysis, 2022 & 2032 (USD Billion)
- 5.2.1. Hardware
- 5.2.2. Software
- 5.2.3. Services
Chapter 6. Global Mission Critical Communication (MCX) Market Size & Forecasts by Technology 2022-2032
- 6.1. Segment Dashboard
- 6.2. Global Mission Critical Communication (MCX) Market: Technology Revenue Trend Analysis, 2022 & 2032 (USD Billion)
- 6.2.1. Land Mobile Radio (LMR)
- 6.2.2. Long-Term Evolution
- 6.2.3. 5G
- 6.2.4. Mission-Critical Push-to-X (based on 3GPP)
Chapter 7. Global Mission Critical Communication (MCX) Market Size & Forecasts by End-user 2022-2032
- 7.1. Segment Dashboard
- 7.2. Global Mission Critical Communication (MCX) Market: End-user Revenue Trend Analysis, 2022 & 2032 (USD Billion)
- 7.2.1. Public Safety and Government Agencies
- 7.2.2. Transportation
- 7.2.3. Energy and Utilities
- 7.2.4. Mining
- 7.2.5. Others
Chapter 8. Global Mission Critical Communication (MCX) Market Size & Forecasts by Region 2022-2032
- 8.1. North America Mission Critical Communication (MCX) Market
- 8.1.1. U.S. Mission Critical Communication (MCX) Market
- 8.1.1.1. Component breakdown size & forecasts, 2022-2032
- 8.1.1.2. Technology breakdown size & forecasts, 2022-2032
- 8.1.1.3. End-user breakdown size & forecasts, 2022-2032
- 8.1.2. Canada Mission Critical Communication (MCX) Market
- 8.1.1. U.S. Mission Critical Communication (MCX) Market
- 8.2. Europe Mission Critical Communication (MCX) Market
- 8.2.1. U.K. Mission Critical Communication (MCX) Market
- 8.2.2. Germany Mission Critical Communication (MCX) Market
- 8.2.3. France Mission Critical Communication (MCX) Market
- 8.2.4. Spain Mission Critical Communication (MCX) Market
- 8.2.5. Italy Mission Critical Communication (MCX) Market
- 8.2.6. Rest of Europe Mission Critical Communication (MCX) Market
- 8.3. Asia-Pacific Mission Critical Communication (MCX) Market
- 8.3.1. China Mission Critical Communication (MCX) Market
- 8.3.2. India Mission Critical Communication (MCX) Market
- 8.3.3. Japan Mission Critical Communication (MCX) Market
- 8.3.4. Australia Mission Critical Communication (MCX) Market
- 8.3.5. South Korea Mission Critical Communication (MCX) Market
- 8.3.6. Rest of Asia Pacific Mission Critical Communication (MCX) Market
- 8.4. Latin America Mission Critical Communication (MCX) Market
- 8.4.1. Brazil Mission Critical Communication (MCX) Market
- 8.4.2. Mexico Mission Critical Communication (MCX) Market
- 8.4.3. Rest of Latin America Mission Critical Communication (MCX) Market
- 8.5. Middle East & Africa Mission Critical Communication (MCX) Market
- 8.5.1. Saudi Arabia Mission Critical Communication (MCX) Market
- 8.5.2. South Africa Mission Critical Communication (MCX) Market
- 8.5.3. Rest of Middle East & Africa Mission Critical Communication (MCX) Market
Chapter 9. Competitive Intelligence
- 9.1. Key Company SWOT Analysis
- 9.2. Top Market Strategies
- 9.3. Company Profiles
- 9.3.1. Motorola Solutions, Inc.
- 9.3.1.1. Key Information
- 9.3.1.2. Overview
- 9.3.1.3. Financial (Subject to Data Availability)
- 9.3.1.4. Product Summary
- 9.3.1.5. Market Strategies
- 9.3.2. Nokia
- 9.3.3. ZTE Corporation
- 9.3.4. Telefonaktiebolaget LM Ericsson
- 9.3.5. Huawei Technologies Co. Ltd.
- 9.3.6. AT&T Inc.
- 9.3.7. L3harris Technologies, Inc.
- 9.3.8. Hytera Communications Corp. Ltd.
- 9.3.9. Cobham Wireless
- 9.3.10. Ascom
- 9.3.11. Mentura Group Oy
- 9.3.12. Leonardo S.P.A.
- 9.3.13. Inmarsat Plc
- 9.3.14. Zenitel
- 9.3.15. Telstra
- 9.3.1. Motorola Solutions, Inc.
Chapter 10. Research Process
- 10.1. Research Process
- 10.1.1. Data Mining
- 10.1.2. Analysis
- 10.1.3. Market Estimation
- 10.1.4. Validation
- 10.1.5. Publishing
- 10.2. Research Attributes
