Europe Mission Critical Communication Market Report 2022: Rising Adoption of Mission-Critical Communications Systems Across Energy and Utilities Drives Growth – ResearchAndMarkets.com – Business Wire | Wonder Mind Kids

DUBLIN–(BUSINESS WIRE)–Added the “Europe Mission Critical Communications Market Forecast to 2028 – Impact of COVID-19 and Regional Analysis by Component, Technology and Industry” report ResearchAndMarkets.com Offer.

The market for mission-critical communications in Europe is expected to grow from US$6,154.55 million in 2022 to US$10,391.36 million in 2028; It is estimated to grow at a CAGR of 9.1% from 2022 to 2028.

The rapid changes in modern warfare have pushed the governments of European countries to allocate large sums of money to their armed forces. Such budget allocations allow armed forces to develop robust domestic technologies and procure advanced vehicles and other equipment, including communications systems, from international manufacturers. Adoption of advanced and effective communications systems is peaking in most armed forces to keep them operational.

To modernize and create an effective communications network across war zones, Departments of Defense are investing heavily in newer technologies, including mission-critical communications systems.

For example, in August 2021, Motorola Solutions was awarded a US$82.3 million contract by the German Navy to deliver new mission-critical communications networks for 16 naval vessels and other training platforms. Therefore, a sharp increase in military spending for procurement of mission-critical communication systems is expected to create lucrative opportunities for market participants during the forecast period.

market dynamics

market leader

  • Increasing adoption of mission-critical communications systems from the energy and utility sectors

  • Increase investment in new product initiatives by players

Market Restrictions

  • LTE Network Deployment Issues for Public Safety

market opportunities

  • Rising military spending

future trends

  • Integrating advanced technologies to improve the efficiency of mission-critical communications solutions

Market Segmentation for Business Critical Communications in Europe

The European mission-critical communications market is segmented by component, technology, industry and country.

  • Based on the components, the market is segmented into hardware, software and services. In 2022, the hardware segment is expected to dominate the market. The mission-critical communications hardware market is further segmented into command and control centers, routers and gateways, and distribution management systems. In 2022, the sales management systems segment is expected to dominate the hardware market.

  • Based on Technology, the Europe Mission Critical Communications market is categorized into Land Mobile Radio (LMR) and Long Term Development. In 2022, the long-term evolution segment is likely to lead the market.

Based on Industries, Europe Mission Critical Communications Market is segmented into Public Safety & Government Agencies, Transportation, Energy & Utilities, Mining and Others. In 2022, the public safety and government segment is expected to dominate the market. The European mission critical communications market is segmented by country into Germany, France, Italy, UK, Russia and Rest of Europe. In 2022 Germany dominated the market.

Main topics covered:

1 Introduction

2. Key takings

3. Research methodology

4. Market Landscape for Mission-Critical Communications in Europe

5. Europe Mission Critical Communications Market – Key Market Dynamics

6. Mission Critical Communications Market – Europe Analysis

7. Market Analysis for Business Critical Communications in Europe – by Components

8. Europe Mission Critical Communications Market Analysis – by Technology

9. Market Analysis for Mission Critical Communications in Europe – by Industry

10. European Mission Critical Communications Market – Country Analysis

11. Industry Landscape

12. Company Profiles

13. Appendix

companies mentioned

  • Ascom

  • Huawei Technologies Co.Ltd.

  • Hytera Communication Corporation Limited

  • L3Harris Technologies, Inc.

  • Mentura Group Oy

  • Motorola Solutions, Inc.

  • Nokia Corporation

  • Tasta Ltd

  • Telefonaktiebolaget LM Ericsson

  • Zenitel

For more information about this report, visit https://www.researchandmarkets.com/r/lrslf7

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