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LTE & 5G for Critical Communications Market Share

Report ID: GMI9989
Published Date: Jun 2024
Report Format: PDF

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LTE & 5G for Critical Communications Market Share

Nokia and Huawei hold a significant market share of over 16% in the LTE & 5G for critical communications industry. These companies has introduced cutting-edge software toolkits that enable telecom companies to provide premium 5G services, improving network performance and dependability necessary for vital communications. Additionally, Ericsson's large R&D expenditures and business alliances have strengthened its position in the deployment of reliable 5G networks designed for emergency services and public safety. Similarly, Nokia stands out for offering a wide range of essential communication solutions, such as broadband and Mission-critical Push-to-talk (MCPTT) systems designed specifically for public safety organizations.

LTE & 5G for Critical Communications Market Companies

Major players operating in the LTE & 5G for critical communications industry are:

Airbus
AT&T
Ericsson
Huawei
Hytera
Motorola Solutions
Nokia
Samsung Electronics
Sepura
Verizon

Authors: Preeti Wadhwani

Frequently Asked Questions (FAQ) :

The market size for LTE & 5G for critical communications was valued at USD 7.9 billion in 2023 and is estimated to register over 12% CAGR between 2024 & 2032 owing to the advancements in network infrastructure.

The LTE segment in the LTE & 5G for critical communications market is projected to exceed USD 12 billion by 2032 due to the robust, secure, and cost-effective communication necessary for mission-critical applications.

North America market registered over 36% share in 2023 owing to increasing expenditure in cutting-edge communication infrastructure and major government projects.

Airbus, AT&T, Ericsson, Huawei, Hytera, Motorola Solutions, Nokia, Samsung Electronics, Sepura, and Verizon