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Public Safety LTE Market to Grow 298% Annually Through 2015ROCKVILLE, MD, Nov 15, 2011 (MARKETWIRE via COMTEX) -- MarketResearch.com has announced the addition of the new report "Public Safety LTE: Contracts, Revenue, Market Share, Subscriptions and Forecasts by Vendor, Country and Spectrum Database: 2011 - 2015," to their collection of Business Services & Administration market reports. For more information, visit http://www.marketresearch.com/Signals-and-Systems-Telecom-v3882/Public-Safety-LTE-Contracts-Revenue-6641140/ The year 2011 has seen a huge surge in demand for public safety LTE technology. This has resulted in a number of key deployments within the U.S. including the City of Charlotte, Mississippi and Adams County. Recent international trials such as the Brazilian Army and Motorola Solutions' LTE trial in Brasilia have also raised awareness among the international community. Recent events such as the exclusion of Chinese vendor Huawei to participate in the U.S. public safety market will in the short term, lead to increasing prices for public safety LTE infrastructure due to the lack of competition. However, in the long term, as international LTE deployments gain momentum deployment costs are likely to be reduced, as vendors such as Huawei drive up competition by aggressive bidding. Furthermore it is expected in the long term that a majority of public safety agencies, both internationally and in the U.S., may opt for delivering services over public LTE deployments such as the Verizon Wireless and AT & T wireless LTE systems driven by the success of secure networking technologies such as Mobile Virtual Private Networking (MVPN). This database and its associated summary report examine the public safety LTE market in view of current contracts and vendor market positioning. The report estimates that the public safety LTE market is likely to reach revenues of USD 240 million by the end of Q4 2011, primarily driven by the increasing number of public safety LTE infrastructure deployments and integration services which will account for almost 80% of the overall revenue. Between 2011 and 2015, the public safety LTE market is expected to experience a CAGR of over 298% to reach USD 720 million, driven by the increasing demand for data intensive public safety applications such as end-to-end mobile video, with Motorola Solutions, Alcatel-Lucent and Raytheon leading the market share estimates. A major proportion of the revenue is likely to come from user device sales and managed services accounting for almost 60% of the revenue, with an estimated 15% market share coming from infrastructure costs. Infrastructure investments for public safety LTE will reduce due to a combined effect of CAPEX reduction due to economies of scale and infrastructure sharing with commercial operator network deployments, which will further improve the financial feasibility of LTE adoption by public safety agencies. As a consequence, it is estimated that by 2015, public safety LTE data devices will be in use by over 4.2 million public safety professionals across the globe, spanning 36 countries and 15 different spectrum bands. http://www.marketresearch.com/Signals-and-Systems-Telecom-v3882/Public-Safety-LTE-Contracts-Revenue-6641140/ About MarketResearch.com MarketResearch.com is the leading provider of global market intelligence products and services. With over 300,000 research reports from more than 700 top consulting and advisory firms, MarketResearch.com offers instant online access to the world's most extensive database of expert insights on global industries, companies, products, and trends. For more information, call Veronica Franco at 240-747-3016 or visit www.MarketResearch.com. Contact: Veronica Franco MarketResearch.com Email Contact 240.747.3016 SOURCE: MarketResearch.com http://www2.marketwire.com/mw/emailprcntct?id=C236433BEC8528D7 |