Wireless Broadband in Public Safety Market Forecast: A Bright Future Ahead
The world is experiencing an unprecedented wave of wireless broadband expansion, reshaping the way people connect, work, and live. A recent report highlights the driving forces behind this growth, along with its advantages, challenges, and the promising outlook for underserved areas.
Rapid Adoption Driven by Mobility and Mobile Connectivity
One of the primary drivers of the global wireless broadband boom is the increased use of mobile phones. According to the Mobile Economy Report 2019, approximately 5.2 billion people, or 67 percent of the global population, are mobile service subscribers. Cisco predicts that by 2023, more than 70% of the world’s population will enjoy mobile connectivity, with approximately 71% of the global population as mobile subscribers.
Advantages Galore: The Power of Wireless Broadband
Wireless broadband offers a myriad of benefits, including:
- Mobility: Access the Internet from anywhere.
- Connectivity for Multiple Devices: From phones and tablets to smartwatches and smart home appliances, multiple users can connect and perform various tasks simultaneously.
- High-Speed Connectivity: With speeds ranging from 1 Mbps to a whopping 100 Mbps, it’s blazing fast.
- Reliability: Always-on connectivity ensures you’re never disconnected.
- VoIP and Messaging: Internet calls, video calls, and a plethora of messaging apps allow seamless communication.
- Flexible Schedules: Multiple users can connect to the same line simultaneously.
- Affordable Installation: The cost of installation is more accessible than ever.
Rural Areas and Next-Generation Technologies Offer Promise
The advancement of next-generation technology is crucial, especially in a post-pandemic world where remote work and relocation to rural areas have become prevalent. Access to reliable broadband internet is essential for the economic potential of rural communities. According to a survey, 67 percent of employees consider internet availability in their decision to relocate, emphasizing the importance of broadband for rural economies and public safety.
Challenges to Address: Security and Data Demand
While wireless broadband brings immense benefits, it’s not without its challenges:
- Security: Ensuring data security remains a priority, as security breaches can compromise sensitive information.
- Signal Strength: Wireless signal strength can weaken through obstacles, weather conditions, or distance from the router.
- Data Demand: The surge in data demand, especially with 5G, presents challenges for network infrastructure.
The wireless broadband market is set to grow significantly, with a preliminary estimate suggesting a CAGR of ~25-30%. Key players in this evolving landscape include Airbus DS Communications, AT&T Inc., Ericsson AB, Harris Corporation, Huawei Technologies Co., Ltd., Motorola Solutions, Inc., Nokia, Tait Ltd., Verizon Communications Inc., and ZTE Corporation.
Wireless broadband is not just a technology; it’s a transformative force driving connectivity, economic growth, and innovation across the globe. As the world becomes increasingly interconnected, the future of wireless broadband promises to unlock new opportunities, bridge the digital divide, and redefine the way we live and work.
Global Industry Analysis (2018 – 2021) – Growth Trends and Market Forecast (2022 – 2029) https://www.fairfieldmarketresearch.com/report/wireless-broadband-in-public-safety-market
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This press release first seen on Brilad