Europe Mission Critical Communication Market to Surpass $10.3 Billion by 2028 at a CAGR of 9.1%
Thursday, December 1, 2022
DUBLIN, Nov. 23, 2022 /PRNewswire/ -- The "Europe Mission Critical Communication Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Component, Technology and Vertical" report has been added to ResearchAndMarkets.com's offering.
https://mma.prnewswire.com/media/539438/Research_and_Markets_Logo.jpg
The mission critical communication market in Europe is expected to grow from US$ 6,154.55 million in 2022 to US$ 10,391.36 million by 2028; it is estimated to grow at a CAGR of 9.1% from 2022 to 2028.
Rapid transformations in modern warfare have been urging governments of European countries to allocate high amounts to respective military forces. Such budget allocations enable military forces to develop robust indigenous technologies, and procure advanced vehicles and other equipment, including communication systems, from international manufacturers. The adoption of advanced and effective communication systems is peaking among most military forces to keep them mission ready.
To modernize and create an effective communication network across war fields, defense ministries are investing substantial amounts in newer technologies, including mission critical communication systems.
For instance, in August 2021, Motorola Solutions received a contract worth US$ 82.3 million from German Navy to supply new mission critical communication networks for 16 naval vessels and other training platforms. Thus, an urge rise in military expenditure for the procurement of mission critical communication systems is expected to create lucrative opportunities for the market players during the forecast period.
Market Dynamics
Market Drivers
-- Rise in Adoption of Mission Critical Communication Systems from Energy &
Utility Sector
-- Increase in Investments in New Product Initiative by Players
Market Restraints
-- Deployment Problems of Public Safety LTE Networks
Market Opportunities
-- Rising Military Expenditure
Future Trends
-- Integration of Advanced Technologies to Enhance Mission Critical
Communication Solution Efficiency
Europe Mission Critical Communication Market Segmentation
The Europe mission critical communication market is segmented on the basis of component, technology, vertical, and country.
-- Based on component, the market is segmented into hardware, software, and
services. In 2022, the hardware segment is estimated to dominate the
market. The market for mission critical communication hardware is
further segmented into command and control centers, routers and
gateways, and distribution management systems. In 2022, the distribution
management system segment is expected to dominate the market for
hardware.
-- Based on technology, the Europe mission critical communication market is
categorized into land mobile radio (LMR) and long-term evolution. In
2022, the long-term evolution segment is likely to lead the market.
Based on vertical, the Europe mission critical communication market is segmented into public safety and government agencies, transportation, energy and utilities, mining, and others. In 2022, the public safety and government agencies segment is expected to dominate the market. The Europe mission critical communication market, based on country, is segmented into Germany, France, Italy, the UK, Russia, and rest of Europe. In 2022, Germany dominated the market.
Key Topics Covered:
1. Introduction
2. Key Takeaways
3. Research Methodology
4. Europe Mission Critical Communication Market Landscape
5. Europe Mission Critical Communication Market - Key Market Dynamics
6. Mission Critical Communication Market - Europe Analysis
7. Europe Mission Critical Communication Market Analysis - by Component
8. Europe Mission Critical Communication Market Analysis - by Technology
9. Europe Mission Critical Communication Market Analysis - by Vertical
10. Europe Mission Critical Communication 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
-- Tassta GmbH
-- Telefonaktiebolaget LM Ericsson
-- Zenitel
For more information about this report visit https://www.researchandmarkets.com/r/nd4zbe
Media Contact:
Research and Markets
Laura Wood, Senior Manager
press@researchandmarkets.com
For E.S.T Office Hours Call +1-917-300-0470
For U.S./CAN Toll Free Call +1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716
Logo: https://mma.prnewswire.com/media/539438/Research_and_Markets_Logo.jpg
View original content:https://www.prnewswire.com/news-releases/europe-mission-critical-communication-market-to-surpass-10-3-billion-by-2028-at-a-cagr-of-9-1-301686213.html
SOURCE Research and Markets
|
|
|
|
|
 |
Energy Toolbase Launches Energy Storage Partnership with Sungrow to Support PowerStack 255CS and PowerTitan 2.0 | Jan 22, 2026
|
|
Einride and IonQ Partnership Uses Quantum Computing to Optimize the Logistics of Electric and Autonomous Freight | Jan 22, 2026
|
|
RS now offers Phoenix Contact's pioneering new NearFi technology | Jan 22, 2026
|
|
SCAILIUM Debuts "AI Production Layer" to Overcome GPU Starvation and Slash AI Energy Waste | Jan 22, 2026
|
|
MetaOptics to Showcase Five Breakthrough Metalens-Powered Products at CES 2026 | Jan 22, 2026
|
|
No Assembly Required: Barrett Distribution Centers Powers Maxwood Furniture's West Coast DTC Expansion | Jan 22, 2026
|
|
Quantum Art Raises $100 Million in Series A Round to Drive Scalable, Multi-Core Quantum Computing | Jan 22, 2026
|
|
TESSAN to Redefine Global Mobility at CES 2026 with '100 Travelers' Initiative and Flagship Voyager 205 | Jan 22, 2026
|
|
Hesai Recognized as the Only Lidar Company on Morgan Stanley's "Humanoid Tech 25" of Global Robotics Leaders | Jan 22, 2026
|
|
1inch Named Exclusive Swap Provider at Launch for Ledger Multisig | Jan 22, 2026
|
|
|
