Asia Pacific Mission Critical Communication Market

Historic Data: 2020-2021   |   Base Year: 2022   |   Forecast Period: 2023-2028

Analysis By Component (Hardware, Software, and Services), Technology [Land Mobile Radio (LMR) and Long-Term Evolution (LTE)], and Vertical (Public Safety and Government Agencies, Transportation, Energy and Utilities, Mining, and Others) 


No. of Pages: 145    |    Report Code: BMIRE00025774    |    Category: Electronics and Semiconductor

Asia Pacific Mission Critical Communication Market
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The mission critical communication market in Asia Pacific is expected to grow from US$ 3,894.55 million in 2022 to US$ 6,951.60 million by 2028; it is estimated to grow at a CAGR of 10.1% from 2022 to 2028.

 

Companies operating in the mission critical communication market in Asia Pacific have increased their investments in the development of new and advanced systems and solutions, in response to the growing demands across end-use industries such as public safety and government, transportation, energy & utilities, mining, and defense. Motorola Solutions, Inc.; Nokia; Thales Group; Ericson; and Hytera Communication Corp Ltd are among the key players operating in the market. In March 2019, Motorola Solutions introduced the MiT5000, a new digital convenience radio for Japan. The device provides great sound and functionality for a wide range of professional needs in industries such as hospitality, manufacturing, construction, logistics, and security. The MiT5000 has high-quality, easy-to-hear audio and a volume slider that filters out background noise automatically. In August 2020, Hytera Communication Corp Ltd launched a carrier-integrated mission critical version of its Push-to-Talk over Cellular (PoC) broadband solution. Hytera HyTalk MC, which is an end-to-end solution for mission- and business-critical communications, supports 3GPP Mission Critical Push-to-Talk (MCPTT), Mission Critical Data (MCData), and Mission Critical Video (MCVideo) services. Thus, a rise in investments by manufacturers in new product developments is propelling the growth of the mission critical communication market in Asia Pacific.

 

  Asia Pacific Mission Critical Communication Market Revenue and Forecast to 2028 (US$ Million)

  Asia Pacific Mission Critical Communication Market Revenue and Forecast to 2028 (US$ Million)
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Asia Pacific Mission Critical Communication Strategic Insights

Strategic insights for the Asia Pacific Mission Critical Communication provides data-driven analysis of the industry landscape, including current trends, key players, and regional nuances. These insights offer actionable recommendations, enabling readers to differentiate themselves from competitors by identifying untapped segments or developing unique value propositions. Leveraging data analytics, these insights help industry players anticipate the market shifts, whether investors, manufacturers, or other stakeholders. A future-oriented perspective is essential, helping stakeholders anticipate market shifts and position themselves for long-term success in this dynamic region. Ultimately, effective strategic insights empower readers to make informed decisions that drive profitability and achieve their business objectives within the market.

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Asia Pacific Mission Critical Communication Report Scope

Report Attribute Details
Market size in 2022 US$ 3,894.55 Million
Market Size by 2028 US$ 6,951.60 Million
Global CAGR (2022 - 2028) 10.1%
Historical Data 2020-2021
Forecast period 2023-2028
Segments Covered By Component
  • Hardware
  • Software
  • Services
By Technology
  • Land Mobile Radio
  • Long-Term Evolution
By Vertical
  • Public Safety and Government Agencies
  • Transportation
  • Energy and Utilities
  • Mining
Regions and Countries Covered Asia-Pacific
  • China
  • India
  • Japan
  • Australia
  • Rest of Asia-Pacific
Market leaders and key company profiles
  • Ascom
  • Huawei Technologies Co. Ltd.
  • Hytera Communication Corporation Limited
  • L3Harris Technologies, Inc.
  • Motorola Solutions, Inc.
  • Nokia Corporation
  • Tassta GmbH
  • Telefonaktiebolaget LM Ericsson
  • Zenitel
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    Asia Pacific Mission Critical Communication Regional Insights

    The geographic scope of the Asia Pacific Mission Critical Communication refers to the specific areas in which a business operates and competes. Understanding local distinctions, such as diverse consumer preferences (e.g., demand for specific plug types or battery backup durations), varying economic conditions, and regulatory environments, is crucial for tailoring strategies to specific markets. Businesses can expand their reach by identifying underserved areas or adapting their offerings to meet local demands. A clear market focus allows for more effective resource allocation, targeted marketing campaigns, and better positioning against local competitors, ultimately driving growth in those targeted areas.

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    Asia Pacific Mission Critical Communication Market Segmentation     

     

    The Asia Pacific 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 Asia Pacific 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 Asia Pacific 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 Asia Pacific mission critical communication market, based on country, is segmented into Australia, China, India, Japan, South Korea, and rest of Asia Pacific. In 2022, China dominated the market.

     

    Key players dominating the Asia Pacific mission critical communication market are  Ascom; Huawei Technologies Co. Ltd.; Hytera Communication Corporation Limited; L3Harris Technologies, Inc.; Motorola Solutions, Inc.; Nokia Corporation; Tassta GmbH; Telefonaktiebolaget LM Ericsson; and Zenitel.

    The List of Companies - Asia Pacific Mission Critical Communication Market

    1. Ascom
    2. Huawei Technologies Co. Ltd.
    3. Hytera Communication Corporation Limited
    4. L3Harris Technologies, Inc.
    5. Motorola Solutions, Inc.
    6. Nokia Corporation
    7. Tassta GmbH
    8. Telefonaktiebolaget LM Ericsson
    9. Zenitel
    Frequently Asked Questions
    How big is the Asia Pacific Mission Critical Communication Market?

    The Asia Pacific Mission Critical Communication Market is valued at US$ 3,894.55 Million in 2022, it is projected to reach US$ 6,951.60 Million by 2028.

    What is the CAGR for Asia Pacific Mission Critical Communication Market by (2022 - 2028)?

    As per our report Asia Pacific Mission Critical Communication Market, the market size is valued at US$ 3,894.55 Million in 2022, projecting it to reach US$ 6,951.60 Million by 2028. This translates to a CAGR of approximately 10.1% during the forecast period.

    What segments are covered in this report?

    The Asia Pacific Mission Critical Communication Market report typically cover these key segments-

    • Component (Hardware, Software, Services)
    • Technology (Land Mobile Radio, Long-Term Evolution)
    • Vertical (Public Safety and Government Agencies, Transportation, Energy and Utilities, Mining)

    What is the historic period, base year, and forecast period taken for Asia Pacific Mission Critical Communication Market?

    The historic period, base year, and forecast period can vary slightly depending on the specific market research report. However, for the Asia Pacific Mission Critical Communication Market report:

  • Historic Period : 2020-2021
  • Base Year : 2022
  • Forecast Period : 2023-2028
  • Who are the major players in Asia Pacific Mission Critical Communication Market?

    The Asia Pacific Mission Critical Communication Market is populated by several key players, each contributing to its growth and innovation. Some of the major players include:

  • Ascom
  • Huawei Technologies Co. Ltd.
  • Hytera Communication Corporation Limited
  • L3Harris Technologies, Inc.
  • Motorola Solutions, Inc.
  • Nokia Corporation
  • Tassta GmbH
  • Telefonaktiebolaget LM Ericsson
  • Zenitel
  • Who should buy this report?

    The Asia Pacific Mission Critical Communication Market report is valuable for diverse stakeholders, including:

    • Investors: Provides insights for investment decisions pertaining to market growth, companies, or industry insights. Helps assess market attractiveness and potential returns.
    • Industry Players: Offers competitive intelligence, market sizing, and trend analysis to inform strategic planning, product development, and sales strategies.
    • Suppliers and Manufacturers: Helps understand market demand for components, materials, and services related to concerned industry.
    • Researchers and Consultants: Provides data and analysis for academic research, consulting projects, and market studies.
    • Financial Institutions: Helps assess risks and opportunities associated with financing or investing in the concerned market.

    Essentially, anyone involved in or considering involvement in the Asia Pacific Mission Critical Communication Market value chain can benefit from the information contained in a comprehensive market report.

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