According to the World Economic Forum, there will be 2,666 active satellites circling the Earth in 2020, with 1,007 satellites only used for communication services, 446 for earth observation, and 97 for navigation/GPS reasons. Satellite communication is a type of modern telecommunications in which man-made satellites act as communication routes between various locations on the planet. Satellite communications are critical for business continuity and catastrophe management in many industries, including oil and gas, IoT, healthcare, government, maritime, mining, and others. Furthermore, satellite communications have several commercial, governmental, and military applications. As a result, the importance of audio critical communication is more than ever.
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Data Bridge Market Research analyses that the Global Audio Critical Communication Market is expected to reach USD 15,914.20 million by 2029 from USD 9,124.86 million in 2021, growing with the substantial CAGR of 7.20% in the forecast period of 2022 to 2029. The demand for public safety and security is increasing globally, due to factors such as terrorism, natural disasters, and other threats. This is driving the demand for audio critical communication systems, which are used to communicate during emergencies and other critical situations.
Growing adoption of digital technologies is expected to drive the market's growth rate
Digital technologies are being increasingly adopted by businesses and organizations, which is driving the demand for audio critical communication systems. These systems can be used to communicate over digital networks, which provides a more reliable and secure way to communicate during emergencies. Governments around the world are increasingly introducing regulations that require businesses and organizations to have audio critical communication systems in place. This is driving the demand for these systems, as businesses and organizations need to comply with these regulations.
Report Scope and Market Segmentation
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Report Metric
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Details
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Forecast Period
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2022 to 2029
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Base Year
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2021
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Historic Years
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2020 (Customizable to 2014- 2019)
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Quantitative Units
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Revenue in USD Million, Volumes in Units, Pricing in USD
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Segments Covered
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Product Type (Hardware and Services), Connectivity (Wireless and Wired), End-Use (Public Safety, Transportation, Mining, Utilities and Others)
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Countries Covered
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U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America
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Market Players Covered
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Motorola Solutions, Inc. (U.S.), L3Harris Technologies, Inc. (U.S.), Hytera Communications Corporation Limited (China), EFJohnson Technologies (U.S.), Leonardo S.p.A. (Italy), Zenitel Group (Norway), Flottweg SE (Germany), Telstra (Australia), Ascom Holding AG (Switzerland), Nokia (Finland), Mentura Group Oy (Finland), Tait Communications (New Zealand), Secure Land Communications (Airbus / S.L.C.) (Belgium), Simoco Wireless Solutions (U.K.), Telefonaktiebolaget LM Ericsson (Sweden), Huawei Technologies Co., Ltd (China)
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Data Points Covered in the Report
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In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, geographically represented company-wise production and capacity, network layouts of distributors and partners, detailed and updated price trend analysis and deficit analysis of supply chain and demand.
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Segment Analysis:
The global audio critical communication market is segmented into three notable segments based on product type, connectivity, and end-use.
- On the basis of product type, global audio critical communication market has been segmented into hardware, and services.
Hardware segment is expected to dominate the global audio critical communication market
The hardware segment is expected to dominate the global audio critical communication market segment with a 62.0% share due to the satellites that are used for communication services alone and 446 are used for earth observation and 97 for navigation/ GPS purposes.
- On the basis of connectivity, the global audio critical communication market has been segmented into wired, and wireless. Wireless segment is expected to dominate the global audio critical communication market segment with a 68.06% share due to wireless communication signals travel through the air and can be intercepted.
- On the basis of end-use, global audio critical communication market has been segmented into public safety, transportation, utilities, mining, and others.
Public safety segment is expected to dominate the global audio critical communication market
The public safety segment is expected to dominate the global audio critical communication market segment with a 42.14% share due to data communications to enhance situational awareness, safety and productivity for the military and public safety.
Major Players
Data Bridge Market Research recognizes the following companies as the major market players: Motorola Solutions, Inc. (U.S.), L3Harris Technologies, Inc. (U.S.), Hytera Communications Corporation Limited (China), EFJohnson Technologies (U.S.), Leonardo S.p.A. (Italy), Zenitel Group (Norway), Flottweg SE (Germany), Telstra (Australia), Ascom Holding AG (Switzerland), Nokia (Finland), Mentura Group Oy (Finland), Tait Communications (New Zealand), Secure Land Communications (Airbus / S.L.C.) (Belgium), Simoco Wireless Solutions (U.K.), Telefonaktiebolaget LM Ericsson (Sweden), Huawei Technologies Co., Ltd (China).
Market Development
- In 2022, Motorola Solutions, Inc. released the MXP7000, an all-in-one mission-critical communications portable device, in June. The TETRA and 4G LTE voice and data connectivity on this gadget improved situational awareness, security, and productivity for the military and public safety. This company gained the trust of its clients by providing cutting-edge products.
- In 2021, L3Harris Technologies, Inc. released essential communications products XL Extreme 400 P25 Radio in June. This radio set's endurance was a vital feature because it was designed specifically to withstand the most stringent standards ever imposed on handheld radios. This company improved its market share and gained the trust of its customers.
- In 2020, Hytera Communications Corporation Limited announced a carrier-integrated mission-critical version of its Push-to-Talk over Cellular (PoC) broadband solution in. The major feature of this system was its end-to-end support for 3GPP Mission-Critical Push-to-Talk (MCPTT), Mission-Critical Data (MCData), and Mission-Critical Video (MCVideo) services for mission. This corporation expanded its market and market share.
Regional Analysis
Geographically, the countries covered in the market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
As per Data Bridge Market Research analysis:
North America is the dominant region in the audio critical communication market during the forecast period 2022-2029
North America is the largest market for audio critical communication. The United States and Canada have a high level of public safety and security spending. The region is a major adopter of digital technologies, which is driving the demand for audio critical communication systems that can communicate over digital networks.
Asia-Pacific is estimated to be the fastest-growing region in the audio critical communication market in the forecast period 2022-2029
Asia-Pacific is the fastest growing market for audio critical communication. The region is experiencing rapid economic growth, which is driving the demand for public safety and security solutions. The region is home to a number of emerging economies, such as China and India, which are investing heavily in public safety and security.
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