Global Critical Communication Market to Reach $33.3 Billion by 2030
The global market for Critical Communication estimated at US$19.8 Billion in the year 2022, is projected to reach a revised size of US$33.3 Billion by 2030, growing at a CAGR of 6.7% over the analysis period 2022-2030. Defense & Public Safety, one of the segments analyzed in the report, is projected to record 6.7% CAGR and reach US$20.9 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Transportation segment is readjusted to a revised 7.1% CAGR for the next 8-year period.The U.S. Market is Estimated at $6 Billion, While China is Forecast to Grow at 6.4% CAGR
The Critical Communication market in the U.S. is estimated at US$6 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$5.8 Billion by the year 2030 trailing a CAGR of 6.4% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 6.1% and 5.5% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 5.5% CAGR.Select Competitors (Total 16 Featured) -
- Ascom (Holding) AG
- AT&T, Inc.
- Cobham Wireless
- Ericsson AB
- Harris Corporation
- Huawei Technologies Co., Ltd.
- Hytera Communications Corporation Ltd.
- Inmarsat plc
- Leonardo Company, S.p.A
- Mentura Group Oy
- Motorola Mobility LLC
- Nokia Corporation
- Telstra Corporation Ltd.
- Zenitel Group
- ZTE Corporation
What's New?
- Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
- Global competitiveness and key competitor percentage market shares
- Market presence across multiple geographies - Strong/Active/Niche/Trivial
- Online interactive peer-to-peer collaborative bespoke updates
- Access to digital archives and Research Platform
- Complimentary updates for one year
Table of Contents
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Ascom (Holding) AG
- AT&T, Inc.
- Cobham Wireless
- Ericsson AB
- Harris Corporation
- Huawei Technologies Co., Ltd.
- Hytera Communications Corporation Ltd.
- Inmarsat plc
- Leonardo Company, S.p.A
- Mentura Group Oy
- Motorola Mobility LLC
- Nokia Corporation
- Telstra Corporation Ltd.
- Zenitel Group
- ZTE Corporation
Table Information
Report Attribute | Details |
---|---|
No. of Pages | 231 |
Published | April 2024 |
Forecast Period | 2022 - 2030 |
Estimated Market Value ( USD | $ 19.8 Billion |
Forecasted Market Value ( USD | $ 33.3 Billion |
Compound Annual Growth Rate | 6.7% |
Regions Covered | Global |