Europe Mission Critical Communication Market Forecast to 2028

Europe Mission Critical Communication Market Forecast to 2028 - COVID-19 Impact and Regional 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)

Report Code : BMIRE00025777 | Region : Europe | Industry : Electronics and Semiconductor | Published Date : 07/Sep/2022

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, the 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.

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

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 players in the Europe mission critical communication market are 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; and Zenitel.

At 9.1% CAGR, the Europe mission critical communication market is speculated to be worth US$ 10,391.36 million by 2028, says The Insight Partners

According to The Insight Partners’ research, the Europe mission critical communication market was valued at US$ 6,154.55 million in 2022 and is expected to reach US$ 10,391.36 million by 2028, registering an annual growth rate of 9.1% from 2022 to 2028. The rise in adoption of mission critical communication systems from energy & utility sector and rising military expenditure are the critical factors attributed to the market expansion.

Oil and gas production facilities and energy transmission lines are frequently located in isolated and hostile areas. Accidents or shutdowns can cause disastrous consequences. Power outages, gas and water shortage, and accidents at oil and gas extraction facilities disrupt routine operations, which can be economically harmful for the company, potentially dangerous to people and environment, and damaging to the brand position. Therefore, identification of any issue is critical, and a remedy is put in place as soon as feasible. Many widely dispersed facilities with electrical substations, energy distribution pylons, reservoirs, pumping stations, clean water and wastewater treatment plants, pipelines, and storage tanks are operated by power distribution and water corporations around the country. For example, offshore facilities, including wind farms and oil and gas rigs, and land-based oil and gas extraction sites are generally located in distant, sparsely populated areas with weak or nonexistent cellular coverage. These factors propel the adoption of mission critical communications systems from the energy & utility sector. Instant push-to-talk (PTT) is provided by modern digital communications solutions, such as Hytera's Digital Mobile Radio (DMR) and TETRA two-way radio portfolios, which allow people to make instant calls to another person or a group of people from anywhere, at any time. These technologies can also transport data for crucial distant asset monitoring and connect with other systems, such as telephone networks, to build a comprehensive unified communications platform. Thus, the above-mentioned factors drive the mission critical communication market growth.

On the contrary, deployment problems of public safety LTE networks hurdles the growth of Europe mission critical communication market.

Based on component, the Europe mission critical communication market is classified into hardware, software, and services. The hardware segment held 45.3% market share in 2022, amassing US$ 2,789.51 million. It is projected to garner US$ 4,427.67 million by 2028 to expand at 8.0% CAGR during 2022–2028.

Based on hardware, the mission critical communication market is further categorized into command and control center, router and gateways, and distribution management system. The distribution management system segment held 43.8% market share in 2022, amassing US$ 1,221.79 million. It is projected to garner US$ 1,952.60 million by 2028 to expand at 8.1% CAGR during 2022–2028.

Based on technology, the Europe mission critical communication market is classified into land mobile radio (LMR) and long-term evolution. With 50.5% share of the domain, the land mobile radio (LMR) segment dominated the market in 2022. It accrued US$ 3,108.97 million in 2022 and is estimated to generate US$ 4,323.62 million by 2028 to grow at a CAGR of 5.7% over the forecast period.

Based on vertical, the Europe mission critical communication market is segmented into public safety and government agencies, transportation, energy and utilities, mining, and others. With 34.0% share of the domain, the public safety and government agencies segment dominated the market in 2022. It accrued US$ 2,092.94 million in 2022 and is estimated to generate US$ 3,622.06 million by 2028 to grow at a CAGR of 9.6% over the forecast period.

The Europe mission critical communication market, based on country, is segmented into Germany, France, Italy, the UK, Russia, and the rest of Europe. Our regional analysis states that Germany captured 33.9% market share in 2022. It was assessed at US$ 2,085.55 million in 2022 and is likely to hit US$ 3,336.67 million by 2028, exhibiting a CAGR of 8.1% during the forecast period.

Key players dominating the Europe mission critical communication market are 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; and Zenitel among others.

TABLE OF CONTENTS

1. Introduction

1.1 Study Scope

1.2 The Insight Partners Research Report Guidance

1.3 Market Segmentation

2. Key Takeaways

3. Research Methodology

3.1 Coverage

3.2 Secondary Research

3.3 Primary Research

4. Europe Mission Critical Communication Market Landscape

4.1 Market Overview

4.2 PEST Analysis

4.2.1 Europe

4.3 Ecosystem Analysis

4.4 Expert Opinions

5. Europe Mission Critical Communication Market – Key Market Dynamics

5.1 Market Drivers

5.1.1 Rise in Adoption of Mission Critical Communication Systems from Energy & Utility Sector

5.1.2 Increase in Investments in New Product Initiative by Players

5.2 Market Restraints

5.2.1 Deployment Problems of Public Safety LTE Networks

5.3 Market Opportunities

5.3.1 Rising Military Expenditure

5.4 Future Trends

5.4.1 Integration of Advanced Technologies to Enhance Mission Critical Communication Solution Efficiency

5.5 Impact Analysis of Drivers and Restraints

6. Mission Critical Communication Market – Europe Analysis

6.1 Europe Mission Critical Communication Market Overview

6.2 Europe Mission Critical Communication Market Revenue Forecast and Analysis

7. Europe Mission Critical Communication Market Analysis – by Component

7.1 Overview

7.2 Hardware

7.2.1 Overview

7.2.2 Hardware: Europe Mission Critical Communication Market – Revenue and Forecast to 2028 (US$ Million)

7.2.2.1 Command and Control Center

7.2.2.1.1 Command and Control Center: Europe Mission Critical Communication Market – Revenue and Forecast to 2028 (US$ Million)

7.2.2.2 Router and Gateways

7.2.2.2.1 Router and Gateways: Europe Mission Critical Communication Market – Revenue and Forecast to 2028 (US$ Million)

7.2.2.3 Distribution Management System

7.2.2.3.1 Distribution Management System: Europe Mission Critical Communication Market – Revenue and Forecast to 2028 (US$ Million)

7.3 Software

7.3.1 Overview

7.3.2 Software: Europe Mission Critical Communication Market – Revenue and Forecast to 2028 (US$ Million)

7.4 Services

7.4.1 Overview

7.4.2 Services: Europe Mission Critical Communication Market – Revenue and Forecast to 2028 (US$ Million)

8. Europe Mission Critical Communication Market Analysis – by Technology

8.1 Overview

8.2 Land Mobile Radio (LMR)

8.2.1 Overview

8.2.2 Land Mobile Radio (LMR): Europe Mission Critical Communication Market – Revenue and Forecast to 2028 (US$ Million)

8.3 Long-Term Evolution

8.3.1 Overview

8.3.2 Long-Term Evolution: Europe Mission Critical Communication Market – Revenue and Forecast to 2028 (US$ Million)

9. Europe Mission Critical Communication Market Analysis – by Vertical

9.1 Overview

9.2 Public Safety and Government Agencies

9.2.1 Overview

9.2.2 Public Safety and Government Agencies: Europe Mission Critical Communication Market – Revenue and Forecast to 2028 (US$ Million)

9.3 Transportation

9.3.1 Overview

9.3.2 Transportation: Europe Mission Critical Communication Market – Revenue and Forecast to 2028 (US$ Million)

9.4 Energy and Utilities

9.4.1 Overview

9.4.2 Energy and Utilities: Europe Mission Critical Communication Market – Revenue and Forecast to 2028 (US$ Million)

9.5 Mining

9.5.1 Overview

9.5.2 Mining: Europe Mission Critical Communication Market – Revenue and Forecast to 2028 (US$ Million)

9.6 Others

9.6.1 Overview

9.6.2 Others: Europe Mission Critical Communication Market – Revenue and Forecast to 2028 (US$ Million)

10. Europe Mission Critical Communication Market – Country Analysis

10.1 Overview

10.1.1 Europe: Mission Critical Communication Market, by Key Country

10.1.1.1 Germany: Mission Critical Communication Market – Revenue and Forecast to 2028 (US$ Million)

10.1.1.1.1 Germany: Mission Critical Communication Market, by Component

10.1.1.1.2 Germany: Mission Critical Communication Market, by Technology

10.1.1.1.3 Germany: Mission Critical Communication Market, by Vertical

10.1.1.2 France: Mission Critical Communication Market – Revenue and Forecast to 2028 (US$ Million)

10.1.1.2.1 France: Mission Critical Communication Market, by Component

10.1.1.2.2 France: Mission Critical Communication Market, by Technology

10.1.1.2.3 France: Mission Critical Communication Market, by Vertical

10.1.1.3 Italy: Mission Critical Communication Market – Revenue and Forecast to 2028 (US$ Million)

10.1.1.3.1 Italy: Mission Critical Communication Market, by Component

10.1.1.3.2 Italy: Mission Critical Communication Market, by Technology

10.1.1.3.3 Italy: Mission Critical Communication Market, by Vertical

10.1.1.4 UK: Mission Critical Communication Market – Revenue and Forecast to 2028 (US$ Million)

10.1.1.4.1 UK: Mission Critical Communication Market, by Component

10.1.1.4.2 UK: Mission Critical Communication Market, by Technology

10.1.1.4.3 UK: Mission Critical Communication Market, by Vertical

10.1.1.5 Russia: Mission Critical Communication Market – Revenue and Forecast to 2028 (US$ Million)

10.1.1.5.1 Russia: Mission Critical Communication Market, by Component

10.1.1.5.2 Russia: Mission Critical Communication Market, by Technology

10.1.1.5.3 Russia: Mission Critical Communication Market, by Vertical

10.1.1.6 Rest of Europe: Mission Critical Communication Market – Revenue and Forecast to 2028 (US$ Million)

10.1.1.6.1 Rest of Europe: Mission Critical Communication Market, by Component

10.1.1.6.2 Rest of Europe: Mission Critical Communication Market, by Technology

10.1.1.6.3 Rest of Europe: Mission Critical Communication Market, by Vertical

11. Industry Landscape

11.1 Overview

11.2 Market Initiative

11.3 New Product Development

12. Company Profiles

12.1 Ascom Holding AG (Ascom)

12.1.1 Key Facts

12.1.2 Business Description

12.1.3 Products and Services

12.1.4 Financial Overview

12.1.5 SWOT Analysis

12.1.6 Key Developments

12.2 Hytera Communications Corporation Ltd

12.2.1 Key Facts

12.2.2 Business Description

12.2.3 Products and Services

12.2.4 Financial Overview

12.2.5 SWOT Analysis

12.2.6 Key Developments

12.3 Huawei Technologies Co., Ltd.

12.3.1 Key Facts

12.3.2 Business Description

12.3.3 Products and Services

12.3.4 Financial Overview

12.3.5 SWOT Analysis

12.3.6 Key Developments

12.4 L3Harris Technologies, Inc.

12.4.1 Key Facts

12.4.2 Business Description

12.4.3 Products and Services

12.4.4 Financial Overview

12.4.5 SWOT Analysis

12.4.6 Key Developments

12.5 Motorola Solutions Inc.

12.5.1 Key Facts

12.5.2 Business Description

12.5.3 Products and Services

12.5.4 Financial Overview

12.5.5 SWOT Analysis

12.5.6 Key Developments

12.6 Mentura Group Oy

12.6.1 Key Facts

12.6.2 Business Description

12.6.3 Products and Services

12.6.4 Financial Overview

12.6.5 SWOT Analysis

12.6.6 Key Developments

12.7 Nokia Corporation

12.7.1 Key Facts

12.7.2 Business Description

12.7.3 Products and Services

12.7.4 Financial Overview

12.7.5 SWOT Analysis

12.7.6 Key Developments

12.8 Telefonaktiebolaget LM Ericsson

12.8.1 Key Facts

12.8.2 Business Description

12.8.3 Products and Services

12.8.4 Financial Overview

12.8.5 SWOT Analysis

12.8.6 Key Developments

12.9 TASSTA GmbH

12.9.1 Key Facts

12.9.2 Business Description

12.9.3 Products and Services

12.9.4 Financial Overview

12.9.5 SWOT Analysis

12.9.6 Key Developments

12.10 Zenitel

12.10.1 Key Facts

12.10.2 Business Description

12.10.3 Products and Services

12.10.4 Financial Overview

12.10.5 SWOT Analysis

12.10.6 Key Developments

13. Appendix

13.1 About The Insight Partners

13.2 Word Index

LIST OF TABLES.

Table 1. Europe Mission Critical Communication Market Revenue and Forecast to 2028 (US$ Million)

Table 2. Germany: Mission Critical Communication Market, by Component– Revenue and Forecast to 2028 (US$ Million)

Table 3. Germany: Mission Critical Communication Market, by Technology– Revenue and Forecast to 2028 (US$ Million)

Table 4. Germany: Mission Critical Communication Market, by Vertical– Revenue and Forecast to 2028 (US$ Million)

Table 5. France: Mission Critical Communication Market, by Component– Revenue and Forecast to 2028 (US$ Million)

Table 6. France: Mission Critical Communication Market, by Technology– Revenue and Forecast to 2028 (US$ Million)

Table 7. France: Mission Critical Communication Market, by Vertical– Revenue and Forecast to 2028 (US$ Million)

Table 8. Italy: Mission Critical Communication Market, by Component– Revenue and Forecast to 2028 (US$ Million)

Table 9. Italy: Mission Critical Communication Market, by Technology– Revenue and Forecast to 2028 (US$ Million)

Table 10. Italy: Mission Critical Communication Market, by Vertical– Revenue and Forecast to 2028 (US$ Million)

Table 11. UK: Mission Critical Communication Market, by Component– Revenue and Forecast to 2028 (US$ Million)

Table 12. UK: Mission Critical Communication Market, by Technology– Revenue and Forecast to 2028 (US$ Million)

Table 13. UK: Mission Critical Communication Market, by Vertical– Revenue and Forecast to 2028 (US$ Million)

Table 14. Russia: Mission Critical Communication Market, by Component– Revenue and Forecast to 2028 (US$ Million)

Table 15. Russia: Mission Critical Communication Market, by Technology– Revenue and Forecast to 2028 (US$ Million)

Table 16. Russia: Mission Critical Communication Market, by Vertical– Revenue and Forecast to 2028 (US$ Million)

Table 17. Rest of Europe: Mission Critical Communication Market, by Component– Revenue and Forecast to 2028 (US$ Million)

Table 18. Rest of Europe: Mission Critical Communication Market, by Technology– Revenue and Forecast to 2028 (US$ Million)

Table 19. Rest of Europe: Mission Critical Communication Market, by Vertical– Revenue and Forecast to 2028 (US$ Million)

Table 20. List of Abbreviation

LIST OF FIGURES.

Figure 1. Europe Mission Critical Communication Market Segmentation

Figure 2. Europe Mission Critical Communication Market Segmentation – By Country

Figure 3. Europe Mission Critical Communication Market Overview

Figure 4. Europe Mission Critical Communication Market, by Component

Figure 5. Europe Mission Critical Communication Market, by Technology

Figure 6. Europe Mission Critical Communication Market, by Vertical

Figure 7. Europe Mission Critical Communication Market, by Country

Figure 8. Europe – PEST Analysis

Figure 9. Europe Mission Critical Communication Market- Ecosystem Analysis

Figure 10. Expert Opinions

Figure 11. Europe Mission Critical Communication Market: Impact Analysis of Drivers and Restraints

Figure 12. Europe Mission Critical Communication Market Revenue Forecast and Analysis (US$ Million)

Figure 13. Europe Mission Critical Communication Market Revenue Share, by Component (2021 and 2028)

Figure 14. Hardware: Europe Mission Critical Communication Market – Revenue and Forecast to 2028 (US$ Million)

Figure 15. Command and Control Center: Europe Mission Critical Communication Market – Revenue and Forecast to 2028 (US$ Million)

Figure 16. Router and Gateways: Europe Mission Critical Communication Market – Revenue and Forecast to 2028 (US$ Million)

Figure 17. Distribution Management System: Europe Mission Critical Communication Market – Revenue and Forecast to 2028 (US$ Million)

Figure 18. Software: Europe Mission Critical Communication Market – Revenue and Forecast to 2028 (US$ Million)

Figure 19. Services: Europe Mission Critical Communication Market – Revenue and Forecast to 2028 (US$ Million)

Figure 20. Europe Mission Critical Communication Market Revenue Share, by Technology (2021 and 2028)

Figure 21. Land Mobile Radio (LMR): Europe Mission Critical Communication Market – Revenue and Forecast to 2028 (US$ Million)

Figure 22. Long-Term Evolution: Europe Mission Critical Communication Market – Revenue and Forecast to 2028 (US$ Million)

Figure 23. Europe Mission Critical Communication Market Revenue Share, by Vertical (2021 and 2028)

Figure 24. Public Safety and Government Agencies: Europe Mission Critical Communication Market – Revenue and Forecast to 2028 (US$ Million)

Figure 25. Transportation: Europe Mission Critical Communication Market – Revenue and Forecast to 2028 (US$ Million)

Figure 26. Energy and Utilities: Europe Mission Critical Communication Market – Revenue and Forecast to 2028 (US$ Million)

Figure 27. Mining: Europe Mission Critical Communication Market – Revenue and Forecast to 2028 (US$ Million)

Figure 28. Others: Europe Mission Critical Communication Market – Revenue and Forecast to 2028 (US$ Million)

Figure 29. Europe: Mission Critical Communication Market, by key Country – Revenue (2021) (US$ Million)

Figure 30. Europe: Mission Critical Communication Market Revenue Share, by Key Country (2021 and 2028)

Figure 31. Germany: Mission Critical Communication Market – Revenue and Forecast to 2028 (US$ Million)

Figure 32. France: Mission Critical Communication Market – Revenue and Forecast to 2028 (US$ Million)

Figure 33. Italy: Mission Critical Communication Market – Revenue and Forecast to 2028 (US$ Million)

Figure 34. UK: Mission Critical Communication Market – Revenue and Forecast to 2028 (US$ Million)

Figure 35. Russia: Mission Critical Communication Market – Revenue and Forecast to 2028 (US$ Million)

Figure 36. Rest of Europe: Mission Critical Communication Market – Revenue and Forecast to 2028 (US$ Million)

The List of Companies - Europe Mission Critical Communication Market

● 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

● Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the Europe Mission Critical Communication Market.

● Highlights key business priorities in order to assist companies to realign their business strategies

● The key findings and recommendations highlight crucial progressive industry trends in the Europe Mission Critical Communication Market, thereby allowing players across the value chain to develop effective long-term strategies

● Develop/modify business expansion plans by using substantial growth offering developed and emerging markets

● Scrutinize in-depth Europe market trends and outlook coupled with the factors driving the Mission Critical Communication Market, as well as those hindering it

● Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing and distribution

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