Report : Asia Pacific Public Safety and Government Agencies Mission-Critical Communication (MCX) Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Component (Hardware, Software, and Services), and Technology [Land Mobile Radio (LMR), Long-Term Evolution (LTE), and Wi-Fi Mesh]

The Hardware Segment to Dominate Asia Pacific Public Safety and Government Agencies Mission Critical Communication (MCX) Market during 2021-2028

According to a new market research study on “Asia Pacific public safety and government agencies mission critical communication (MCX) Market to 2028 – COVID-19 Impact and Regional Analysis and Forecast – by Component, Technology and Country,” is expected to reach US$ 2,415.11 million by 2028 from US$ 1,410.27 million in 2021. The market is estimated to grow at a CAGR of 8.0% from 2021 to 2028. The report provides trends prevailing in the Asia Pacific public safety and government agencies mission critical communication (MCX) market along with the drivers and restraints pertaining to the market growth. Surging need for trustworthy network during emergencies and various government agencies demanding better communication system are major factors driving the growth of the Asia Pacific public safety and government agencies mission critical communication (MCX) market. However, deficit in spectrum bandwidth may hinder the growth of Asia Pacific public safety and government agencies mission critical communication (MCX) market.

After the emergence in China, the COVID-19 has affected several neighboring countries, such as India, South Korea, and Japan. China and India are the most prominent manufacturing hubs in the region and have an enhanced focus on industrialization. The imposition of a ban on commercial activities has disrupted the industrial supply chains in the region, leading to raw material shortages. The COVID-19 that emerged in China has affected several neighboring countries such as India, South Korea, and Japan. China and India are the most prominent manufacturing hub in the region and have an enhanced focus on industrialization. The imposition of a ban on commercial activities has disrupted the industrial supply chains in the Asia Pacific region, leading to raw material shortages. To meet their communication needs, critical communication firms in this region have begun implementing advanced communication solutions and services such as network service and management, protection and control communications, wide-area optical transport networks, hydropower line communications, and innovative grid communications. This adoption is allowing critical applications to have a high level of service availability. The Asia Pacific region's enormous development potential provides significant growth prospects for mission-critical communication market participants in the area. Moreover, companies in the Asia Pacific have restructured their capabilities by adopting various strategies such as product enhancements, partnerships, and acquisitions. This will in turn foster the development of the market amid COVID conditions.

The market for Asia Pacific public safety and government agencies mission critical communication (MCX) is segmented into component, technology, and country. Based on component, the market is segmented into hardware, software, and services. In 2020, the hardware segment held the largest share in Asia Pacific public safety and government agencies mission critical communication (MCX) market. Based on technology, the Asia Pacific public safety and government agencies mission critical communication (MCX) market is divided into land mobile radio (LMR), long-term evolution (LTE), and WiFi mesh. The WiFi mesh segment is expected to be the fastest growing segment over the forecast period. Based on country, the Asia Pacific public safety and government agencies mission critical communication (MCX) market is divided into Australia, China, India, Japan, South Korea and rest of Asia Pacific. In 2020, China held the largest share in Asia Pacific public safety and government agencies mission critical communication (MCX) market. Furthermore, in this present scenario of COVID 19 pandemic, the Asia Pacific public safety and government agencies mission critical communication (MCX) market has been facing difficulties and several countries have suffered heavily. The manufacturing sectors in the Asia Pacific countries have been experiencing low production and a weak supply chain. Thereby, impacting the market for public safety and government agencies mission critical communication (MCX).

Ascom Holding AG (Ascom); Globalstar.; Inmarsat Global Limited; Iridium Communications Inc.; SES S.A; Telesat; Thuraya Telecommunications Company; AT&T Inc.; nbn co ltd. and SPACEX are some of the leading companies in the Asia Pacific public safety and government agencies mission critical communication (MCX) market. The companies are focused on adopting organic growth strategies such as product launches and expansions to sustain their position in the dynamic market.

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