South America 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: 113
Report Code: BMIRE00025789
Category: Electronics and Semiconductor
South America Mission Critical Communication Market
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The mission critical communication market in South America is expected to grow from US$ 614.00 million in 2022 to US$ 813.46 million by 2028; it is estimated to grow at a CAGR of 4.8% from 2022 to 2028.

 

Traditionally, mission critical communication systems were in use to communicate only general information and commands in public safety and government agencies, transportation infrastructure, and energy & utility sectors. With the integration of advanced technologies, including IoT, biometrics, and drone technology, the efficiency of mission critical communication systems has increased considerably. The modern MCX systems aid in advanced information communications with the help of video analytics and sensors. Countries in SAM are leveraging the changing perspective of mission critical communications. Moreover, high-capacity radio, 5G-supported radio, software-defined networking, automation, virtualization, network slicing, proximity communication, and positioning are capable of prioritizing communication and ensuring secure data transfer for boosting mission critical communications. Features such as video streaming, exchange of real-time information, solutions to evolve existing LMR networks to advanced LTE/5G networks, identifying threats with artificial intelligence, deploying cloud solutions for remote operations, public networks with mission-critical enhancement, development of LTE coupled with existing technology like Wi-Fi and new radio access technologies including 5G NR and narrowband Io are coming into picture which are projected to propel the scope of mission critical communication

 

 

 

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

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

 

 

 

 

South America Mission Critical Communication Market Segmentation

 

The South America 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 South America 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 South America 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 South America mission critical communication market, based on country, is segmented into Brazil, Argentina, and the rest of South America. In 2022, Brazil dominated the market.

 

 

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

South America Mission Critical Communication Market Strategic Insights

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South America Mission Critical Communication Market Segmentation Analysis

South America Mission Critical Communication Market Report Highlights

South America Mission Critical Communication Report Scope

Report Attribute Details
Market size in 2022 US$ 614.00 Million
Market Size by 2028 US$ 813.46 Million
CAGR (2022 - 2028) 4.8%
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 South and Central America
  • Brazil
  • Argentina
  • Rest of South and Central America
Market leaders and key company profiles
  • Huawei Technologies Co. Ltd.
  • Hytera Communication Corporation Limited
  • Motorola Solutions, Inc.
  • Nokia Corporation
  • Tassta GmbH
  • Telefonaktiebolaget LM Ericsson
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South America Mission Critical Communication Market Country and Regional Insights

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The List of Companies - South America Mission Critical Communication Market

  1. Huawei Technologies Co. Ltd.
  2. Hytera Communication Corporation Limited
  3. Motorola Solutions, Inc.
  4. Nokia Corporation
  5. Tassta GmbH
  6. Telefonaktiebolaget LM Ericsson
Frequently Asked Questions
How big is the South America Mission Critical Communication Market?

The South America Mission Critical Communication Market is valued at US$ 614.00 Million in 2022, it is projected to reach US$ 813.46 Million by 2028.

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

As per our report South America Mission Critical Communication Market, the market size is valued at US$ 614.00 Million in 2022, projecting it to reach US$ 813.46 Million by 2028. This translates to a CAGR of approximately 4.8% during the forecast period.

What segments are covered in this report?

The South America 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 South America 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 South America Mission Critical Communication Market report:

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

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

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

    The South America 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 South America Mission Critical Communication Market value chain can benefit from the information contained in a comprehensive market report.

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