Friday 3 May 2024

Unlocking Growth Potential: Market Analysis Reveals Surge in Public Safety Building Wireless DAS System Market

 
Overview and Scope
The public safety in-building wireless DAS system is associated with the DAS antenna network that transmits and receives signals on a carrier's authorized frequencies, and the DAS system is connected to the building via a series of fiber optic cable networks. It is used to enhance the quality of voice and data connections between users.

Sizing and Forecast
The public safety in building wireless das system market size has grown exponentially in recent years. It will grow from $4.91  billion in 2023 to $6.2  billion in 2024 at a compound annual growth rate (CAGR) of 26.5%.  The  growth in the historic period can be attributed to regulatory mandates, increasing awareness of public safety needs, urbanization and infrastructure development, emergency response improvements, regulatory compliance and standards..

The public safety in building wireless das system market size is expected to see exponential growth in the next few years. It will grow to $16.3  billion in 2028 at a compound annual growth rate (CAGR) of 27.3%.  The growth in the forecast period can be attributed to government initiatives and funding, demand for indoor location services, increased connectivity needs, demand for energy-efficient solutions, workplace safety standards.. Major trends in the forecast period include integration of multiband and multitechnology das, growing adoption of first responder networks, technological advancements in das, transition to 5g networks, continued investment in critical infrastructure..

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Segmentation & Regional Insights
The public safety in building wireless das system market covered in this report is segmented –

1) By Type: Antennas, Cabling, Das Headend and Remote Unit, Repeater
2) By Service: Professional Services, Managed Services
3) By Business Model: Carrier, Enterprise, Host
4) By Application: Office Buildings, Education Institutes, Malls and Retail, Healthcare, Transportation, Religious Complex, Hospitality

North America was the largest region in the public safety wireless DAS system market in 2023. The regions covered in the public safety in building wireless das system market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

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Major Driver Impacting Market Growth
The increasing development of smart cities is driving the demand for public safety in the wireless DAS system market going forward. Smart cities refer to a developed city that uses information technology and excels in several critical areas, including economics, mobility, environment, people, quality of life, and government. As technology advances, distributed antenna systems (DAS) are becoming a more crucial component of buildings as more people desire to stream, download, and share, especially in smart cities. For instance, in June 2022, according to the data published by the Ministry of Housing and Urban Affairs, an India-based federal ministry with executive authority over the regulations relating to housing and urban development in India, out of 5,151 smart city projects, 1,290 projects had been completed in India; the number of projects completed rose to 3,997 in 2022. However, in July 2021, according to the statistics published by Pareteum Corporation, a US-based, software, and IT services company, by 2026 smart cities in the US are estimated to have a positive economic impact of 20 trillion dollars. Therefore, the increasing development of smart cities will drive the growth of the public safety in-building wireless DAS system market.

Key Industry Players
Major companies operating in the public safety in building wireless das system market report are Alcatel-Lucent SA, AT&T Inc., Commscope Inc., Telefonaktiebolaget LM Ericsson, Verizon Communications Inc., Anixter International Inc., Cobham Limited, Corning Incorporated, TE Connectivity Limited, Harris Communications, Nokia Corporation, Belkin International, Cisco Systems Inc., Belden Incorporated, Nexans SA, Amphenol Corporation, SOLiD Technologies LLC, Advanced RF Technologies Inc., John Mezzalingua Associates LLC, HUBER+SUHNER AG, Viavi Solutions Inc., Westell Technologies Inc., Honeywell International Inc., PCTEL Inc., Galtronics Corporation Ltd., Zinwave Limited, SOLiD Technologies LLC, dB Engineering LLC, Boingo Wireless Inc., Baicells Technologies Co. Ltd., Trilogy Communications Ltd., Ethertronics Inc., Dali Wireless Inc.

The public safety in building wireless das system market report table of contents includes:
1. Executive Summary
2. Market Characteristics
3. Market Trends And Strategies
4. Impact Of COVID-19
5. Market Size And Growth
6. Segmentation
7. Regional And Country Analysis
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27. Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis


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