Asia Pacific Mission Critical Communication (MCX) Market By End-User Forecast (2018-2025)

Year CHINA INDIA JAPAN REST OF ASIA PACIFIC
2018 $ 1.27 $ 0.61 $ 0.85 $ 0.44
2019 $ 1.37 $ 0.67 $ 0.91 $ 0.47
2020 $ 1.49 $ 0.73 $ 0.98 $ 0.5
2021 $ 1.63 $ 0.81 $ 1.07 $ 0.55
2022 $ 1.79 $ 0.9 $ 1.18 $ 0.6
2023 $ 2.0 $ 1.01 $ 1.31 $ 0.66
2024 $ 2.26 $ 1.15 $ 1.47 $ 0.74
2025 $ 2.58 $ 1.32 $ 1.67 $ 0.84
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Asia Pacific Mission Critical Communication (MCX) Market By End-User Forecast (2018-2025)

Synopsis
The above chart is Global Mission Critical Communication (MCX) market [2018-2025] Asia Pacific by End-User

Market Dynamics

China accounted for the largest market share in 2018 in the asia pacific mission critical communication (mcx) market, and is expected to reach usd 2.58 million in 2025 from usd 1.27 million in 2018. however, india is the fastest growing market, which is expected to grow at a cagr of 11.97% during the forecast period 2019 - 2025. hardware segment accounted for the largest market share in 2018, this market is expected to reach usd 3.21 million in 2025 from usd 1.78 million in 2018. this market is projected to grow at a cagr of 9.23% during the forecast period from 2019 - 2025. however, service segment is the fastest growing market, which is expected to grow at a cagr of 13.48% during the forecast period 2019 - 2025. land mobile radio lmr segment accounted for the larger market share in 2018, this market is expected to reach usd 3.76 million in 2025 from usd 2.48 million in 2018. this market is projected to grow at a cagr of 6.34% during the forecast period from 2019 - 2025. however, long term evolution lte segment is the fastest growing market, which is expected to grow at a cagr of 21.52% during the forecast period 2019 - 2025. public safety and government agencies segment accounted for the largest market share in 2018, this market is expected to reach usd 3.06 million in 2025 from usd 1.51 million in 2018. this market is projected to grow at a cagr of 11.07% during the forecast period from 2019 - 2025. however, transportation segment is the fastest growing market, which is expected to grow at a cagr of 12.25% during the forecast period 2019 - 2025.

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