According to a market report by Lucintel, the future of the global walkie talkie market looks promising with opportunities in the residential and commercial markets. The global walkie talkie market is expected to reach an estimated $5 billion by 2030 from $3 billion in 2024 at a CAGR of 7.8% from 2024 to 2030. The major drivers for this market are broad use of the equipment for public safety by government organizations, growing popularity of digital radios on building sites, as well as, security organizations from a variety of industries frequently utilize walkie talkies to ensure the safety of commercial facilities.
A more
than 150-page report to understand trends, opportunity and forecast in global walkie
talkie market to 2030 by distribution channel (offline channel and online
channel), product type (analog and digital), end use (residential, commercial,
and others), and region (North America, Europe, Asia Pacific, and the Rest of
the World).
Lucintel
forecasts that, within the product type category, analog will remain a larger
segment over the forecast period because the analog walkie talkies are less
expensive than digital walkie talkies, which drives the sales among customers
such as event management, large hotels and resorts, and others.
Download
sample by clicking on walkie talkie market.
In terms
of regions, North America will remain the largest region over the forecast
period due to early adoption of digital transformation, growing acceptance of
modern communication technologies, along with the region growing construction
activity and the swift growth of multiple sectors.
Motorola
Solutions, Icom America, Hytera, Sepura, Tait Communications, Yaesu, Entel,
Uniden, Kirisun Communications, Quansheng are the major suppliers in the walkie talkie market.
This unique research
report will enable you to make confident business decisions in this globally
competitive marketplace. For a detailed table of contents, contact Lucintel at
+1-972-636-5056 or write us at helpdesk@lucintel.com. To get access of more than 1000 reports at fraction of cost
visit Lucintel's Analytics
Dashboard.
About Lucintel
At Lucintel, we offer solutions for
you growth through game changer ideas and robust market &
unmet needs analysis. We are based in
Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20
years. We are quoted in several publications like the Wall Street Journal,
ZACKS, and the Financial Times.
Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: roy.almaguer@lucintel.com
Tel. +1-972-636-5056
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