According to a market report by Lucintel, the future of the global digital mobile radio market looks promising with opportunities in the aerospace & defense, commercial, transportation, oil & gas, mining, automotive, and industrial markets. The global digital mobile radio market is expected to reach an estimated $9 billion by 2030 from $6 billion in 2024 at a CAGR of 7.4% from 2024 to 2030. The major drivers for this market are growing importance of optimizing critical communication operations for public safety responders, increase in the occurrence of crime, terrorism, and natural disasters, and rising demand for upgradation of radio communication infrastructure.
A more
than 150-page report to understand trends, opportunity and forecast in global digital
mobile radio market to 2030 by frequency (25 to 174 MHz, 200 to 512 MHz, and
more than 700 MHz), tier [tier 1 (unlicensed), tier 2, and tier 3], product
type (hand portable and in-vehicle), end use industry (aerospace & defense,
commercial, transportation, oil & gas, mining, automotive, industrial, and
others), and region (North America, Europe, Asia Pacific, and the Rest of the
World).
Lucintel
forecasts that more than 700 MHz is expected to witness highest growth over the
forecast period .
Within
this market, commercial will remain the largest segment.
North
America is expected to witness highest growth over the forecast period.
Download
sample by clicking on digital mobile
radio market.
Mcs
Digital, L3Harris Technology, BK Technologies, Leonardo, Simoco Wireless
Solutions, Thales Group, Tait Communications, Raytheon Technologies
Corporation, Motorola Solutions, Hytera Communications are the major suppliers
in the digital mobile radio
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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