Market Research Report
ITS Radio Modem
|Published by||Global Industry Analysts, Inc.||Product code||908856|
|Published||Content info||113 Pages
Delivery time: 1-2 business days
|ITS Radio Modem|
|Published: October 1, 2019||Content info: 113 Pages||
ITS Radio Modem market worldwide is projected to grow by US$102.7 Billion, driven by a compounded growth of 8.6%. License Free, one of the segments analyzed and sized in this study, displays the potential to grow at over 9.2%. The shifting dynamics supporting this growth makes it critical for businesses in this space to keep abreast of the changing pulse of the market. Poised to reach over US$99.4 Billion by the year 2025, License Free will bring in healthy gains adding significant momentum to global growth.
Representing the developed world, the United States will maintain a 9.8% growth momentum. Within Europe, which continues to remain an important element in the world economy, Germany will add over US$4.6 Billion to the region's size and clout in the next 5 to 6 years. Over US$4.8 Billion worth of projected demand in the region will come from Rest of Europe markets. In Japan, License Free will reach a market size of US$8.4 Billion by the close of the analysis period. As the world's second largest economy and the new game changer in global markets, China exhibits the potential to grow at 8.2% over the next couple of years and add approximately US$17.5 Billion in terms of addressable opportunity for the picking by aspiring businesses and their astute leaders. Presented in visually rich graphics are these and many more need-to-know quantitative data important in ensuring quality of strategy decisions, be it entry into new markets or allocation of resources within a portfolio. Several macroeconomic factors and internal market forces will shape growth and development of demand patterns in emerging countries in Asia-Pacific. All research viewpoints presented are based on validated engagements from influencers in the market, whose opinions supersede all other research methodologies.
Competitors identified in this market include, among others, Adeunis; Advantech B+B SmartWorx; Arada Systems; Atim Radiocommunications; Autotalks, Ltd.; Campbell Scientific Inc.; Cohda Wireless Pty Ltd.; Commsignia Ltd. ; Encom Wireless; Harris Corporation; Intuicom, Inc.; Kapsch TrafficCom AG; Motorola Solutions, Inc.; Pro4 Wireless AB; Q-Free ASA; SATEL Oy; Savari, Inc.; Schneider Electric SA; Simrex Corporation