PUBLISHER: Lucintel | PRODUCT CODE: 1387005
PUBLISHER: Lucintel | PRODUCT CODE: 1387005
Wireless Data Radio Modem Trends and Forecast
The future of the global wireless data radio modem market looks promising with opportunities in the general-purpose data modem and UAV drone data modem markets. The global wireless data radio modem market is expected to reach an estimated $0.92 billion by 2030 with a CAGR of 4.0% from 2024 to 2030. The major drivers for this market are increasing adoptionof wireless radio modems in agricultural drones and growing application of wireless data radio modem in surveillance, aerial photography, and rescue operations.
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Wireless Data Radio Modem by Segment
The study includes a forecast for the global wireless data radio modem by product, operating range, and region.
Wireless Data Radio Modem Market by Product [Shipment Analysis by Value from 2018 to 2030]:
Wireless Data Radio Modem Market by Operating Range [Shipment Analysis by Value from 2018 to 2030]:
Wireless Data Radio Modem Market by Region [Shipment Analysis by Value from 2018 to 2030]:
List of Wireless Data Radio Modem Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies wireless data radio modem companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the wireless data radio modem companies profiled in this report include-
Wireless Data Radio Modem Market Insights
Lucintel forecasts that long range will remain the larger segment over the forecast period as it provides extended line-of-sight (LOS) coverage.
Within this market, general-purpose data modem will remain the larger segment due to rising need for low infrastructure for facilitating communication and allowing the delivery of data in cost effective way.
APAC is expected to witness highest growth over the forecast period due to growth of industrialization.
Features of the Global Wireless Data Radio Modem Market
Market Size Estimates: Wireless data radio modem market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Wireless data radio modem market size by product, operating range, and region in terms of value ($B).
Regional Analysis: Wireless data radio modem market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different products, operating ranges, and regions for the wireless data radio modem market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the wireless data radio modem market.
Analysis of competitive intensity of the industry based on Porter's Five Forces model.
FAQ
Q.1 What is the wireless data radio modem market size?
Answer: The global wireless data radio modem market is expected to reach an estimated $0.92 billion by 2030.
Q.2 What is the growth forecast for wireless data radio modem market?
Answer: The global wireless data radio modem market is expected to grow with a CAGR of 4.0% from 2024 to 2030.
Q.3 What are the major drivers influencing the growth of the wireless data radio modem market?
Answer: The major drivers for this market are increasing adoptionof wireless radio modems in agricultural drones and growing application of wireless data radio modem in surveillance, aerial photography, and rescue operations.
Q4. What are the major segments for wireless data radio modem market?
Answer: The future of the wireless data radio modem market looks promising with opportunities in the general-purpose data modem and UAV drone data modem markets.
Q5. Who are the key wireless data radio modem market companies?
Answer: Some of the key wireless data radio modem companies are as follows:
Q6. Which wireless data radio modem market segment will be the largest in future?
Answer: Lucintel forecasts that long range will remain the larger segment over the forecast period as it provides extended line-of-sight (LOS) coverage.
Q7. In wireless data radio modem market, which region is expected to be the largest in next 5 years?
Answer: APAC is expected to witness highest growth over the forecast period due to growth of industrialization.
Q.8 Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.