PUBLISHER: QYResearch | PRODUCT CODE: 1052791
PUBLISHER: QYResearch | PRODUCT CODE: 1052791
Land mobile wireless systems are communication systems used by local, tribal, federal, state, territorial emergency responders, public companies, and even the military for backing voice and low-speed data communications. These systems consist of a network, mobile radios, handheld portable radios, wireless base stations, and repeaters. These systems are classified into two major technologies, such as digital and analog, which are used across transportation, military, commercial, construction, and utility applications.
The rapidly growing significance of efficient mission-critical communication operations; and increasing demand for land mobile wireless systems in military, defense, and transportation applications drive the market growth. In addition, growth in demand for inexpensive, reliable, and better quality land mobile wireless systems and change over time from conventional, analog voice service (e.g., two-way communications) to complex systems incorporating digital features fuel the growth of the market. However, security issues associated with theft & alteration of mission-critical information and high cost for construction or building of land mobile wireless system restrict the market. Requirement of voice encryption for secure communication presents a major opportunity for the market.
Market Analysis and Insights: Global Land Mobile Wireless Systems Market
The global Land Mobile Wireless Systems market size is projected to reach US$ 29750 million by 2028, from US$ 19560 million in 2021, at a CAGR of 6.1% during 2022-2028.
Fully considering the economic change by this health crisis, Hand Portable accounting for % of the Land Mobile Wireless Systems global market in 2021, is projected to value US$ million by 2028, growing at a revised % CAGR in the post-COVID-19 period. While Commercial segment is altered to an % CAGR throughout this forecast period.
China Land Mobile Wireless Systems market size is valued at US$ million in 2021, while the North America and Europe Land Mobile Wireless Systems are US$ million and US$ million, severally. The proportion of the North America is % in 2021, while China and Europe are % and % respectively, and it is predicted that China proportion will reach % in 2028, trailing a CAGR of % through the analysis period. Japan, South Korea, and Southeast Asia are noteworthy markets in Asia, with CAGR %, %, and % respectively for the next 6-year period. As for the Europe Land Mobile Wireless Systems landscape, Germany is projected to reach US$ million by 2028 trailing a CAGR of % over the forecast period.
With industry-standard accuracy in analysis and high data integrity, the report makes a brilliant attempt to unveil key opportunities available in the global Land Mobile Wireless Systems market to help players in achieving a strong market position. Buyers of the report can access verified and reliable market forecasts, including those for the overall size of the global Land Mobile Wireless Systems market in terms of revenue.
Overall, the report proves to be an effective tool that players can use to gain a competitive edge over their competitors and ensure lasting success in the global Land Mobile Wireless Systems market. All of the findings, data, and information provided in the report are validated and revalidated with the help of trustworthy sources. The analysts who have authored the report took a unique and industry-best research and analysis approach for an in-depth study of the global Land Mobile Wireless Systems market.
Global Land Mobile Wireless Systems Scope and Market Size
Land Mobile Wireless Systems market is segmented by players, region (country), by Type and by Application. Players, stakeholders, and other participants in the global Land Mobile Wireless Systems market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast by Type and by Application for the period 2017-2028.
Segment by Type
Segment by Application
By Company
By Region