Wearable Digital Walkie-Talkie Market, By Application (General Consumer (Personal Activity, Store Activity, Tourism Activity, Commercial Activity and Training Activity) and Public Institution (Military Use and Law Enforcement)) and by Region (North America, Latin America, Europe, Asia Pacific, Middle East and Africa) - Size, Share, Outlook, and Opportunity Analysis, 2022 - 2028
A walkie-talkie is a hand-held, portable, two-way radio transceiver, which is equipped with a microphone and speaker. A wearable digital walkie-talkie is a compact, battery-operated, and wearable transmitting and receiving communication device. It is used for various applications including personal activity, commercial activity, store activity, training activity, tourism activity, military, and law enforcement. The global wearable digital walkie-talkie market focuses on five regions namely North America, Latin America, Europe, Asia Pacific, and Middle East & Africa.
Market Dynamics
Rising disposable income and global consumer expenditure is the major factor boosting the demand for digital walkie-talkies. Furthermore, growing population, especially in emerging economies such as Asia Pacific is expected to drive growth of the global wearable digital walkie-talkie market during the forecast period. Consumer electronics industry across the globe, especially in emerging economies such as India and China is expanding rapidly. According to the India Brand Equity Foundation (IBEF), the Indian appliance and consumer electronics market was valued at US$ 10.93 billion in 2021 and is expected to reach US$ 21.18 billion by 2028. Evolution of consumer preference for connected devices is boosting the demand for the wearable digital walkie-talkie. Hence, these factors are expected to hinder the global wearable digital walkie-talkie market growth in the near future.
Market Taxonomy
This report segments the Wearable Digital Walkie-Talkie Market on the basis of Application and Region. On the basis of Application, Wearable Digital Walkie-Talkie Market is segmented into General Consumer (Personal Activity, Store Activity, Tourism Activity, Commercial Activity and Training Activity) and Public Institution (Military Use and Law Enforcement On the basis of region, Wearable Digital Walkie-Talkie Market is segmented into North America, Latin America, Europe, Asia pacific, Middle East and Africa.
Key features of the study:
This report provides an in-depth analysis of the Wearable Digital Walkie-Talkie Market and provides market size (US$ Million) and compound annual growth rate (CAGR %) for the forecast period (2022-2028), considering 2021 as the base year
It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrix for this market
This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, regional outlook, and competitive strategy adopted by leading players
It profiles leading players in the Wearable Digital Walkie-Talkie Market based on the following parameters – regulatory landscape, company overview, financial performance, product portfolio, geographical presence, distribution strategies, key developments and strategies, and future plans
Key companies covered in the Wearable Digital Walkie-Talkie Market includes AWIRE Technology Corp., STARNEX Co., Ltd., Theatro, and OrionLabs, Inc.
These key market players are focusing on collaboration strategy with other market leaders to innovate and launch new products to meet the increasing needs and requirements of consumers.
Insights from this report would allow marketers and management authorities of companies to make informed decision regarding future product launches, technology up gradation, market expansion, and marketing tactics
The Wearable Digital Walkie-Talkie market report caters to various stakeholders in this industry including investors, suppliers, distributors, new entrants, and financial analysts
Stakeholders would have ease in decision-making through the various strategy matrices used in analyzing the Wearable Digital Walkie-Talkie Market
Detailed Segmentation:
Wearable Digital Walkie-Talkie Market, By Application:
General Consumer
Personal Activity
Store Activity
Tourism Activity
Commercial Activity
Training Activity
Public Institution
Military Use
Law Enforcement
Wearable Digital Walkie-Talkie Market, By Region:
North America
Latin America
Europe
Asia Pacific
Middle East and Africa
Company Profiles
AWIRE Technology Corp.
Company Overview
Product Portfolio
Financial Performance
Key Strategies
Recent Developments
Future Plans
STARNEX Co., Ltd.
Theatro
OrionLabs, Inc.
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