Global Digital Mobile Radio Market Report and Forecast 2024-2032
Global Digital Mobile Radio Market Report and Forecast 2024-2032
Market Outlook
According to the report by Expert Market Research (EMR), the global digital mobile radio market reached a value of nearly USD 6.00 billion in 2023. The market is projected to grow at a CAGR of 8.9% between 2024 and 2032. Aided by the integration of TDMA technology and the demand for improved communication systems, the market is projected to reach a value of nearly 13.30 billion by 2032.
Digital mobile radios (DMRs) are a category of digital radio systems that are used for communication purposes, primarily designed to replace analogue two-way radio systems. Operating within the radio spectrum, DMRs provide improved features over their analogue counterparts, including better voice quality, increased range, and enhanced security features. The wide applications of DMR in various sectors, including public safety, security, transportation, and manufacturing, for efficient and reliable communication are aiding the digital mobile radio market growth.
Digital mobile radios, leveraging Time Division Multiple Access (TDMA) technology, offer dual-channel operations within a single frequency band, significantly enhancing spectral efficiency and user capacity. This technological prowess, combined with features such as GPS integration, text messaging, and data capabilities, positions DMR as a versatile communication solution catering to modern demands.
The growth of the global digital mobile radio market is underpinned by several pivotal factors. Firstly, the escalating demand for efficient and reliable communication systems in critical sectors such as public safety and emergency services has been a significant growth catalyst. In these high-stakes environments, the clarity, reliability, and security offered by DMR systems are not just advantageous but essential.
Secondly, the transportation and logistics sector has emerged as a substantial market for DMR technology. In the face of increasing logistic complexities and the need for real-time communication, DMR provides an effective solution to streamline operations and enhance coordination.
Furthermore, the utilities sector, encompassing electricity, water, and gas services, relies heavily on DMR for network management and field operation communications. The technology's reliability and the ability to operate in challenging environments make it ideal for this critical infrastructure, propelling the digital mobile radio market expansion.
Another factor aiding the digital mobile radio market development is the ongoing digital transformation across various industries. As businesses and public services strive for operational efficiency and enhanced service delivery, digital mobile radios offer a scalable and secure communication platform. This digital shift is not merely a trend but a fundamental change in how organisations communicate and operate.
Market Segmentation
The market can be divided based on tier, product type, frequency, end use, and region.
Market Breakup by Tier
- Tier 1 (Unlicensed)
- Tier 2
- Tier 3
Market Breakup by Product Type
Market Breakup by Frequency
- 25 To 174 MHz
- 175 to 550 MHz
- More than 550 MHz
Market Breakup by End Use
- Public Safety
- Military And Defence
- Transportation
- Oil And Gas
- Mining
- Utility
- Others
Market Breakup by Region
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East and Africa
Competitive Landscape
The EMR report looks into the market shares, plant turnarounds, capacities, investments, and mergers and acquisitions, among other major developments, of the leading companies operating in the global digital mobile radio market. Some of the major players explored in the report by Expert Market Research are as follows:
- L3Harris Technologies Inc.
- Leonardo SpA
- Motorola Solutions Inc.
- JVCKENWOOD Corporation
- Hytera Communications Corporation Limited
- Ysair Technology Co., Ltd. (RETEVIS)
- Tait International Limited
- TTG Global Group Ltd. (Simoco Wireless Solutions)
- Kontron Group
- RADIODATA GmbH
- Others
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*We at Expert Market Research always strive to provide you with the latest information. The numbers in the article are only indicative and may be different from the actual report.