Two-Way Radio Global Market Report 2024

Two-Way Radio Global Market Report 2024 – By Type (Analog Walkie-Talkie, Digital Walkie-Talkie), By Technology (Terrestrial Trunked Radio (TETRA), Project 25 (P2,, Digital Mobile Radio (DMR), Next Generation Digital Narrowband (NXDN)), By Application (Government And Public Safety, Utilities, Industry And Commerce, Other Applications) – Market Size, Trends, And Global Forecast 2024-2033

Name: Two-Way Radio Global Market Report 2024
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Two-Way Radio Global Market Report 2024

Starting Price : $4000.00 $3200.00 | Pages : 175 | Published : October 2024 | Delivery Time: 2-3 business days | Format : pdf

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Two-Way Radio Market Definition

A two-way radio is a portable communication device that allows users to send and receive audio signals over a specific radio frequency. It typically consists of a transmitter and a receiver, enabling users to both transmit and receive messages or signals. It is designed to facilitate instant and reliable voice communication among users within a limited range.

The main types of two-way radio are analog walkie-talkies and digital walkie-talkies. Analog walkie-talkies are communication devices that use traditional analog technology to transmit and receive information. It includes various technologies such as terrestrial trunked radio (TETRA), Project 25 (P25), digital mobile radio (DMR), and next-generation digital narrowband (NXDN), which are used for various applications including government and public safety, utilities, industry and commerce, and others.

Two-Way Radio Market Segmentation

The two-way radio market covered in this report is segmented –

1) By Type: Analog Walkie-Talkie, Digital Walkie-Talkie

2) By Technology: Terrestrial Trunked Radio (TETRA), Project 25 (P25), Digital Mobile Radio (DMR), Next Generation Digital Narrowband (NXDN)

3) By Application: Government And Public Safety, Utilities, Industry And Commerce, Other Applications

Global Two Way Radio Market Size 2023 to 2028: Graph

Two-Way Radio Market Size 2024 And Growth Rate

The two-way radio market size has grown strongly in recent years. It will grow from $9.06 billion in 2023 to $9.82 billion in 2024 at a compound annual growth rate (CAGR) of 8.4%. The growth in the historic period can be attributed to increasing digitalization across various sectors, increased demand for public safety and security, rising industrialization and infrastructure development, and demand for customizable and feature-rich solutions.

Two-Way Radio Market Growth Forecast

The two-way radio market size is expected to see strong growth in the next few years. It will grow to $13.64 billion in 2028 at a compound annual growth rate (CAGR) of 8.6%. The growth in the forecast period can be attributed to increasing adoption in commercial and industrial sectors, increasing adoption of outdoor recreational activities, rising investment in public safety infrastructure, rising demand in emerging. Major trends in the forecast period include integration of advanced technologies, integration with IoT and AI technologies, adoption of cloud-based solutions, adoption of digital radios by law enforcement agencies, integration with smartphones.

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Two-Way Radio Market Driver: Outdoor Recreation Surge Fuels Two-Way Radio Market Growth

The increasing adoption of outdoor recreational activities is expected to propel the growth of the two-way radio market going forward. Outdoor recreational activities encompass a wide range of leisure pursuits and pastimes that take place in natural environments and outdoor settings. The adoption of outdoor recreational activities is increasing due to their combined health benefits, social trends, and desire for nature connection. Two-way radios are essential for outdoor recreation, offering reliable communication where cell service is unavailable and ensuring safety and coordination during activities like hiking and camping. For instance, in November 2023, according to the Bureau of Economic Analysis, a US-based government agency, outdoor recreation contributed 19.8% of the economy's value in 2022, up from 19.0% the previous year. Therefore, the increasing adoption of outdoor recreational activities is driving the growth of the two-way radio market.

Global Two-Way Radio Market Major Players

Major companies operating in the two-way radio market are Raytheon Technologies Corporation, Johnson Controls, Thales Group, Motorola Solutions Inc., Rohde & Schwarz GmbH & Co. KG, JVCKENWOOD Corporation, Kenwood Corporation, Maxon America Inc., TETRA, Codan Limited, Tait Communications, Sepura Limited, Icom Incorporated, Uniden America Corporation, BK Technologies Corporation, Shenzhen HQT Science & Technology Co. Ltd., Midland Radio Corporation, Simoco Wireless Solutions, Ritron Inc., Hytera Mobilfunk GmbH, SFL Mobile Radio, TPL Communications Inc., Thodukonics, Uniden America Corporation, Kirisun Communications Co. Ltd.

Global Two-Way Radio Market Trend: Advancements In Portable Two-Way Radios For Enhanced Frontline Communication

Major companies operating in the two-way radio market are developing advanced solutions, such as portable two-way radios, to enhance mission-critical communication for frontline workers. Portable two-way radios are handheld communication devices that allow users to transmit and receive messages wirelessly. These radios are versatile, affordable, and easy to use, making them ideal for various applications like public safety, construction, and other events. For instance, in November 2023, Hytera Communications Corporation, a China-based communications equipment company, launched a new generation of intrinsically safe (IS) two-way radio series, including the HP79XEx DMR Portable Two-way Radio and the PT890Ex TETRA Portable Radio. The new radios, aimed at enhancing personnel safety and communication efficiency, are certified by various explosion-proof standards, making them suitable for industries like oil and gas, mining, chemical, firefighting, and more. These radios are designed to prevent sparking during use, limit heat generation, and ensure safety in hazardous environments with flammable dust and vapors.

Two-Way Radio Market Merger And Acquisition:

Mobile Communications America Inc. Strengthens Presence With Communications Electronics Inc.

In November 2022, Mobile Communications America Inc. (MCA), a US-based telecommunications company, acquired Communications Electronics Inc. for an undisclosed amount. This acquisition aims to strengthen MCA's presence in the Mid-Atlantic region and enhance its ability to provide wireless communication solutions for public safety agencies, schools, hospitals, and enterprises. Communications Electronics Inc. is a US-based wireless communication services provider specializing in the design, installation, sales, and service of two-way radio and in-building wireless systems.

Regional Outlook For The Global Two-Way Radio Market

North America was the largest region in the two-way radio market in 2023. It is expected to be the fastest-growing region in the forecast period. The regions covered in the two-way radio market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.

The countries covered in the two-way radio market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The two-way radio market consists of sales of products including handheld walkie-talkies, base stations, repeaters, antennas, digital radios, and analog radios. Values in this market are ‘factory gate’ values, that is, the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

The two-way radio market research report is one of a series of new reports from The Business Research Company that provides two-way radio market statistics, including two-way radio industry global market size, regional shares, competitors with a two-way radio market share, detailed two-way radio market segments, market trends and opportunities, and any further data you may need to thrive in the two-way radio industry. This two-way radio market research report delivers a complete perspective on everything you need, with an in-depth analysis of the current and future scenarios of the industry.

Two-Way Radio Market Report Forecast and Analysis

Report Attribute	Details
Market Size Value In 2024	$9.82 billion
Revenue Forecast In 2033	$13.64 billion
Growth Rate	CAGR of 8.6% from 2024 to 2033
Base Year For Estimation	2023
Actual Estimates/Historical Data	2018-2023
Forecast Period	2024 - 2028 - 2033
Market Representation	Revenue in USD Billion and CAGR from 2024 to 2033
Segments Covered	1) By Type: Analog Walkie-Talkie, Digital Walkie-Talkie 2) By Technology: Terrestrial Trunked Radio (TETRA), Project 25 (P2 5), Digital Mobile Radio (DMR), Next Generation Digital Narrowband (NXDN) 3) By Application: Government And Public Safety, Utilities, Industry And Commerce, Other Applications
Regional Scope	Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Country Scope	The countries covered in the report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain. Additional countries that can be covered in the report for an additional fee: Bangladesh, Thailand, Vietnam, Malaysia, Singapore, Philippines, Hong Kong, New Zealand, Mexico, Chile, Argentina, Colombia, Peru, Austria, Belgium, Denmark, Finland, Ireland, Netherlands, Norway, Portugal, Sweden, Switzerland, Czech Republic, Poland, Romania, Ukraine, Saudi Arabia, Israel, Iran, Turkey, UAE, Egypt, Nigeria, South Africa.
Key Companies Profiled	Raytheon Technologies Corporation; Johnson Controls; Thales Group; Motorola Solutions Inc; Rohde & Schwarz GmbH & Co. KG; JVCKENWOOD Corporation; Kenwood Corporation; Maxon America Inc; TETRA; Codan Limited; Tait Communications; Sepura Limited; Icom Incorporated; Uniden America Corporation; BK Technologies Corporation; Shenzhen HQT Science & Technology Co. Ltd; Midland Radio Corporation; Simoco Wireless Solutions; Ritron Inc; Hytera Mobilfunk GmbH; SFL Mobile Radio; TPL Communications Inc; Thodukonics; Uniden America Corporation; Kirisun Communications Co. Ltd.
Customization Scope	Request for Sample
Pricing And Purchase Options	Explore Purchase Options

1. Executive Summary

2. Two-Way Radio Market Characteristics

3. Two-Way Radio Market Trends And Strategies

4. Two-Way Radio Market - Macro Economic Scenario

4.1. Impact Of High Inflation On The Market

4.2. Ukraine-Russia War Impact On The Market

4.3. COVID-19 Impact On The Market

5. Global Two-Way Radio Market Size and Growth

5.1. Global Two-Way Radio Market Drivers and Restraints

5.1.1. Drivers Of The Market

5.1.2. Restraints Of The Market

5.2. Global Two-Way Radio Historic Market Size and Growth, 2018 - 2023, Value ($ Billion)

5.3. Global Two-Way Radio Forecast Market Size and Growth, 2023 - 2028, 2033F, Value ($ Billion)

6. Two-Way Radio Market Segmentation

6.1. Global Two-Way Radio Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Analog Walkie-Talkie

Digital Walkie-Talkie

6.2. Global Two-Way Radio Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Terrestrial Trunked Radio (TETRA)

Project 25 (P25)

Digital Mobile Radio (DMR)

Next Generation Digital Narrowband (NXDN)

6.3. Global Two-Way Radio Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Government And Public Safety

Utilities

Industry And Commerce

Other Applications

7. Two-Way Radio Market Regional And Country Analysis

7.1. Global Two-Way Radio Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

7.2. Global Two-Way Radio Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

8. Asia-Pacific Two-Way Radio Market

8.1. Asia-Pacific Two-Way Radio Market Overview

Region Information, Impact Of COVID-19, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies

8.2. Asia-Pacific Two-Way Radio Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

8.3. Asia-Pacific Two-Way Radio Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

8.4. Asia-Pacific Two-Way Radio Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

9. China Two-Way Radio Market

9.1. China Two-Way Radio Market Overview

9.2. China Two-Way Radio Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

9.3. China Two-Way Radio Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

9.4. China Two-Way Radio Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

10. India Two-Way Radio Market

10.1. India Two-Way Radio Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

10.2. India Two-Way Radio Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

10.3. India Two-Way Radio Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

11. Japan Two-Way Radio Market

11.1. Japan Two-Way Radio Market Overview

11.2. Japan Two-Way Radio Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

11.3. Japan Two-Way Radio Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

11.4. Japan Two-Way Radio Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

12. Australia Two-Way Radio Market

12.1. Australia Two-Way Radio Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

12.2. Australia Two-Way Radio Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

12.3. Australia Two-Way Radio Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

13. Indonesia Two-Way Radio Market

13.1. Indonesia Two-Way Radio Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

13.2. Indonesia Two-Way Radio Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

13.3. Indonesia Two-Way Radio Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

14. South Korea Two-Way Radio Market

14.1. South Korea Two-Way Radio Market Overview

14.2. South Korea Two-Way Radio Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

14.3. South Korea Two-Way Radio Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

14.4. South Korea Two-Way Radio Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

15. Western Europe Two-Way Radio Market

15.1. Western Europe Two-Way Radio Market Overview

15.2. Western Europe Two-Way Radio Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

15.3. Western Europe Two-Way Radio Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

15.4. Western Europe Two-Way Radio Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

16. UK Two-Way Radio Market

16.1. UK Two-Way Radio Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

16.2. UK Two-Way Radio Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

16.3. UK Two-Way Radio Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

17. Germany Two-Way Radio Market

17.1. Germany Two-Way Radio Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

17.2. Germany Two-Way Radio Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

17.3. Germany Two-Way Radio Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

18. France Two-Way Radio Market

18.1. France Two-Way Radio Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

18.2. France Two-Way Radio Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

18.3. France Two-Way Radio Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

19. Italy Two-Way Radio Market

19.1. Italy Two-Way Radio Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

19.2. Italy Two-Way Radio Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

19.3. Italy Two-Way Radio Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

20. Spain Two-Way Radio Market

20.1. Spain Two-Way Radio Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

20.2. Spain Two-Way Radio Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

20.3. Spain Two-Way Radio Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

21. Eastern Europe Two-Way Radio Market

21.1. Eastern Europe Two-Way Radio Market Overview

21.2. Eastern Europe Two-Way Radio Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

21.3. Eastern Europe Two-Way Radio Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

21.4. Eastern Europe Two-Way Radio Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

22. Russia Two-Way Radio Market

22.1. Russia Two-Way Radio Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

22.2. Russia Two-Way Radio Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

22.3. Russia Two-Way Radio Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

23. North America Two-Way Radio Market

23.1. North America Two-Way Radio Market Overview

23.2. North America Two-Way Radio Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

23.3. North America Two-Way Radio Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

23.4. North America Two-Way Radio Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

24. USA Two-Way Radio Market

24.1. USA Two-Way Radio Market Overview

24.2. USA Two-Way Radio Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

24.3. USA Two-Way Radio Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

24.4. USA Two-Way Radio Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

25. Canada Two-Way Radio Market

25.1. Canada Two-Way Radio Market Overview

25.2. Canada Two-Way Radio Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

25.3. Canada Two-Way Radio Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

25.4. Canada Two-Way Radio Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

26. South America Two-Way Radio Market

26.1. South America Two-Way Radio Market Overview

26.2. South America Two-Way Radio Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

26.3. South America Two-Way Radio Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

26.4. South America Two-Way Radio Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

27. Brazil Two-Way Radio Market

27.1. Brazil Two-Way Radio Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

27.2. Brazil Two-Way Radio Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

27.3. Brazil Two-Way Radio Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

28. Middle East Two-Way Radio Market

28.1. Middle East Two-Way Radio Market Overview

28.2. Middle East Two-Way Radio Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

28.3. Middle East Two-Way Radio Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

28.4. Middle East Two-Way Radio Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

29. Africa Two-Way Radio Market

29.1. Africa Two-Way Radio Market Overview

29.2. Africa Two-Way Radio Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

29.3. Africa Two-Way Radio Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

29.4. Africa Two-Way Radio Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

30. Two-Way Radio Market Competitive Landscape And Company Profiles

30.1. Two-Way Radio Market Competitive Landscape

30.2. Two-Way Radio Market Company Profiles

30.2.1. Raytheon Technologies Corporation

30.2.1.1. Overview

30.2.1.2. Products and Services

30.2.1.3. Strategy

30.2.1.4. Financial Performance

30.2.2. Johnson Controls

30.2.2.1. Overview

30.2.2.2. Products and Services

30.2.2.3. Strategy

30.2.2.4. Financial Performance

30.2.3. Thales Group

30.2.3.1. Overview

30.2.3.2. Products and Services

30.2.3.3. Strategy

30.2.3.4. Financial Performance

30.2.4. Motorola Solutions Inc.

30.2.4.1. Overview

30.2.4.2. Products and Services

30.2.4.3. Strategy

30.2.4.4. Financial Performance

30.2.5. Rohde & Schwarz GmbH & Co. KG

30.2.5.1. Overview

30.2.5.2. Products and Services

30.2.5.3. Strategy

30.2.5.4. Financial Performance

31. Two-Way Radio Market Other Major And Innovative Companies

31.1. JVCKENWOOD Corporation

31.2. Kenwood Corporation

31.3. Maxon America Inc.

31.4. TETRA

31.5. Codan Limited

31.6. Tait Communications

31.7. Sepura Limited

31.8. Icom Incorporated

31.9. Uniden America Corporation

31.10. BK Technologies Corporation

31.11. Shenzhen HQT Science & Technology Co. Ltd.

31.12. Midland Radio Corporation

31.13. Simoco Wireless Solutions

31.14. Ritron Inc.

31.15. Hytera Mobilfunk GmbH

32. Global Two-Way Radio Market Competitive Benchmarking

33. Global Two-Way Radio Market Competitive Dashboard

34. Key Mergers And Acquisitions In The Two-Way Radio Market

35. Two-Way Radio Market Future Outlook and Potential Analysis

35.1 Two-Way Radio Market In 2028 - Countries Offering Most New Opportunities

35.2 Two-Way Radio Market In 2028 - Segments Offering Most New Opportunities

35.3 Two-Way Radio Market In 2028 - Growth Strategies

35.3.1 Market Trend Based Strategies

35.3.2 Competitor Strategies

36. Appendix

36.1. Abbreviations

36.2. Currencies

36.3. Historic And Forecast Inflation Rates

36.4. Research Inquiries

36.5. The Business Research Company

36.6. Copyright And Disclaimer

List Of Tables

Table 1: Global Historic Market Growth, 2018-2023, $ Billion

Table 2: Global Forecast Market Growth, 2023-2028F, 2033F, $ Billion

Table 3: Global Two-Way Radio Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 4: Global Two-Way Radio Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 5: Global Two-Way Radio Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 6: Global Two-Way Radio Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 7: Global Two-Way Radio Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 8: Asia-Pacific, Two-Way Radio Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 9: Asia-Pacific, Two-Way Radio Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 10: Asia-Pacific, Two-Way Radio Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 11: China, Two-Way Radio Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 12: China, Two-Way Radio Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 13: China, Two-Way Radio Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 14: India, Two-Way Radio Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 15: India, Two-Way Radio Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 16: India, Two-Way Radio Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 17: Japan, Two-Way Radio Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 18: Japan, Two-Way Radio Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 19: Japan, Two-Way Radio Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 20: Australia, Two-Way Radio Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 21: Australia, Two-Way Radio Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 22: Australia, Two-Way Radio Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 23: Indonesia, Two-Way Radio Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 24: Indonesia, Two-Way Radio Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 25: Indonesia, Two-Way Radio Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 26: South Korea, Two-Way Radio Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 27: South Korea, Two-Way Radio Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 28: South Korea, Two-Way Radio Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 29: Western Europe, Two-Way Radio Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 30: Western Europe, Two-Way Radio Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 31: Western Europe, Two-Way Radio Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 32: UK, Two-Way Radio Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 33: UK, Two-Way Radio Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 34: UK, Two-Way Radio Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 35: Germany, Two-Way Radio Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 36: Germany, Two-Way Radio Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 37: Germany, Two-Way Radio Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 38: France, Two-Way Radio Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 39: France, Two-Way Radio Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 40: France, Two-Way Radio Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 41: Italy, Two-Way Radio Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 42: Italy, Two-Way Radio Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 43: Italy, Two-Way Radio Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 44: Spain, Two-Way Radio Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 45: Spain, Two-Way Radio Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 46: Spain, Two-Way Radio Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 47: Eastern Europe, Two-Way Radio Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 48: Eastern Europe, Two-Way Radio Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 49: Eastern Europe, Two-Way Radio Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 50: Russia, Two-Way Radio Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 51: Russia, Two-Way Radio Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 52: Russia, Two-Way Radio Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 53: North America, Two-Way Radio Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 54: North America, Two-Way Radio Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 55: North America, Two-Way Radio Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 56: USA, Two-Way Radio Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 57: USA, Two-Way Radio Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 58: USA, Two-Way Radio Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 59: Canada, Two-Way Radio Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 60: Canada, Two-Way Radio Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 61: Canada, Two-Way Radio Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 62: South America, Two-Way Radio Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 63: South America, Two-Way Radio Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 64: South America, Two-Way Radio Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 65: Brazil, Two-Way Radio Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 66: Brazil, Two-Way Radio Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 67: Brazil, Two-Way Radio Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 68: Middle East, Two-Way Radio Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 69: Middle East, Two-Way Radio Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 70: Middle East, Two-Way Radio Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 71: Africa, Two-Way Radio Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 72: Africa, Two-Way Radio Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 73: Africa, Two-Way Radio Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 74: Raytheon Technologies Corporation Financial Performance

Table 75: Johnson Controls Financial Performance

Table 76: Thales Group Financial Performance

Table 77: Motorola Solutions Inc. Financial Performance

Table 78: Rohde & Schwarz GmbH & Co. KG Financial Performance

List Of Figures

Figure 1: Global Historic Market Growth, 2018-2023, $ Billion

Figure 2: Global Forecast Market Growth, 2023-2028F, 2033F, $ Billion

Figure 3: Global Two-Way Radio Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 4: Global Two-Way Radio Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 5: Global Two-Way Radio Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 6: Global Two-Way Radio Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 7: Global Two-Way Radio Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 8: Asia-Pacific, Two-Way Radio Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 9: Asia-Pacific, Two-Way Radio Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 10: Asia-Pacific, Two-Way Radio Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 11: China, Two-Way Radio Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 12: China, Two-Way Radio Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 13: China, Two-Way Radio Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 14: India, Two-Way Radio Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 15: India, Two-Way Radio Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 16: India, Two-Way Radio Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 17: Japan, Two-Way Radio Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 18: Japan, Two-Way Radio Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 19: Japan, Two-Way Radio Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 20: Australia, Two-Way Radio Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 21: Australia, Two-Way Radio Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 22: Australia, Two-Way Radio Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 23: Indonesia, Two-Way Radio Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 24: Indonesia, Two-Way Radio Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 25: Indonesia, Two-Way Radio Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 26: South Korea, Two-Way Radio Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 27: South Korea, Two-Way Radio Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 28: South Korea, Two-Way Radio Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 29: Western Europe, Two-Way Radio Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 30: Western Europe, Two-Way Radio Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 31: Western Europe, Two-Way Radio Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 32: UK, Two-Way Radio Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 33: UK, Two-Way Radio Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 34: UK, Two-Way Radio Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 35: Germany, Two-Way Radio Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 36: Germany, Two-Way Radio Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 37: Germany, Two-Way Radio Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 38: France, Two-Way Radio Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 39: France, Two-Way Radio Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 40: France, Two-Way Radio Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 41: Italy, Two-Way Radio Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 42: Italy, Two-Way Radio Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 43: Italy, Two-Way Radio Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 44: Spain, Two-Way Radio Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 45: Spain, Two-Way Radio Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 46: Spain, Two-Way Radio Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 47: Eastern Europe, Two-Way Radio Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 48: Eastern Europe, Two-Way Radio Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 49: Eastern Europe, Two-Way Radio Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 50: Russia, Two-Way Radio Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 51: Russia, Two-Way Radio Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 52: Russia, Two-Way Radio Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 53: North America, Two-Way Radio Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 54: North America, Two-Way Radio Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 55: North America, Two-Way Radio Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 56: USA, Two-Way Radio Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 57: USA, Two-Way Radio Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 58: USA, Two-Way Radio Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 59: Canada, Two-Way Radio Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 60: Canada, Two-Way Radio Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 61: Canada, Two-Way Radio Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 62: South America, Two-Way Radio Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 63: South America, Two-Way Radio Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 64: South America, Two-Way Radio Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 65: Brazil, Two-Way Radio Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 66: Brazil, Two-Way Radio Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 67: Brazil, Two-Way Radio Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 68: Middle East, Two-Way Radio Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 69: Middle East, Two-Way Radio Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 70: Middle East, Two-Way Radio Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 71: Africa, Two-Way Radio Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 72: Africa, Two-Way Radio Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 73: Africa, Two-Way Radio Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 74: Raytheon Technologies Corporation Financial Performance

Figure 75: Johnson Controls Financial Performance

Figure 76: Thales Group Financial Performance

Figure 77: Motorola Solutions Inc. Financial Performance

Figure 78: Rohde & Schwarz GmbH & Co. KG Financial Performance

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Frequently Asked Questions

What is the definition of the two-way radio market?

How will the two-way radio market drivers and restraints affect the two-way radio market dynamics? What forces will shape the two-way radio industry going forward?

The two-way radio market major growth driver - Outdoor Recreation Surge Fuels Two-Way Radio Market Growth. For further insights on the two-way radio market, request a sample here

What is the forecast market size or the forecast market value of the two-way radio market?

The two-way radio market size has grown strongly in recent years. It will grow from $9.06 billion in 2023 to $9.82 billion in 2024 at a compound annual growth rate (CAGR) of 8.4%. The growth in the historic period can be attributed to increasing digitalization across various sectors, increased demand for public safety and security, rising industrialization and infrastructure development, and demand for customizable and feature-rich solutions. The two-way radio market size is expected to see strong growth in the next few years. It will grow to $13.64 billion in 2028 at a compound annual growth rate (CAGR) of 8.6%. The growth in the forecast period can be attributed to increasing adoption in commercial and industrial sectors, increasing adoption of outdoor recreational activities, rising investment in public safety infrastructure, rising demand in emerging. Major trends in the forecast period include integration of advanced technologies, integration with IoT and AI technologies, adoption of cloud-based solutions, adoption of digital radios by law enforcement agencies, integration with smartphones. For further insights on the two-way radio market, request a sample here

How is the two-way radio market segmented?

The two-way radio market is segmented
1) By Type: Analog Walkie-Talkie, Digital Walkie-Talkie
2) By Technology: Terrestrial Trunked Radio (TETRA), Project 25 (P25), Digital Mobile Radio (DMR), Next Generation Digital Narrowband (NXDN)
3) By Application: Government And Public Safety, Utilities, Industry And Commerce, Other ApplicationsFor further insights on the two-way radio market, request a sample here

Which region has the largest share of the two-way radio market? What are the other regions covered in the report?

North America was the largest region in the two-way radio market in 2023. It is expected to be the fastest-growing region in the forecast period. The regions covered in the two-way radio market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. For further insights on the two-way radio market, request a sample here.

Who are the major players in the two-way radio market?

What are the key trends in the two-way radio market?

Major trend in the two-way radio market - Advancements In Portable Two-Way Radios For Enhanced Frontline Communication. For further insights on the two-way radio market, request a sample here.

What are the major opportunities in the two-way radio market? What are the strategies for the two-way radio market?

For detailed insights on the major opportunities and strategies in the two-way radio market, request a sample here.

How does the two-way radio market relate to the overall economy and other similar markets?

For detailed insights on two-way radio market's relation to the overall economy and other similar markets, request a sample here.

What are the latest mergers and acquisitions in the two-way radio industry?

For detailed insights on the mergers and acquisitions in the two-way radio industry, request a sample here.

What are the key dynamics influencing the two-way radio market growth? SWOT analysis of the two-way radio market.

For detailed insights on the key dynamics influencing the two-way radio market growth and SWOT analysis of the two-way radio industry, request a sample here.