Terrestrial Trunked Radio (TETRA) Market To Reach USD 10.7 Billion By 2032, Report By DataHorizzon Research
Advertisement
The terrestrial trunked radio (TETRA) market size valued at USD 3.8 Billion in 2023 and is anticipated to reach USD 10.7 Billion by 2032 at a CAGR of 12.1%.
Fort Collins, Colorado, May 05, 2024 (GLOBE NEWSWIRE) —
Technological advances drive the terrestrial trunked radio market in the forecast period.
Advertisement
Technological advancements in terrestrial trunked radio (TETRA) are driving market expansion. These innovations are poised to enhance safety, productivity, and efficiency, fueling widespread adoption of TETRA systems. Various enhancements in TETRA technology, such as automated callbacks, integration of videography features into radios, and connectivity to mission-critical communications networks, are contributing to substantial market growth. The automated callback feature can alert the appropriate authorities of the need for assistance triggered by specific activities.
Additionally, the deployment of 3GPP-compliant 4G and 5G broadband for mission-critical communication in public safety and defense sectors is rising. Modern TETRA devices can seamlessly integrate with MCX (Mission-Critical PTT (Push-to-Talk) over Cellular) devices, simplifying the operation by eliminating the need for multiple communication devices.
Request Sample Report:
Segmentation Overview:
The terrestrial trunked radio market has been segmented into component, operation, mounting, end-user, and region.
Trunk mode accounted for a prominent share in 2023
- Based on operation, the terrestrial trunked radio (TETRA) market has been segmented into trunk and direct modes. Trunk mode held a prominent market share in 2023. Trunk mode utilizes a group of channels and switches users according to the availability of open channels.
Military and Defense registered a significant market share in 2023
- Based on end-user, the terrestrial trunked radio (TETRA) market has been segmented as military and defense, transportation, industrial, government and public safety, and others. Military and defense accounted for the greater market share owing to extensive demand for efficient critical communication in recent years.
Ask For Discount
Terrestrial Trunked Radio Market Report Highlights:
- The terrestrial trunked radio market growth is anticipated at a CAGR of 12.1% by 2032.
- Technological advancements in terrestrial trunked radio (TETRA) also propel market growth. These developments are expected to enhance safety, productivity, and efficiency, leading to the high adoption of TETRA.
- Asia Pacific will likely account for a significant market share in the forthcoming years owing to the high adoption of terrestrial trunked radio (TETRA) in government and public security.
- Some prominent players in the terrestrial trunked radio market report include Airbus Defence and Space Oy, Motorola Solutions. Inc., Hytera Communications Corporation Ltd., Simoco Group, Bitea Limited, JVC KENWOOD CORPORATION, Thales Group, Sepura PLC, DAMM Cellular Systems A/S, and Rohill Engineering BV.
Looking Exclusively For Region/Country Specific Report?
About DataHorizzon Research:
DataHorizzon is a market research and advisory company that assists organizations across the globe in formulating growth strategies for changing business dynamics. Its offerings include consulting services across enterprises and business insights to make actionable decisions. DHR’s comprehensive research methodology for predicting long-term and sustainable trends in the market facilitates complex decisions for organizations.
Contact:
Mail: [email protected]
Ph: +1-970-672-0390
Website: https://datahorizzonresearch.com/
Follow Us: LinkedIn
Recent Publications
Micro Switch Market Analysis 2024 to 2032
Action Camera Market Analysis 2024 to 2032
Enterprise Application Market Analysis 2024 to 2032
Circuit Tracer Market Analysis 2024 to 2032
Multilayer Transparent Conductors Market Analysis 2024 to 2032
CONTACT: Mail: [email protected] Ph: +1-970-672-0390 Website: https://www.datahorizzonresearch.com
Disclaimer: The above press release comes to you under an arrangement with GlobeNewswire. AfternoonHeadlines.com takes no editorial responsibility for the same.