According to a new market research report published by Global Insight Services “ Professional Mobile Radio Market is expected to reach US$ XX bn by 2031. Report includes in-depth segmentation and market size data by categories, product types, applications, and geographies. Report also includes comprehensive analysis of key issues, trends and drivers, restraints and challenges, competitive landscape, as well as recent events such as M&A activities in the market.
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Professional mobile radio (PMR) is a type of two-way radio communication used in business, industry and other professional applications. PMR446 radios are the most common type of PMR radios, and are often used in retail and hospitality environments. PMR radios can be used with or without a licence, depending on the country in which they are used.PMR radios are typically handheld devices, although some models are vehicle-mounted. They operate in either analog or digital mode, and typically have a range of up to 5 miles (8 km). PMR radios can be used for voice or data communication, and some models include features such as GPS tracking, text messaging and email.
Top Key Players in Professional Mobile Radio market: Harris Group, Kenwood, Motorola Solutions, Cartel Communication Systems, Thales, Codan Radio,
Key Trends
One of the most notable trends is the move towards IP-based systems, which offer a number of advantages over traditional analog systems, including improved voice quality, increased scalability and enhanced security. IP-based systems also allow for the integration of additional features such as GPS tracking, text messaging and data applications.
Key Drivers
One of the key drivers of the Professional Mobile Radio market is the need for better communication and coordination between different agencies and organizations. Professional Mobile Radio systems allow different agencies and organizations to communicate with each other more effectively and efficiently. This is especially important in emergency situations where time is of the essence.
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Market Segments
By Technology
Digital
Analog
Reasons to buy Professional Mobile Radio Report:
- Develop comprehensive understanding of market landscape – industry structure, value-chain, key players, trends, drivers, and challenges
- Drive revenue and market-entry strategy by gaining insights into which segments and geographies are largest and likely to grow fastest
- Formulate sales and marketing strategies by gaining understanding of competitors, their positioning, and strengths & weaknesses
- Develop business and M&A strategies through understanding of latest trends and emerging players in the market
- Refine your business plans by understanding impact of disruptions such as Covid-19 and Russia-Ukraine conflict on the market
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Key Questions answered in the report:
- How is the market structured and what the key drivers and trends of this industry?
- How is the market segmented and what is the size of each segment?
- Which segments and geographies provide best growth opportunities?
- What’s the competitive landscape and positioning of players in this market?
- What is the impact of latest events such as Covid-19 and Russia-Ukraine conflict on the market?
About Global Insight Services:
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