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Radio Modem Market: Current trends, Opportunities, Challenges and Forecast by 2027

04-28-2017 09:08 PM CET | IT, New Media & Software

Press release from: TMR - Research Reports

Radio Modem Market ,Radio Modem Market share,Radio Modem Market size

Radio Modem Market ,Radio Modem Market share,Radio Modem Market size

Radio modems are widely used in military and mission critical application. These devices are independent of the mobile and network operators and hence no cost is associated with the data transfer. Radio modems can transmit data without the help of wires to point to point or point to multipoint systems.

They can encode, transmit and decode the data even for long distance. Technically radio waves are used for transmission of data. They have wide application in transportation and logistics such as remote data acquisition, supervisory control and data acquisition (SCADA), telemetry, and automatic vehicle location (AVL). Radio modems also have application in Land survey differential GPS, fleet management applications, SCADA applications, and automated meter reading.

Antenna height and type of cables used, sensitivity of the radio, output power of the radio and the systems design are few factors that could affect the performance of the radio. There are many kinds of radio modems such as smart radio modems, classic radio modems, Modules that includes models for satellites, and SATEL-LP. Radio modems also have their applications in emergency response agencies and the normal band of frequency cannot be used to avoid congestion.

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The Global Radio Modem Market is mainly driven by factors such as lesser infrastructure requirements, privately owned networks. An Intelligent transportation systems (ITS) requires communications to improve its process and is cost effective and sizes that are smaller driving the radio modem market.

These modems are wireless and such products are at greater demand across the globe because of its wide advancements in technology which has been a major reason in growth of this market. The major drawback of radio modems are that the radio waves cannot transmit a lot of data simultaneously. The initial cost constraints involved in purchasing radio modems and hardware is significantly on a higher which can be a major drawback for the Global radio modem market to suppress.

The Global Radio Modem Market is divided into seven regions namely North America, Western Europe, Eastern Europe, Asia Pacific excluding Japan, Japan, Latin America, and Middle East and Africa. North America is expected to lead the Global radio modem market which is followed by Europe. Asia Pacific excluding Japan shows a decent growth over the forecast. China, since it’s a manufacturing hub of electronics signifies growth for APEJ. Middle East and Africa has a lesser market share in the Global Digital pen market. Latin America is also showing a steady market growth for Global radio modem market.

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The report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases). The report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts and market participants across key points in the industry’s value chain.

A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the report projects the attractiveness of each major segment over the forecast period.

About Us

Transparency Market Research (TMR) is a market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. We have an experienced team of Analysts, Researchers, and Consultants, who us e proprietary data sources and various tools and techniques to gather, and analyze information. Our business offerings represent the latest and the most reliable information indispensable for businesses to sustain a competitive edge.

Each TMR Syndicated Research report covers a different sector – such as pharmaceuticals, chemical, energy, food & beverages, semiconductors, med-devices, consumer goods and technology. These reports provide in-depth analysis and deep segmentation to possible micro levels. With wider scope and stratified research methodology, our syndicated reports thrive to provide clients to serve their overall research requirement.

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