Terrestrial Trunked Radio Market 2018 – Research Methodology & Rapid Growth Till 2025

Market Analysis:

According to Verified Market Intelligence, the Global Terrestrial Trunked Radio Market was valued at USD 2.03 Billion in 2017 and is projected to reach USD 6.67 Billion by 2025, growing at a CAGR of 16.3% from 2018 to 2025.

A set of standards that have been developed by the European Telecommunications Standardisation Institute (ETSI) to define a common mobile radio communications infrastructure across Europe is known as terrestrial trunked radio. It is mainly designed for mobile radio that is needed by public safety groups such as police and fire departments, utility companies, and other enterprises in order to provide voice and data communications services. It can combine both trunking and direct modes into single terminal equipment and thus provides a standard way of working in between these two bands.

Industry Insights with Latest And Upcoming Trends : http://bit.ly/TerrestrialTrunkedRadioMarket

Increasing demand for critical communication, Radio Communication Devices transitions from Analog to Digital and increasing applications of smartphone for public safety markets have been driving the Global Terrestrial Trunked Radio Market. While high maintenance and infrastructure cost might hinder the overall growth at a global level.

The “Terrestrial Trunked Radio Market” study report will provide a valuable insight with an emphasis on global market including some of the major players such as Motorola Solutions, Inc., Thales Group, Hytera Communications Corporation Limited, Simoco Group, Airbus Defence and Space OY, Sepura PLC, JVC Kenwood Corporation, DAMM Cellular Systems A/S, Rohill Engineering B.V., BiTEA Limited, and Rolta India Limited. Our market analysis also entails a section solely dedicated to such major players wherein our analysts provide an insight to the financial statements of all the major players, along with its product benchmarking and SWOT analysis.

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This release was published on openPR.