Press release
Radio Modem Market Emerging Trends and Top Key Players to Watch-Autotalks, Atim Radiocommunications, Arada and Adeunis RF in 2017-2025
The global radio modem market is predicted to attain great significance due to its role in the revolution of conventional communication means brought about by wireless communication. Radio modem surpasses expectations when it comes to data transmission. Unlike wired data transfer, there could be a faster transmission expected through a radio modem using radio waves. The logistics and transportation sectors witness several applications of radio modem such as automatic vehicle location (AVL), telemetry, supervisory control and data acquisition (SCADA), and remote data acquisition.As per the report, the global radio modem market could be segregated as per application, operating range, communication channel, and frequency band. The Wi-Fi frequency band is envisioned to grab a larger market share in the coming years.
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The report presented here is an intelligent compilation of important aspects that make up the global radio modem market. Each aspect is comprehensively shed light upon to provide a crystal clear picture of the market’s future.
Global Radio Modem Market: Trends and Opportunities
The world radio modem market is foreseen to gain a whole lot of momentum in its growth on account of two crucial factors, i.e. privately-owned networks and lesser infrastructure requirements. The market could gain traction on the back of the growing prominence of intelligent transportation system (ITS) that are smaller in size and cost-effective. Such systems require communications to enhance their processes. Radio modem products are anticipated to gain a handsome demand in the coming years due to a drastic advancement in technology. Moreover, the wireless nature of these products could make them even more popular in the near future.
On the negative side, the world radio modem market could encounter a slump in its growth due to constraints such as high initial cost and the lack of the ability of radio waves to transmit bulks of data simultaneously. However, the wide availability of various types of radio modems such as those for satellites - SATEL-LP and their critical applications in emergency response are expected to create scores of prospects in the market.
Global Radio Modem Market: Geographical Analysis
Among different regions deemed important for the growth of the international radio modem market, North America is envisaged to exhibit its dominance in the foreseeable future. In North America, there could be a high requirement of an effective transportation system to be fulfilled owing to the frequent usage of heavy automobiles and four-wheelers. In the recent past, the region ranked higher for the deployment of different ITS systems.
Europe and Asia Pacific Excluding Japan (APEJ) could tread on the heels of North America in their pursuit of acquiring a decent growth in the international radio modem market. APEJ is forecast to attract growth on the back of the large electronics manufacturing hub in China. Latin America, on the other hand, could demonstrate a steady growth in the near future. However, a lower share could be secured by the Middle East and Africa (MEA) in the market.
Global Radio Modem Market: Companies Mentioned
The worldwide radio modem market could incorporate leading players such as B&B Electronics MFG, Autotalks Ltd., Atim Radiocommunications, Arada Systems Inc., and Adeunis RF. The report offers a broad overview of each of the players profiled and also digs deep into vital aspects of the overall competitive landscape. Moreover, it provides a complete study of the competitive situations in the market.
Market segmentation based on geography:
North America
Latin America
Western Europe
Eastern Europe
Asia Pacific Excluding Japan (APEJ)
Japan
Middle East and Africa (MEA)
MRR.BIZ has been compiled in-depth market research data in the report after exhaustive primary and secondary research. Our team of able, experienced in-house analysts has collated the information through personal interviews and study of industry databases, journals, and reputable paid sources.
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The report provides the following information:
Tailwinds and headwinds molding the market’s trajectory
Market segments based on products, technology, and applications
Prospects of each segment
Overall current and possible future size of the market
Growth pace of the market
Competitive landscape and key players’ strategies
The main aim of the report is to:
Enable key stakeholder’s in the market bet right on it
Understand the opportunities and pitfalls awaiting them
Assess the overall growth scope in the near term
Strategize effectively with respect to production and distribution
MRR.BIZ is a leading provider of strategic market research. Our vast repository consists research reports, data books, company profiles, and regional market data sheets. We regularly update the data and analysis of a wide-ranging products and services around the world. As readers, you will have access to the latest information on almost 300 industries and their sub-segments. Both large Fortune 500 companies and SMEs have found those useful. This is because we customize our offerings keeping in mind the specific requirements of our clients.
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