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Wireless Data Radio Modem Market Expected to Grow at 724.1 Million In Revenue by 2023

02-29-2020 11:33 AM CET | IT, New Media & Software

Press release from: ReportsandReports

Wireless Data Radio Modem Market Expected to Grow at 724.1

According to Market Study Report, Wireless Data Radio Modem Market provides a comprehensive analysis of the Wireless Data Radio Modem Market segments, including their dynamics, size, growth, regulatory requirements, technological trends, competitive landscape, and emerging opportunities of global industry. This report also provides market landscape and market share information in the Wireless Data Radio Modem Market. An exclusive data offered in this report is collected by research and industry experts team.

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The Wireless Data Radio Modem Market is expected to reach USD 724.1 Million by 2023 from USD 594.4 Million in 2018, at a CAGR of 4.03% during the forecast period. This report spread across 210 Pages, Profiling 23 Companies and Supported with 35 Tables and 57 figures are now available in this research.

Top Companies profiled in the Wireless Data Radio Modem Market:
o SATEL OY (Finland)
o Motorola Solutions (US)
o Schneider Electric (France)
o Digi International (US)
o Pacific Crest (US)
o Advantech B+B Smart Worx (US)
o Free Wave Technologies (US)
o Cohda Wireless (Australia)
o Campbell Scientific (US)
o Harris Corporation (US)

"The market for UAV drone wireless data radio modems is expected to grow at a higher CAGR during the forecast period"
The UAV drone wireless data radio modem market is expected to grow at a higher CAGR between 2018 and 2023. These modems offer convenient and flexible means to the operators to ensure the safety of the inspection staff, which motivates them to work efficiently. Moreover, drones equipped with radio modems are mostly used for the commercial applications, such as agriculture, survey and mapping, search and rescue, firefighting, photography, film industry, disaster management, and law enforcement.

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"SCADA and telemetry is expected to hold the largest size of the general-purpose wireless data radio modem market during the forecast period"
The SCADA and telemetry is expected to hold the largest share of the general-purpose wireless data radio modem market during the forecast period. The lower operational expenditure and higher reliability in the line-of-sight wireless communications make the wireless data radio modems suitable for the SCADA and telemetry application in small and medium process industries.

"North America is expected to hold the largest size of wireless data radio modem market in 2018"
This report covers the market in North America, Europe, Asia Pacific (APAC), and Rest of the World (RoW). The wireless data radio modem market in North America is driven by factors such as the rising demand for industrial automation, transportation, and supportive government programs. North America ranks first in terms of the deployment of various intelligent transportation systems (ITS), such as advanced transportation management systems, advanced traveler information systems, ITS-enabled pricing systems, and commercial vehicle operations.

Competitive Landscape of Wireless Data Radio Modem Market:
1 Introduction
2 Market Ranking Analysis 2016: Wireless Data Radio Modem Market
3 Product Benchmarking
4 Product Launches and Developments
5 Mergers & Acquisitions
6 Partnerships, Collaborations, and Agreements
7 Other Expansions & New Synergies

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Reason to access this report:
o Market penetration: Comprehensive information on various types of products and operating range offered by the top players in the overall wireless data radio modem market.

o Product development/innovation: Detailed insights regarding research and development (R&D) activities, emerging technologies, and product launches in the wireless data radio modem market.

o Market development: Comprehensive information about lucrative emerging markets along with the analysis of the markets for wireless data radio modems across regions.

o Market diversification: Exhaustive information about new products, untapped geographies, recent developments, and investments in the overall wireless data radio modem market.

o Competitive assessment: In-depth assessment of the market ranking analysis, strategies, products, and manufacturing capabilities of the leading players in the wireless data radio modem market.

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