Press release
Professional Mobile Radio (PMR) System Market is expected to hit USD 39.92 Bn by 2029 during the forecast period at a CAGR of 9.1 percent
Pune 13 March 2023: The "Professional Mobile Radio (PMR) System Market" was USD 19.88 Bn in 2021 and is expected to grow at a CAGR of 9.1 percent to reach USD 39.92 Bn by 2029 during the forecast period. The Professional Mobile Radio (PMR) System Market report is published by Maximize Market Research available in the market. It has got clients in Information Technology & Telecommunication in more than 34 countries.Professional Mobile Radio (PMR) System Market Scope and Research Methodology
The Professional Mobile Radio (PMR) System Market report includes information on the current trend and future growth prospects of the market as well as key opportunities and drivers impacting market growth. The Professional Mobile Radio (PMR) System Market report provides analysis through segments such as technology and application along with their multiple sub-segments. The Professional Mobile Radio (PMR) System Market report provides a detailed analysis of the competitive landscape of the market, including the market share and revenue of key players in the industry. The Professional Mobile Radio (PMR) System Market report includes collaborations, mergers and acquisitions by major key players. The Professional Mobile Radio (PMR) System Market report provides a detailed analysis of the market through revenue, gross income, pricing analysis and market penetration of the product. The bottom-up approach is used to estimate the size of the Professional Mobile Radio System Market by value. Primary and secondary research methods were used to collect the Professional Mobile Radio System Market data. Collected data is further analysed by SWOT and PORTER's five force model which includes drivers, restraints, opportunities and regional insights.
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Professional Mobile Radio (PMR) System Market Dynamics
The Professional Mobile Radio System Market is expected to grow due to increasing demand for reliable and secure communication systems in industries such as public safety, transportation and oil and gas is driving the growth of the Professional Mobile Radio (PMR) System Market. The development of advanced technologies such as LTE and 5G is expected to drive the demand for Professional Mobile Radio (PMR) System Market that can seamlessly integrate with these technologies. Increasing adoption of IoT and smart city initiatives is expected to drive the demand for Professional Mobile Radio (PMR) System Market that can support these applications. Rising demand for efficient communication systems in emerging economies is expected to provide growth opportunities for the Professional Mobile Radio (PMR) System Market.
Professional Mobile Radio (PMR) System Market Regional Insights
North America is expected to hold the largest share of the Professional Mobile Radio (PMR) System Market throughout the forecast period. The presence of large number of customers in this region and the early internet revolution happened in the region is expected to drive the North America Professional Mobile Radio (PMR) System Market.
Asia Pacific is expected to grow in the Professional Mobile Radio (PMR) System Market throughout the forecast period. Several software developers, professional services providers and integrators across wide scale industries are establishing their bases in the developing economies such as China and India which is the major driving factor in Asia Pacific Professional Mobile Radio (PMR) System Market.
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Professional Mobile Radio (PMR) System Market Segmentation
By Technology:
Digital Technology
TETRA (Terrestrial Trunked Radio)
TETRAPOL
Project 25 (P25)
DMR (Digital Mobile Radio)
Others (NXDN, dPMR, PDT etc.)
Analog Technology
By Application:
Commercial
Retail
Transportation
Utility
Mining
Others
Public Safety
Military & Defense
Home Security
Emergency & Medical Services
Fire Department
Others
Professional Mobile Radio (PMR) System Market Key Players Include:
Sepura PLC.,
Motorola Solutions, Inc.,
Harris Corporation,
Jvckenwood Corporation,
Tait Communications,
Codan Radio Communications,
Hytera Communications Corporation Limited,
Raytheon Company
Airbus Group
Thales
Sepura
Cartel Communication Systems
EXACOM
PowerTrunk
Simoco
Uniden
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Table of Content for Global Professional Mobile Radio (PMR) System Market:
Global Professional Mobile Radio (PMR) System Market: Research Methodology
Global Professional Mobile Radio (PMR) System Market: Executive Summary
Market Overview and Definitions
Introduction to Global Market
Summary
Key Findings
Recommendations for Investors
Recommendations for Market Leaders
Recommendations for New Market Entry
Global Professional Mobile Radio (PMR) System Market: Competitive Analysis
MMR Competition Matrix
Market Structure by region
Competitive Benchmarking of Key Players
Consolidation in the Market
M&A by region
Key Developments by Companies
Market Drivers
Market Restraints
Market Opportunities
Market Challenges
Market Dynamics
PORTERS Five Forces Analysis
PESTLE
Regulatory Landscape by region
North America
Europe
Asia Pacific
Middle East and Africa
South America
COVID-19 Impact
Global Professional Mobile Radio (PMR) System Market Segmentation
Global Market, by Technology (2021-2029)
Global Market, by Application (2021-2029)
Regional Professional Mobile Radio (PMR) System Market (2021-2029)
Regional Market, by Technology (2021-2029)
Regional Market, by Application (2021-2029)
Regional Market, by Country (2021-2029)
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Company Profile: Key players
Company Overview
Financial Overview
Global Presence
Capacity Portfolio
Business Strategy
Recent Developments
Key Offerings:
Past Market Size and Competitive Landscape (2018 to 2021)
Past Pricing and price curve by region (2018 to 2021)
Market Size, Share, Size & Forecast by different segment | 2022-2029
Market Dynamics - Growth Drivers, Restraints, Opportunities, and Key Trends by region
Market Segmentation - A detailed analysis by Technology, Application
Competitive Landscape - Profiles of selected key players by region in strategic perspective
Competitive landscape - Market Leaders, Market Followers, Regional player
Competitive benchmarking of key players by region
PESTLE Analysis
PORTER's analysis
Value chain and supply chain analysis
Legal Aspects of business by region
Lucrative business opportunities with SWOT analysis
Recommendations
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Maximize Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology and communication, cars and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.
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