Press release
Emerging Trends Influencing The Growth Of The Professional Mobile Radio (PMR) Market: Innovative Digital Mobile Radio Solutions For Enhanced Communication Efficacy
Professional Mobile Radio (PMR)
How Big Is the Professional Mobile Radio (PMR) Market Size Expected to Be by 2034?
There has been a significant increase in the size of the Professional Mobile Radio (PMR) market in the past few years. The market, which was valued at $26.26 billion in 2024, is expected to reach $30.01 billion in 2025, registering a compound annual growth rate (CAGR) of 14.3%. The substantial growth observed in the previous years can be credited to factors such as intensifying globalization and interconnectivity, the rising trend of remote work, the need for mobile communication, government policies and regulations, and heightened concern for public safety.
The market for professional mobile radio (PMR) is projected to witness swift expansion in the coming years, reaching a value of $50.59 billion in 2029 with a compound annual growth rate (CAGR) of 13.9%. This surge during the projected timeline is tied to key factors such as the escalating demand for land mobile radios, the necessity for compatible communication, the expansion of broadband networks, the emerging cyber threat, and heightened focus on environmental sustainability. Noteworthy trends during this period are projected to be listed as improvements in radio technology, advanced radio communications systems, combination with Internet of Things (IoT) and artificial intelligence (AI) capabilities, mission-critical communication, long-term evolution (LTE) technology, and cloud-based options.
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What Are the Emerging Segments Within the Professional Mobile Radio (PMR) Market?
The professional mobile radio (PMR) market covered in this report is segmented -
1) By Frequency: 25 MHz-174 MHz (VHF), 450 MHz-512 MHz (UHF), 700 MHz And Above (SHF)
2) By Technology: Digital, Analog
3) By Application: Commercial, Public Safety
Subsegments:
1) By 25 MHz-174 MHz (VHF): Analog VHF PMR Radios, Digital VHF PMR Radios
2) By 450 MHz-512 MHz (UHF): Analog UHF PMR Radios, Digital UHF PMR Radios
3) By 700 MHz And Above (SHF): 700 MHz PMR Radios, 800 MHz PMR Radios, 900 MHz PMR Radios, Above 1 GHz PMR Radios
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What Long-Term Drivers Are Shaping Professional Mobile Radio (PMR) Market Trends?
An increase in the utilization for public safety is anticipated to fuel the expansion of the professional mobile radio (PMR) market. The term public safety encompasses the well-being and security of the broader public, which is a governmental obligation to safeguard individuals from threats and hazards. The escalating concerns for public safety are attributable to several reasons such as global incidents and crises, socioeconomic variations, environmental influences, and socio-political dynamics. The professional mobile radio (PMR) offers a vital communication medium that guarantees extensive reach, and is often equipped with additional features to ensure that emergency service providers can utilize communication channels when they are critically needed without disrupting civilian network traffic. For instance, as per the National Crime Records Bureau (NCRB), a governmental agency based in India tasked with gathering and scrutinizing crime data, in December 2023, there was a total of 4,45,256 reported cases pertaining to crimes against women in 2022, which was a 4% rise in comparison to 2021. Moreover, as per Statistics Canada, a governmental agency in Canada, in July 2023, there were 874 homicides reported by the police in Canada in 2022, which was 78 more than the previous year. Consequently, the upsurge in the usage for public safety is propelling the growth of the professional mobile radio (PMR) market.
Who Are the Top Competitors in Key Professional Mobile Radio (PMR) Market Segments?
Major companies operating in the professional mobile radio (PMR) market are Airbus SE, Rostec, Ericsson, Thales Group, L3Harris Technologies Inc., Motorola Solutions Inc., Maxon America Inc., JVCKenwood Corporation, SITA, VIAVI Solutions Inc., Kontron AG, Anritsu Corporation, Hytera Communications Corporation Limited, Icom Inc., Rexon Technology Co. Ltd., Sepura Limited, Zetron Inc., Uniden Holdings Corporation, Simoco Wireless Solutions, Midland Radio Corporation, Ritron Inc., PowerTrunk.com
What Professional Mobile Radio (PMR) Market Trends Are Gaining Traction Across Different Segments?
Leading firms in the professional mobile radio (PMR) market are concentrating on the development of innovative solutions like digital mobile radio (DMR) to establish a competitive advantage. DMR can be described as a digital radio standard specifically designed for PMR systems employed by businesses, governments, and different organisations for non-public radio networks' voice and data transmissions. For instance, in July 2022, Hytera Communications Corporation Limited, a company based in China that specializes in communication equipment, launched a new line of professional mobile radios embedded with 5G, DMR, and LTE technologies. The updated line of professional radios, which includes the AP & BP Series business radios, H Series DMR radios, Push-to-Talk over Cellular (PoC) radios, and Body Worn Camera, are fashioned to assure smooth operation for businesses and government agencies across varied indoor and outdoor work locations in Indonesia. These provide dependable and unambiguous digital voice communication, with enhanced audio quality and noise reduction features.
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Which Regions Are Becoming Hubs for Professional Mobile Radio (PMR) Market Innovation?
North America was the largest region in the professional mobile radio (PMR) market in 2024. The regions covered in the professional mobile radio (PMR) market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Frequently Asked Questions:
1. What Is the Market Size and Growth Rate of the Professional Mobile Radio (PMR) Market?
2. What is the CAGR expected in the Professional Mobile Radio (PMR) Market?
3. What Are the Key Innovations Transforming the Professional Mobile Radio (PMR) Industry?
4. Which Region Is Leading the Professional Mobile Radio (PMR) Market?
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