Professional Mobile Radio (PMR) Market Landscape to 2034: Key Forces Shaping the Next Decade of Growth

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How Large Will the Professional Mobile Radio (PMR) Market Size By 2025?
A significant expansion has been seen in the professional mobile radio (PMR) market size in past few years. It is predicted that there will be an increase from $26.26 billion in 2024 to $30.01 billion in 2025, marking a compound annual growth rate (CAGR) of 14.3%. Several factors contributing to this growth in the previous period include surging globalization and interconnectivity, the adoption of working remotely at a higher rate, increasing demand for mobile communication and adherence to government regulations and standards, along with an emphasis on increased public safety.

How Big Is the Professional Mobile Radio (PMR) Market Size Expected to Grow by 2029?
The market for professional mobile radio (PMR) is projected to experience significant expansion in the coming years, with a predicted growth to $50.59 billion in 2029 at a compound annual growth rate (CAGR) of 13.9%. The predicted growth in this period can be linked to a higher utilization of land mobile radios, the demand for cross-functional communication, a rise in broadband networks, a heightened risk of cyber attacks, and increased emphasis on environmental sustainability. Key trends to watch during this forecast period comprise improvements in radio technology, sophisticated radio communication systems, convergence with Internet of Things (IoT) and artificial intelligence (AI) technologies, mission-vital communication, long-term evolution (LTE) technology, and cloud-based solutions.

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Which Key Market Drivers Powering Professional Mobile Radio (PMR) Market Expansion and Growth?
The surge in embracing measures for public safety is expected to boost the expansion of the professional mobile radio (PMR) market. Public safety is the responsibility of the government to protect the public and ensure their welfare, mitigating any potential harm or danger. The escalation in public safety issues stems from various factors such as worldwide events and crises, environmental issues, disparities in socioeconomic status, and shifting political and social dynamics. Professional mobile radio (PMR) is a crucial communication device that offers wide coverage, often engineered with additional features to ensure that in times of emergency, responders have unhindered communication access, without any clash with civilian network traffic. For instance, as per the National Crime Records Bureau (NCRB), an agency in India tasked with the collection and analysis of crime data, reported that 4,45,256 cases of crime against women were registered in 2022, marking a 4% increase from the prior year in December 2023. Moreover, Statistics Canada, a Canadian government agency, reported that police noted 874 homicides in Canada in 2022 which is 78 more than the previous year in July 2023. Consequently, the heightened need for public safety is fuelling the professional mobile radio (PMR) market.

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Which Fast-Growing Trends Are Poised to Disrupt the Professional Mobile Radio (PMR) Market?
Key industry players in the professional mobile radio (PMR) market are striving to create innovative solutions, such as digital mobile radio (DMR), to secure a strong foothold in the industry. DMR is a digital radio standard devised for PMR systems that are largely employed by corporates, governmental bodies, and other entities for secure voice and data exchange in private radio networks. For example, in July 2022, Hytera Communications Corporation Limited, a well-known telecommunications equipment firm from China, unveiled its latest range of professional mobile radios incorporated with 5G, DMR, and LTE technologies. Their new range includes AP & BP Series business radios, H Series DMR radios, Push-to-Talk over Cellular (PoC) radios, and Body Worn Camera, tailored to facilitate seamless operations for businesses and government institutions across numerous indoor and outdoor working setups in Indonesia. These units deliver comprehensible and dependable digital voice interactions, and exhibit superior audio quality and noise suppression features.

What Are the Emerging Segments in 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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Who Are the Global Leaders in the Professional Mobile Radio (PMR) Market?
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

Which are the Top Profitable Regional Markets for the Professional Mobile Radio (PMR) Industry?
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.

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