Terrestrial Trunked Radio (TETRA) Market Poised to Grow at Nearly 12% CAGR through 2025

According to a latest study based on terrestrial trunked radio (TETRA) titled “Terrestrial Trunked Radio (TETRA) Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2017 – 2025” added recently to the databse of Market Research Hub (MRH), the global market of terrestrial trunked radio has been estimated to generate US$12,166.7 mn in value by 2025. Additionally, the study also expects the terrestrial trunked radio market to exhibit a CAGR of 11.97% during the assessment period from 2017 to 2025.

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The informative report contains an executive summary that provides key information of the global terrestrial trunked radio market. The executive summary section while providing market overview shares details in numbers such as market share and CAGR making the report very useful for new entrants planning to enter into the market. The report has sections of key developments and market overview that provides basic information of the global terrestrial trunked radio market. The market overview section begins with introduction to the market followed by market dynamics such as drivers, restraints and opportunities to understand factors influencing and affecting the growth of the global terrestrial trunked radio market.

According to the report, the on-time requirement for transmitting critical information among public safety agencies such as fire department and police, is one of the factors driving the global terrestrial trunked radio market.
In the insightful study provides historical and forecasted market analysis from 2015 to 2025 including market revenue projections in USD. The report uses certain analysis techniques such as porter’s five force model and eco-system analysis to provide 360 degree view of performance of global terrestrial trunked radio market.

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For in-depth analysis, the global terrestrial trunked radio market has been divided into segments which are application, components, device type and region. For these segments, the report provides details of overview, definitions, historical and forecasted market size from 2015 to 2025 and market attractiveness. The application segments is further sub-segmented into transportation & logistics, aviation, oil & gas, public safety and others.

As per the report analysis, the public safety application segment is expected to lead among other segments and hold the highest share as more and more terrestrial trunked radio is being adapted by public safety agencies. The components segment is bifurcated into hardware, software and services. The report evaluates that services segment is expected to exhibit a CAGR of 12.11% during the forecast period.

The device type segment is categorized into portable and vehicular. Among these portable sub-segment is expected to lead the market share. In the last segment of region, the market is divided geographically into North America, Europe, Asia Pacific, South America and Middle East & Africa. Out of these regions, the report evaluates Asia Pacific region to be a performing region during the assessment period.

The report also shares profile for some of the key players operating in the global terrestrial trunked radio market. Some of these are Motorola Solutions, Damm Cellular Systems A/S, Rolta India Limited, Cobham Plc. And Hytera Communications.

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