Land Mobile Wireless Systems Market to grow at a growth rate of 6.2 percent reaching USD 29.52 Billion by 2029

Land Mobile Wireless Systems Market is segmented based on Technology, Type, Application, and region. The bottom-up approach was used to estimate the Land Mobile Wireless Systems Market growth.


Dublin, May 04, 2023 (GLOBE NEWSWIRE) -- Maximize Market Research, a global Information Technology & Telecommunication market research firm has published a competitive intelligence market research report on the “Land Mobile Wireless Systems Market“. The Land Mobile Wireless Systems market size was valued at USD 19.88 Billion in 2022. The total Land Mobile Wireless Systems Market revenue is expected to grow at a CAGR of 6.2 percent from 2022 to 2029, reaching USD 29.52 Bn by the end of the forecast period.

Market Size in 2022USD 19.88 Bn
Market Size in 2029USD 29.52 Bn
CAGR6.2 percent (2023-2029)
Forecast Period2023-2029
Base Year2022
Number of Pages265
No. of Tables129
No. of Charts and Figures121
Segment CoveredBy Technology, Type and Application
Regional ScopeNorth America, Europe, Asia Pacific, Middle East and Africa, South America
Report CoverageMarket Share, Size & Forecast by Revenue | 2022−2029, Market Dynamics, Growth Drivers, Restraints, Investment Opportunities, and Key Trends, Competitive Landscape, Key Players Benchmarking, Competitive Analysis, MMR Competition Matrix, Competitive Leadership Mapping, Global Key Players’ Market Ranking Analysis.

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Land Mobile Wireless Systems Market Report Scope and Research Methodology

The report on Land Mobile Wireless Systems Market provides an in-depth analysis of the industry. Key highlights of the report include the market size and the growth rate. Key insights of the report include the major applications and drivers of the market, challenges to growth, and opportunities for Land Mobile Wireless Systems market growth. The report covers a thorough regional analysis of the Land Mobile Wireless Systems industry at the local, regional and global levels.

The report covers the Land Mobile Wireless Systems market strategies followed by major players and provides their analysis based on growth in the last few years in the industry which helps investors and major companies decide their investments and make data-driven decisions. The primary and secondary research method was used to collect the data from the Land Mobile Wireless Systems market. Data from the supply and demand side were collected to estimate the Land Mobile Wireless Systems market size. Key players in Land Mobile Wireless Systems Market are identified through secondary research. Secondary research was used to collect information for the extensive, market-oriented, and commercial analysis of the Land Mobile Wireless Systems Market. Regional analysis of the Market is conducted at the country, regional and global levels.

Land Mobile Wireless Systems Market Overview

The Land Mobile Wireless System is a wireless communication system used in terrestrial environments. This Land Mobile Wireless Systems market includes a wide range of products and services, such as handheld radios, base stations, repeaters, mobile data terminals, and other infrastructure components. The Land Mobile Wireless Systems market is expected to grow significantly over the next few years driven by increasing demand for reliable and secure communication in critical industries such as public safety, utilities, and transportation that need reliable and secure communication.

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The growing industry demand for reliable and secure communication systems to drive the Market

The Land Mobile Wireless Systems Market is being driven by the growing demand for reliable and secure communication systems in various industries, such as public safety, utilities, transportation, and others. These industries rely heavily on wireless communication to communicate critical information and coordinate their operations effectively. For example, in the public safety industry, Land Mobile Wireless Systems are crucial for emergency response and coordination between different agencies during critical situations. In the utility industry, these systems are used to ensure the smooth operation and maintenance of infrastructure such as power grids and pipelines. As these industries continue to grow and evolve, the demand for more advanced and reliable communication systems is increasing. This is driving the growth of the Land Mobile Wireless Systems Market during the forecast period.

Government policies play a crucial role in shaping the Land Mobile Wireless Systems Market

In the United States, the Federal Communications Commission (FCC) regulates the use of radio frequencies and sets standards for Land Mobile Wireless Systems to ensure interoperability between different agencies and systems. In addition, government agencies, such as the Department of Homeland Security and the Department of Transportation, provide guidelines and regulations for the use of Land Mobile Wireless Systems in their respective industries. Furthermore, the Government initiatives like the Smart Cities program in India, which aims to develop technology-driven solutions for urban infrastructure and services also drive the adoption of Land Mobile Wireless Systems.

North American region is expected to boost the Land Mobile Wireless Systems Market growth

North America is currently the largest market for Land Mobile Wireless Systems. The United States is the primary contributor to the growth of this market in the region, driven by the high demand for reliable communication systems in the public safety industry. The adoption of Next Generation 911 (NG911) standards is also driving the growth of the Land Mobile Wireless Systems market in the region.

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Land Mobile Wireless Systems Market Segmentation

By Technology

• Analog Systems

• Digital Systems

By Type

• Portable Systems

• Mobile Systems

By Application

• Public Safety

• Transportation

• Utilities

Based on the Technology, the Digital Systems Segment is expected to hold the highest market share during the forecast Period. Digital technologies like P25, DMR, and TETRA are gaining traction due to their ability to provide secure and reliable communication.

Based on the Application, The Land Mobile Wireless Systems Market is segmented by end-user, which includes government agencies, public safety organizations, transportation providers, and others. Public safety organizations are the primary users of Land Mobile Wireless Systems, followed by utilities and transportation providers.

Land Mobile Wireless Systems Market Key Players Include:

  • Harris Corporation (US)
  • Raytheon Company (US)
  • Motorola Solutions (US)
  • BK Technologies (US)
  • Maxon America, Inc. (US)
  • Codex Radio Systems Inc. (Canada)
  • Technisonic Industries Ltd. (Canada)
  • NRC Radio Ltd. (UK)
  • Simoco Wireless Solutions (UK)
  • Entel UK Limited (UK)
  • Sepura plc (UK)
  • Rohde & Schwarz (Germany)
  • Thales Group (France)
  • Airbus Defence and Space (France)
  • Nokia Networks (Finland)
  • JVCKENWOOD Corporation (Japan)
  • Icom Inc. (Japan)
  • Hytera Communications Corporation Limited (China)
  • Huawei Technologies Co. Ltd (China)
  • Kirisun Communications Co. Ltd (China)
  • Codan Communications (Australia)
  • Tait Communications (New Zealand)
  • Ituran (Israel)
  • RAY Solutions (Dubai)
  • Al-Fattan Engineering (UAE)
  • Prointec (Colombia)

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Key questions answered in the Land Mobile Wireless Systems Market are:

  • What is Land Mobile Wireless Systems?
  • What was the Land Mobile Wireless Systems market size in 2021?
  • What is the expected Land Mobile Wireless Systems market size by 2029?
  • What is the growth rate of the Land Mobile Wireless Systems Market?
  • Which are the factors expected to drive the Land Mobile Wireless Systems market growth?
  • Which factors are expected to restrain the Land Mobile Wireless Systems market growth?
  • Which segment dominated the Land Mobile Wireless Systems market growth?
  • What is the demand pattern for the Land Mobile Wireless Systems market?
  • Which region held the largest share in the Land Mobile Wireless Systems market?
  • Who are the key players in the Land Mobile Wireless Systems market?

Key Offerings:

  • Past Market Size and Market Competitiveness (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, Challenges, and Key Trends by region
  • Market Segmentation – A detailed analysis by Technology, Type and Application
  • Competitive Landscape –A detailed scenario of the competitive environment in the global market
    • Competitive landscape – Market Leaders, Market Followers, Regional player
    • Competitive benchmarking of key players by region based on Technique, application, end-user, and region.
    • Market Consolidations – Mergers, Acquisitions, Joint Ventures, Partnerships.
    • Company Profiles – Business Overview, Financial Overview, Business Strategy, SWOT Analysis, Recent Development.
  • PESTLE Analysis
  • PORTER’s analysis
  • Value chain and supply chain analysis
  • Legal Aspects of Business by Region
  • Key Takeaways
  • Industry Recommendations

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