Global Market Size of Terrestrial Trunked Radio Market – 10 Year Market Forecast

Semiconductor

Terrestrial Trunked Radio Market Size Forecast 2022-2029

Terrestrial Trunked Radio is estimated to have a market value of USD 7.86 Billion in the year 2022 and is expected to grow to USD 17.97 Billion in the year 2029, giving a CAGR of 13%. Factors such as rise in requirement for efficient critical communication in public safety applications could drive this market towards growth. However, high investment and maintenance cost could act as a restraint in this growth.

Frequently Asked Questions(FAQ)

• What is Global Market Database?

• Global Market Database studies business units across 600+ markets and 12 different industries including the Terrestrial Trunked Radio market.
• What is the forecast period for this market report?

• The forecast period for this market report is between 2022-2029.
• Who are the key players of this market?

• Sepura PLC, HYTERA Communications Corporation Limited and ROLTA India Limited are some of the key players of this market.
• How many countries are considered for this market report?

• 20 countries are considered for this market report.
• What are the segments of this market?

• The segments of this market are by application, region and components.

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