Walkie-Talkie Market to grow by USD 2.17 Bn, Shift To Digital Radios to Boost Growth - Technavio
Friday, October 14, 2022
NEW YORK, Oct. 11, 2022 /PRNewswire/ -- The walkie-talkie market size is expected to grow by USD 2.17 billion during 2021-2026, at a CAGR of 6.04% during the forecast period, according to Technavio. The shift to digital radios, use of LTE in walkie-talkies, and increased demand for IoT-based walkie-talkies will offer immense growth opportunities.
However, data congestion, economic slowdown, and limitations of LMR technology will challenge the growth of the market participants. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments. Request Free Sample Report.
Walkie-Talkie Market Segmentation
-- Product
-- Digital
-- Analog
-- Application
-- Industry And Commerce
-- Government And Utility
-- Defense
-- Geography
-- APAC
-- North America
-- Europe
-- South America
-- Middle East And Africa
Walkie-Talkie Market Scope
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. Our walkie-talkie market report covers the following areas:
-- Walkie-Talkie Market size
-- Walkie-Talkie Market trends
-- Walkie-Talkie Market industry analysis
This study identifies the convergence of LTE networks with LMR technology as one of the prime reasons driving the walkie-talkie market growth during the next few years. Buy Sample Report.
Walkie Talkie Market Vendor Analysis
We provide a detailed analysis of around 25 vendors operating in the Walkie Talkie Market, including some of the vendors such as vendors Backed with competitive intelligence and benchmarking, our research reports on the Walkie Talkie Market are designed to provide entry support, customer profile and M&As as well as go-to-market strategy support.
-- Cedar Electronics Corp.
-- Entel UK Ltd.
-- Fujian Baofeng Electronics Co. Ltd
-- Fujian BelFone Communications Technology Co. Ltd.
-- Garmin Ltd.
-- Hytera Communications Corp. Ltd.
-- Icom Inc.
-- JVCKENWOOD Corp.
-- Kirisun Communication Co. Ltd.
-- Midland Radio Corp.
-- Motorola Solutions Inc.
-- Quansheng Electronics Co. Ltd.
Find additional highlights on the growth strategies adopted by vendors and their product offerings, Download Free Sample Report.
Walkie-Talkie Market Key Highlights
-- CAGR of the market during the forecast period
-- Detailed information on factors that will assist walkie-talkie market
growth during the next five years
-- Estimation of the walkie-talkie market size and its contribution to the
parent market
-- Predictions on upcoming trends and changes in consumer behavior
-- The growth of the walkie-talkie market
-- Analysis of the market's competitive landscape and detailed information
on vendors
-- Comprehensive details of factors that will challenge the growth of
walkie-talkie market vendors
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Walkie Talkie Market Scope
Report Coverage
Details
Page number 120
Base year 2021
Forecast period
2022-2026
Growth momentum & CAGR Accelerate at a CAGR of 6.04%
Market growth 2022-2026
$2.17 billion
Market structure
Fragmented
YoY growth (%) 4.3
Regional analysis
APAC, North America, Europe, South America, and Middle East and Africa
Performing market contribution APAC at 50%
Key consumer countries
US, China, Japan, UK, and Germany
Competitive landscape
Leading companies, competitive strategies, consumer engagement scope
Companies profiled Cedar Electronics Corp., Entel UK Ltd., Fujian Baofeng Electronics Co. Ltd, Fujian BelFone Communications Technology Co. Ltd., Garmin
Ltd., Hytera Communications Corp. Ltd., Icom Inc., JVCKENWOOD Corp., Kirisun Communication Co. Ltd., Midland Radio Corp., Motorola
Solutions Inc., Quansheng Electronics Co. Ltd., Quanzhou Senhaixun Electronic Technology Co. Ltd, Shenzhen HQT Science and Technology
Co. Ltd, SWIFTCOM TECHNOLOGY PTE LTD., Tait International Ltd., TALKPRO, Uniden America Corp, and Wintec Co. Ltd.
Market Dynamics Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and
future consumer dynamics, and market condition analysis for the forecast period.
Customization purview If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.
Table Of Contents :
1 Executive Summary
-- 1.1 Market overview
-- Exhibit 01: Executive Summary - Chart on Market Overview
-- Exhibit 02: Executive Summary - Data Table on Market Overview
-- Exhibit 03: Executive Summary - Chart on Global Market
Characteristics
-- Exhibit 04: Executive Summary - Chart on Market by Geography
-- Exhibit 05: Executive Summary - Chart on Market Segmentation by
Product
-- Exhibit 06: Executive Summary - Chart on Market Segmentation by
Application
-- Exhibit 07: Executive Summary - Chart on Incremental Growth
-- Exhibit 08: Executive Summary - Data Table on Incremental Growth
-- Exhibit 09: Executive Summary - Chart on Vendor Market Positioning
2 Market Landscape
-- 2.1 Market ecosystem
-- Exhibit 10: Parent market
-- Exhibit 11: Market Characteristics
3 Market Sizing
-- 3.1 Market definition
-- Exhibit 12: Offerings of vendors included in the market definition
-- 3.2 Market segment analysis
-- Exhibit 13: Market segments
-- 3.3 Market size 2021
-- 3.4 Market outlook: Forecast for 2021-2026
-- Exhibit 14: Chart on Global - Market size and forecast 2021-2026 ($
million)
-- Exhibit 15: Data Table on Global - Market size and forecast
2021-2026 ($ million)
-- Exhibit 16: Chart on Global Market: Year-over-year growth 2021-2026
(%)
-- Exhibit 17: Data Table on Global Market: Year-over-year growth
2021-2026 (%)
4 Five Forces Analysis
-- 4.1 Five forces summary
-- Exhibit 18: Five forces analysis - Comparison between 2021 and 2026
-- 4.2 Bargaining power of buyers
-- Exhibit 19: Chart on Bargaining power of buyers - Impact of key
factors 2021 and 2026
-- 4.3 Bargaining power of suppliers
-- Exhibit 20: Bargaining power of suppliers - Impact of key factors in
2021 and 2026
-- 4.4 Threat of new entrants
-- Exhibit 21: Threat of new entrants - Impact of key factors in 2021
and 2026
-- 4.5 Threat of substitutes
-- Exhibit 22: Threat of substitutes - Impact of key factors in 2021
and 2026
-- 4.6 Threat of rivalry
-- Exhibit 23: Threat of rivalry - Impact of key factors in 2021 and
2026
-- 4.7 Market condition
-- Exhibit 24: Chart on Market condition - Five forces 2021 and 2026
5 Market Segmentation by Product
-- 5.1 Market segments
-- Exhibit 25: Chart on Product - Market share 2021-2026 (%)
-- Exhibit 26: Data Table on Product - Market share 2021-2026 (%)
-- 5.2 Comparison by Product
-- Exhibit 27: Chart on Comparison by Product
-- Exhibit 28: Data Table on Comparison by Product
-- 5.3 Digital - Market size and forecast 2021-2026
-- Exhibit 29: Chart on Digital - Market size and forecast 2021-2026 ($
million)
-- Exhibit 30: Data Table on Digital - Market size and forecast
2021-2026 ($ million)
-- Exhibit 31: Chart on Digital - Year-over-year growth 2021-2026 (%)
-- Exhibit 32: Data Table on Digital - Year-over-year growth 2021-2026
(%)
-- 5.4 Analog - Market size and forecast 2021-2026
-- Exhibit 33: Chart on Analog - Market size and forecast 2021-2026 ($
million)
-- Exhibit 34: Data Table on Analog - Market size and forecast
2021-2026 ($ million)
-- Exhibit 35: Chart on Analog - Year-over-year growth 2021-2026 (%)
-- Exhibit 36: Data Table on Analog - Year-over-year growth 2021-2026
(%)
-- 5.5 Market opportunity by Product
-- Exhibit 37: Market opportunity by Product ($ million)
6 Market Segmentation by Application
-- 6.1 Market segments
-- Exhibit 38: Chart on Application - Market share 2021-2026 (%)
-- Exhibit 39: Data Table on Application - Market share 2021-2026 (%)
-- 6.2 Comparison by Application
-- Exhibit 40: Chart on Comparison by Application
-- Exhibit 41: Data Table on Comparison by Application
-- 6.3 Industry and commerce - Market size and forecast 2021-2026
-- Exhibit 42: Chart on Industry and commerce - Market size and
forecast 2021-2026 ($ million)
-- Exhibit 43: Data Table on Industry and commerce - Market size and
forecast 2021-2026 ($ million)
-- Exhibit 44: Chart on Industry and commerce - Year-over-year growth
2021-2026 (%)
-- Exhibit 45: Data Table on Industry and commerce - Year-over-year
growth 2021-2026 (%)
-- 6.4 Government and utility - Market size and forecast 2021-2026
-- Exhibit 46: Chart on Government and utility - Market size and
forecast 2021-2026 ($ million)
-- Exhibit 47: Data Table on Government and utility - Market size and
forecast 2021-2026 ($ million)
-- Exhibit 48: Chart on Government and utility - Year-over-year growth
2021-2026 (%)
-- Exhibit 49: Data Table on Government and utility - Year-over-year
growth 2021-2026 (%)
-- 6.5 Defense - Market size and forecast 2021-2026
-- Exhibit 50: Chart on Defense - Market size and forecast 2021-2026 ($
million)
-- Exhibit 51: Data Table on Defense - Market size and forecast
2021-2026 ($ million)
-- Exhibit 52: Chart on Defense - Year-over-year growth 2021-2026 (%)
-- Exhibit 53: Data Table on Defense - Year-over-year growth 2021-2026
(%)
-- 6.6 Market opportunity by Application
-- Exhibit 54: Market opportunity by Application ($ million)
7 Customer Landscape
-- 7.1 Customer landscape overview
-- Exhibit 55: Analysis of price sensitivity, lifecycle, customer
purchase basket, adoption rates, and purchase criteria
8 Geographic Landscape
-- 8.1 Geographic segmentation
-- Exhibit 56: Chart on Market share by geography 2021-2026 (%)
-- Exhibit 57: Data Table on Market share by geography 2021-2026 (%)
-- 8.2 Geographic comparison
-- Exhibit 58: Chart on Geographic comparison
-- Exhibit 59: Data Table on Geographic comparison
-- 8.3 APAC - Market size and forecast 2021-2026
-- Exhibit 60: Chart on APAC - Market size and forecast 2021-2026 ($
million)
-- Exhibit 61: Data Table on APAC - Market size and forecast 2021-2026
($ million)
-- Exhibit 62: Chart on APAC - Year-over-year growth 2021-2026 (%)
-- Exhibit 63: Data Table on APAC - Year-over-year growth 2021-2026 (%)
-- 8.4 North America - Market size and forecast 2021-2026
-- Exhibit 64: Chart on North America - Market size and forecast
2021-2026 ($ million)
-- Exhibit 65: Data Table on North America - Market size and forecast
2021-2026 ($ million)
-- Exhibit 66: Chart on North America - Year-over-year growth 2021-2026
(%)
-- Exhibit 67: Data Table on North America - Year-over-year growth
2021-2026 (%)
-- 8.5 Europe - Market size and forecast 2021-2026
-- Exhibit 68: Chart on Europe - Market size and forecast 2021-2026 ($
million)
-- Exhibit 69: Data Table on Europe - Market size and forecast
2021-2026 ($ million)
-- Exhibit 70: Chart on Europe - Year-over-year growth 2021-2026 (%)
-- Exhibit 71: Data Table on Europe - Year-over-year growth 2021-2026
(%)
-- 8.6 South America - Market size and forecast 2021-2026
-- Exhibit 72: Chart on South America - Market size and forecast
2021-2026 ($ million)
-- Exhibit 73: Data Table on South America - Market size and forecast
2021-2026 ($ million)
-- Exhibit 74: Chart on South America - Year-over-year growth 2021-2026
(%)
-- Exhibit 75: Data Table on South America - Year-over-year growth
2021-2026 (%)
-- 8.7 Middle East and Africa - Market size and forecast 2021-2026
-- Exhibit 76: Chart on Middle East and Africa - Market size and
forecast 2021-2026 ($ million)
-- Exhibit 77: Data Table on Middle East and Africa - Market size and
forecast 2021-2026 ($ million)
-- Exhibit 78: Chart on Middle East and Africa - Year-over-year growth
2021-2026 (%)
-- Exhibit 79: Data Table on Middle East and Africa - Year-over-year
growth 2021-2026 (%)
-- 8.8 US - Market size and forecast 2021-2026
-- Exhibit 80: Chart on US - Market size and forecast 2021-2026 ($
million)
-- Exhibit 81: Data Table on US - Market size and forecast 2021-2026 ($
million)
-- Exhibit 82: Chart on US - Year-over-year growth 2021-2026 (%)
-- Exhibit 83: Data Table on US - Year-over-year growth 2021-2026 (%)
-- 8.9 China - Market size and forecast 2021-2026
-- Exhibit 84: Chart on China - Market size and forecast 2021-2026 ($
million)
-- Exhibit 85: Data Table on China - Market size and forecast 2021-2026
($ million)
-- Exhibit 86: Chart on China - Year-over-year growth 2021-2026 (%)
-- Exhibit 87: Data Table on China - Year-over-year growth 2021-2026
(%)
-- 8.10 Japan - Market size and forecast 2021-2026
-- Exhibit 88: Chart on Japan - Market size and forecast 2021-2026 ($
million)
-- Exhibit 89: Data Table on Japan - Market size and forecast 2021-2026
($ million)
-- Exhibit 90: Chart on Japan - Year-over-year growth 2021-2026 (%)
-- Exhibit 91: Data Table on Japan - Year-over-year growth 2021-2026
(%)
-- 8.11 UK - Market size and forecast 2021-2026
-- Exhibit 92: Chart on UK - Market size and forecast 2021-2026 ($
million)
-- Exhibit 93: Data Table on UK - Market size and forecast 2021-2026 ($
million)
-- Exhibit 94: Chart on UK - Year-over-year growth 2021-2026 (%)
-- Exhibit 95: Data Table on UK - Year-over-year growth 2021-2026 (%)
-- 8.12 Germany - Market size and forecast 2021-2026
-- Exhibit 96: Chart on Germany - Market size and forecast 2021-2026 ($
million)
-- Exhibit 97: Data Table on Germany - Market size and forecast
2021-2026 ($ million)
-- Exhibit 98: Chart on Germany - Year-over-year growth 2021-2026 (%)
-- Exhibit 99: Data Table on Germany - Year-over-year growth 2021-2026
(%)
-- 8.13 Market opportunity by geography
-- Exhibit 100: Market opportunity by geography ($ million)
9 Drivers, Challenges, and Trends
-- 9.1 Market drivers
-- 9.2 Market challenges
-- 9.3 Impact of drivers and challenges
-- Exhibit 101: Impact of drivers and challenges in 2021 and 2026
-- 9.4 Market trends
10 Vendor Landscape
-- 10.1 Overview
-- 10.2 Vendor landscape
-- Exhibit 102: Overview on Criticality of inputs and Factors of
differentiation
-- 10.3 Landscape disruption
-- Exhibit 103: Overview on factors of disruption
-- 10.4 Industry risks
-- Exhibit 104: Impact of key risks on business
11 Vendor Analysis
-- 11.1 Vendors covered
-- Exhibit 105: Vendors covered
-- 11.2 Market positioning of vendors
-- Exhibit 106: Matrix on vendor position and classification
-- 11.3 Entel UK Ltd.
-- Exhibit 107: Entel UK Ltd. - Overview
-- Exhibit 108: Entel UK Ltd. - Product / Service
-- Exhibit 109: Entel UK Ltd. - Key offerings
-- 11.4 Hytera Communications Corp. Ltd.
-- Exhibit 110: Hytera Communications Corp. Ltd. - Overview
-- Exhibit 111: Hytera Communications Corp. Ltd. - Product / Service
-- Exhibit 112: Hytera Communications Corp. Ltd. - Key offerings
-- 11.5 Icom Inc.
-- Exhibit 113: Icom Inc. - Overview
-- Exhibit 114: Icom Inc. - Business segments
-- Exhibit 115: Icom Inc. - Key offerings
-- Exhibit 116: Icom Inc. - Segment focus
-- 11.6 JVCKENWOOD Corp.
-- Exhibit 117: JVCKENWOOD Corp. - Overview
-- Exhibit 118: JVCKENWOOD Corp. - Business segments
-- Exhibit 119: JVCKENWOOD Corp. - Key news
-- Exhibit 120: JVCKENWOOD Corp. - Key offerings
-- Exhibit 121: JVCKENWOOD Corp. - Segment focus
-- 11.7 Kirisun Communication Co. Ltd.
-- Exhibit 122: Kirisun Communication Co. Ltd. - Overview
-- Exhibit 123: Kirisun Communication Co. Ltd. - Product / Service
-- Exhibit 124: Kirisun Communication Co. Ltd. - Key offerings
-- 11.8 Midland Radio Corp.
-- Exhibit 125: Midland Radio Corp. - Overview
-- Exhibit 126: Midland Radio Corp. - Product / Service
-- Exhibit 127: Midland Radio Corp. - Key offerings
-- 11.9 Motorola Solutions Inc.
-- Exhibit 128: Motorola Solutions Inc. - Overview
-- Exhibit 129: Motorola Solutions Inc. - Business segments
-- Exhibit 130: Motorola Solutions Inc. - Key offerings
-- Exhibit 131: Motorola Solutions Inc. - Segment focus
-- 11.10 Shenzhen HQT Science and Technology Co. Ltd
-- Exhibit 132: Shenzhen HQT Science and Technology Co. Ltd - Overview
-- Exhibit 133: Shenzhen HQT Science and Technology Co. Ltd - Product /
Service
-- Exhibit 134: Shenzhen HQT Science and Technology Co. Ltd - Key
offerings
-- 11.11 Tait International Ltd.
-- Exhibit 135: Tait International Ltd. - Overview
-- Exhibit 136: Tait International Ltd. - Product / Service
-- Exhibit 137: Tait International Ltd. - Key offerings
-- 11.12 Uniden America Corp
-- Exhibit 138: Uniden America Corp - Overview
-- Exhibit 139: Uniden America Corp - Product / Service
-- Exhibit 140: Uniden America Corp - Key offerings
12 Appendix
-- 12.1 Scope of the report
-- 12.2 Inclusions and exclusions checklist
-- Exhibit 141: Inclusions checklist
-- Exhibit 142: Exclusions checklist
-- 12.3 Currency conversion rates for US$
-- Exhibit 143: Currency conversion rates for US$
-- 12.4 Research methodology
-- Exhibit 144: Research methodology
-- Exhibit 145: Validation techniques employed for market sizing
-- Exhibit 146: Information sources
-- 12.5 List of abbreviations
-- Exhibit 147: List of abbreviations
Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
Contact
Technavio Research
Jesse Maida
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US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/
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