Walkie Talkie Market 2019 Global Trends, Sales Revenue, Industry Segments, Emerging Technologies, Competitive Landscape, Top Key Players and Size by Forecast to 2023
Walkie Talkie Market
Overview:
The market is growing due to several major factors such
as the rising adoption of radio communication spectrum in commercial usage.
Although there are standards being set by the government of different countries
that must comply with frequency range and spectrum allocation. In most of the
European countries, PMR446 is used as a radio communication standard. This is
an open licence standard, however this standard cannot be used in other
countries, that are not complying with it.
Walkie talkie is device used to communicate over a short
distance by using radio waves. Walkie talkie have a huge market in military and
defence and now is seeing a huge implications in commercial and security
applications. Many of the central and local government authorities are
investing in walkie talkies for their enforcement for an efficient and
congestion free radio communication for their officers.
Another major factor that fuels the market growth is the
rising concern of security and incidence of crime. The U.S., the Middle East
and parts of Asia Pacific have seen a continuous rise in crime rates. This has
encouraged the government authorities to deploy walkie talkies for efficient
and hassle free radio communication among the law enforcement.
Major Key
Players:
The prominent players in the walkie talkie market are
Motorola Solutions, Hytera Communications, JVCKENWOOD, ICOM, Tait
Communications, Abel, Cobra Electronics, Kirisun Communications, Shenzhen HQT
Science and Technology, Uniden, and Wintec among others, are profiled in Market
Research Future analysis and are at the forefront of competition in the global
walkie talkie market. The prominent vendors are aiming to invest more in
technology, research and development to innovate and expand their present
product portfolio.
Industry
News:
February
2018, Walkie-talkie edge for RMC team. The
municipal corporation of Ranchi (India) is set of deploy walkie talkies for
their officers to enhance the mode of communication over a radius of 1 km. the
corporation committee stated that Walkie Talkie Market
will benefit the enforcement officers by network congestion on mobile
communication and will decrease the need of cell towers.
January
2018, Orion Labs Launches App Talk, Extending the Simplicity of Walkie-Talkies
to All iOS Devices. The company recently launched their smartphone
application, known as App Talk. This application in a smartphone can enable the
smartphones to work as walkie talkie by simply enabling a talk button.
This technology was earlier introduced in Nokia mobile
phones known as Push-to-Talk communication, in-built in the handsets, where the
communication took place on radio waves. The users of this application will be
able to enhance their voice based communication. The company had been targeting
government, enterprises and students and will look forward to target these
sectors.
Walkie Talkie Global
Market Segmentation:
Segmentation by product type: analog walkie talkie, digital walkie talkie
Segmentation by application: government and public safety, commercial,
industry and commerce, others
Segmentation by region: North America, Europe, Asia Pacific, Latin
America, Middle East & Africa.
Walkie Talkie Global
Market Regional Analysis:
The geographical analysis of the walkie talkie
market is segmented into North America, Europe, Asia Pacific and rest of the
world. Out of these regions, North America market is mainly dominating the
walkie talkie market. This is majorly due to rising need of security
communication in commercial sectors, the growing advancement in technology
adoption, presence of one of the major walkie talkie manufacturer, Motorola
Solutions.
On the other hand, Europe claims the second
spot in this market. However, there has been a high growth during the forecast
period by Asia Pacific. This growth is majorly due to growing advancement and
globalization, growing number of walkie talkie usage in tourism, retail and
other commercial sectors, in India, China, Malaysia, Singapore, Australia, and
Japan.
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