Terrestrial Trunked Radio (TETRA) is a professional mobile radio and two-way transceiver specification employed by various organizations and governmental bodies, including emergency services, transportation, military and security corporations. TETRA enables seamless communication between stationary and mobile radio users on demand. It offers features like direct and group calling, dispatch services, data services and emergency calling. TETRA networks provide real-time push-to-talk group communication and data transmission for monitoring, coordination and management. They are used in various public safety, commercial and industrial applications that require heightened security, reliability and interoperability.
The global terrestrial trunked radio market is estimated to be valued at US$ 5.25 Bn in 2023 and is expected to exhibit a CAGR of 9.3% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights.
Growing demand for reliable and secure communication: One of the primary drivers steering growth of the terrestrial trunked radio market is the growing demand for secured and reliable communication solutions among various industries. TETRA networks offers advanced features like encryption, authentication and prioritization that government and public safety organizations rely on. It ensures critical information is transmitted securely and efficiently even in hazardous situations.
Increased investments in network infrastructure modernization: Government agencies and enterprises are increasingly investing in upgrading their existing Land Mobile Radio (LMR) networks to integrated TETRA networks. This is spearheaded by need to adopt digital and IP-based technologies for real-time communication. Market players are launching innovative TETRA solutions integrated with IP networking and cloud-based technologies. This is expected to further fuel the demand over the forecast period.
The global terrestrial trunked radio market is dominated by the private/commercial segment. This segment accounts for over 60% of the total market share owing to high adoption of TETRA-based systems and DMR Tier III systems across various industries such as transportation, utilities, manufacturing, and construction. TETRA-based digital radio systems ensure secure, reliable, and flexible voice and data communication for organizations operating in wide areas. Additionally, public safety organizations across developed countries are increasingly adopting TETRA and DMR Tier III digital radio solutions to modernize their existing communication infrastructure.
Political: Government agencies and public safety organizations in Europe, North America, and Asia Pacific are undertaking modernization programs to upgrade existing legacy systems to digital TETRA and DMR solutions. This is positively impacting the adoption of terrestrial trunked radio systems.
Economic: The rising commercial infrastructure development and growing urbanization are augmenting the demand for reliable and flexible communication networks. This is driving the installation of TETRA and DMR-based radio systems across industries.
Social: Rapid digitization and increasing penetration of smartphones are compelling public safety organizations to integrate mobile and digital communication tools. This is fueling the integration of multimedia and location-based services with terrestrial trunked radio systems.
Technological: Leading vendors are focusing on integrating capabilities such as push-to-talk, messaging, vehicle tracking, and biometrics with terrestrial trunked radio systems. Additionally, the introduction of IoT and AI-based solutions is supporting the advancement of intelligent trunked radio applications.
Global Terrestrial Trunked Radio Market Demand is expected to witness high growth over the forecast period.
Regional analysis comprising Regional analysis related content Regional analysis related content The North American terrestrial trunked radio market is expected to grow at a steady pace during 2023-2030. The presence of leading solution providers along with modernization initiatives undertaken by government organizations are boosting market growth in the region.
Key players related content comprising Key players related content Key players operating in the terrestrial trunked radio market are Motorola Solutions, JVCKENWOOD, Hytera Communications, Sepura, Simoco Wireless Solutions, Tait Communications, Codan Radio Communications, Cisco Systems, Harris Corporation, and PowerTrunk. Key players are focusing on introducing cutting-edge radios with integrated applications such as Wi-Fi hotspots, ruggedized designs, and multi-platform connectivity options.
1. Source: Coherent Market Insights, Public sources, Desk research
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