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TERRESTRIAL TRUNKED RADIO MARKET SIZE AND SHARE ANALYSIS - GROWTH TRENDS AND FORECASTS (2023 - 2030)

Terrestrial Trunked Radio Market, By Technology (Digital, Analog, Professional Mobile Radio System, Trunked Radio System), By Application (Transportation, Utility, Mining, Military and Defense, Commercial, Others), By Component (Infrastructure, Terminals, Software), By Frequency (25-174 MHz, 200-512 MHz, 700 MHz & above), By Geography (North America, Latin America, Europe, Asia Pacific, Middle East & Africa)

Terrestrial Trunked Radio Market Size and Trends

The global terrestrial trunked radio market size is estimated to be valued at US$ 5.25 Billion in 2023 and is expected to reach US$ 9.78 billion by 2030, grow at a compound annual growth rate (CAGR) of 9.3% from 2023 to 2030.

The terrestrial trunked radio market is segmented by technology, application, component, frequency, and region. By technology, the market is segmented into digital, analog, professional mobile radio system, and trunked radio system. The digital technology segment is expected to dominate the market over the forecast period due to advantages such as enhanced capacity, improved audio quality, and increased security.

Terrestrial Trunked Radio Market Trends:

  • Adoption of IoT and Big Data Solutions: Integration of sensors, IoT (Internet of Things) connectivity, and big data analytics is enabling intelligence enhancements across TETRA networks. Capturing health, location, and situational data from network infrastructure and connected devices facilitates predictive maintenance, automation and data-driven decision making. AI-enabled analytics help derive actionable insights from the massive amount of data. Such smart networks deliver greater value and help justify investments for public safety organizations.
  • Development of Multi-technology Devices: Vendors are introducing multi-technology devices capable of supporting multiple network technologies such as TETRA, LTE, and WiFi within a single portable device. This allows users to take advantage of both broadband high-speed data and the reliability of TETRA networks. Dynamic switching between networks ensures access to critical voice services in all situations. Demand for such hybrid devices is expected to rise with mission-critical users looking to enhance capabilities.
  • Emergence of Cloud-based Solutions: The migration of critical communications platforms to private and public cloud infrastructure is a noticeable trend. Cloud-based TETRA enables scalable solutions to be accessed through web-based portals without extensive hardware deployment. Features such as virtual networks, cloud-managed services, and over-the-air programming reduces costs. As cloud platforms mature in terms of cybersecurity and resilience, adoption of cloud-supported TETRA will accelerate.
  • Development of TETRA Direct Mode Repeaters: Repeater systems are being increasingly deployed to provide coverage across challenging environments such as underground tunnels and remote rural areas through extended TETRA radio coverage. Direct-mode repeaters allow user-to-user communications without network infrastructure. Such solutions are gaining prominence to expand networks and enhance reliability of radio communications in difficult terrain.

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