A walkie-talkie is a hand-held, portable, two-way radio transceiver, which is equipped with a microphone and speaker. A wearable digital walkie-talkie is a compact, battery-operated, and wearable transmitting and receiving communication device. It is used for various applications including personal activity, commercial activity, store activity, training activity, tourism activity, military, and law enforcement. The global wearable digital walkie-talkie market focuses on five regions namely North America, Latin America, Europe, Asia Pacific, and Middle East & Africa.
Market Dynamics
Rising disposable income and global consumer expenditure is the major factor boosting the demand for digital walkie-talkies. Furthermore, growing population, especially in emerging economies such as Asia Pacific is expected to drive growth of the global wearable digital walkie-talkie market during the forecast period. Consumer electronics industry across the globe, especially in emerging economies such as India and China is expanding rapidly. According to the India Brand Equity Foundation (IBEF), the Indian appliance and consumer electronics market was valued at US$ 10.93 billion in 2019 and is expected to reach US$ 21.18 billion by 2028. Evolution of consumer preference for connected devices is boosting the demand for the wearable digital walkie-talkie. Hence, these factors are expected to hinder the global wearable digital walkie-talkie market growth in the near future.
Market Taxonomy
This report segments the Wearable Digital Walkie-Talkie Market on the basis of Application and Region. On the basis of Application, Wearable Digital Walkie-Talkie Market is segmented into General Consumer (Personal Activity, Store Activity, Tourism Activity, Commercial Activity and Training Activity) and Public Institution (Military Use and Law Enforcement On the basis of region, Wearable Digital Walkie-Talkie Market is segmented into North America, Latin America, Europe, Asia pacific, Middle East and Africa.
Key features of the study:
Detailed Segmentation:
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Detailed Segmentation
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