New report says: "Military and Defense Drives the TETRA Market"?
According to a new report, published by ResearchandMarkets, the terrestrial trunked radio market is expected to reach USD 4.40 billion by 2022, at a CAGR of 17.08% between 2017 and 2022.
ResearchandMarkets says that the major reason for the growth of the terrestrial trunked radio is the growing demand for mission critical communications globally, transition of radio communication devices from analog to digital, and growing use of mobile radio communications in the transportation industry.
On the other side, high infrastructure cost for TETRA networks is a major restraining factor for the growth of the terrestrial trunked radio market.
“Military and defense drives the terrestrial trunked radio market; it held the largest market share in 2016.”
Furthermore the report says that Military and Defense is driving the growth of TETRA for mission critical operations. Portable and vehicular radios are now available with inbuilt world class standard TETRA to cater to the needs of critical and seamless communications in military and defense, and homeland security. These factors are expected to propel the growth of the terrestrial trunked radio market for defense and homeland security applications.
“Asia Pacific is expected to be the fastest-growing market.”
This report covers the terrestrial trunked radio market in North America, Europe, Asia Pacific (APAC), and Rest of the World (RoW). The terrestrial trunked radio market in APAC is expected to grow at the highest CAGR between 2017 and 2022. Europe is the largest region for the terrestrial trunked radio market. The high adoption of TETRA networks in public and commercial applications, and presence of established players are some of the important factors that have contributed to the growth of the terrestrial trunked radio market in this region.
Editor Note: Over the last few years a large number of reports have been published that are related to the sales of TETRA infrastructure and devices globally. From other reliable reports, we know that the majority of marketshare for TETRA is in the Public Safety Sector and not in the Military and Defence industry. Furthermore, the report mentions key players in the terrestrial trunked radio market such as JVCKenwood, Bitea and Rolta. We seriously question if these companies are key players in the global TETRA market.
These are enough reasons for us to question if this report reflects the right picture.
Your comments are welcome: info@tetra-applications.com
