Walkie Talkie Market Analysis APAC, North America, Europe, South America, Middle East and Africa - US, China, Japan, Germany, UK - Size and Forecast 2023-2027

Published: Oct 2023 Pages: 161 SKU: IRTNTR45118

Walkie Talkie Market Report 2023-2027:

The walkie talkie market size is estimated to grow at a CAGR of 6.92% between 2022 and 2027 and the size of the market is forecast to increase by USD 2,648.45 million. The growth of the market depends on several factors, such as the shift to digital walkie talkies, the use of LTE in walkie talkies, and the increased demand for IoT-based walkie talkies

This report extensively covers market segmentation by product (digital and analog), application (industry and commerce, government and utility, and defense), and geography (APAC, North America, Europe, South America, and Middle East and Africa). It also includes an in-depth analysis of drivers, trends, and challenges. 

What will be the Size of the Walkie Talkie Market During the Forecast Period?

Walkie Talkie Market Forecast 2023-2027

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Walkie Talkie Market Dynamics

Our researchers studied the data for years, with 2022 as the base year and 2023 as the estimated year, and presented the market's key drivers, trends, and challenges. Although there has been a disruption in the growth of the market during the COVID-19 pandemic, a holistic analysis of drivers, trends, and challenges will help companies refine marketing strategies to gain a competitive advantage.    

Driver- Shift to digital walkie talkies

There are several advantages of digital walkie talkies over analog counterparts, including the ability to recognize background noise and not transmit it and much clearer voice transmission. As a result, Digital radios are replacing walkie-talkies because they are more cost-effective and efficient. Digital radios come with features like GPS, data tracking, multiple conversations simultaneously, text messaging, and emergency alarms. Digital walkie talkies are mainly used in a broader area because they are more efficient

Moreover, because of these advantages, the users of walkie talkies are shifting to digital radios as they are beneficial both in terms of economy and efficiency. Some vendors sell walkie-talkies that have both simple and computerized capacities to increase the sales of their products. For example, Motorola Solutions Inc. launched the MOTOTRBO DP540 two-way radio through which they targeted cost-conscious businesses which were looking to shift to digital technology for communications. Hence, these advantages are expected to drive market growth during the forecast period.

Trends- Convergence of LTE networks with LMR technology

Because of the bandwidth limitations of traditional LMR networks, which are voice-centric, emergency services are interested in leveraging LTE networks to support rising data requirements. Long-term evolution (LTE) is the most preferred mobile broadband network due to its flourishing ecosystem, flexibility of spectrum, and metrics of performance. Also, the Third Generation Partnership Project (3GPP) has been working together for the past few years to implement the necessary changes to the LTE standard to meet public safety requirements.

Furthermore, raised need for broadband data applications is the major reason for adopting LTE in the LMR industry. These devices can only record events and cannot stream video in real-time. With the need for real-time situational updates, LTE-enabled recording devices can relay live video streams to the command center where the commander maintains real-time tactical situational awareness. Some vendors are also developing applications to support the integration of LMRs with smart devices. Hence, such factors are expected to positively impact the growth of the market during the forecast period.

Challenge- Increasing data congestion

Data congestion can be described as the degradation of service quality that happens when a network node sends more data than it can ideally handle. Effects of data congestion include packet loss, blocking of new connections, and queue delays. Data congestion results in a gradual increase in the offered load of data, eventually resulting in a small increase or decrease in network throughput.

Congestion generally occurs due to insufficient Bandwidth and network data traffic exceeding the capacity. Loss of packets, blocking of new connections, and queueing delays are consequences of data congestion. Thus, it results in an incremental increase in the offered load of data which finally results in a marginal increase or decrease in the network. Hence, these factors are expected to impede the growth of the market during the forecast period.

Walkie Talkie Market Segmentation by Product 

The digital segment will account for a major share of the market's growth during the forecast period.?Digital radios have the ability to detect background noise and avoid its transmission. Moreover, these radios are more efficient to deploy digital radio over a wider area. Digital radios are suitable for situations where there is a lot of background noise and need to be used over large areas such as factories, factories, and construction sites. Digital walkie talkies are steadily replacing traditional analog radios.

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The consumer goods segment was valued at USD 4,492.67 million in 2017 and continued to grow until 2021.? Digital radios also come with several features like data tracking, multiple conversations at once, text messaging, and emergency alarm. With digital walkie talkies multiple conversations are possible on one channel and they help to reduce bandwidth consumption. Enhanced text messages, unit IDs, and status buttons can be embedded into a digital radio channel. Owing to advanced algorithms, background noise is significantly reduced. Digital walkie talkies new software applications are available from time to time. Thus, such advantages of digital radios will drive market growth during the forecast period. 

Application Segment Analysis: 

Based on application, the market has been segmented into industry and commerce, government and utility, and defense. The industry and commerce segment will account for the largest share of this segment.?Businesses across various industries have different purposes and utilities for two-way radios. For instance, factory floors come up with some communication challenges in the manufacturing sector. By programming digital radios, instant alerts can be sent to managers, engineering, and maintenance officers, when there are production line interruptions. Furthermore, through apps, walkie-talkies evolve into full-featured digital devices that help businesses reach their efficiency, security, and productivity goals. DMR apps offer many features for users to communicate with each other. With the increasing demand for increased productivity and reduced downtime, remote software update delivery for digital radios has proven to be an important innovation. Though industrial and commercial applications of walkie talkies are growing, it is expected to fuel the market growth during the forecast period. 

Regional Analysis

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APAC is estimated to contribute 49% to the growth by 2027. Technavio’s analysts have elaborately explained the regional trends, drivers, and challenges that are expected to shape the market during the forecast period. The increasing demand for walkie talkies from the military forces due to the geopolitical tensions of different countries will facilitate the rapid procurement of walkie-talkies in this region. Countries such as China, South Korea, India, and Japan are rising their defense budgets to ensure national security. Walkie talkies provide secured two-way radio communications in military applications. Another key factor expected to drive the walkie talkie market in the region is the rapid growth of the warehouse management industry in the region. The industry's rapid growth is driven by factors such as rapid urbanization, strong growth in the e-commerce sector, and high disposable income in the region. Warehouses in the region are increasingly using rugged mobile computers, scanners, and smartphones.

Moreover, various industries in the region are increasingly adopting newer technologies to improve operational efficiency. The increase in sectoral maturity, the rise of small and medium-scale enterprises (SMEs), and the rising competition are factors that will drive the growth of the regional market during the forecast period. Rising demand for smartphones and increased investment in LTE networks are likely to slow down market growth. APAC is an important market for telecommunications companies due to the proliferation of smartphones and the growing number of unique mobile subscribers during the forecast period.

COVID Recovery Analysis:

The outbreak of COVID-19 had adversely impacted the regional market. However, the initiation of vaccination drives in H2 2020 led to a decline in the number of COVID-19 cases in the region. This has resulted in lifting COVID-19-related restrictions and reopening retail stores and manufacturing facilities, increasing the demand for walkie talkies from end-user industries during the forecast period. 

Who are the Major Walkie Talkie Market Vendors?

Vendors are implementing various strategies, such as strategic alliances, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence in the market.

Cedar Electronics Corp.: The company offers walkie talkies under the brand, Cobra Electronics.

Entel UK Ltd.: The company offers walkie talkies such as SAVOX C C550, CHP450D and DX, and CHP450HS single ear cup

We also have detailed analyses of the market’s competitive landscape and offer information on 20 market vendors, including:

Fujian Baofeng Electronics Co. Ltd., Fujian BelFone Communications Technology Co. Ltd., Garmin Ltd., Hytera Communications Corp. Ltd., Icom Inc., JVCKENWOOD Corp., Kirisun Communication Co. Ltd., Midland Radio Corp., Motorola Solutions Inc., Quansheng Electronics Co. Ltd., Quanzhou Senhaixun Electronic Technology Co. Ltd., Shenzhen HQT Science and Technology Co. Ltd., SWIFTCOM TECHNOLOGY PTE LTD., Tait International Ltd., TALKPRO, Uniden America Corp., VITAI Electronics Co. Ltd., and Wintec Co. Ltd.

Technavio report provides an in-depth analysis of the market and its players through combined qualitative and quantitative data. The analysis classifies vendors into categories based on their business approaches, including pure-play, category-focused, industry-focused, and diversified. Based on their quantitative data analysis, vendors are specially categorized into dominant, leading, strong, tentative, and weak.  

Segment Overview

The walkie talkie market report forecasts market growth by revenue at global, regional & country levels and provides an analysis of the latest trends and growth opportunities from 2017 to 2027. 

  • Product Outlook (USD Million, 2017 - 2027)
    • Digital
    • Analog
  • Application Outlook (USD Million, 2017 - 2027)
    • Industry and commerce
    • Government and utility
    • Defense
  • Region Outlook (USD Million, 2017 - 2027)
    • North America
      • The U.S.
      • Canada
    • Europe
      • The U.K.
      • Germany
      • France
      • Rest of Europe
    • APAC
      • China
      • India
    • South America
      • Chile 
      • Brazil
      • Argentina
    • Middle East & Africa
      • Saudi Arabia
      • South Africa
      • Rest of the Middle East & Africa

Walkie Talkie Market Scope

Report Coverage

Details

Page number

161

Base year

2022

Historic period

2017-2021

Forecast period

2023-2027

Growth momentum & CAGR

Accelerate at a CAGR of 6.92%

Market growth 2023-2027

USD 2,648.45 million

Market structure

Fragmented

YoY growth 2022-2023(%)

5.18

Regional analysis

APAC, North America, Europe, South America, and Middle East and Africa

Performing market contribution

APAC at 49%

Key countries

US, China, Japan, Germany, and UK

Competitive landscape

 Leading Vendors, Market Positioning of Vendors, Competitive Strategies, and Industry Risks

Key companies profiled

Cedar Electronics Corp., Entel UK Ltd., Fujian Baofeng Electronics Co. Ltd., Fujian BelFone Communications Technology Co. Ltd., Garmin Ltd., Hytera Communications Corp. Ltd., Icom Inc., JVCKENWOOD Corp., Kirisun Communication Co. Ltd., Midland Radio Corp., Motorola Solutions Inc., Quansheng Electronics Co. Ltd., Quanzhou Senhaixun Electronic Technology Co. Ltd., Shenzhen HQT Science and Technology Co. Ltd., SWIFTCOM TECHNOLOGY PTE LTD., Tait International Ltd., TALKPRO, Uniden America Corp., VITAI Electronics Co. Ltd., and Wintec Co. Ltd.

Market dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, and Market condition analysis for the forecast period. 

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

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What are the Key Data Covered in this Walkie Talkie Market Research Report?

  • CAGR of the market during the forecast period
  • Detailed information on factors that will drive the growth of the walkie talkie market between 2023 and 2027
  • Precise estimation of the walkie talkie market size and its contribution to the market in focus on the parent market
  • Accurate predictions about upcoming trends and changes in consumer behavior
  • Growth of the market across APAC, North America, Europe, South America, and Middle East and Africa
  • A thorough analysis of the market’s competitive landscape and detailed information about vendors
  • Comprehensive analysis of factors that will challenge the growth of walkie talkie market vendors

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1 Executive Summary

  • 1.1 Market overview
    • Exhibit 01: Executive Summary – Chart on Market Overview
    • Exhibit 02: Executive Summary – Data Table on Market Overview
    • Exhibit 03: Executive Summary – Chart on Global Market Characteristics
    • Exhibit 04: Executive Summary – Chart on Market by Geography
    • Exhibit 05: Executive Summary – Chart on Market Segmentation by Product
    • Exhibit 06: Executive Summary – Chart on Market Segmentation by Application
    • Exhibit 07: Executive Summary – Chart on Incremental Growth
    • Exhibit 08: Executive Summary – Data Table on Incremental Growth
    • Exhibit 09: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

  • 2.1 Market ecosystem
    • Exhibit 10: Parent market
    • Exhibit 11: Market Characteristics

3 Market Sizing

  • 3.1 Market definition
    • Exhibit 12: Offerings of vendors included in the market definition
  • 3.2 Market segment analysis
    • Exhibit 13: Market segments
  • 3.3 Market size 2022
    • 3.4 Market outlook: Forecast for 2022-2027
      • Exhibit 14: Chart on Global - Market size and forecast 2022-2027 ($ million)
      • Exhibit 15: Data Table on Global - Market size and forecast 2022-2027 ($ million)
      • Exhibit 16: Chart on Global Market: Year-over-year growth 2022-2027 (%)
      • Exhibit 17: Data Table on Global Market: Year-over-year growth 2022-2027 (%)

    4 Historic Market Size

    • 4.1 Global walkie talkie market 2017 - 2021
      • Exhibit 18: Historic Market Size – Data Table on global walkie talkie market 2017 - 2021 ($ million)
    • 4.2 Product Segment Analysis 2017 - 2021
      • Exhibit 19: Historic Market Size – Product Segment 2017 - 2021 ($ million)
    • 4.3 Application Segment Analysis 2017 - 2021
      • Exhibit 20: Historic Market Size – Application Segment 2017 - 2021 ($ million)
    • 4.4 Geography Segment Analysis 2017 - 2021
      • Exhibit 21: Historic Market Size – Geography Segment 2017 - 2021 ($ million)
    • 4.5 Country Segment Analysis 2017 - 2021
      • Exhibit 22: Historic Market Size – Country Segment 2017 - 2021 ($ million)

    5 Five Forces Analysis

    • 5.1 Five forces summary
      • Exhibit 23: Five forces analysis - Comparison between 2022 and 2027
    • 5.2 Bargaining power of buyers
      • Exhibit 24: Chart on Bargaining power of buyers – Impact of key factors 2022 and 2027
    • 5.3 Bargaining power of suppliers
      • Exhibit 25: Bargaining power of suppliers – Impact of key factors in 2022 and 2027
    • 5.4 Threat of new entrants
      • Exhibit 26: Threat of new entrants – Impact of key factors in 2022 and 2027
    • 5.5 Threat of substitutes
      • Exhibit 27: Threat of substitutes – Impact of key factors in 2022 and 2027
    • 5.6 Threat of rivalry
      • Exhibit 28: Threat of rivalry – Impact of key factors in 2022 and 2027
    • 5.7 Market condition
      • Exhibit 29: Chart on Market condition - Five forces 2022 and 2027

    6 Market Segmentation by Product

    • 6.1 Market segments
      • Exhibit 30: Chart on Product - Market share 2022-2027 (%)
      • Exhibit 31: Data Table on Product - Market share 2022-2027 (%)
    • 6.2 Comparison by Product
      • Exhibit 32: Chart on Comparison by Product
      • Exhibit 33: Data Table on Comparison by Product
    • 6.3 Digital - Market size and forecast 2022-2027
      • Exhibit 34: Chart on Digital - Market size and forecast 2022-2027 ($ million)
      • Exhibit 35: Data Table on Digital - Market size and forecast 2022-2027 ($ million)
      • Exhibit 36: Chart on Digital - Year-over-year growth 2022-2027 (%)
      • Exhibit 37: Data Table on Digital - Year-over-year growth 2022-2027 (%)
    • 6.4 Analog - Market size and forecast 2022-2027
      • Exhibit 38: Chart on Analog - Market size and forecast 2022-2027 ($ million)
      • Exhibit 39: Data Table on Analog - Market size and forecast 2022-2027 ($ million)
      • Exhibit 40: Chart on Analog - Year-over-year growth 2022-2027 (%)
      • Exhibit 41: Data Table on Analog - Year-over-year growth 2022-2027 (%)
    • 6.5 Market opportunity by Product
      • Exhibit 42: Market opportunity by Product ($ million)
      • Exhibit 43: Data Table on Market opportunity by Product ($ million)

    7 Market Segmentation by Application

    • 7.1 Market segments
      • Exhibit 44: Chart on Application - Market share 2022-2027 (%)
      • Exhibit 45: Data Table on Application - Market share 2022-2027 (%)
    • 7.2 Comparison by Application
      • Exhibit 46: Chart on Comparison by Application
      • Exhibit 47: Data Table on Comparison by Application
    • 7.3 Industry and commerce - Market size and forecast 2022-2027
      • Exhibit 48: Chart on Industry and commerce - Market size and forecast 2022-2027 ($ million)
      • Exhibit 49: Data Table on Industry and commerce - Market size and forecast 2022-2027 ($ million)
      • Exhibit 50: Chart on Industry and commerce - Year-over-year growth 2022-2027 (%)
      • Exhibit 51: Data Table on Industry and commerce - Year-over-year growth 2022-2027 (%)
    • 7.4 Government and utility - Market size and forecast 2022-2027
      • Exhibit 52: Chart on Government and utility - Market size and forecast 2022-2027 ($ million)
      • Exhibit 53: Data Table on Government and utility - Market size and forecast 2022-2027 ($ million)
      • Exhibit 54: Chart on Government and utility - Year-over-year growth 2022-2027 (%)
      • Exhibit 55: Data Table on Government and utility - Year-over-year growth 2022-2027 (%)
    • 7.5 Defense - Market size and forecast 2022-2027
      • Exhibit 56: Chart on Defense - Market size and forecast 2022-2027 ($ million)
      • Exhibit 57: Data Table on Defense - Market size and forecast 2022-2027 ($ million)
      • Exhibit 58: Chart on Defense - Year-over-year growth 2022-2027 (%)
      • Exhibit 59: Data Table on Defense - Year-over-year growth 2022-2027 (%)
    • 7.6 Market opportunity by Application
      • Exhibit 60: Market opportunity by Application ($ million)
      • Exhibit 61: Data Table on Market opportunity by Application ($ million)

    8 Customer Landscape

    • 8.1 Customer landscape overview
      • Exhibit 62: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

    9 Geographic Landscape

    • 9.1 Geographic segmentation
      • Exhibit 63: Chart on Market share by geography 2022-2027 (%)
      • Exhibit 64: Data Table on Market share by geography 2022-2027 (%)
    • 9.2 Geographic comparison
      • Exhibit 65: Chart on Geographic comparison
      • Exhibit 66: Data Table on Geographic comparison
    • 9.3 APAC - Market size and forecast 2022-2027
      • Exhibit 67: Chart on APAC - Market size and forecast 2022-2027 ($ million)
      • Exhibit 68: Data Table on APAC - Market size and forecast 2022-2027 ($ million)
      • Exhibit 69: Chart on APAC - Year-over-year growth 2022-2027 (%)
      • Exhibit 70: Data Table on APAC - Year-over-year growth 2022-2027 (%)
    • 9.4 North America - Market size and forecast 2022-2027
      • Exhibit 71: Chart on North America - Market size and forecast 2022-2027 ($ million)
      • Exhibit 72: Data Table on North America - Market size and forecast 2022-2027 ($ million)
      • Exhibit 73: Chart on North America - Year-over-year growth 2022-2027 (%)
      • Exhibit 74: Data Table on North America - Year-over-year growth 2022-2027 (%)
    • 9.5 Europe - Market size and forecast 2022-2027
      • Exhibit 75: Chart on Europe - Market size and forecast 2022-2027 ($ million)
      • Exhibit 76: Data Table on Europe - Market size and forecast 2022-2027 ($ million)
      • Exhibit 77: Chart on Europe - Year-over-year growth 2022-2027 (%)
      • Exhibit 78: Data Table on Europe - Year-over-year growth 2022-2027 (%)
    • 9.6 South America - Market size and forecast 2022-2027
      • Exhibit 79: Chart on South America - Market size and forecast 2022-2027 ($ million)
      • Exhibit 80: Data Table on South America - Market size and forecast 2022-2027 ($ million)
      • Exhibit 81: Chart on South America - Year-over-year growth 2022-2027 (%)
      • Exhibit 82: Data Table on South America - Year-over-year growth 2022-2027 (%)
    • 9.7 Middle East and Africa - Market size and forecast 2022-2027
      • Exhibit 83: Chart on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
      • Exhibit 84: Data Table on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
      • Exhibit 85: Chart on Middle East and Africa - Year-over-year growth 2022-2027 (%)
      • Exhibit 86: Data Table on Middle East and Africa - Year-over-year growth 2022-2027 (%)
    • 9.8 US - Market size and forecast 2022-2027
      • Exhibit 87: Chart on US - Market size and forecast 2022-2027 ($ million)
      • Exhibit 88: Data Table on US - Market size and forecast 2022-2027 ($ million)
      • Exhibit 89: Chart on US - Year-over-year growth 2022-2027 (%)
      • Exhibit 90: Data Table on US - Year-over-year growth 2022-2027 (%)
    • 9.9 China - Market size and forecast 2022-2027
      • Exhibit 91: Chart on China - Market size and forecast 2022-2027 ($ million)
      • Exhibit 92: Data Table on China - Market size and forecast 2022-2027 ($ million)
      • Exhibit 93: Chart on China - Year-over-year growth 2022-2027 (%)
      • Exhibit 94: Data Table on China - Year-over-year growth 2022-2027 (%)
    • 9.10 Germany - Market size and forecast 2022-2027
      • Exhibit 95: Chart on Germany - Market size and forecast 2022-2027 ($ million)
      • Exhibit 96: Data Table on Germany - Market size and forecast 2022-2027 ($ million)
      • Exhibit 97: Chart on Germany - Year-over-year growth 2022-2027 (%)
      • Exhibit 98: Data Table on Germany - Year-over-year growth 2022-2027 (%)
    • 9.11 Japan - Market size and forecast 2022-2027
      • Exhibit 99: Chart on Japan - Market size and forecast 2022-2027 ($ million)
      • Exhibit 100: Data Table on Japan - Market size and forecast 2022-2027 ($ million)
      • Exhibit 101: Chart on Japan - Year-over-year growth 2022-2027 (%)
      • Exhibit 102: Data Table on Japan - Year-over-year growth 2022-2027 (%)
    • 9.12 UK - Market size and forecast 2022-2027
      • Exhibit 103: Chart on UK - Market size and forecast 2022-2027 ($ million)
      • Exhibit 104: Data Table on UK - Market size and forecast 2022-2027 ($ million)
      • Exhibit 105: Chart on UK - Year-over-year growth 2022-2027 (%)
      • Exhibit 106: Data Table on UK - Year-over-year growth 2022-2027 (%)
    • 9.13 Market opportunity by geography
      • Exhibit 107: Market opportunity by geography ($ million)
      • Exhibit 108: Data Tables on Market opportunity by geography ($ million)

    10 Drivers, Challenges, and Trends

    • 10.1 Market drivers
      • 10.2 Market challenges
        • 10.3 Impact of drivers and challenges
          • Exhibit 109: Impact of drivers and challenges in 2022 and 2027
        • 10.4 Market trends

          11 Vendor Landscape

          • 11.1 Overview
            • 11.2 Vendor landscape
              • Exhibit 110: Overview on Criticality of inputs and Factors of differentiation
            • 11.3 Landscape disruption
              • Exhibit 111: Overview on factors of disruption
            • 11.4 Industry risks
              • Exhibit 112: Impact of key risks on business

            12 Vendor Analysis

            • 12.1 Vendors covered
              • Exhibit 113: Vendors covered
            • 12.2 Market positioning of vendors
              • Exhibit 114: Matrix on vendor position and classification
            • 12.3 Cedar Electronics Corp.
              • Exhibit 115: Cedar Electronics Corp. - Overview
              • Exhibit 116: Cedar Electronics Corp. - Product / Service
              • Exhibit 117: Cedar Electronics Corp. - Key offerings
            • 12.4 Entel UK Ltd.
              • Exhibit 118: Entel UK Ltd. - Overview
              • Exhibit 119: Entel UK Ltd. - Product / Service
              • Exhibit 120: Entel UK Ltd. - Key offerings
            • 12.5 Fujian BelFone Communications Technology Co. Ltd.
              • Exhibit 121: Fujian BelFone Communications Technology Co. Ltd. - Overview
              • Exhibit 122: Fujian BelFone Communications Technology Co. Ltd. - Product / Service
              • Exhibit 123: Fujian BelFone Communications Technology Co. Ltd. - Key offerings
            • 12.6 Garmin Ltd.
              • Exhibit 124: Garmin Ltd. - Overview
              • Exhibit 125: Garmin Ltd. - Business segments
              • Exhibit 126: Garmin Ltd. - Key offerings
              • Exhibit 127: Garmin Ltd. - Segment focus
            • 12.7 Icom Inc.
              • Exhibit 128: Icom Inc. - Overview
              • Exhibit 129: Icom Inc. - Business segments
              • Exhibit 130: Icom Inc. - Key offerings
              • Exhibit 131: Icom Inc. - Segment focus
            • 12.8 JVCKENWOOD Corp.
              • Exhibit 132: JVCKENWOOD Corp. - Overview
              • Exhibit 133: JVCKENWOOD Corp. - Business segments
              • Exhibit 134: JVCKENWOOD Corp. - Key news
              • Exhibit 135: JVCKENWOOD Corp. - Key offerings
              • Exhibit 136: JVCKENWOOD Corp. - Segment focus
            • 12.9 Midland Radio Corp.
              • Exhibit 137: Midland Radio Corp. - Overview
              • Exhibit 138: Midland Radio Corp. - Product / Service
              • Exhibit 139: Midland Radio Corp. - Key offerings
            • 12.10 Motorola Solutions Inc.
              • Exhibit 140: Motorola Solutions Inc. - Overview
              • Exhibit 141: Motorola Solutions Inc. - Business segments
              • Exhibit 142: Motorola Solutions Inc. - Key offerings
              • Exhibit 143: Motorola Solutions Inc. - Segment focus
            • 12.11 Quansheng Electronics Co. Ltd.
              • Exhibit 144: Quansheng Electronics Co. Ltd. - Overview
              • Exhibit 145: Quansheng Electronics Co. Ltd. - Product / Service
              • Exhibit 146: Quansheng Electronics Co. Ltd. - Key offerings
            • 12.12 Quanzhou Senhaixun Electronic Technology Co. Ltd.
              • Exhibit 147: Quanzhou Senhaixun Electronic Technology Co. Ltd. - Overview
              • Exhibit 148: Quanzhou Senhaixun Electronic Technology Co. Ltd. - Product / Service
              • Exhibit 149: Quanzhou Senhaixun Electronic Technology Co. Ltd. - Key offerings
            • 12.13 SWIFTCOM TECHNOLOGY PTE LTD.
              • Exhibit 150: SWIFTCOM TECHNOLOGY PTE LTD. - Overview
              • Exhibit 151: SWIFTCOM TECHNOLOGY PTE LTD. - Product / Service
              • Exhibit 152: SWIFTCOM TECHNOLOGY PTE LTD. - Key offerings
            • 12.14 Tait International Ltd.
              • Exhibit 153: Tait International Ltd. - Overview
              • Exhibit 154: Tait International Ltd. - Product / Service
              • Exhibit 155: Tait International Ltd. - Key offerings
            • 12.15 TALKPRO
              • Exhibit 156: TALKPRO - Overview
              • Exhibit 157: TALKPRO - Product / Service
              • Exhibit 158: TALKPRO - Key offerings
            • 12.16 Uniden America Corp.
              • Exhibit 159: Uniden America Corp. - Overview
              • Exhibit 160: Uniden America Corp. - Product / Service
              • Exhibit 161: Uniden America Corp. - Key offerings
            • 12.17 Wintec Co. Ltd.
              • Exhibit 162: Wintec Co. Ltd. - Overview
              • Exhibit 163: Wintec Co. Ltd. - Product / Service
              • Exhibit 164: Wintec Co. Ltd. - Key offerings

            13 Appendix

            • 13.1 Scope of the report
              • 13.2 Inclusions and exclusions checklist
                • Exhibit 165: Inclusions checklist
                • Exhibit 166: Exclusions checklist
              • 13.3 Currency conversion rates for US$
                • Exhibit 167: Currency conversion rates for US$
              • 13.4 Research methodology
                • Exhibit 168: Research methodology
                • Exhibit 169: Validation techniques employed for market sizing
                • Exhibit 170: Information sources
              • 13.5 List of abbreviations
                • Exhibit 171: List of abbreviations

              Research Framework

              Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

              INFORMATION SOURCES

              Primary sources

              • Manufacturers and suppliers
              • Channel partners
              • Industry experts
              • Strategic decision makers

              Secondary sources

              • Industry journals and periodicals
              • Government data
              • Financial reports of key industry players
              • Historical data
              • Press releases

              DATA ANALYSIS

              Data Synthesis

              • Collation of data
              • Estimation of key figures
              • Analysis of derived insights

              Data Validation

              • Triangulation with data models
              • Reference against proprietary databases
              • Corroboration with industry experts

              REPORT WRITING

              Qualitative

              • Market drivers
              • Market challenges
              • Market trends
              • Five forces analysis

              Quantitative

              • Market size and forecast
              • Market segmentation
              • Geographical insights
              • Competitive landscape

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              Key Questions Answered

              • What are the key global market and the regional market share?
              • What are the revenue-generating key market segments?
              • What are the key factors driving and challenging this market’s growth?
              • Who are the key market vendors and their growth strategies?
              • What are the latest trends influencing the growth of this market?
              • What are the variables influencing the market growth in the primary regions?
              • What are the factors influencing the growth of the parent market?

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