The global walkie talkie market is highly competitive. Various established international brands, domestic brands and as well as new entrants form a competitive landscape. The key players are nonstop increasingly seeking market expansion through various strategic mergers and acquisitions, innovation, increasing investments in research & development and cost-effective product portfolio. The walkie talkie market is highly competitive due to the presence of several large vendors. The competition among the vendors will intensify due to the increase in product extensions and various above mentioned factors. The players in the walkie talkie market compete on the basis of the factors such as technology, features, design and compatibility. The vendors or the manufacturers are continuously coming up with new ideas and technologies to gain competitive advantage over their competitors.
Taste the market data and market information presented through more than 30 market data tables and figures spread over 100 numbers of pages of the project report. Avail the in-depth table of content TOC & market synopsis on “Walkie Talkie Market Research Report- Global Forecast 2023”.
Major Key Players
- Motorola Solutions (U.S.),
- Cobra Electronics (U.S.),
- Hytera Communications (China),
- JVCKENWOOD (Japan),
- ICOM (Japan),
- Tait Communications (New Zealand),
- Kirisun Communications (China),
- Shenzhen HQT Science and Technology (China),
- Uniden (Japan)
- Wintec (New Zealand)
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The global walkie talkie market is expected to grow significantly over the forecast period, 2017-2023. Digital walkie talkie segment market globally drives the market majorly due to growing demand of portable and clearance of voice through it as compare to traditional i.e., analog walkie talkie market. Technological advancement in digital walkie talkie such as GPS, data tracking, more conversations at the same time, text messaging, emergency alarm is expected to have higher growth rate as compared to the analog walkie talkie.
The global walkie talkie market segmented into four main regions such as North America, Asia-Pacific, Europe and Rest of the World. North America region hold the largest share of the total walkie talkie market in terms of revenue. It is due to the presence of some leading walkie talkie providers in the region. Motorola Solutions (U.S.), Cobra Electronics (U.S.) are some leading industry participants located in U.S. North America is very well aware of security in defense, offices, schools etc. It drives the demand of walkie talkie from security agencies.
Asia-Pacific region is expected to grow over the forecast period. Countries such as Japan, China and India contributes largely to the overall market share. The reason is attributed to the increasing demand of walkie talkie from China and India. As it is emerging region, people get aware of benefits of walkie talkie and different electronic security devices. Major and serious incidence of terrorist attacks in India expected to grow the market at fast pace in coming years.
Table of Content
1 Market Introduction
1.2 Scope Of Study
1.2.1 Research Objective
1.3 Market Structure
2 Research Methodology
2.1 Research Network Technology Software
2.2 Primary Research
2.3 Secondary Research
2.4 Forecast Model
2.4.1 Market Data Collection, Analysis & Forecast
2.4.2 Market Size Estimation
3 Market Dynamics
3.2 Market Drivers
3.3 Market Challenges
3.4 Market Opportunities
3.5 Market Restraints
4 Executive Summary
5. Market Factor Analysis
5.1 Porter’s Five Forces Analysis
5.2 Supply Chain Analysis
6 Walkie Talkie Market, By Segments
6.2 Market Statistics
6.2.1 By Product Type
188.8.131.52 Analog Walkie Talkie
184.108.40.206 Digital Walkie Talkie
6.2.2 By Application
220.127.116.11 Government And Public Safety
18.104.22.168 Commercial (Retail Stores, Shopping Malls)
22.214.171.124 Industry And Commerce
126.96.36.199 Others (Home Security Etc.)
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Market Research FutureAshish Sharma
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services. MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions. In order to stay updated with technology and work process of the industry, MRFR often plans & conducts meet with the industry experts and industrial visits for its research analyst members.