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Global Terrestrial Trunked Radio (TETRA) Market: Increasing Adoption by Public Safety Agencies to Drive Growth

Press release Description

Albany, New York, September 14, 2018: Growth of the terrestrial trunked radio (TETRA) market is expected to remain influenced by extensive application of the technology in communication systems of public safety agencies such as police, fire departments, and homeland security worldwide. Rising need of foolproof, delay-free communication during public safety crisis is further expected to underpin demand for terrestrial trunked radio (TETRA) in the near future. Revenues from the terrestrial trunked radio (TETRA) market are estimated to grow at a high CAGR of 11.97% through 2025. These insights have been taken from the report titled “Terrestrial Trunked Radio (TETRA) Market – Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2017 – 2025” added recently to the vast repository of Market Research Reports Search Engine (MRRSE).

Owing to rising adoption of base stations and terrestrial trunked radios, hardware continues to be the leader in market share. This is particularly true for the small-sized portable TETRA devices that allow safety agencies to operate, in various situations. In addition, cost-effective ancillary services including training, security, integration and optimization for high performance are expected to help the growth of the market.

The use of terrestrial trunked radios for public safety is expected to surpass that of defense, manufacturing, mining, retail, commercial, utilities, and healthcare purposes, which can be attributed to relatively higher adoption of these systems by law enforcement agencies.

Developing countries such as China and India are only just starting to use TETRA devices in a significant amount, consequently the Asia Pacific region shows maximum potential for growth rate for the market.

Terrestrial Trunked Radio (TETRA) Market: Report Summary

This report provides a comprehensive regional and global analysis & forecast on the Terrestrial Trunked Radio (TETRA) market, in terms of value (US$ Mn), for the period of forecast 2017 to 2025. The impact of vital business dynamics such as political, social, economic and legal factors on the market scenario for Terrestrial Trunked Radio (TETRA) have been thoroughly examined in the report.

An end-to-end value chain analysis on the terrestrial trunked radio (TETRA) market has been provided in the report, and profiling of market players is used to help in improved understanding of the competitive scenario including market positioning, SWOT analysis and business strategies.

Terrestrial Trunked Radio (TETRA) Market: Research Methodology

Elaborate discussions, interviews, and expert panel reviews with eminent industry specialists and opinion leaders were examined during the development of this report. Comprehensive primary and secondary research methodologies such as telephonic interviews, e-mail interactions, and face-to-face interviews, have helped in extracting reliable and relevant data on the terrestrial trunked radio (TETRA) market. Primary research represents the bulk of the research efforts, which has been supported with exhaustive secondary research.

Leaders and new players in the terrestrial trunked radio (TETRA) market have been studied and relevant press releases, annual reports, and vital documents have been made use of to identify and extract accurate insights on competitor landscape and the market scenario. This approach employed in the report has been tested and proven to be very reliable and successful in obtaining accurate insights to identifying business opportunities, and extracting active intelligence on key market players.

Browse Full Global Terrestrial Trunked Radio (TETRA) Market Report with TOC :

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