Global Wireless Data Radio Modem Market, By Product (General-Purpose Data Modem, UAV Drone Data Modem), Operating Range (Short Range, Long Range), Application (SCADA and Telemetry, Precision Farming, Transportation), Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, U.A.E, Saudi Arabia, Egypt, South Africa, Israel, Rest of Middle East and Africa) Industry Trends and Forecast to 2029.
Market Analysis and Insights Global Wireless Data Radio Modem Market
Data Bridge Market Research analyses the wireless data radio modem market will exhibit a CAGR of 4.25% for the forecast period of 2022-2029.
The radio modem is a gadget that wirelessly transmits data over distances of tens of kilometres. It can send, receive, encode, and decode serial data over radio waves. The data received through wireless media is demodulated and modulated using a wireless data radio modem. This modem converts an analogue signal from a telephone or cable wire to a digital signal that a computer can recognize and transfers the digital information in traditional FM radio broadcasts.
The cost-effectiveness and fidelity of wireless data radio modem will act as a key element driving market expansion. The wireless data radio modem market is also being driven by factors such as high use of drones from various applications in agriculture including pesticides and spraying fertilizers, among others and increasing infrastructure in communication system. In addition to this, technological advancement, increasing urbanization and high disposable income will expand the wireless data radio modem market. Furthermore, growing demand from industrial and commercial sectors will act as a major factor influencing the growth of wireless data radio modem market. Another significant factor that will cushion the wireless data radio modem market’s growth rate is the increasing utilization of wireless data radio modem in surveillance, aerial photography, search and rescue operations in law enforcement sector.
Moreover, rise in the need for telemetry and SCADA applications and technical innovations will create beneficial opportunities for the growth of the market. Additionally, emerging new markets and strategic mergers and acquisitions will boost new opportunities in the forecast period mentioned above.
However, the presence of other alternatives such as Sigfox and LoRa will hamper the market’s growth rate. Also, rise in the adoption of wireless data radio transmissions will further pose major challenges to the growth of market. Other factors including high initial investment, limited coverage and maintenance of consistent speed will obstruct the market’s growth.
This wireless data radio modem market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographical expansions, technological innovations in the market. To gain more info on wireless data radio modem market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Global Wireless Data Radio Modem Market Scope and Market Size
The wireless data radio modem market is segmented on the basis of product, operating range and application. The growth amongst the different segments helps you in attaining the knowledge related to the different growth factors expected to be prevalent throughout the market and formulate different strategies to help identify core application areas and the difference in your target market.
- On the basis of product, the wireless data radio modem market is segmented into general-purpose data modem and UAV drone data modem.
- Based on operating range, the wireless data radio modem market is segmented into short range and long range.
- The wireless data radio modem market is also segmented on the basis of application into SCADA and telemetry, precision farming and transportation.
Wireless Data Radio Modem Market Country Level Analysis
The wireless data radio modem market is analysed and market size, volume information is provided by country, product, operating range and application as referenced above.
The countries covered in the wireless data radio modem market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
Asia-Pacific dominates the wireless data radio modem market and will continue to flourish its trend of dominance due to the increase in the growth of industrial sector in emerging economies such as India and China.
The country section of the wireless data radio modem market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Global Wireless Data Radio Modem Market Share Analysis
The wireless data radio modem market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to wireless data radio modem market.
Some of the major players operating in the wireless data radio modem market are Microhard, Lear, Intuicom, Inc., Advantech B+B SmartWorx., FreeWave Technologies, Inc., Digi International Inc., SIMREX Corporation, Motorola Solutions, Inc., SATEL, JAVAD GNSS Inc., Schneider Electric, General Electric, Harxon Corporaton, ABB, Campbell Scientific, Inc., Pacific Crest., Cohda Wireless, L3Harris Technologies, Inc., GE, and Adeunis, among others.
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