Walkie Talkie Market is expected to reach approximately USD 16.99 billion by the end of 2023 with 9.47% CAGR

Global Walkie Talkie Market, By Product Type (Analog Walkie Talkie and Digital Walkie Talkie), By Application (Government and Public safety, Commercial (Retail stores, shopping malls), Industry and commerce and Others (Home security etc.) – Forecast 2023

Market Highlights

The global walkie talkie market can be bifurcated as product type, application, and region. Based on product type, the market is segmented into analog walkie talkie and digital walkie talkie. The applications covered by the walkie talkie include government and public safety, commercial (retail stores, shopping malls), industry and commerce and others (home security etc.). Geographically, the market is segmented into North America, Europe, Asia Pacific and Rest of the World.

The factors contributing to the growth of the walkie talkie market are growing adoption of technology and increasing need to of security due to increasing incidence of crimes.

Furthermore, factors such as portable or digital walkie talkie are very convenient to use for security purpose. It do not restricted to the specific area so that, demand of digital walkie talkie is growing from past years. However, high cost of the devices and range bandwidth limitation are the factors hampering the growth of the overall market.

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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Regional Analysis

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. 

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Table of Content

1                        Market Introduction           

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

Continued…..

LIST OF TABLES

TABLE 1               WALKIE TALKIE MARKET, BY PRODUCT TYPE

TABLE 2               WALKIE TALKIE MARKET, BY APPLICATION

TABLE 3               WALKIE TALKIE MARKET, BY GEOGRAPHY

TABLE 4               NORTH AMERICA WALKIE TALKIE MARKET, BY PRODUCT TYPE

Continued….

LIST OF FIGURES

FIGURE 1             RESEARCH METHODOLOGY

FIGURE 2             WALKIE TALKIE MARKET, BY PRODUCT TYPE (%)

FIGURE 3             WALKIE TALKIE MARKET, BY APPLICATION (%)

FIGURE 4             WALKIE TALKIE MARKET, BY REGIONS (%)

FIGURE 5             NORTH AMERICA WALKIE TALKIE MARKET, BY PRODUCT TYPE (%)

Continued…

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