A radio modem is certified by the FCC, IC, or for CE compliance as a complete system. There is no provision for changing any portion or using an external modem on the AUX input. The fines for violating FCC regulations can be severe, and the liability of installing a complete data radio system based upon un-authorized radio configurations can be substantial.
According to the report, ULR (Ultra Long Range) Radio Modem with Bidirectional Half Duplex Data Transmission up to 15km.
is one of the primary growth factors for the market. Growing end-use applications across the various industrial sectors, which require high reliability of data transfer and very high uptime, are the key market drivers for the radio modem market.
is also expected to contribute significantly to the Radio Modem market growth. Overall, Land Survey Differential GPS
applications of Radio Modem, and the growing awareness of them, is what makes this segment of the industry important to its overall growth. The End-Users, such as Government & Defence, is boosting the Radio Modem market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.The Range, such as Long Range, is boosting the Radio Modem market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.
AMAs Analyst on the Global Radio Modem market identified that the demand is rising in many different parts of the world as "Real-Time Monitoring and Data Collection from Remote Location, Independent of Human Supervision
". Furthermore, some recent industry insights like "On December 4, 2019, Digi International, a leading global provider of Internet of Things (IoT) connectivity products and services, has announced the expansion of its successful ConnectCore family of products with the introduction of the Digi ConnectCore 8M Nano System on Module (SOM)." is constantly making the industry dynamic.
The report provides an in-depth analysis and forecast about the industry covering the following key features: o Industry outlook including current and future market trends, drivers, restraints, and emerging technologies o Analyses the Global Radio Modem market according to Type, Application, and regions o Analyzes the top 10 players in terms of market reach, business strategy, and business focus o Provides stakeholders insights and key drivers & trends of the market
**The market is valued based on weighted average selling price (WASP) and includes any applicable taxes on manufacturers. All currency conversions used in the creation of this report have been calculated using constant annual average 2018 currency rates.
Market Size Estimation In market engineering method, both top-down and bottom-up approaches have been used, along with various data triangulation process, to predict and validate the market size of the Radio Modem market and other related sub-markets covered in the study.
o Key & emerging players in the market have been observed through secondary research. o The industrys supply chain and overall market size, in terms of value, have been derived through primary and secondary research processes. o All percentage shares, splits, and breakdowns have been determined using secondary sources and verified through primary sources.
Data Triangulation The overall Radio Modem market size is calculated using market estimation process, the Radio Modem market was further split into various segments and sub-segments. To complete the overall market engineering and arriving at the exact statistics for all segments and sub-segments, the market breakdown and data triangulation procedures have been utilized, wherever applicable. The data have been triangulated by studying various influencing factors and trends identified from both demand and supply sides of various applications involved in the study. Along with this, the Global Radio Modem market size has been validated using both top-down and bottom-up approaches.