The article cited AMA's Global Land Mobile Radio Market Study explored substantial growth with CAGR of 13.69%. According the report, Upsurging Applications of Land Mobile Radios in Military, Defense, and Transportation Industry
is one of the primary growth factors for the market. Rising Need for Land Mobile Radios Critical Communication Applications
is also expected to contribute significantly to the Land Mobile Radio market. Overall, Commercial
applications of Land Mobile Radio, and the growing awareness of them, is what makes this segment of the industry important to its overall growth.
AMAs Analyst on the Global Land Mobile Radio market identified that the demand is rising in many different parts of the world as "Introduction to Voice Encryption will Further Enhance Communication Security
". Furthermore, some recent industry insights like "On May 23, 2019, Motorola Solutions has launched a communication service that seamlessly connects enterprise teams with instant and reliable, group-based communication named WAVETM broadband push-to-talk in Japan. The new service delivers real-time voice and data communication securely over any IP network, connecting teams, and individuals both inside and outside of their existing communication systems." is constantly making the industry dynamic. One of the challenges that industry facing is "Rising Threat of Substitutes with Introduction to IoT Enabled Communication Devices"
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 Land Mobile Radio 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
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 Land Mobile Radio market and other related sub-markets covered in the study.
o Key & emerging players in the Land Mobile Radio 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 Land Mobile Radio market size is calculated using market estimation process, the Land Mobile Radio 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 Land Mobile Radio market size has been validated using both top-down and bottom-up approaches.