General-purpose wireless data radio modem is expected to hold a larger share of the market during the forecast period. The demand for radio modems is increasing as these modems require minimal infrastructure for facilitating communication and ensuring the delivery of data, in the form of voice and video, in the most cost-effective and reliable manner.
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The wireless data radio modem market is expected to reach USD 724.1 Million by 2023 from USD 594.4 Million in 2018, at a CAGR of 4.03% during forecast period. Growth of this market fueled by growing demand for radio modems in agricultural drones and surveys, dominance of radio modems in SCADA and telemetry applications, & low operational costs and more power-efficiency of private radio networks using radio modems.
1 Cell Dissociation Market Overview
2 Asia Pacific: Cell Dissociation Market, By Product & Country
3 Cell Dissociation Market, By Region
4 Geographical Snapshot of the Cell Dissociation Market (Major Countries)
2 Market Ranking Analysis
3 Competitive Scenario
Report covers wireless data radio modem market segmented on the basis of product type, operating range, product type-specific application, and geography.
In terms of operating range, the market for long range is expected to grow at the highest CAGR between 2018 and 2023. Long-range radio modems often provide extended line-of-sight (LoS) coverage compared to higher frequency communications and are used when operators require operations over the distance larger than ultrahigh-frequency (UHF) range.
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UAV drone wireless data radio modem market for precision farming application is expected to grow at the highest CAGR during the forecast period. UAVs are a natural progression from macro- to micro-farming and large- to small-scale farms.
Drones equipped with radio modems have a large number of applications in the agriculture sector, including seeding, spraying, and livestock farming.
1 Attractive Opportunities in the Wireless Data Radio Modem Market
2 Wireless Data Radio Modem Market, By Product Type
3 General-Purpose Wireless Data Radio Modem Market, By Application
4 Wireless Data Radio Modem Market, By Operating Range
5 Wireless Data Modem Market in APAC, 2017
6 Wireless Data Modem Market, By Country
2 Market Ranking Analysis 2016: Wireless Data Radio Modem Market
3 Product Benchmarking
4 Product Launches and Developments
5 Mergers & Acquisitions
6 Partnerships, Collaborations, and Agreements
APAC is expected to hold largest share of wireless data radio modem market. Rapid increase in industrialization in emerging economies such as China and India in this region during past several years is a major factor contributing to growth of market in APAC.
Also, growing capital expenditure by governments of these developing countries in ITS, smart grid, & mining and geo-exploration expected to propel the demand for wide area network (WAN) based on radio modems during forecast period.
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Wireless Data Radio Modem research report focused on various levels of analysis like industry analysis (industry trends), market ranking analysis of top players, and value chain analysis. Report also provides company profiles, which present basic views on competitive landscape, emerging & high-growth segments of studied market, high-growth regions, & market dynamics like drivers, restraints, challenges, & opportunities.
- The market based on product type covers general-purpose and UAV drone wireless data radio modems.
• The market based on operating range covers the data modems operating over short range and long range.
• The market based on application specific to product type covers the SCADA and telemetry, mining and geo-exploration, transportation, machine control, and precision farming.
• The geographic analysis is done with regard to 4 major regions-North America, Europe, APAC, and RoW. RoW comprises South America, and the Middle East and Africa.
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