Global Terrestrial Trunked Radio Market Size to Exceed USD 18.82 Billion by 2033
According to a research report published by Spherical Insights & Consulting, The Global Terrestrial Trunked Radio Market Size Expected to Grow from USD 4.32 Billion in 2023 to USD 18.82 Billion by 2033, at a CAGR of 15.85% during the forecast period 2023-2033.
Browse 210 market data Tables and 45 Figures spread through 190 Pages and in-depth TOC on the Global Terrestrial Trunked Radio Market Size, Share, and COVID-19 Impact Analysis, By Modes of Operation (Trunked Mode Operation (TMO) and Direct Mode Operation (DMO)), By Application (Transportation and Logistics, Public Safety and Government, Utilities, Defense, Commercial and Industry, and Others), and By Region (North America, Europe, Asia Pacific, Latin America, Middle East, and Africa), Analysis and Forecast 2023 – 2033
The terrestrial trunked radio market deals with secure, reliable, and mission-critical communication systems for public safety, military, transportation, and utilities. TETRA provides encrypted voice and data communication, interoperability, and high resilience to ensure instant, secure connectivity for emergency response, law enforcement, and critical infrastructure operations. Moreover, the terrestrial trunked radio market is primarily driven by the growing demand for secure and reliable communication in public safety, military, and other critical infrastructures. Increases in terror threats, natural disasters, and the need for emergencies spur adoption. Advances in TETRA networks, integration with LTE, and government investment in public safety infrastructure further boost this market's growth. In addition, growth in transportation and utilities along with the upholding of regulatory requirements in safe communications enhances this market's demand. However, the terrestrial trunked radio market is restrained by high infrastructure costs, limited availability of spectrum, competition from LTE and 5G technologies, and the complexity of integrating TETRA with modern communication networks.
The trunked mode operation (TMO)segment accounted for the largest share of the global Terrestrial Trunked Radio market in 2023 and is anticipated to grow at a significant CAGR during the forecast period.
On the basis of modes of operation, the global terrestrial trunked radio market is divided into trunked mode operation (TMO) and direct mode operation (DMO). Among these, the trunked mode operation (TMO) segment accounted for the largest share of the global terrestrial trunked radio market in 2023 and is anticipated to grow at a significant CAGR during the forecast period. This is due to its efficient spectrum usage, wide-area coverage, and secure communication capabilities, TMO is widely used in public safety, transportation, and utilities. It allows for seamless communication through network infrastructure for mission-critical operations.
The public safety and government segment accounted for a substantial share of the global terrestrial trunked radio market in 2023 and is anticipated to grow at a rapid pace during the projected period.
On the basis of application, the global terrestrial trunked radio market is divided into transportation and logistics, public safety and government, utilities, defense, commercial and industry, and others. Among these, the public safety and government segment accounted for a substantial share of the global terrestrial trunked radio market in 2023 and is anticipated to grow at a rapid pace during the projected period. This is due to the need for secure, reliable, and instant communication for emergency response, law enforcement, firefighting, and disaster management, governments and security agencies look to TETRA networks to provide encrypted mission-critical communications for efficient coordination, safety, and interoperability in crises and public safety operations.
Europe is projected to hold the largest share of the global terrestrial trunked radio market over the projected period.
Europe is projected to hold the largest share of the global terrestrial trunked radio market over the projected period. This is due to the strong adoption of public safety agencies, well-established emergency communication infrastructure, and government investments in secure communication networks, countries such as Germany, the UK, and France are driving demand with strict security regulations, an advanced transportation network, and widespread use in defense, utilities, and law enforcement sectors.
North America is expected to grow at the fastest CAGR growth of the global terrestrial trunked radio market during the projected period. This is attributed to increased demands of secure communication in the fields of public safety, defense, and critical infrastructure, the United States and Canada use these devices and investments for high levels of government spending on emergency response systems and growing security concerns make TETRA indispensable for law enforcement, transportation, and industrial applications.
Company Profiling
Major vendors in the global terrestrial trunked radio market are Motorola Solutions, Inc., AIRBUS, Hytera Communications Corporation Limited, JVCKENWOOD Corporation, Sepura Limited, Rolta India Limited, Thales, FREQUENTIS, DAMM, Leonardo S.p.A., and Others.
Key Target Audience
- Market Players
- Investors
- End-users
- Government Authorities
- Consulting and Research Firm
- Venture capitalists
- Value-Added Resellers (VARs)
Recent Development
- In September 2024, Hytera Communications Corporation Limited announced that its subsidiary, HMF Smart Solutions, won the tender for the implementation and management of the TETRA communication system of Gendarmería de Chile, a uniformed prison service military force in Chile. The agreement is looking for an ACCESSNET-T IP TETRA trunked system in the Valparaiso, Metropolitan and Biobio regions for 72 months.
Market Segment
This study forecasts revenue at global, regional, and country levels from 2023 to 2033. Spherical Insights has segmented the global terrestrial trunked radio market based on the below-mentioned segments:
Global Terrestrial Trunked Radio Market, By Modes of Operation
- Trunked Mode Operation (TMO)
- Direct Mode Operation (DMO)
Global Terrestrial Trunked Radio Market, By Application
- Transportation and Logistics
- Public Safety and Government
- Utilities
- Defense
- Commercial and Industry
- Others
Global Terrestrial Trunked Radio Market, By Regional
- North America
- Europe
- Germany
- UK
- France
- Italy
- Spain
- Russia
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- South Korea
- Australia
- Rest of Asia Pacific
- South America
- Brazil
- Argentina
- Rest of South America
- Middle East & Africa
- UAE
- Saudi Arabia
- Qatar
- South Africa
- Rest of the Middle East & Africa