Global Land Mobile Radio Market Size & Outlook, 2024-2030
Global land mobile radio market, 2018-2030 (US$M)
Global land mobile radio market highlights
- The global land mobile radio market generated a revenue of USD 26,846.7 million in 2023 and is expected to reach USD 70,406.1 million by 2030.
- The market is expected to grow at a CAGR (2024 - 2030) of 14.8% by 2030.
- In terms of segment, portable accounted for a revenue of USD 26,846.7 million in 2023.
- Portable is the most lucrative type segment registering the fastest growth during the forecast period.
- In terms of region, North America was the largest revenue generating market in 2023.
Global data book summary
| Market revenue in 2023 | USD 26,846.7 million |
| Market revenue in 2030 | USD 70,406.1 million |
| Growth rate | 14.8% (CAGR from 2023 to 2030) |
| Largest segment | Portable |
| Fastest growing segment | Portable |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Portable |
Other key industry trends
- In terms of revenue, the North America accounted for 35.3% of the global land mobile radio market in 2023.
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Land Mobile Radio Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Hytera Communications | View profile | 51-100 | Slough, Buckinghamshire, United Kingdom, Europe | https://hytera-europe.com |
| ICOM Japan | View profile | 1001-5000 | Osaka, Osaka, Japan, Asia | https://www.icom.co.jp/ |
| Simoco Wireless Solutions | View profile | 101-250 | Derby, Derby, United Kingdom, Europe | https://www.simocowirelesssolutions.com |
| BK Technologies | View profile | 101-250 | Melbourne, Florida, United States, North America | https://www.bktechnologies.com/ |
| JVCKenwood Corp | View profile | 17240 | 3-12, Moriyacho, Kanagawa-ku, Kanagawa, Yokohama-shi, Japan, 221-0022 | https://www.jvckenwood.com |
| Thales Group | View profile | 10001+ | Paris, Ile-de-France, France, Europe | http://www.thalesgroup.com |
| Leonardo SpA ADR | View profile | 51000 | Piazza Monte Grappa 4, Rome, Italy, 00195 | http://www.leonardocompany.com |
| Motorola Solutions Inc | View profile | 21000 | 500 West Monroe Street, Suite 4400, Chicago, IL, United States, 60661 | https://www.motorolasolutions.com |
| L3Harris Technologies Inc | View profile | 50000 | 1025 West NASA Boulevard, Melbourne, FL, United States, 32919 | https://www.l3harris.com |
Global land mobile radio market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to land mobile radio market will help companies and investors design strategic landscapes.
Portable was the largest segment with a revenue share of 100% in 2023. Horizon Databook has segmented the Global land mobile radio market based on portable covering the revenue growth of each sub-segment from 2018 to 2030.
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Our clientele includes a mix of land mobile radio market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of global-level data and insights on the Global land mobile radio market , including forecasts for subscribers. This global databook contains high-level insights into Global land mobile radio market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Global land mobile radio market size, by regions, 2018-2030 (US$M)
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