Professional Mobile Radio PMR Market Trends
Which drivers are expected to have the greatest impact on the over the professional mobile radio (pmr) market’s growth?
The escalating adoption for public wellbeing is set to fuel the expansion of the professional mobile radio (PMR) market. Public safety is concerned with the wellbeing and security of the populace at large, constituting the government’s duty to protect its citizens from threats and risks. This growing awareness for public safety arises from a myriad of aspects, such as global happenings and crises, socioeconomic differences, climate factors, and sociopolitical dynamics. The professional mobile radio (PMR) stands as a vital communication tool which offers broad coverage, frequently integrated with additional elements to ensure emergency service responders have uninterrupted access to communication channels without impeding civilian network traffic. For instance, the National Crime Records Bureau (NCRB), an Indian governmental organization tasked with crime data collection and analysis, reported a total of 4,45,256 cases of crime against women in 2022, reflecting a 4% rise from the preceding year, back in December 2023. Additionally, in July 2023, according to Statistics Canada, a Canadian governmental institution, the police recorded 874 homicides in 2022, exceeding the previous year’s figure by 78. As such, the uptick in adoption for public safety is driving the professional mobile radio (PMR) market.
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What is the future CAGR of the professional mobile radio (pmr) market, and how will it impact industry expansion?
In recent times, there has been a fast-paced growth in the size of the professional mobile radio (PMR) market. It is projected to expand from $26.26 billion in 2024, to a sizeable figure of $30.01 billion in 2025, equating to a compound annual growth rate (CAGR) of 14.3%. This exceptional growth during the historic period is linked to the surge in globalization and interconnectedness, alongside a heightened adoption of remote work. Add to this, the soaring demand for mobile communication, government regulations and standards, plus enhanced public safety, have all contributed substantially to its growth.
In the coming years, the professional mobile radio (PMR) market is predicted to experience swift expansion, reaching a value of $50.59 billion in 2029 with a compound annual growth rate (CAGR) of 13.9%. The expected growth during this period can be explained by factors such as increased usage of land mobile radios, the imperative need for communication interoperability, the expansion of broadband networks, heightened cyberattack threats, and escalating environmental sustainability concerns. The period is also likely to see key trends such as advancements in radio technology, enhanced radio communication systems, Internet of Things (IoT) and artificial intelligence (AI) integration, mission-critical communication, long-term evolution (LTE) technology, and cloud-based solutions.
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What are the most significant trends transforming the professional mobile radio (pmr) market today?
Leading entities in the professional mobile radio (PMR) market are concentrating on the creation of creative solutions, such as digital mobile radio (DMR), to secure a competitive advantage. The term digital mobile radio (DMR) defines a digital radio standard for professional mobile radio (PMR) systems that are employed by businesses, governments, and different organizations for the transmission of voice and data on private radio networks. An illustration of this was seen in July 2022, when the Hytera Communications Corporation Limited, a communication equipment firm based in China, unveiled its portfolio of professional mobile radios enhanced with 5G, digital mobile radio (DMR), and LTE technologies. The updated line of professional radios, which includes the AP & BP Series business radios, H Series DMR radios, Push-to-Talk over Cellular (PoC) radios, and Body Worn Camera, was developed to ensure seamless operations for businesses and government departments in different indoor and outdoor workplaces in Indonesia. These devices are designed to deliver secure and high-quality digital voice communication, providing an improved audio experience and noise diminution.
Which key market segments comprise the professional mobile radio (pmr) market and drive its revenue growth?
The professional mobile radio (PMR) market covered in this report is segmented –
1) By Frequency: 25 MHz-174 MHz (VHF), 450 MHz-512 MHz (UHF), 700 MHz And Above (SHF)
2) By Technology: Digital, Analog
3) By Application: Commercial, Public Safety
Subsegments:
1) By 25 MHz-174 MHz (VHF): Analog VHF PMR Radios, Digital VHF PMR Radios
2) By 450 MHz-512 MHz (UHF): Analog UHF PMR Radios, Digital UHF PMR Radios
3) By 700 MHz And Above (SHF): 700 MHz PMR Radios, 800 MHz PMR Radios, 900 MHz PMR Radios, Above 1 GHz PMR Radios
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What regions are leading the charge in the professional mobile radio (pmr) market?
North America was the largest region in the professional mobile radio (PMR) market in 2024. The regions covered in the professional mobile radio (PMR) market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Who are the leading players fueling growth in the professional mobile radio (pmr) market?
Major companies operating in the professional mobile radio (PMR) market are Airbus SE, Rostec, Ericsson, Thales Group, L3Harris Technologies Inc., Motorola Solutions Inc., Maxon America Inc., JVCKenwood Corporation, SITA, VIAVI Solutions Inc., Kontron AG, Anritsu Corporation, Hytera Communications Corporation Limited, Icom Inc., Rexon Technology Co. Ltd., Sepura Limited, Zetron Inc., Uniden Holdings Corporation, Simoco Wireless Solutions, Midland Radio Corporation, Ritron Inc., PowerTrunk.com
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What Is Covered In The Professional Mobile Radio (PMR) Global Market Report?
•Market Size Forecast: Examine the professional mobile radio (pmr) market size across key regions, countries, product categories, and applications.
•Segmentation Insights: Identify and classify subsegments within the professional mobile radio (pmr) market for a structured understanding.
•Key Players Overview: Analyze major players in the professional mobile radio (pmr) market, including their market value, share, and competitive positioning.
•Growth Trends Exploration: Assess individual growth patterns and future opportunities in the professional mobile radio (pmr) market.
•Segment Contributions: Evaluate how different segments drive overall growth in the professional mobile radio (pmr) market.
•Growth Factors: Highlight key drivers and opportunities influencing the expansion of the professional mobile radio (pmr) market.
•Industry Challenges: Identify potential risks and obstacles affecting the professional mobile radio (pmr) market.
•Competitive Landscape: Review strategic developments in the professional mobile radio (pmr) market, including expansions, agreements, and new product launches.
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