Radio Modem Market Emerging Trends, Growth Opportunities and Industry Statistics Till 2028

The global Radio Modem Market size was significantly robust in 2020 and is expected to register a steady revenue CAGR over the forecast period.

The Global Radio Modem Market experienced substantial growth in 2020 and is expected to continue expanding at a steady pace throughout the forecast period. A key driver of this growth is the modest infrastructure requirements of radio modems, as the networks are self-contained and privately owned. This makes them an attractive option for various applications, particularly in the field of Intelligent Transportation Systems (ITS). ITS relies on wireless communications to optimize its operations, and the adoption of cost-effective, flexible, and compact wireless networks has made radio modems the preferred choice.

A radio modem is a wireless device that facilitates the wireless transmission of data over a distance of approximately 10 kilometers. It utilizes radio waves to transmit, encode, and decode serial data, allowing users to establish a direct connection to a wireless network. This direct internet connectivity provides independence from satellite network operators, offering a more efficient and reliable means of communication. Radio modems have emerged as the latest method for building private radio networks (PRN), and they are currently widely employed in various real-time data transmission systems, industrial applications, and other domains.

The versatility and efficiency of radio modems have contributed to their widespread adoption. They enable seamless and secure data transfer, making them essential for applications that require reliable wireless communication over extended distances. Industries such as logistics, agriculture, oil and gas, and public safety heavily rely on radio modems for remote monitoring, control systems, and telemetry applications. Additionally, the compact size and cost-effectiveness of radio modems make them particularly suitable for deployment in remote or challenging environments where traditional wired solutions are impractical or costly.

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Key Players covered in this report are

  • Adeunis RF
  • Arada Systems, Inc.
  • ATIM Radiocommunications
  • Autotalks Ltd.
  • BB Electronics Manufacturing Co.
  • Campbell Scientific Inc.
  • Cohda Wireless
  • Kapsch TrafficCom AG
  • Motorola Solutions, Inc.

Major Factors Driving Growth Of The Global Radio Modem Market:

The global radio modem market is experiencing significant growth due to two key factors. Firstly, the privately-owned networks and self-contained nature of radio modems make them highly attractive for various applications. This reduces the infrastructure requirements and allows for more flexible and cost-effective network deployments. Secondly, the increasing importance of intelligent transportation systems (ITS) is driving the demand for radio modems. ITS requires wireless communication for optimizing operations, and the compact size and cost-effectiveness of radio modems make them an ideal choice for such applications. As a result, the market is expected to witness substantial growth in the coming years.

Factors Restraining Growth Of The Global Radio Modem Market:

Despite the positive growth prospects, the global radio modem market faces certain challenges that may hamper its growth. One of the main factors is the high cost of investments associated with radio modem deployment. This can deter potential users from adopting the technology, especially when alternative solutions such as LoRa, Sigfox, and other wireless technologies are available as substitutes. Another factor limiting market growth is the inherent limitation of radio waves to transmit large amounts of data simultaneously. As data requirements continue to increase, this limitation may hinder the widespread adoption of radio modems.

Frequency Band (Revenue, USD Billion; 2018-2028)

  • License Free
  • UHF
  • Wi-Fi
  • VHF

Communication Channel Outlook (Revenue, USD Billion; 2018-2028)

  • Point to Multi-Point
  • Point to Point

Operating Range Outlook (Revenue, USD Billion; 2018-2028)

  • Short
  • Long

Key Regional Markets Covered in the Report:

  • North America (U.S., Canada, Mexico)
  • Europe (U.K., Italy, Germany, Spain, France, BENELUX, Rest of Europe)
  • Asia Pacific (India, Japan, China, South Korea, Australia, Rest of Asia Pacific)
  • Latin America (Chile, Brazil, Argentina, Rest of Latin America)
  • The Middle East Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East Africa)

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