This Persistence Market Research report examines the global wearable digital walkie-talkie market for the period 2015–2021.
New York, NY -- (SBWIRE) -- 12/23/2015 -- According to the latest market report published by Persistence Market Research titled "Global Market Study on Wearable Digital Walkie-Talkie: Asia-Pacific to Witness Highest Growth by 2021", the global wearable digital walkie-talkie market is expected to account for US$ 8.0 Mn by the end of 2015, and is anticipated to expand at a CAGR of 32.6% between 2015 end and 2021 to account for US$ 43.5 Mn. In terms of volume, production of wearable digital walkie-talkie is expected to be 80.0 thousand units by the end of 2015 and is expected to reach 543.2 thousand units by 2021, exhibiting a CAGR of 37.6%.
Browse the full report at http://www.persistencemarketresearch.com/market-research/wearable-digital-walkietalkie-market.asp
The global wearable digital walkie-talkie market is expected to witness significant growth during the forecast period. Augmented disposable income, growing wearable electronics market and expanding organized retail sector are some of the major factors expected to drive market growth. Growing demand for hands-free wearable digital walkie-talkies, increasing independence from other devices, smartphone networks or Wi-Fi connections, growing emphasis on the usage of low radio frequency walkie-talkie devices in order to avoid regulatory restrictions and increasing shift in preference for small-sized wearable digital walkie-talkies are some of the major trends observed in the global wearable walkie-talkie market.
The global wearable digital walkie-talkie market has been segmented into five major regions, namely, North America, Latin America, Europe, Asia-Pacific and the Middle East & Africa; of these, North America is estimated to dominate the market, accounting for over 67% market share by the end of 2015. Europe is estimated to rank second, accounting for over 15% market share by the end of 2015, followed by APAC with over 8% market share. Asia Pacific is anticipated to be the fastest growing region in the wearable digital walkie-talkie market over the forecast period.
Request sample of this report: http://www.persistencemarketresearch.com/samples/6682
On the basis of application, the market is segmented into general consumer applications and public institution applications. The general consumer segment is further sub-segmented into personal, in-store, tourism, commercial and training applications. On the other hand, public institution segment is further sub-segmented into military and law enforcement (police force & prison) applications. The general consumer segment is estimated to account for over 90% share of the global wearable digital walkie-talkie market by the end of 2015 and is expected to remain dominant throughout the forecast period. Various applications of wearable digital walkie-talkie devices, such as store activity, commercial activity, training activity and personal activity, are expected to drive their demand over the next five years. The public institution segment is estimated to account for over 9% share of the global wearable digital walkie-talkie market by the end of 2015.
More Info: http://www.persistencemarketresearch.com/toc/6682
Key players in the global wearable digital walkie-talkie market that have been covered in the report are STARNEX Co., Ltd., OrionLabs, Inc., Theatro and AWIRE Technology Corp.
Key points covered in the report
1) Report segments the market on the basis of types, application, products, technology, etc (as applicable)
2) The report covers geographic segmentation
3) The report provides the market size and forecast for the different segments and geographies for the period of 2010 to 2020
4) The report provides company profiles of some of the leading companies operating in the market
5) The report also provides porters five forces analysis of the market.-
About Persistence Market Research (PMR)
Persistence Market Research (PMR) is a full-service market intelligence firm specializing in syndicated research, custom research, and consulting services. PMR boasts market research expertise across the Healthcare, Chemicals and Materials, Technology and Media, Energy and Mining, Food and Beverages, Semiconductor and Electronics, Consumer Goods, and Shipping and Transportation industries. The company draws from its multi-disciplinary capabilities and high-pedigree team of analysts to share data that precisely corresponds to clients' business needs.
PMR stands committed to bringing more accuracy and speed to clients' business decisions. From ready-to-purchase market research reports to customized research solutions, PMR's engagement models are highly flexible without compromising on its deep-seated research values.