Global TETRA market will reach a valuation of US$12,166.7 mn by the end of 2025.
Albany, NY -- (SBWIRE) -- 01/17/2018 -- A new report "Terrestrial Trunked Radio (TETRA) Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2017 – 2025" based on terrestrial trunked radio titled has recently been submitted to the repository of Market Research Reports Search Engine (MRRSE) that focuses on analyzing entire global terrestrial trunked radio market right from studying its historical trends to forecasting prospects from 2017 to 2025.
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According to the comprehensive report, the global terrestrial trunked radio market has been estimated to generate a value of US$12,166.7 mn by 2025 with a strong CAGR of 11.97% during the assessment period from 2017 to 2025.
The insightful report begins with executive summary that covers key information related to market numbers such as CAGR and market share to its readers. The next section market overview covers important aspects of global terrestrial trunked radio market including market dynamics, historical and forecast of market revenue from 2015 to 2025 in USD, porter's five force model and eco-system analysis. According to the report, the need for timely communication by various public safety agencies is one of the major factors driving the growth of the global terrestrial trunked radio market. Some of these public safety agencies are police, fire department, utilities companies and others.
The global terrestrial trunked radio market analysis has been divided into various segments for in-depth analysis and these segments are components, device type application and region. All these segments are further divided into sub-segments to provide 360 degree view of the global terrestrial trunked radio market. The application segment is further sub-segmented into transportation & logistics, oil & gas, aviation, public safety and others.
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According to the report, the public safety segment accounts for maximum share compared to other segments owing to high consideration for civilian safety. The components segment is categorized into software, hardware and services. The device type segment is divided into two categories that are vehicular and portable. Geographically, the global terrestrial trunked radio market has been divided into key regions that are North America, South America, Europe, Asia pacific and Middle East & Africa. Out of all the regions, Asia pacific leads and continues to be the most attractive market for terrestrial trunked radio due to its adoption in developing countries by transport and public safety agencies.
The research methodology of the global terrestrial trunked radio (TETRA) market report offers key insights based on global as well as regional trends that will shape the market during the assessment period.
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