Global Radio Modem Market: Overview

The global radio modem market is predicted to attain great significance due to its role in the revolution of conventional communication means brought about by wireless communication. Radio modem surpasses expectations when it comes to data transmission. Unlike wired data transfer, there could be a faster transmission expected through a radio modem using radio waves. The logistics and transportation sectors witness several applications of radio modem such as automatic vehicle location (AVL), telemetry, supervisory control and data acquisition (SCADA), and remote data acquisition.

As per the report, the global radio modem market could be segregated as per application, operating range, communication channel, and frequency band. The Wi-Fi frequency band is envisioned to grab a larger market share in the coming years.

The report presented here is an intelligent compilation of important aspects that make up the global radio modem market. Each aspect is comprehensively shed light upon to provide a crystal clear picture of the market’s future.

Global Radio Modem Market: Trends and Opportunities

The world radio modem market is foreseen to gain a whole lot of momentum in its growth on account of two crucial factors, i.e. privately-owned networks and lesser infrastructure requirements. The market could gain traction on the back of the growing prominence of intelligent transportation system (ITS) that are smaller in size and cost-effective. Such systems require communications to enhance their processes. Radio modem products are anticipated to gain a handsome demand in the coming years due to a drastic advancement in technology. Moreover, the wireless nature of these products could make them even more popular in the near future.

On the negative side, the world radio modem market could encounter a slump in its growth due to constraints such as high initial cost and the lack of the ability of radio waves to transmit bulks of data simultaneously. However, the wide availability of various types of radio modems such as those for satellites - SATEL-LP and their critical applications in emergency response are expected to create scores of prospects in the market.

Global Radio Modem Market: Geographical Analysis

Among different regions deemed important for the growth of the international radio modem market, North America is envisaged to exhibit its dominance in the foreseeable future. In North America, there could be a high requirement of an effective transportation system to be fulfilled owing to the frequent usage of heavy automobiles and four-wheelers. In the recent past, the region ranked higher for the deployment of different ITS systems.

Europe and Asia Pacific Excluding Japan (APEJ) could tread on the heels of North America in their pursuit of acquiring a decent growth in the international radio modem market. APEJ is forecast to attract growth on the back of the large electronics manufacturing hub in China. Latin America, on the other hand, could demonstrate a steady growth in the near future. However, a lower share could be secured by the Middle East and Africa (MEA) in the market.

Global Radio Modem Market: Companies Mentioned

The worldwide radio modem market could incorporate leading players such as B&B Electronics MFG, Autotalks Ltd., Atim Radiocommunications, Arada Systems Inc., and Adeunis RF. The report offers a broad overview of each of the players profiled and also digs deep into vital aspects of the overall competitive landscape. Moreover, it provides a complete study of the competitive situations in the market.

Market segmentation based on geography: 

  • North America
  • Latin America
  • Western Europe
  • Eastern Europe
  • Asia Pacific Excluding Japan (APEJ)
  • Japan
  • Middle East and Africa (MEA)

The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.

The study is a source of reliable data on:

  • Market segments and sub-segments
  • Market trends and dynamics
  • Supply and demand
  • Market size
  • Current trends/opportunities/challenges
  • Competitive landscape
  • Technological breakthroughs
  • Value chain and stakeholder analysis

The regional analysis covers:

  • North America (U.S. and Canada)
  • Latin America (Mexico, Brazil, Peru, Chile, and others)
  • Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
  • Eastern Europe (Poland and Russia)
  • Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
  • Middle East and Africa (GCC, Southern Africa, and North Africa)

The report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases). The report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts and market participants across key points in the industry’s value chain.

A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the report projects the attractiveness of each major segment over the forecast period.

Highlights of the report:

  • A complete backdrop analysis, which includes an assessment of the parent market
  • Important changes in market dynamics
  • Market segmentation up to the second or third level
  • Historical, current, and projected size of the market from the standpoint of both value and volume
  • Reporting and evaluation of recent industry developments
  • Market shares and strategies of key players
  • Emerging niche segments and regional markets
  • An objective assessment of the trajectory of the market
  • Recommendations to companies for strengthening their foothold in the market   

Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.

This study by TMR is all-encompassing framework of the dynamics of the market. It mainly comprises critical assessment of consumers' or customers' journeys, current and emerging avenues, and strategic framework to enable CXOs take effective decisions.

Our key underpinning is the 4-Quadrant Framework EIRS that offers detailed visualization of four elements:

  • Customer Experience Maps
  • Insights and Tools based on data-driven research
  • Actionable Results to meet all the business priorities
  • Strategic Frameworks to boost the growth journey

The study strives to evaluate the current and future growth prospects, untapped avenues, factors shaping their revenue potential, and demand and consumption patterns in the global market by breaking it into region-wise assessment.

The following regional segments are covered comprehensively:

  • North America
  • Asia Pacific
  • Europe
  • Latin America
  • The Middle East and Africa

The EIRS quadrant framework in the report sums up our wide spectrum of data-driven research and advisory for CXOs to help them make better decisions for their businesses and stay as leaders.

Below is a snapshot of these quadrants.

1. Customer Experience Map

The study offers an in-depth assessment of various customers’ journeys pertinent to the market and its segments. It offers various customer impressions about the products and service use. The analysis takes a closer look at their pain points and fears across various customer touchpoints. The consultation and business intelligence solutions will help interested stakeholders, including CXOs, define customer experience maps tailored to their needs. This will help them aim at boosting customer engagement with their brands.

2. Insights and Tools

The various insights in the study are based on elaborate cycles of primary and secondary research the analysts engage with during the course of research. The analysts and expert advisors at TMR adopt industry-wide, quantitative customer insights tools and market projection methodologies to arrive at results, which makes them reliable. The study not just offers estimations and projections, but also an uncluttered evaluation of these figures on the market dynamics. These insights merge data-driven research framework with qualitative consultations for business owners, CXOs, policy makers, and investors. The insights will also help their customers overcome their fears.

3. Actionable Results

The findings presented in this study by TMR are an indispensable guide for meeting all business priorities, including mission-critical ones. The results when implemented have shown tangible benefits to business stakeholders and industry entities to boost their performance. The results are tailored to fit the individual strategic framework. The study also illustrates some of the recent case studies on solving various problems by companies they faced in their consolidation journey.

4. Strategic Frameworks

The study equips businesses and anyone interested in the market to frame broad strategic frameworks. This has become more important than ever, given the current uncertainty due to COVID-19. The study deliberates on consultations to overcome various such past disruptions and foresees new ones to boost the preparedness. The frameworks help businesses plan their strategic alignments for recovery from such disruptive trends. Further, analysts at TMR helps you break down the complex scenario and bring resiliency in uncertain times.

The report sheds light on various aspects and answers pertinent questions on the market. Some of the important ones are:

1. What can be the best investment choices for venturing into new product and service lines?

2. What value propositions should businesses aim at while making new research and development funding?

3. Which regulations will be most helpful for stakeholders to boost their supply chain network?

4. Which regions might see the demand maturing in certain segments in near future?

5. What are the some of the best cost optimization strategies with vendors that some well-entrenched players have gained success with?

6. Which are the key perspectives that the C-suite are leveraging to move businesses to new growth trajectory?

7. Which government regulations might challenge the status of key regional markets?

8. How will the emerging political and economic scenario affect opportunities in key growth areas?

9. What are some of the value-grab opportunities in various segments?

10. What will be the barrier to entry for new players in the market?

Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.

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