6th
August 2019 – The terrestrial trunked radio (TETRA) market
global size is predicted to value at USD 6.5 billion by 2025, during the
forecast period. The terrestrial trunked radio (TETRA) market is anticipated to
witness a substantial growth due to the rise in demand for highly secured
networking infrastructure and need for public safety. The key factors
escalating growth of the terrestrial trunked radio (TETRA) market are
increasing use of smartphones with user safety option and in-built GPS and
navigation applications.
Various tools designed to meet specific terms set by
TETRA standards allows users to accurately locate desired location. The
terrestrial trunked radio (TETRA) equipment also allows users to store and
distribute data through wired and wireless communication channel. Such
equipment provides further advantages such as superior audio quality and
noise-cancelation. Globally, the terrestrial trunked radio (TETRA) market is
predicted to grow at a CAGR of 17.8% in forecast period, providing numerous
opportunities for market players to invest in research and development in the
terrestrial trunked radio market.
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Furthermore, recent technological advancements for
secured communication in regards to the safety of privately owned data is provoking
number of broadcasters to embed terrestrial trunked radio (TETRA) equipment
into their devices. Various features such as geographic information system
(GIS), fingerprint recognition, multiple calling feature, call recording, alarm
clock, and events & schedule priority management systems are offered with
the use of TETRA systems. Deployment of such feature in numerous industrial and
public safety application is expected to intensify market performance.
Though, higher cost associated with the deployment and
repair of communication tools is predicted to hinder market expansion. Also,
vast amount of infrastructure needed during deployment of TETRA equipment and
high capital investments is obstructing market growth. Complexities associated
with hardware integration, incorporation with other devices and difficulties in
obtaining TETRA licenses, are some crucial factors limiting growth
opportunities for the market.
Terrestrial trunked radio (TETRA) is considered as a
collection of guidelines, derived by the ETSI (i.e. European Telecommunications
Standardization Institute) to define entire network of wired and wireless
communications infrastructure in the region. The network communication channels
are specially designed for public services such as police and fire departments.
Application of TETRA also extends to utility companies, and other communication
businesses to offer audio and video communications services.
TETRA utilizes digital trunking principal to
automatically monitor and guide radio traffic. TETRA-based equipment is
manufactured with in-built encryption services to offer the safety and secrecy
for the private data and communications. Such systems are capable of offering
high data transfer rates in comparison with regular type of mobile communications.
The TETRA standard are also designed to meet critical requirements for number
of a conventional professional mobile radio (PMR) consumer organizations.
Terrestrial trunked radio (TETRA) provides numerous
advantages such as faster message set-up time, multiple calling systems, direct
communication between two distant radios, packet data services and data
transfer services within local network. Other advantages include superior
frequency economy and numerous advanced safety features. The use of high-end technologies
such as time division multiple access (TDMA) techniques offers high efficiency
to fully utilize the frequency spectrum.
The market is divided into regional market segment such
as North America, Europe, Asia-Pacific, and RoW. Europe has shown major growth
in recent years owing to the growing number of government approved projects to
boost implementation of terrestrial trunked radio (TETRA) equipment.
Asia-Pacific region is predicted to hold major market share in the terrestrial
trunked radio market with massive growth in forecast period due to the rising
concerns regarding public safety and meeting demands of IT infrastructure.
RoW has also shown significant progress in the
terrestrial trunked radio (TETRA) market due to spurring adoption of terrestrial
trunked radio (TETRA) equipment by various industry segment such as utility
sector. The key players in the terrestrial trunked radio (TETRA) industry are
Thales Group, Airbus Co., Simoco Wireless Solutions, JVCKenwood Co., and
Motorola Solutions, Inc.
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