Global “Terrestrial Trunked Radio (TETRA) Market” report offers an overview of the market size, share, trends, drivers, and barriers with respect to the Terrestrial Trunked Radio (TETRA) Industry. Latest report on the global Terrestrial Trunked Radio (TETRA) market is a compilation of key market insights and discusses key market dynamics such as drivers, restraints, and opportunities at length. It also provides a comprehensive overview of the market of different regions across North America, Europe, Asia Pacific, South America, Africa and Others.
The Terrestrial Trunked
Radio (TETRA) Market report discusses the primary industry growth drivers and
challenges that the vendors and the market as a whole face and provides an
overview of the key trends emerging in the market. It also talks about the
market size of different segments and their growth aspects along with key
leading countries in Americas, Asia-Pacific, Europe, the Middle East, and
Africa regions.
Significant Features that
are under Offering and Key Highlights of the Reports:
• Detailed overview of Terrestrial
Trunked Radio (TETRA) Market
• Changing market dynamics
of the Terrestrial Trunked Radio (TETRA) industry
• In-depth market
segmentation by Type, Application etc
• Historical, current and
projected market size in terms of volume and value
• Competitive landscape of Terrestrial
Trunked Radio (TETRA) Market
• Strategies of key players
and product offerings
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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.
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.
Some of the companies for Terrestrial
Trunked Radio (TETRA) market are:
Thales Group, Airbus Co., Simoco Wireless
Solutions, JVCKenwood Co., and Motorola Solutions, Inc.
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