Asia Pacific Terrestrial Trunked Radio (TETRA) System Market Size, Share & Industry Trends Analysis Report By Component (Hardware and Software), By Device, By Modes of Operation, By End User, By Country and Growth Forecast, 2021 - 2027
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Market Report Description
The Asia Pacific Terrestrial Trunked Radio (TETRA) System Market would witness market growth of 16.9% CAGR during the forecast period (2021-2027).
Terrestrial trunked radio systems come with OLED panels that show information about battery consumption. This function allows users to control how much time they spend on their devices. Additionally, TETRA-approved equipment allows users to transfer data from a device through wired as well as wireless connections, improving communication.
Moreover, terrestrial trunked radio systems are comprised with robust security and privacy management technology in order to disable any unauthorized third party to access the interaction among TETRA devices. These devices are end-to-end encrypted with AES algorithm. AES or advanced encryption security is a symmetric block cipher which is majorly used to protect voice chats or other classified information. The AES algorithm is either integrated in the software or the hardware of TETRA devices and plays a major role in preventing sensitive information and data from leaking. Due to this function, TETRA systems are considered as one of the safest mediums of interaction among numerous applications.
The market in this region has been pushed by the presence of significant industrial sectors, as well as increasing focus of the regional countries on offering better communication medium to their frontline staff, an increase in infrastructure activities, and advancements in communication. The market in this area is growing due to accelerating demand for higher bandwidth and increased government spending for improved communication in China. According to the Department of Telecommunications, India's broadband penetration reached 625.42 million in September 2019, up more than 100 percent since the country's first 4G networks were launched in 2015. Moreover, with the rising prevalence of public safety threats such as traffic management issues and other criminal offenses, the utilization of the TETRA technology is increasing.
The China market dominated the Asia Pacific Terrestrial Trunked Radio (TETRA) System Market by Country 2020, and would continue to be a dominant market till 2027; thereby, achieving a market value of $515.7 million by 2027. The Japan market is poised to grow at a CAGR of 16.3% during (2021 - 2027). Additionally, The India market would witness a CAGR of 17.7% during (2021 - 2027).
Based on Component, the market is segmented into Hardware and Software. Based on Device, the market is segmented into Portable and Vehicular. Based on Modes of Operation, the market is segmented into Trunked Mode Operation (TMO) and Direct Mode Operation (DMO). Based on End User, the market is segmented into Military & Defense, Government & Public Safety, Commercial, Industrial, Transportation, Utilities, and Others. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
Free Valuable Insights: The Worldwide Terrestrial Trunked Radio (TETRA) System Market is Projected to reach USD 5.1 Billion by 2027, at a CAGR of 16.3%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include DAMM Cellular Systems A/S, Hytera Communications Corporation Limited, Rohill Engineering B.V., Rolta India Limited, JVCKENWOOD Corporation, Simoco Wireless Solutions, Airbus SE, and Motorola Solutions, Inc.
Scope of the Study
Market Segments Covered in the Report:
By Modes of Operation
- Trunked Mode Operation (TMO)
- Direct Mode Operation (DMO)
By End User
- Military & Defense
- Government & Public Safety
- South Korea
- Rest of Asia Pacific
Key Market Players
List of Companies Profiled in the Report:
- DAMM Cellular Systems A/S
- Hytera Communications Corporation Limited
- Rohill Engineering B.V.
- Rolta India Limited
- JVCKENWOOD Corporation
- Simoco Wireless Solutions
- Airbus SE
- Motorola Solutions, Inc.
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