[210 Pages Report] The wireless data radio modem market was valued at USD 557.6 Million in 2017 and is expected to reach USD 724.1 Million by 2023, at a CAGR of 4.03% during the forecast period. The base year used for this study is 2017, and the forecast period is between 2018 and 2023.
Objectives of Wireless Data Radio Modem Market Study
- To define, describe, and forecast the wireless data radio modem market segmented on the basis of product type, operating range, and geography
- To forecast the market size, in terms of value, for various segments with respect to four main regions, namely, North America, Europe, Asia Pacific (APAC), and Rest of the World (RoW)
- To provide detailed information and analysis of the major factors influencing the market growth (drivers, restraints, opportunities, and challenges)
- To strategically analyze the micromarkets with respect to individual growth trends, prospects, and contributions to the total market
- To analyze opportunities in the market for stakeholders by identifying high-growth segments of the wireless data radio modem market
- To strategically profile the key players and comprehensively analyze their market positions in terms of ranking and core competencies along with detailing the competitive landscape for market leaders
- To analyze growth strategies such as product launches and developments, acquisitions, expansions, and agreements adopted by major players in the wireless data radio modem market
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The research methodology used to estimate and forecast the wireless data radio modem equipment market begins with capturing data on key vendor revenues through secondary research. The secondary sources include Federal Communications Commission – Research Papers, European Telecommunications Standards Institute (ETSI) – Journals, Institute of Electrical and Electronics Engineers (IEEE) – Research Papers, and MarketsandMarkets Analysis. Moreover, the vendor offerings have been taken into consideration to determine the market segmentation. The bottom-up procedure has been employed to arrive at the size of the overall wireless data radio modem from the revenue of the key players in this market. After arriving at the overall market size, the total market has been split into several segments and subsegments, which have been verified through primary research by conducting extensive interviews with key experts such as CEOs, VPs, directors, and executives. The data triangulation and market breakdown procedures have been employed to complete the overall market engineering process and arrive at the exact statistics for all segments and subsegments. The breakdown of the profiles of primary respondents is depicted in the following figure.
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The wireless data radio modem market comprises following players: Intuicom (US), SATEL OY (Finland), Motorola Solutions (US), Schneider Electric (France), Digi International (US), Pacific Crest (US), Advantech B+B SmartWorx (US), FreeWave Technologies (US), Cohda Wireless (Australia), Campbell Scientific (US), Harris Corporation (US), Pro4 Wireless (Sweden), SIMREX Corporation (US), Wood & Douglas (UK), GE Grid Solutions (US), JAVAD GNSS (US), ABB (Switzerland), Harxon Corporation (China), Adeunis (France), ATIM Radiocommunications (France), Encom Wireless (Canada), Microhard Systems (Canada), and Arada Systems (US).
Target Audience:
- Raw material and manufacturing equipment suppliers
- Original equipment manufacturers (OEMs)
- Research institutes
- Market research and consulting firms
- Forums, all Wireless Data Radio Modem Market Scope: iances, and associations
- Technology investors
- Governments and financial institutions
- Analysts and strategic business planners
- End users willing to know more about the technology and the latest technological developments in the wireless data radio modem industry
Wireless Data Radio Modem Market Scope:
To provide a holistic picture, the current market demand and forecasts have also been included in the report. The market segmentation is given below.
Wireless Data Radio Modem Market, By Product Type
- General-Purpose Data Modem
- UAV Drone Data Modem
Product Type, By Application
- General-Purpose Data ModemSCADA and telemetryMining and Geo-ExplorationPrecision FarmingTransportationMachine Control (Industrial)Others (Wireless Utilities Management, Remote Weather Monitoring, and Smart Grid)UAV Drone Data ModemMining and Geo-Exploration (Including Land Survey)Precision FarmingTransportationOthers (Construction, Utilities, and Coastal Monitoring)
Wireless Data Radio Modem Market, By Operating Range
- Short Range
- Long Range
Wireless Data Radio Modem Market, By Geography
- North America: US, Canada, Mexico
- Europe: Germany, France, UK, Italy, Russia, Rest of Europe (RoE)
- Asia Pacific (APAC): China, India, Japan, Rest of APAC (RoAPAC)
- Rest of the World (RoW): South America, Middle East & Africa