Published by Coherent Market Insights
Posted on September 20, 2021
United States/WA: The global Wearable Digital Walkie-Talkie Market was accounted for US$ 11, 44.6 Mn in terms of value and 8,805 Thousand units in terms of volume in 2019 and is expected to grow at CAGR of 31.9% for the period 2020-2027.
Report Pages:[130 Pages]
The Competitive Area of the Wearable Digital Walkie-Talkie Market is Defined by Key Players Like:-AWIRE Technology Corp., STARNEX Co., Ltd., Theatro, and OrionLabs, Inc.
With the emergence of wearable digital walkie talkie, it is easy to monitor the activities of a person in the field. This tool is specially designed for the military, police, and even the emergency services industry. It is battery operated communicating device. One of the key advantages of this device is that it has the ability to make calls in situations where a person needs to be mobile at the same time. Another benefit of using this type of device is being able to call someone with the push of a button. The wearable digital walkie-talkie market is segmented on the basis of type into commercial, professional, and civil. On the basis of application, it is categorized into industrial, consumer, and public institutional.
The growing advancement in consumer electronic products is driving the market growth of the wearable digital walkie-talkie. Continuous product innovation in the digital walkie-talkie is again contributing to market growth. For instance, in October 2020, Relay, the cellular walkie-talkie replacement from Republic Wireless, announced the launch of Newest Enterprise ‘Walkie-Talkie Killer Relay+, its next-generation enterprise model developed to give today’s frontline, deskless workforce a simple and powerful communication solution.
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https://www.coherentmarketinsights.com/insight/request-sample/3893
On the other hand, the high cost of the wearable digital walkie-talkie is expected to act as a restraint to the market over the forecast period. Nevertheless, the rising demand for products from the various manufacturing sector is projected to offer immense growth opportunities in the near future.
From the geographical point of view, the Asia Pacific is expected to gain significant growth over the forecast period and this is attributed to increasing demand for consumer electronic products in the region. According to the India Brand Equity Foundation, the Indian appliance and consumer electronics (ACE) market reached Rs 76,400 crore (US$ 10.93 billion) in 2019. The appliances and consumer electronics industry is expected to double to reach Rs 1.48 lakh crore (US$ 21.18 billion) by 2025.
Key Developments:
In September 2019, Everbridge an enterprise safety software applications company and RiskBand, a provider of wearable, live-monitored professional safety devices formed a partnership to cater to the safety needs of employees who may not always have access to a smartphone
In September 2018, Sequans Communications and Orion Labs, a communication technology services provider announced their strategic partnership to develop the first LTE-enabled Orion smart walkie-talkie, Orion Sync
.
Detailed Segmentation:
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Email: sales@coherentmarketinsights.com
The post [PDF] Increased disposable income is expected to drive growth of the wearable digital walkie-talkie market during the forecast period appeared first on Gatorledger.
United States/WA: The global Wearable Digital Walkie-Talkie Market was accounted for US$ 11, 44.6 Mn in terms of value and 8,805 Thousand units in terms of volume in 2019 and is expected to grow at CAGR of 31.9% for the period 2020-2027.
Report Pages:[130 Pages]
The Competitive Area of the Wearable Digital Walkie-Talkie Market is Defined by Key Players Like:-AWIRE Technology Corp., STARNEX Co., Ltd., Theatro, and OrionLabs, Inc.
With the emergence of wearable digital walkie talkie, it is easy to monitor the activities of a person in the field. This tool is specially designed for the military, police, and even the emergency services industry. It is battery operated communicating device. One of the key advantages of this device is that it has the ability to make calls in situations where a person needs to be mobile at the same time. Another benefit of using this type of device is being able to call someone with the push of a button. The wearable digital walkie-talkie market is segmented on the basis of type into commercial, professional, and civil. On the basis of application, it is categorized into industrial, consumer, and public institutional.
The growing advancement in consumer electronic products is driving the market growth of the wearable digital walkie-talkie. Continuous product innovation in the digital walkie-talkie is again contributing to market growth. For instance, in October 2020, Relay, the cellular walkie-talkie replacement from Republic Wireless, announced the launch of Newest Enterprise ‘Walkie-Talkie Killer Relay+, its next-generation enterprise model developed to give today’s frontline, deskless workforce a simple and powerful communication solution.
Request a sample copy of the report to understand the structure of the complete report:
https://www.coherentmarketinsights.com/insight/request-sample/3893
On the other hand, the high cost of the wearable digital walkie-talkie is expected to act as a restraint to the market over the forecast period. Nevertheless, the rising demand for products from the various manufacturing sector is projected to offer immense growth opportunities in the near future.
From the geographical point of view, the Asia Pacific is expected to gain significant growth over the forecast period and this is attributed to increasing demand for consumer electronic products in the region. According to the India Brand Equity Foundation, the Indian appliance and consumer electronics (ACE) market reached Rs 76,400 crore (US$ 10.93 billion) in 2019. The appliances and consumer electronics industry is expected to double to reach Rs 1.48 lakh crore (US$ 21.18 billion) by 2025.
Key Developments:
In September 2019, Everbridge an enterprise safety software applications company and RiskBand, a provider of wearable, live-monitored professional safety devices formed a partnership to cater to the safety needs of employees who may not always have access to a smartphone
In September 2018, Sequans Communications and Orion Labs, a communication technology services provider announced their strategic partnership to develop the first LTE-enabled Orion smart walkie-talkie, Orion Sync.
Detailed Segmentation:
Go Through Our Trusted Clients List: https://www.coherentmarketinsights.com/trusted-by
People Also Search For Following Reports:
Contact Us:
Mr. Shah
Coherent Market Insights
1001 4th Ave,
#3200
Seattle, WA 98154
Tel: +1-206-701-6702
Email: sales@coherentmarketinsights.com
The post [PDF] Increased disposable income is expected to drive growth of the wearable digital walkie-talkie market during the forecast period appeared first on Gatorledger.
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