Lucintel Forecasts the Global Wireless Data Radio Modem Market to Reach $ 0.92 billion by 2030


Posted October 20, 2023 by Lucintel

According to a market report by Lucintel, the future of the global wireless data radio modem market looks promising with opportunities in the general-purpose data modem and UAV drone data modem markets

 
According to a market report by Lucintel, the future of the global wireless data radio modem market looks promising with opportunities in the general-purpose data modem and UAV drone data modem markets. The global wireless data radio modem market is expected to reach an estimated $0.92 billion by 2030 with a CAGR of 4.0% from 2024 to 2030. The major drivers for this market are increasing adoption of wireless radio modems in agricultural drones and growing application of wireless data radio modem in surveillance, aerial photography, and rescue operations.

A more than 150 – page report is developed to understand Trends, opportunity and forecast in wireless data radio modem market to 2030 by product (general-purpose data modem and UAV drone data modem), operating range (short and long), and region (North America, Europe, Asia Pacific, and the Rest of the World).

In this market, short and long are the major segments of wireless data radio modem market by operating range. Lucintel forecasts that long range will remain the larger segment over the forecast period as it provides extended line-of-sight (LOS) coverage.

Within this market, general-purpose data modem will remain the larger segment due to rising need for low infrastructure for facilitating communication and allowing the delivery of data in cost effective way.

APAC is expected to witness highest growth over the forecast period due to growth of industrialization.

Satel Oy, Intuicom, Motorola Solutions, Schneider Electric, and Digi International are the major suppliers in the wireless data radio modem market.



This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or write us at [email protected]
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Issued By Lucintel
Country United States
Categories Business
Tags wireless data radio modem market
Last Updated October 20, 2023