Rapid Growth Ahead: LMR Market Set for 10.7% CAGR Driven by Public Safety and Defense Sectors
The land mobile radio market is projected to grow from USD 17.89 billion in 2024 to reach USD 32.24 billion by 2030, growing at a CAGR of 10.7% from 2025 to 2030. Initially, land mobile radio systems were based on analog voice service and grew to digital capabilities that produced group calls, very short voice call initiation times, high-quality audio transmission, and ultimate priority...
Global Future Trends of Land Mobile Radio Industry: Growth Trends, Regional Insights, and Future Opportunities
The Land Mobile Radio (LMR) industry is witnessing a dynamic transformation, driven by the demand for reliable communication systems across various sectors such as public safety, defense, transportation, and commercial industries. The global market for LMR is poised for steady growth as advancements in digital technology, hybrid communication systems, and increasing global investments in critical...