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...
Growth of Land Mobile Radio Market to be backed by its Growing Applications in the Coming Years
Land mobile radios, also called public land mobile radio or private land mobile radio, has transformed the way of communication between two stations, owing to the rapid adoption of digital technology for LMRs over analog technology. LMRs find usage in several applications where communications play an essential role in daily operations, with the major applications being military & defense and public...