Growth of LTE and LMR Networks Will Help the Global LMR Systems Market Gain Traction by 2018: TechNavio

LONDON--()--According to a new report from research firm TechNavio, the Global Land Mobile Radio (LMR) Systems Market will grow at a modest pace, and post a CAGR of 9.42 percent from 2014-2018.

The demand for secure digital communications technology has increased manifold over the past decade because of an underlying need for better solutions in tactical communication and mission-critical operations.

About the Report

The latest report from TechNavio emphasizes the increasing number of devices supporting Long-term Evolution (LTE) and Land Mobile Radio (LMR) networks as a major trend set to impact the overall market through the forecast period.

LTE-enabled devices—which are already popular among consumers—have infiltrated the public safety sphere, as these networks are deployed worldwide. End-users are increasingly leveraging the advanced features being offered by these networks.

“The industry is expected to gain more traction in terms of demand for devices that support LTE and LMR networks. These types of devices will lend a competitive edge to organizations choosing to capitalize on them, as they can switch easily between both the technologies based on the requirement at hand,” says Faisal Ghaus, Vice President of TechNavio.

Key Information Covered in the Report:

  • Market segmentation, size and forecast through 2018
  • Market Growth Drivers:
    • Increased Demand for Digital Technologies for Better Solutions
    • For a full detailed list, view our report.
  • Market Challenges:
    • Emergence of Data-efficient Technologies (LTE)
    • For a full detailed list, view our report.
  • Market Trends:
    • Increase in Number of Devices Supporting LTE and LMR Networks
    • For a full detailed list, view our report.
  • Key Vendors:
    • Airbus
    • Harris Corp.
    • Motorola Solutions Inc.
    • Raytheon JPS Communications Inc.
  • Other Prominent Vendors:
    • ARINC
    • Cobham (formerly Axell Wireless)
    • Damm Cellular Systems
    • Datron World Communications

TechNavio currently has more than 3000 market research reports on a huge range of topics, including 200+ reports on the event management:

If you are interested in more information, please contact our media team at media@technavio.com.

Contacts

TechNavio Research
Jes Ellacott, Media & Marketing Executive
US: +1-630-333-9501
UK: +44 208 123 1770
www.technavio.com
media@technavio.com

Release Summary

According to a new report from research firm TechNavio, the Global Land Mobile Radio (LMR) Systems Market will grow at a modest pace, and post a CAGR of 9.42 percent from 2014-2018.

Contacts

TechNavio Research
Jes Ellacott, Media & Marketing Executive
US: +1-630-333-9501
UK: +44 208 123 1770
www.technavio.com
media@technavio.com