PMR Market Expects 10% Annual Growth through 2020
Thursday, June 02, 2016 | Comments

The global professional mobile radio (PMR) market is expected to record a compound annual growth rate (CAGR) of more than 10 percent until 2020, according to the latest research report from Technavio.

This report, titled “Global Professional Mobile Radio Market 2016 – 2020,” provides an in-depth analysis of the market in terms of revenue and emerging trends. To calculate the market size, the report considers revenue generated from the sales of PMR users' handheld devices with technologies such as TETRA and Digital Mobile Radio (DMR), sales of PMR transceiver devices and sales of PMR gateways.

“The integration of Long Term Evolution (LTE) attributes with PMR system capabilities will benefit LTE users by reducing response time, delivering real-time information sharing, and permitting the transmission of complex voice and video data,” said Rakesh Kumar Panda, a Technavio lead industry analyst for machine-to-machine (M2M) and connected devices. “Given the high availability of PMR and the prospect of using LTE technology in critical communication processes, the demand for devices that support LTE and PMR networks is rising among organizations.

“The use of LTE in commercial spaces to maintain public safety is expected to gain significant momentum over the next four years, and consequently the global PMR market will also grow.”

Other driving forces behind the growth of the global PMR market are the penetration of PMR into diverse industries, increased demand for broadband data on PMR devices for public safety and the need for TETRA in the transportation sector.

For instance, the military police of Brazil, responsible for maintaining public order in federal districts, depends on TETRA technology. The recently launched TETRA network will replace analog radio systems in the future.

The PMR market is experiencing a significant demand for TETRA in the transportation sector such as railway stations, metros, seaports, bus stations and airports. As of 2015, the transportation sector contributed more than the public-safety domains in terms of the number of individual networks deployed worldwide.

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