Two-Way Radio Communication Market Size & Share Analysis - Growth Trends & Forecasts (2025 - 2030)

Global Two Way Communication Radio Systems Market is Segmented by Type (Analog, Digital), End User Industry (Business Use (Government and Public Safety, Utilities, Industry, and Commerce), Private Use), and Geography (North America, Europe, Asia-Pacific, Rest of the World). The market sizes and forecasts are provided in terms of value (USD) for all the above segments.

Two-Way Radio Communication Market Size & Share Analysis - Growth Trends & Forecasts (2025 - 2030)

Two-Way Radio Market Size

Two Way Radio Market Summary
Study Period 2019 - 2030
Market Size (2025) USD 10.52 Billion
Market Size (2030) USD 14.47 Billion
CAGR (2025 - 2030) 6.59 %
Fastest Growing Market North America
Largest Market North America
Market Concentration Medium

Major Players

Two Way Radio Market Major Players

*Disclaimer: Major Players sorted in no particular order

Compare market size and growth of Global Two-Way Radio Market with other markets in Technology, Media and Telecom Industry

Automation

Digital Commerce

Electronics

Information Technology

Media and Entertainment

Security & Surveillance

Two-Way Radio Market Analysis

The Global Two-Way Radio Market size is estimated at USD 10.52 billion in 2025, and is expected to reach USD 14.47 billion by 2030, at a CAGR of 6.59% during the forecast period (2025-2030).

The demand for reliable and real-time communication is growing as business prospects expand. Additionally, expanded channel capacity, longer range coverage, improved voice quality, longer battery life, GPS tracking, and trucking are some of the primary advantages driving the adoption of two-way digital radio. A digital two-way radio system improves the radio communications system's performance and efficiency. It provides access to various integrated applications and solutions that can unify communications from beginning to end, revolutionizing how businesses operate.

  • Military spending is increasing worldwide due to various factors, including more combat, increased government measures to enhance the military and defense sector, and increased terrorism. For the first time in 2021, global military spending reached two trillion dollars, reaching USD 2113 billion. According to Stockholm International Peace Research Institute figures, global spending in 2021 was 0.7 percent more than in 2020 and 12 percent higher than in 2012. (SIPRI). For instance, in June 2021, The US Army requested a bulk of the network modernization increase of USD 228 million for the handheld, manpack, and small form fit (HMS) radio program.
  • The transportation and logistics sector is all based on tight deadlines and time scales, whether companies use trains or buses or goods being transported from A to B. Everything should be supplied when and where customers expect it. Meeting those expectations necessitates consistent, clear voice and data communication throughout the supply chain, from the warehouse to the delivery point. Drivers who can speak without being distracted safely.Instantaneous, dependable two-way radio communication assists delivery and logistics companies in streamlining operations and controlling costs.
  • Hospital workers use radios to communicate with security to deescalate hostile situations and facilitate patient care across units and departments. Stadium and hospitality security officers rely on excellent communication to maintain crowd control and day-to-day operations and deliver successful events as venues return to full capacity. Administrators and security officials in schools use radios to manage the safe arrival and departure of kids through different entrances.
  • For example, During the pandemic and civic unrest of 2020, the need for interoperable and fast communication during emergencies was heightened at Sinai Chicago, a network of four hospitals on Chicago's West and Southwest sides. The hospitals upgraded to a digital radio system, allowing them to increase their incident command and day-to-day operations chat groups.
  • Before the COVID-19 epidemic, two-way radio equipment surged to improve staff communication on the floor and ensure safety. The advent of the COVID-19 pandemic, on the other hand, caused disruptions in several areas, including manufacturing, transportation and logistics, education, and retail. Several government initiatives to combat the virus's spread, such as travel restrictions and social isolation, resulted in the temporary closure of retail stores, manufacturing plants, and educational institutions, negatively impacting the two-way radio equipment market in the first two quarters of 2020.

Two-Way Radio Industry Overview

The Global Two-Way Radio market is moderate. Players tend to invest in innovating their product offerings to cater to business and private use of changing demands. Moreover, players adopt strategic activities like partnerships, mergers, and acquisitions to expand their presence. Some of the recent developments in the market are:

  • May 2022 - Icom will release IC-M510/E VHF marine radio with wireless LAN function. IC-M510/E devices running RS-M500 software (for Android/iOS) can remotely control IC-M510/E via wireless LAN. The radio can be connected to up to three devices. There is also a communication function between the device and the IC-M510/E. The color display shows real-time AIS marine information from the integrated Automatic Identification System (AIS) receiver.
  • June 2021 - Mobile Communications America Inc., based in Spartanburg, South Carolina, has purchased Two-Way Radio Inc., a Wytheville-based communications systems and devices producer for public safety and industrial clients (MCA).

Two-Way Radio Market Leaders

  1. Motorola

  2. Tait Communications

  3. JVCKENWOOD Corporation

  4. Uniden America Corporation

  5. Wintec Co., Ltd

  6. *Disclaimer: Major Players sorted in no particular order
Two Way Radio Market Concentration
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Two-Way Radio Market News

  • January 2022 - Motorola Solutions announced the launch of the MOTOTRBO R7, two-way digital radio with advanced audio features and a slim, rugged design to connect teams in loud, rough, and dynamic environments. The MOTOTRBO R7 voice communications system uses the DMR standard to produce sharp, clear speech with industrial-level noise cancellation, automatic feedback suppression, and automatic volume adjustment based on background noise for greater intelligibility.
  • December 2021 - Hytera, a provider of professional communications technologies and solutions, has announced that its long-term business partner Global Beam Telecom has secured a contract with Virgin Megastore to sell Hytera TF series radios (two-way radios) in all Virgin Megastore outlets across the United Arab Emirates, including Dubai Mall, Mall of the Emirates, Abu Dhabi Yas Mall, and others. It's available in analog and digital versions, and it helps small businesses provide better customer service through greater two-way communication.

Two-Way Radio Market Report - Table of Contents

1. INTRODUCTION

  • 1.1 Study Assumption and Market Definition
  • 1.2 Scope of the Study

2. RESEARCH METHODOLOGY

3. EXECUTIVE SUMMARY

4. MARKET INSIGHTS

  • 4.1 Market Overview
  • 4.2 Types of Personal Radio Services
    • 4.2.1 Citizen Band Radio Service(CB)
    • 4.2.2 Family Radio Service(FRS)
    • 4.2.3 General Mobile Radio Service(GMRS)
    • 4.2.4 Low Power Radio Service(LPRS)
    • 4.2.5 Multi-Use Radio Service(MURS)
  • 4.3 Industry Attractiveness - Porter's Five Forces Analysis
    • 4.3.1 Threat Of New Entrants
    • 4.3.2 Bargaining Power Of Suppliers
    • 4.3.3 Bargaining Power Of Buyers
    • 4.3.4 Threat Of Substitutes
    • 4.3.5 Intensity Of Competitive Rivalry
  • 4.4 Market Drivers
    • 4.4.1 Array of advantages over a cellular phone
    • 4.4.2 Simple Interface to establish connection
  • 4.5 Market Challenges
    • 4.5.1 Ease of availability with multiple users leads to congested channels
  • 4.6 Industry Value Chain Analysis
  • 4.7 Assessment of the Impact of Covid-19 on the Market

5. MARKET SEGMENTATION

  • 5.1 By Type
    • 5.1.1 Analog
    • 5.1.2 Digital
  • 5.2 By End User Industry
    • 5.2.1 Business Use
    • 5.2.1.1 Government and Public Safety
    • 5.2.1.2 Utilites
    • 5.2.1.3 Industry and Commerce
    • 5.2.2 Private Use
  • 5.3 By Geography
    • 5.3.1 North America
    • 5.3.2 Europe
    • 5.3.3 Asia-Pacific
    • 5.3.4 Rest of the World

6. COMPETITIVE LANDSCAPE

  • 6.1 Company Profiles
    • 6.1.1 Motorola
    • 6.1.2 Tait Communications
    • 6.1.3 JVCKENWOOD Corporation
    • 6.1.4 Uniden America Corporation
    • 6.1.5 Wintec Co., Ltd
    • 6.1.6 Binatone
    • 6.1.7 Kenwood
    • 6.1.8 Icom America
    • 6.1.9 Wanhua
    • 6.1.10 Yaesu
    • 6.1.11 Sepura
    • 6.1.12 BFDX
    • 6.1.13 Alinco
    • 6.1.14 Kirisun
    • 6.1.15 Midland
  • *List Not Exhaustive

7. INVESTMENT ANALYSIS

8. FUTURE OUTLOOK

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Two-Way Radio Industry Segmentation

The term "two-way radio" refers to a technology that allows people to communicate with one other via radio waves. Each user is provided with a radio unit that transmits and receives voice and data over radio waves. A two-way radio system can be as simple as two radios connected directly to each other or as complicated as an encrypted nationwide network. The Global Two-Way Radio Market is segmented by Type ( Analog, Digital), End User Industry ( Business Use ( Government and Public Safety, Utilities, Industry, and Commerce), Private Use ), and Geography.

By Type Analog
Digital
By End User Industry Business Use Government and Public Safety
Utilites
Industry and Commerce
Private Use
By Geography North America
Europe
Asia-Pacific
Rest of the World
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Two-Way Radio Market Research FAQs

How big is the Global Two-Way Radio Market?

The Global Two-Way Radio Market size is expected to reach USD 10.52 billion in 2025 and grow at a CAGR of 6.59% to reach USD 14.47 billion by 2030.

What is the current Global Two-Way Radio Market size?

In 2025, the Global Two-Way Radio Market size is expected to reach USD 10.52 billion.

Who are the key players in Global Two-Way Radio Market?

Motorola, Tait Communications, JVCKENWOOD Corporation, Uniden America Corporation and Wintec Co., Ltd are the major companies operating in the Global Two-Way Radio Market.

Which is the fastest growing region in Global Two-Way Radio Market?

North America is estimated to grow at the highest CAGR over the forecast period (2025-2030).

Which region has the biggest share in Global Two-Way Radio Market?

In 2025, the North America accounts for the largest market share in Global Two-Way Radio Market.

What years does this Global Two-Way Radio Market cover, and what was the market size in 2024?

In 2024, the Global Two-Way Radio Market size was estimated at USD 9.83 billion. The report covers the Global Two-Way Radio Market historical market size for years: 2019, 2020, 2021, 2022, 2023 and 2024. The report also forecasts the Global Two-Way Radio Market size for years: 2025, 2026, 2027, 2028, 2029 and 2030.

Two-Way Radio Industry Report

Statistics for the 2025 Global Two-Way Radio market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Global Two-Way Radio analysis includes a market forecast outlook for 2025 to 2030 and historical overview. Get a sample of this industry analysis as a free report PDF download.