Land Professional Mobile Radio Market Size

Statistics for the 2023 & 2024 Land Professional Mobile Radio market size, created by Mordor Intelligence™ Industry Reports. Land Professional Mobile Radio size report includes a market forecast to 2029 and historical overview. Get a sample of this industry size analysis as a free report PDF download.

Market Size of Land Professional Mobile Radio Industry

Land Professional Mobile Radio Market Summary
Study Period 2019 - 2029
Market Size (2024) USD 24.40 Billion
Market Size (2029) USD 45.49 Billion
CAGR (2024 - 2029) 11.07 %
Fastest Growing Market Asia Pacific
Largest Market Europe

Major Players

Land Professional Mobile Radio Market Major Players

*Disclaimer: Major Players sorted in no particular order

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Land Professional Mobile Radio Market Analysis

The Land Professional Mobile Radio Market size is estimated at USD 24.40 billion in 2024, and is expected to reach USD 45.49 billion by 2029, growing at a CAGR of 11.07% during the forecast period (2024-2029).

  • The market is proliferating due to the rapidly increasing focus on improving communication technologies among law enforcement agencies and public safety organizations. Moreover, land professional mobile radio systems are also majorly used in transportation, manufacturing, utilities, healthcare, and other industry verticals.
  • Land professional mobile radio is also in high demand due to continuously rising quick and secure transmissions in various environments. Moreover, many mission-critical communications technologies support law enforcement organizations to stream video and access real-time data. Therefore, it also helps improve decision-making capabilities by incorporating video streaming and data applications.
  • The growing government aid through investments and collaborations to boost the adoption of professional land radios is analyzed to boost the demand, thereby contributing to the market growth rate. For instance, in March 2023, A document on land mobile radio (LMR) for IT professionals was developed by CISA, SAFECOM, and the National Council of Statewide Interoperability Coordinators to explore how public safety organizations implement LMR technologies, provide best practices for LMR system implementation and integration, address some LMR operational and maintenance issues, and discuss possible disconnects between IT professionals and LMR engineers.
  • Moreover, many major vendors in this market are continuously innovating their products to create a distinct differentiation from their competitors and indulging in partnership activities, which is expected to broaden the reach of the market over the forecast period.
  • There are several constraints and challenges faced by the land professional mobile radio market due to the spectrum bandwidth limitation. To overcome these difficulties and guarantee the continuous expansion and effectiveness of PMR systems, efforts to resolve these constraints through appropriate spectrum allocation, harmonization, and technology developments are essential.
  • The integration of long-term evolution (LTE) with LMRs is also gaining traction, as the importance of integration, instead of substitution, is greater. Despite the development of LTE failback standards, land mobile radio technology will remain valuable for its variety of failsafe options to maintain communications even if network components are damaged or out of service.
  • At the same time, their situational awareness and ability to respond to emergencies are being improved by technology. For example, purpose-built applications to store information on dangerous materials or patient monitoring devices fall into this category. These applications demonstrate the need for first responders to talk at all times and that they should also exchange information such as text, pictures, or even additional elements of information. These factors essentially contribute to the market growth rate during the forecast period.

Land Professional Mobile Radio Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)