Urology Surgical Market: Industry Research Report 2018-2025 Land Mobile Radio Market | Page 2
Land Mobile Radio Market to 2025
Publication Month: Jan 2018| No. of Pages: 171| Report Code:
TIPTE100000451 | Category: Technology, Media and Telecomunications
Introduction:
The global LMR market is estimated to grow at a CAGR of 10.9% during the forecast period 2017 – 2025 and
accounts for US$ 16,226.1 Mn in the year 2025.
A sophisticated radio trunking device that allows two-way radio communication for critical information pass on
services and other such applications is a land mobile radio. LMR is being widely used by governments and
enterprises for the simplicity of communication it brings for the users. It caters to the services of terrestrial users
to communicate with each other. With the rising demand for LMR technology from the private organizations, the
market for LMR will grow in the coming years. LMR systems are highly being used in the commercial sector that
includes utilities, transportation, industrial, logistics, security, and several others. Mostly, the companies that are
in daily business operations require this technology more than the others in the commercial sector.
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