Radio Modem Market
Global Radio Modem Market: Growth Factors
Cost-effectiveness and fidelity are the major factors propelling the growth of the global radio modem market. The other factors boosting the growth of the global radio modem market are individualistic and privately owned networks and minimum infrastructure demands. Additionally, an ITS needs wireless communications to enhance its system and is deploying wireless networks which are flexible, cost-effective, and smaller in size. In addition, rising government expenditure toward the implementation of different ITS systems such as advanced transportation management systems, electronic toll collection systems, and others may increase the global radio modem market growth.
Global Radio Modem Market: Segmentation
The global radio modem market is segmented based on the frequency band, operating range, application, communication channel, and geography. The frequency band segment of the market is divided into UHF, license-free, VHF, and Wi-Fi. The operating range segment of the global radio modem market is classified into long and short. The application segment of the global market is diversified into electronic toll collection, traffic management systems, emergency management system, and automotive. The communication channel segment is divided into the point to point and point to multi-point.
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