0
2021
Walkie Talkie Market

Walkie Talkie Market

by Product Type (Analog and Digital), End User (Residential, and Commercial), Distribution Channel (Offline Channel and Online Channel): Global Opportunity Analysis and Industry Forecast, 2021-2030
Update Available On-Demand

Report Code: A13085
Pages: 265
Aug 2021 | 4187 Views
Author(s) : Priya , Roshan Deshmukh
Tables: 125
Charts: 55
  • Formats*:

  • Single User License, Five User
    License & Enterprise User License

  • Data Pack Excel License

  • It comes with the additional cost
    of $2500.00 contact sales.

 

COVID-19

Pandemic disrupted the entire world and affected many industries.

Get detailed COVID-19 impact analysis on the Walkie Talkie Market

Request Now !

The global walkie talkie market was valued at $3.2 billion in 2020, and is projected to reach $7.3 billion by 2030, registering a CAGR of 8.8% from 2021 to 2030.

Walkie-Talkie is a terminal device used for communication purpose. These devices are not restricted by the network and thus, allow users to communicate easily where the network is not covered. There are two types of walkie talkies available in the market, namely, analog, and digital. Additionally, these walkie talkies are easily available through various sales channel including online sales channel, and offline sales channels such as majorly business to business sales channel.

walkie-talkie-market-2021-2030

Additionally, The  end users  are focusing toward walkie talkie embedded with new advanced technology. Thus, walkie talkie manufacturers are launching new innovative walkie talkie infused with IoT (Internet of Things) such as wearable digital walkie talkie and manufacturers are also incorporating new features in walkie talkie to remain competitive in the market. Thus, such factors contribute to growth of the walkie talkie market, in terms of value sales.   

Covid-19 Impact Analysis

  • The outbreak of the COVID-19 pandemic has shown a slightly negative impact on the market. 
  • The declaration during the COVID-19 outbreak regarding the shutdown of notable proportion of the hospitality industry, airports, has hampered the sale of walkie talkie across the world. 
  • Additionally, strict lockdown forced manufacturers to cut down their production output, halting the production facilities. This in turn has also hampered the growth of the walkie talkie market in the year 2020.
  • However, the Walkie Talkie market is rapidly returning to its normal stage, countersigning a steady increasing demand, majorly from the industrial sectors.

The global walkie talkie market segments are categorized into product type, end user, distribution channel, and region. By product type, it is classified into analog and digital. By end user, it is divided into residential and commercial. On the basis of distribution channel, the market is segregated into online channel and offline channel. Region wise, the market is analyzed across North America (the U.S., Canada, and Mexico), Europe (Germany, France, UK, Italy, Spain, Russia and rest of Europe), Asia-Pacific (China, India, Australia & New Zealand, Japan, South Korea, ASEAN, and rest of Asia-Pacific), and LAMEA (Brazil, Saudi Arabia, South Africa, Turkey and Rest of LAMEA).

By product type, the analog segment accounted for the highest walkie talkie market share in 2020 and is expected to remain its dominance during the forecast period. This is majorly because analog walkie talkies are available at cheaper price over digital walkie talkie which is the key driver for its sales among the users such as event management, big hotels & resorts, and others.

Walkie Talkie Market
By Product Type

Your browser does not support the canvas element.

The Analog segment dominates the global walkie talkie market and is expected to retain its dominance throughout the forecast period.

Get more information on this report : Request Sample Pages

By end user, the market is divided into residential, and commercial. In 2020, the commercial segment accounted for the highest walkie talkie market share in the global walkie talkie market. This is attributable to the rising adoption of walkie talkie in big hotels & resorts, event management firms and rising spending by governments and public safety agencies on communication devices including walkie talkie.

Walkie Talkie Market
By End Use

Your browser does not support the canvas element.

The commercial segment dominates the global walkie talkie market and is expected to retain its dominance throughout the forecast period.

Get more information on this report : Request Sample Pages

By distribution channel, the market is divided into online channel and offline channel. In 2020, the offline channel segment accounted for the highest market share in the global walkie talkie market. This is majorly attributable to the heavy discounts offered by the B2B sales channels to the commercial users on their bulk purchase that boosts the sale of walkie talkie through B2B sales channels across the globe, which notably contributes toward the growth of the overall market. However online store is expected to be the fastest growing segment during the forecast period in terms of value sales. 

Walkie Talkie Market
By Distribution Channel

Your browser does not support the canvas element.

The offline channel segment dominates the global walkie talkie market and is expected to retain its dominance throughout the forecast period.

Get more information on this report : Request Sample Pages

Region wise, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA. North America accounted for the highest market share in 2020. The North America walkie talkie market dominated the use of walkie talkie, owing to the rising spending by government on devices like walkie talkie for security purpose which, in turn, drives demand for walkie talkies in this region. However, Asia-Pacific is expected to be the fastest growing segment during the walkie talkie forecast period.

Walkie Talkie Market
By Regions

2030
North America 
Europe
Asia-pacific
Lamea

The North America segment dominates the global walkie talkie market and is expected to retain its dominance throughout the forecast period.

Get more information on this report : Request Sample Pages

Key players operating in the global walkie talkie market focus on prominent strategies to overcome competition and maintain as well as improve their share worldwide. Some of the major players in the global industry analyzed in this report include Entel Group Hongkong Retevis Trade Co., Ltd., Hytera Communications Corporation Limited, Icom Inc., JVCKENWOOD USA Corporation, Kirisun Communication Co., Ltd, Motorola Solution, Inc., Shenzhen HQT Science & Technology Co., Ltd., Tait Communications and Uniden Holdings Corporation.

Key Benefits For Stakeholders

  • This report provides a quantitative analysis of the current walkie talkie market trends, estimations, and dynamics of the market for the period of 2020–2030 to identify the prevailing market opportunities.
  • The key countries in four major regions have been mapped based on their market share.
  • Porter’s five forces analysis highlights the potency of buyers and suppliers to enable stakeholders to make profit-oriented business decisions and strengthen their supplier–buyer network.
  • In-depth analysis of the market segmentation assists to determine the prevailing walkie talkie market opportunities.
  • Major countries in each region have been mapped according to their revenue contribution to the global industry. 
  • Market player positioning facilitates benchmarking and provides a clear understanding of the present position of market players.
  • The report includes both regional as well as global the walkie talkie market analysis, key players, market segments, application areas, and walkie talkie market growth strategies.

Key Market Segments

By Product type

  • Analog
  • Digital

By End Use

  • Residential
  • Commercial

By Distribution Channel

  • Offline Channel
  • Online Channel

By Region

  • North America
    • U.S.
    • Canada
    • Mexico
  • Europe
    • Germany
    • France
    • UK
    • Italy
    • Spain
    • Russia
    • Rest of Europe 
  • Asia-Pacific
    • China
    • Japan
    • India
    • Australia and New Zealand
    • South Korea
    • ASEAN
    • Rest of Asia-Pacific
  • LAMEA
    • Brazil
    • Saudi Arabia
    • South Africa
    • Turkey
    • Rest of LAMEA
 

Loading Table Of Content...


 
 

Key market players operating in the walkie talkie market have adopted key developmental strategies such as product launch to fuel demand for walkie talkie in the market, in terms of value sales. In addition, they have also emphasized on continuous innovations in their products to maintain a strong foothold in the market and to boost the walkie talkie demand globally. In addition, to cater to the rising needs of the hospitality industry, defense sector, airports, luxury hotels & resorts and other, manufacturers are continuously developing innovative walkie talkie to bolster the sales.

According to the key market players, adoption of IoT and advanced technologies in walkie talkie enables to offer advance functions like hands free operations, better coverage and others. All these benefits offered by walkie talkie promotes their use among consumers. Moreover, the rising adoption of wearable digital walkie talkie among the users across the globe is expected to offer a huge opportunity for the growth of the overall market in terms of value sales.

However, the range and bandwidth limitation, is projected to hamper growth of the walkie talkie market during the forecast period.
 

PURCHASE OPTIONS

Call or Email us

U.S.-Canada Toll-free: +1-800-792-5285
Int'l : +1-503-894-6022
Europe : + 44-845-528-1300
Email : help@alliedmarketresearch.com
 
FREQUENTLY ASKED QUESTIONS?

A. The global walkie talkie market was valued at is projected to reach $7.3 billion by 2030.

A. The global walkie talkie market is projected to register a CAGR of 8.8% from 2021 to 2030.

A. You can raise the query to our sales team, and they will get back to you with the sample for the walkie talkie market report.

A. The global walkie talkie market segments are categorized into product type, end user, distribution channel, and region

A. The top players analyzed in this report are Entel Group, Hongkong Retevis, Hytera Communications, Icom , JVCKENWOOD, Kirisun Communication, Motorola Solution, Shenzhen HQT Science & Technology, Tait Communications and Uniden Holdings Corporation.

A. North America holds the maximum market share in the walkie talkie market.

A. Asia-Pacific is expected to be the top investment pocket in the walkie talkie market during the forecast period.

A. The Walkie Talkie market is rapidly returning to its normal stage, countersigning a steady increasing demand, majorly from the industrial sectors

Looking for Customization?

 Customization Request

Have a Question?

 Speak with Analyst

Any Confusion?

 Inquire Before Buying

Have a glance of the Report

  Request Free Sample
 

HAVE QUESTIONS?
SPEAK WITH ANALYST

 

DID YOU MISS ANYTHING?
DO YOU HAVE SPECIFIC REQUIREMENTS?

 

Download Free Sample

OR

Purchase Full Report of
Walkie Talkie Market

Start reading instantly.
This Report and over 18,881+ more Reports, Available with Avenue Library. T&C*.

  • Online Only
  • $3,712
  • Online cloud access only
  • Restricted print, copy, paste & download
  • Read only
  • Free industry update
    (Within 180 days)
  • Free report update in next update cycle
    (Aug 2022 - Aug 2023)
  • Data Pack
  • $4,125
  • Restricted to one authorized user
  • One print only
  • Available in
    Excel
  • Free industry update
    (Within 180 days)
  •   Free report update in next update cycle
    (Aug 2022 - Aug 2023)
  • Single User
  • $5,769
  • Restricted to one authorized user
  • One print only
  • Available in
    PDF
  • Free industry update
    (Within 180 days)
  •   Free report update in next update cycle
    (Aug 2022 - Aug 2023)
  • Five Users
  • $6,929
  • Limited to five authorized users
  • Print upto five copies
  • Available in
    PDF
  • Free industry update
    (Within 180 days)
  •   Free report update in next update cycle
    (Aug 2022 - Aug 2023)
  • Enterprise
    License/PDF

  • $10,663
  • Unlimited
    within
    company/enterprise
  • Available in Excel & PDF
  • Free industry update
    (Within 180 days)
  •   Free report update in next update cycle
    (Aug 2022 - Aug 2023)
  • Library
    Membership

  • $ 999
    Per User/ Per month/ Billed annually
  • Published Content
    E-access
  • Company Profiles
    E-access
  • Newly Added Content Access
  • 10 PDF
    Downloads
  • 5 Excel Data
    Pack Downloads
  • 250 Company Profiles PDF Downloads
  • Buy Now

*Taxes/Fees, if applicable will be added during checkout. All prices in USD

 

Why Allied Market Research?

 

Infallible Methodology

To ensure high-level data integrity, accurate analysis, and impeccable forecasts

Analyst Support

For complete satisfaction

Customization

On-demand customization of scope of the report to exactly meet your needs

TARGETED MARKET VIEW

Targeted market view to provide pertinent information and save time of readers

Get fresh content delivered

Get insights on topics that are crucial for your business. Stay abreast of your interest areas.

Get Industry Data Alerts

Why Allied Market Research?

Infallible Methodology

To ensure high-level data integrity, accurate analysis, and impeccable forecasts

Analyst Support

For complete satisfaction

Customization

On-demand customization of scope of the report to exactly meet your needs

TARGETED MARKET VIEW

Targeted market view to provide pertinent information and save time of readers