Global Wireless Data Radio Modem Market (2023-2028) Competitive Analysis, Impact of Covid-19, Ansoff Analysis

The Global Wireless Data Radio Modem Market is estimated to be USD 720.45 Mn in 2023 and is expected to reach USD 885.42 Mn by 2028 growing at a CAGR of 4.21%.

Market Dynamics

Wireless data radio modems are well suited for SCADA and telemetry applications in small and medium process industries due to lower operational costs and greater dependability in line-of-sight wireless connections. The factors such as greater extensibility, reduced cost and time, mobility, ease of installation, and improved efficiency have prompted the demand of the global wireless data radio modem market. The rising demand for industrial automation, transportation, and supportive government programs will also lead to the market's growth. However, factors such as network signals that are subject to a wide variety of interference may obstruct market growth.

Rising adoption in emerging economies is expected to generate untapped opportunities for market participants.

Market Segmentation

• The Global Wireless Data Radio Modem Market is segmented further based on Product Type, Operating Range, and Geography.
• By Product Type, the market is classified into Wireless Data Radio Modem & UAV Drone Data Modem.
• By Operating Range, the market is classified as Short Range and Long Range.
• By Geography, APAC is projected to lead the market.

Recent Developments

1. Schneider Electric Launch Geo SCADA as a Managed Service - 28 July 2021

Company Profiles

Some of the companies covered in this report are SATEL, Raveon Technologies, Schneider Electric, Digi International, Pacific Crest, Advantech, ABB, etc.

Countries Studied

• America (Argentina, Brazil, Canada, Chile, Colombia, Mexico, Peru, United States, Rest of Americas)
• Europe (Austria, Belgium, Denmark, Finland, France, Germany, Italy, Netherlands, Norway, Poland, Russia, Spain, Sweden, Switzerland, United Kingdom, Rest of Europe)
• Middle-East and Africa (Egypt, Israel, Qatar, Saudi Arabia, South Africa, United Arab Emirates, Rest of MEA)
• Asia-Pacific (Australia, Bangladesh, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Sri Lanka, Thailand, Taiwan, Rest of Asia-Pacific)

Competitive Quadrant

The report includes Competitive Quadrant, a proprietary tool to analyze and evaluate the position of companies based on their Industry Position score and Market Performance score. The tool uses various factors for categorizing the players into four categories. Some of these factors considered for analysis are financial performance over the last 3 years, growth strategies, innovation score, new product launches, investments, growth in market share, etc.

Why buy this report?

• The report offers a comprehensive evaluation of the Global Wireless Data Radio Modem Market. The report includes in-depth qualitative analysis, verifiable data from authentic sources, and projections about market size. The projections are calculated using proven research methodologies.
• The report has been compiled through extensive primary and secondary research. The primary research is done through interviews, surveys, and observation of renowned personnel in the industry.
• The report includes an in-depth market analysis using Porter's 5 forces model and the Ansoff Matrix. In addition, the impact of Covid-19 on the market is also featured in the report.
• The report also includes the regulatory scenario in the industry, which will help you make a well-informed decision. The report discusses major regulatory bodies and major rules and regulations imposed on this sector across various geographies.
• The report also contains the competitive analysis using Positioning Quadrants, the Proprietary competitive positioning tool.

Report Highlights:

• A complete analysis of the market, including parent industry
• Important market dynamics and trends
• Market segmentation
• Historical, current, and projected size of the market based on value and volume
• Market shares and strategies of key players
• Recommendations to companies for strengthening their foothold in the market