The Latin America, Middle East and Africa Terrestrial Trunked Radio Market would witness market growth of 17.3% CAGR during the forecast period (2024-2031).
The Brazil market dominated the LAMEA Terrestrial Trunked Radio Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $227.2 million by 2031. The Argentina market is showcasing a CAGR of 18% during (2024 - 2031). Additionally, The UAE market would register a CAGR of 16.1% during (2024 - 2031).
TETRA is also deployed in large-scale industrial settings such as oil and gas, mining, and manufacturing plants. These sectors require robust communication solutions for operational efficiency and worker safety. Ensures communication in offshore and onshore drilling sites, where safety is a top priority. Real-time coordination between production teams and safety officers improves operational productivity and risk management.
Additionally, TETRA systems are increasingly used in large events, theme parks, and hotels to manage security, logistics, and crowd control. From music festivals to international sporting events, organizers rely on TETRA for real-time communication and rapid response.
Dubai’s ambitious Autonomous Transportation Strategy, with a goal of having 25% of all transportation be autonomous by 2030, alongside the introduction of 4,000 autonomous taxis by the Roads and Transport Authority (RTA), is expected to significantly impact the growth of the market. This market provides communication systems crucial for autonomous vehicles' safety and operational efficiency, particularly in urban environments.
Free Valuable Insights: The Worldwide Terrestrial Trunked Radio Market is Projected to reach USD 11.89 Billion by 2031, at a CAGR of 14.6%
Based on Operation, the market is segmented into Trunked Mode Operation (TMO), and Direct Mode Operation (DMO). Based on Component, the market is segmented into Hardware, and Software. Based on Application, the market is segmented into Public Safety & Government, Defense, Commercial & Industry, Transportation & Logistics, Utilities, and Other Application. Based on Device, the market is segmented into Portable, and Vehicular. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
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