The Latin America, Middle East and Africa Voice Communication Control System Market would witness market growth of 8.8% CAGR during the forecast period (2022-2028).
VCCS manages and links telephones, other voice communication devices, and very high frequency (VHF) transceivers (Tx/Rx) used for ATMs. Technology advancement has enhanced the usage of voice communication systems of the next generation. To incorporate voice-over-internet protocol (VoIP) into ATM operation, standard certifications like ED-138, ED-137B, and ED-136 are necessary. Therefore, certain standards are adhered to when constructing VoIP-based ATM communication components. In addition, the need for continuous voice communication in commercial and military air traffic control is driving the use of voice communication systems.
Several defense applications, such as air traffic control (ATC) for military aircraft and military communications, use voice communication control systems. For example, military troops engaged in operations can communicate via VCCS, also used to direct the military aircraft's movement. As more military organizations worldwide invest in VCS to ensure the security and efficiency of their operations, there will likely be an increase in the need for VCCS in the military. Additionally, it is projected that the advent of new technologies, like drones and other autonomous systems, would raise demand for VCCS.
Several factors primarily drive the market for voice communication control systems. The first is that enterprises require increased control over their voice communications due to growing demand. The urge to cut expenses and increase efficiency is what motivates this. The second factor is expanding number of regulations imposed on organizations. Organizations are forced to look for solutions to better manage their voice communications. Employee usage of mobile devices, which is on the rise, is the third driver. Organizations are increasingly in need of a method to regulate and monitor voice communications.
A significant portion of the UAE's economy comes from the civil aviation industry. According to the International Air Transport Association, the aircraft transport industry supported about 800,000 employees in 2019. It contributed roughly 13.3% of the GDP of the United Arab Emirates. According to the International Trade Administration, the UAE is home to four major passenger airlines, which are Emirates Airlines in Dubai, Etihad Airways in Abu Dhabi, flydubai, and Air Arabia in Sharjah International Airport terminal expansion are just a few of the airport infrastructure projects in which the UAE government has made significant investments. Hence, the voice communication control system market is expected to expand in the LAMEA region as the region strengthens its defense capacities.
The Brazil market dominated the LAMEA Voice Communication Control System Market by Country in 2021; thereby, achieving a market value of $113.2 Million by 2028. The Argentina market is showcasing a CAGR of 9.3% during (2022 - 2028). Additionally, The UAE market would register a CAGR of 8.5% during (2022 - 2028).
Based on Component, the market is segmented into Hardware, Software and Services. Based on End-use, the market is segmented into Commercial and Defense. Based on Application, the market is segmented into Air Traffic Control, Vessel Traffic Control, Disaster & Emergency Management and Others. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
Free Valuable Insights: The Global Voice Communication Control System Market is Predict to reach $5.2 Billion by 2028, at a CAGR of 6.4%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Rohde & Schwarz GmbH & Co. KG, Thales Group S.A., Saab AB, L3Harris Technologies, Inc., S.I.T.T.I. S.p.A., Copperchase Limited, Indra Sistemas, S.A., Morcom International, Inc., Frequentis AG and Applied Electro Magnetics Pvt. Ltd.
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