The North America Terrestrial Trunked Radio Market would witness market growth of 14.0% CAGR during the forecast period (2024-2031).
The US market dominated the North America Terrestrial Trunked Radio Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $2,968.6 million by 2031. The Canada market is experiencing a CAGR of 16.3% during (2024 - 2031). Additionally, The Mexico market would exhibit a CAGR of 15.5% during (2024 - 2031).
Terrestrial trunked radio (TETRA) is a professional mobile radio (PMR) and two-way transceiver system specifically designed for critical communication needs. Developed by the European Telecommunications Standards Institute (ETSI), TETRA is known for providing secure, reliable, and fast voice and data communication services in challenging environments. Unlike consumer-oriented communication systems, TETRA is tailored to meet the requirements of public safety, emergency response, transportation, utilities, defense, and industrial operations, where instant communication and guaranteed availability are paramount.
Moreover, as mission-critical communication becomes increasingly vital today, the market continues to grow steadily. The demand for secure and reliable communication systems is surging due to growing concerns about public safety, industrial automation, and infrastructure modernization in sectors such as transportation and utilities. Additionally, advancements in digital communication technologies, integration with LTE (Long-Term Evolution) networks, and the adoption of cloud-based solutions are revolutionizing the TETRA landscape, enhancing its efficiency and broadening its use cases.
Canada’s Aerospace Regional Recovery Initiative (ARRI), with a total budget of $250 million, aims to support the recovery and growth of the aerospace industry in the wake of the COVID-19 pandemic. This initiative, delivered through Canada’s regional development agencies (RDAs), will bolster aerospace innovation and infrastructure. The support from the Strategic Innovation Fund (SIF) and other programs highlights the growing importance of the aerospace sector, which will have significant implications for communication technologies like TETRA.
Free Valuable Insights: The Terrestrial Trunked Radio Market is Predict 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 U.S., Mexico, Canada, and Rest of North America.
By Operation
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By Device
By Country
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