The size of Ground Tactical Radio Markets will reach 5.1 billion. USD in 2027
Ground Tactical Radio Market is expected to grow at a healthy CAGR of 4.4% during the forecast period to reach a value of US$ 5.1 Bn in 2027; reports Stratview Research.
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Raipur, April 21, 2022 (GLOBE NEWSWIRE) — Stratview Research, a leading market research firm, has released a report on the Ground Tactical Radio market, which provides an in-depth analysis of market dynamics, current and emerging trends, industry forecast, and competitive landscape.
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The report is of very high utility to leading decision makers and strategists in terms of accurate market insights, future growth opportunities and key success factors.
Most importantly, the report analyzes the potential impact of COVID-19 on market dynamics, which provides protection against the uncertain business environment and helps to optimize resources and investment decisions in a fruitful manner.
What are the main market drivers?
There has been an increase in the production of lightweight tactical radios in recent years, which should induce more demand in the general market.
In addition, there have been a number of investments in the defense industry targeting terrestrial tactical radios in recent years, which would boost the overall market. Some of them are:
Terrestrial Tactical Radio Market Segmentation:
Stratview Research has segmented the market in the following ways that address the market data needs of various stakeholders across the industry value chain.
See report scope and table of contents: This may interest you : Source, Telecom News, ET Telecom.