Terrestrial Trunked Radio Market Trends

Growth Drivers

• Growing Adoption of Smartphones -Considering over 5 billion smartphone users around the world as of 2023, approximately 84% of the individuals on the planet are smartphone owners. There has been ongoing research into deploying terrestrial trucked radio applications in smartphones. The utilization of smartphones is a growing trend all across the world. Almost every sector including police in various nations is incorporating smartphones in their day-to-day task which is why there has been a surge in research on merging TETRA and smartphones. Various key companies are set forward in manufacturing hybrid TETRA. For instance, The Tactilon Dabat, the first gadget to merge a smartphone and a PMR radio into one, is poised to change the game when it comes to business communications.

• Increasing Need for Encrypted Communication -Due to its status as a digital trunked radio communication standard, TETRA is ideal for use in mission-critical activities including public safety and emergency services, where dependable and secure communication is crucial. Improved security requirements, mission-critical applications, information confidentiality, secure voice, and data transmission, protection against eavesdropping, and government and defense applications are some of the key factors illustrating the way the requirement for encrypted communications contributes to the growth of the global terrestrial trunked radio (TETRA) market. Additionally, TETRA has established its position as a top option for businesses with crucial communication requirements due to its capacity to deliver safe, encrypted communication in difficult circumstances. Strong encryption features are expected to be in high demand, fueling the worldwide market continued expansion as security concerns continue to evolve. Thus, during the forecast period, the worldwide TETRA market is anticipated to develop as a result of the growing demand for encrypted communication.

• Rising Advancement in Technology  -The market has expanded owing to technological advancements. Better penetration and dependable data are ensured by the successful TETRA device user sector with the development of broadband technologies like 3G, 4G, and 5G. The primary reasons propelling the market's expansion are the operators' ongoing expenditures in LTE infrastructure and the widespread use of the internet as a result of the rise in mobile data traffic brought about by social network popularity, which has also contributed to the expansion of transportation and logistics.

Challenges

• High Cost of Terrestrial Trunked Radio - The high costs and concerns connected with TETRA systems may be ascribed to various variables such as infrastructure investment, maintenance and support, training and certification, equipment expenses, licensing fees, and customization for specific applications. Additionally, migrating to TETRA from an outdated communication system involves costs related to staff retraining, equipment phase-out, and facilitating a seamless transfer to the new technology. Organizations may need to make system upgrade investments as technology develops to keep up with industry standards and new features. Therefore, over the projected period, the market's growth will be hindered by the high investment and maintenance costs associated with TETRA systems.

• Lack of Development of Terrestrial Trunked Radio

• Might Face Efficiency