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(EMAILWIRE.COM, March 21, 2019 ) According to the new market research report "Wireless Data Radio Modem Market by Product (General-Purpose Data Modem (Application: SCADA & Telemetry, Precision Farming), UAV Drone Data Modem (Application: Precision Farming, Transportation)), Operating Range, and Geography - Global Forecast to 2023", this market is expected to grow from USD 594.4 Million in 2018 to USD 724.1 Million by 2023, at a CAGR of 4.03% between 2018 and 2023. The growth of the wireless data radio modem market is driven by the growing demand for radio modems in agricultural drones and surveys, dominance of radio modems in SCADA and telemetry applications, and low operational costs and more power-efficiency of private radio networks using radio modems. Moreover, increase in the number of exemptions for the use of UAV drones in the commercial applications is the major opportunity for the growth of the market.
DonÂ’t miss out on business opportunities in Wireless Data Radio Modem Market. Speak to our analyst and gain crucial industry insights that will help your business grow: https://www.marketsandmarkets.com/speaktoanalystNew.asp?id=29689326
This report covers the wireless data radio modem market segmented on the basis of product type, operating range, product type-specific application, and geography. In terms of operating range, the market for long range is expected to grow at the highest CAGR between 2018 and 2023. The long range (LoRa) technology is particularly ideal for many applications because of its long-range capability. Long-range radio modems often provide extended line-of-sight (LoS) coverage compared to higher frequency communications and are used when operators require operations over the distance larger than ultrahigh-frequency (UHF) range.
General-purpose wireless data radio modem is expected to hold a larger share of the market during the forecast period. The demand for radio modems is increasing as these modems require minimal infrastructure for facilitating communication and ensuring the delivery of data, in the form of voice and video, in the most cost-effective and reliable manner.
The UAV drone wireless data radio modem market for precision farming application is expected to grow at the highest CAGR during the forecast period. UAVs are a natural progression from macro- to micro-farming and large- to small-scale farms. Drones equipped with radio modems have a large number of applications in the agriculture sector, including seeding, spraying, and livestock farming. Thus, the use of radio modems operating at unlicensed UHF and VHF bands in unmanned aircraft systems have now become a valuable agricultural decision-making tool.
Browse and in-depth TOC on "Wireless Data Radio Modem Market"
35 - Tables
57 - Figures
210 - Pages
View more detailed TOC @
https://www.marketsandmarkets.com/Market-Reports/wireless-data-radio-modem-market-29689326.html
APAC is expected to hold the largest share of the wireless data radio modem market. The rapid increase in industrialization in the emerging economies such as China and India in this region during the past several years is a major factor contributing to the growth of the market in APAC. Also, the growing capital expenditure by the governments of these developing countries in ITS, smart grid, and mining and geo-exploration is expected to propel the demand for wide area network (WAN) based on radio modems during the forecast period.
Some of the restraints for the studied market are the requirement of high initial investment, and stiff competition from the alternatives such as Sigfox, LoRa, and NB–IoT.
Request for Free Sample Report @ https://www.marketsandmarkets.com/requestsampleNew.asp?id=29689326
The companies that are profiled in the report are Intuicom (US), SATEL OY (Finland), Motorola Solutions (US), Schneider Electric (France), Digi International (US), Pacific Crest (US), Advantech B+B SmartWorx (US), FreeWave Technologies (US), Cohda Wireless (Australia), Campbell Scientific (US), Harris Corporation (US), Pro4 Wireless (Sweden), SIMREX Corporation (US), Wood & Douglas (UK), GE Grid Solutions (US), JAVAD GNSS (US), ABB (Switzerland), Harxon Corporation (China), Adeunis (France), ATIM Radiocommunications (France), Encom Wireless (Canada), Microhard Systems (Canada), and Arada Systems (US).
Browse Adjacent Markets @ Semiconductor and Electronics Market Research Reports & Consulting
About MarketsandMarkets™
MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.
Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.
MarketsandMarketsÂ’s flagship competitive intelligence and market research platform, "Knowledgestore" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.
Contact:
Mr. Shelly Singh
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA : 1-888-600-6441
sales@marketsandmarkets.com
Visit MarketsandMarkets Blog@ http://www.marketsandmarketsblog.com/market-reports/electronics-and-semiconductors
Connect with us on LinkedIn @ http://www.linkedin.com/company/marketsandmarkets
Website: http://www.marketsandmarkets.com/
MarketsandMarkets™
Mr. Shelly Singh
1-888-600-6441
raviraj.tak@marketsandmarkets.com 
Source: EmailWire.com
(EMAILWIRE.COM, March 21, 2019 ) According to the new market research report "Wireless Data Radio Modem Market by Product (General-Purpose Data Modem (Application: SCADA & Telemetry, Precision Farming), UAV Drone Data Modem (Application: Precision Farming, Transportation)), Operating Range, and Geography - Global Forecast to 2023", this market is expected to grow from USD 594.4 Million in 2018 to USD 724.1 Million by 2023, at a CAGR of 4.03% between 2018 and 2023. The growth of the wireless data radio modem market is driven by the growing demand for radio modems in agricultural drones and surveys, dominance of radio modems in SCADA and telemetry applications, and low operational costs and more power-efficiency of private radio networks using radio modems. Moreover, increase in the number of exemptions for the use of UAV drones in the commercial applications is the major opportunity for the growth of the market.
DonÂ’t miss out on business opportunities in Wireless Data Radio Modem Market. Speak to our analyst and gain crucial industry insights that will help your business grow: https://www.marketsandmarkets.com/speaktoanalystNew.asp?id=29689326
This report covers the wireless data radio modem market segmented on the basis of product type, operating range, product type-specific application, and geography. In terms of operating range, the market for long range is expected to grow at the highest CAGR between 2018 and 2023. The long range (LoRa) technology is particularly ideal for many applications because of its long-range capability. Long-range radio modems often provide extended line-of-sight (LoS) coverage compared to higher frequency communications and are used when operators require operations over the distance larger than ultrahigh-frequency (UHF) range.
General-purpose wireless data radio modem is expected to hold a larger share of the market during the forecast period. The demand for radio modems is increasing as these modems require minimal infrastructure for facilitating communication and ensuring the delivery of data, in the form of voice and video, in the most cost-effective and reliable manner.
The UAV drone wireless data radio modem market for precision farming application is expected to grow at the highest CAGR during the forecast period. UAVs are a natural progression from macro- to micro-farming and large- to small-scale farms. Drones equipped with radio modems have a large number of applications in the agriculture sector, including seeding, spraying, and livestock farming. Thus, the use of radio modems operating at unlicensed UHF and VHF bands in unmanned aircraft systems have now become a valuable agricultural decision-making tool.
Browse and in-depth TOC on "Wireless Data Radio Modem Market"
35 - Tables
57 - Figures
210 - Pages
View more detailed TOC @
https://www.marketsandmarkets.com/Market-Reports/wireless-data-radio-modem-market-29689326.html
APAC is expected to hold the largest share of the wireless data radio modem market. The rapid increase in industrialization in the emerging economies such as China and India in this region during the past several years is a major factor contributing to the growth of the market in APAC. Also, the growing capital expenditure by the governments of these developing countries in ITS, smart grid, and mining and geo-exploration is expected to propel the demand for wide area network (WAN) based on radio modems during the forecast period.
Some of the restraints for the studied market are the requirement of high initial investment, and stiff competition from the alternatives such as Sigfox, LoRa, and NB–IoT.
Request for Free Sample Report @ https://www.marketsandmarkets.com/requestsampleNew.asp?id=29689326
The companies that are profiled in the report are Intuicom (US), SATEL OY (Finland), Motorola Solutions (US), Schneider Electric (France), Digi International (US), Pacific Crest (US), Advantech B+B SmartWorx (US), FreeWave Technologies (US), Cohda Wireless (Australia), Campbell Scientific (US), Harris Corporation (US), Pro4 Wireless (Sweden), SIMREX Corporation (US), Wood & Douglas (UK), GE Grid Solutions (US), JAVAD GNSS (US), ABB (Switzerland), Harxon Corporation (China), Adeunis (France), ATIM Radiocommunications (France), Encom Wireless (Canada), Microhard Systems (Canada), and Arada Systems (US).
Browse Adjacent Markets @ Semiconductor and Electronics Market Research Reports & Consulting
About MarketsandMarkets™
MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.
Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.
MarketsandMarketsÂ’s flagship competitive intelligence and market research platform, "Knowledgestore" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.
Contact:
Mr. Shelly Singh
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA : 1-888-600-6441
sales@marketsandmarkets.com
Visit MarketsandMarkets Blog@ http://www.marketsandmarketsblog.com/market-reports/electronics-and-semiconductors
Connect with us on LinkedIn @ http://www.linkedin.com/company/marketsandmarkets
Website: http://www.marketsandmarkets.com/
MarketsandMarkets™
Mr. Shelly Singh
1-888-600-6441
raviraj.tak@marketsandmarkets.com
Source: EmailWire.com
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