Ham Radio (Hand Helds) Market size is set to grow by USD 2.26 billion

[W9ALB]

NEW YORK, June 28, 2024 /PRNewswire/

-- The global walkie talkie market size is estimated to grow by USD 2.26 billion from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of almost 5.75%  during the forecast period. Shift to digital walkie talkies is driving market growth, with a trend towards convergence of LTE networks with LMR technology. However, increasing data congestion poses a challenge.

Key market players include Cedar Electronics Corp., Entel UK Ltd., Fujian Baofeng Electronics Co. Ltd., Fujian BelFone Communications Technology Co. Ltd., Garmin Ltd., Hytera Communications Corp. Ltd., Icom Inc., JVCKENWOOD Corp., Kirisun Communication Co. Ltd., Midland Radio Corp., Motorola Solutions Inc., Quansheng Electronics Co. Ltd., Quanzhou Senhaixun Electronic Technology Co. Ltd., Shenzhen HQT Science and Technology Co. Ltd., SWIFTCOM TECHNOLOGY PTE LTD., Tait International Ltd., TALKPRO, Uniden America Corp., VITAI Electronics Co. Ltd., and Wintec Co. Ltd..

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