Home > Semiconductors & Electronics > Electronics > Walkie Talkie Market

Walkie Talkie Market Share

Report ID: GMI8740
Published Date: Mar 2024
Report Format: PDF

Download Free Sample

Walkie Talkie Market Share

Motorola Solutions, Inc., and Hytera Communications Corporation Limited hold a significant share of over 10%. Motorola Solutions, Inc. is a global leader in the walkie-talkie market, renowned for its innovative communication solutions tailored for public safety, enterprise, and commercial applications. With a rich history dating back to the invention of the first handheld mobile phone, Motorola has established itself as a trusted provider of mission-critical communication technologies, including two-way radios, walkie-talkies, and push-to-talk (PTT) solutions.

Hytera Communications Corporation Limited is a leading global provider of professional mobile radio (PMR) communications solutions, including walkie-talkies, two-way radios, and related accessories. Founded in 1993 and headquartered in Shenzhen, China, Hytera has established itself as a key player in the walkie-talkie market, serving a diverse range of industries and sectors worldwide.

Walkie Talkie Market Companies

Major players operating in the market are:

Neato Robotics, Inc Motorola Solutions, Inc.
Hytera Communications Corporation Limited
Kenwood Corporation
Tait Communications
ICOM INC.
ENTEL GROUP
KIRISUN COMMUNICATION CO., LTD

Authors: Suraj Gujar, Sandeep Ugale

Frequently Asked Questions (FAQ) :

Market size for walkie talkie was valued at over USD 3.5 billion in 2023 and is anticipated to surpass USD 8.3 billion by 2032, driven by the rising trend toward smaller and portable communication devices.

Digital walkie talkie market segment accounted for a revenue share of over 60% in 2023 and is set to gain traction by 2032, driven by the need for reliable, efficient, and secure communication solutions.

Asia Pacific market held a decent revenue share in 2023 and is expected to maintain a robust CAGR of over 10.5% from 2024 to 2032, driven by rapid economic growth, coupled with the expansion of industries including construction, manufacturing, hospitality, and security.

Neato Robotics, Inc Motorola Solutions, Inc., Hytera Communications Corporation Limited, Kenwood Corporation, Tait Communications, ICOM INC., ENTEL GROUP, KIRISUN COMMUNICATION CO., LTD. are some of the major industry contenders.