Wearable Digital Walkie Talkie Market

A walkie-talkie is a hand-held, portable, two-way radio transceiver, which is equipped with a microphone and speaker. A wearable digital walkie-talkie is a compact, battery-operated, and wearable transmitting and receiving communication device. It is used for various applications including personal activity, commercial activity, store activity, training activity, tourism activity, military, and law enforcement. The global wearable digital walkie-talkie market focuses on five regions namely North America, Latin America, Europe, Asia Pacific, and Middle East & Africa.

Market Dynamics

Rising disposable income and global consumer expenditure is the major factor boosting the demand for digital walkie-talkies. Furthermore, growing population, especially in emerging economies such as Asia Pacific is expected to drive growth of the global wearable digital walkie-talkie market during the forecast period. Consumer electronics industry across the globe, especially in emerging economies such as India and China is expanding rapidly. According to the India Brand Equity Foundation (IBEF), the Indian appliance and consumer electronics market was valued at US$ 10.93 billion in 2019 and is expected to reach US$ 21.18 billion by 2028. Evolution of consumer preference for connected devices is boosting the demand for the wearable digital walkie-talkie. Hence, these factors are expected to hinder the global wearable digital walkie-talkie market growth in the near future.

Market Taxonomy

This report segments the Wearable Digital Walkie-Talkie Market on the basis of Application and Region. On the basis of Application, Wearable Digital Walkie-Talkie Market is segmented into General Consumer (Personal Activity, Store Activity, Tourism Activity, Commercial Activity and Training Activity) and Public Institution (Military Use and Law Enforcement On the basis of region, Wearable Digital Walkie-Talkie Market is segmented into North America, Latin America, Europe, Asia pacific, Middle East and Africa.

Key features of the study:

• This report provides an in-depth analysis of the Wearable Digital Walkie-Talkie Market and provides market size (US$ Million) and compound annual growth rate (CAGR %) for the forecast period (2020-2027), considering 2019 as the base year
• It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrix for this market
• This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, regional outlook, and competitive strategy adopted by leading players
• It profiles leading players in the Wearable Digital Walkie-Talkie Market based on the following parameters – regulatory landscape, company overview, financial performance, product portfolio, geographical presence, distribution strategies, key developments and strategies, and future plans
• Key companies covered in the Wearable Digital Walkie-Talkie Market includes AWIRE Technology Corp., STARNEX Co., Ltd., Theatro, and OrionLabs, Inc.
• These key market players are focusing on collaboration strategy with other market leaders to innovate and launch new products to meet the increasing needs and requirements of consumers.
• Insights from this report would allow marketers and management authorities of companies to make informed decision regarding future product launches, technology up gradation, market expansion, and marketing tactics
• The Wearable Digital Walkie-Talkie market report caters to various stakeholders in this industry including investors, suppliers, distributors, new entrants, and financial analysts
• Stakeholders would have ease in decision-making through the various strategy matrices used in analyzing the Wearable Digital Walkie-Talkie Market

Detailed Segmentation:

• Wearable Digital Walkie-Talkie Market, By Application:
  • General Consumer
    • Personal Activity
    • Store Activity
    • Tourism Activity
    • Commercial Activity
    • Training Activity
  • Public Institution
    • Military Use
    • Law Enforcement
• Wearable Digital Walkie-Talkie Market, By Region:
  • North America
  • Latin America
  • Europe
  • Asia Pacific
  • Middle East and Africa
• Company Profiles
  • AWIRE Technology Corp.
    • Company Overview
    • Product Portfolio
    • Financial Performance
    • Key Strategies
    • Recent Developments
    • Future Plans
  • STARNEX Co., Ltd.
  • Theatro
  • OrionLabs, Inc.

Browse all the market data tables and figures on “Wearable Digital Walkie-Talkie Market - Forecast to 2027”