Lewes, DE -- (SBWIRE) -- 07/28/2018 -- Walkie Talkie market will register a 9.0% CAGR in terms of revenue, reach US$ 9990 million by 2023, from US$ 5960 million in 2017.

A walkie-talkie (more formally known as a handheld transceiver, or HT) is a hand-held, portable, two-way radio transceiver. Its development during the Second World War has been variously credited to Donald L. Hings, radio engineer Alfred J. Gross, and engineering teams at Motorola. Similar designs were created for other armed forces, and after the war, walkie-talkies spread to public safety and eventually commercial and jobsite work.

Major characteristics include a half-duplex channel (only one radio transmits at a time, though any number can listen) and a "push-to-talk" (PTT) switch that starts transmission. Typical walkie-talkies resemble a telephone handset, possibly slightly larger but still a single unit, with an antenna mounted on the top of the unit. Where a phone's earpiece is only loud enough to be heard by the user, a walkie-talkie's built-in speaker can be heard by the user and those in the user's immediate vicinity. Hand-held transceivers may be used to communicate between each other, or to vehicle-mounted or base stations.

The global Walkie Talkie industry is characterized by several large international manufactures and many smaller regional manufactures. Therefore, market share concentration is low. The two largest operators account for about 22.75 % of total industry revenue in 2016. Larger companies are looking to expand their footprint in nearby areas, where they can add value and turn once-struggling operations into profitable ventures. Key market players include Motorola, JVCKENWOOD, Icom, Hytera, Sepura, Tait, Cobra, Yaesu, Entel Group, and Uniden among others.

Digital Walkie Talkie covered over 57.32 % of the market share in 2016, and is projected to dominate the market over the estimated period. This sector is likely to rise at a CAGR of 8.91% from 2017 to 2022.

Worldwide, Government and Public Safety was the largest consumer of Walkie Talkie, which is responsible for about 42.33 percent of Walkie Talkie consumption in 2016.

Over the next five years,study projects that Walkie Talkie will register a 9.0% CAGR in terms of revenue, reach US$ 9990 million by 2023, from US$ 5960 million in 2017.

This report studies the global market, especially in North America, Europe, Asia-Pacific, South America, Middle East and Africa, focuses on the top 5 players in each region, with sales, price, revenue and market share from 2013 to 2018, the top players:
Motorola
JVCKENWOOD
Icom
Hytera
Sepura
Tait
Cobra
Yaesu
Entel Group
Uniden
Midland
BFDX
Kirisun
Quansheng
HQT
Neolink
Lisheng
Abell
Weierwei

Market Segment by Regions, this report splits Global into several key Regions, with sales, revenue, market share of top players in these regions, from 2013 to 2018 (forecast), like
North America (United States, Canada and Mexico)
Asia-Pacific (China, Japan, Southeast Asia, India and Korea)
Europe (Germany, UK, France, Italy and Russia etc.)
South America (Brazil, Chile, Peru and Argentina)
Middle East and Africa (Egypt, South Africa, Saudi Arabia)

Split by Product Types, with sales, revenue, price, market share of each type, can be divided into
Analog Walkie Talkie
Digital Walkie Talkie

Split by applications, this report focuses on sales, market share and growth rate in each application, can be divided into
Government and Public Safety
Utilities
Industry and Commerce
Others

Spanning over 145 pages "Forecast of Global Walkie Talkie Market 2023" report covers Walkie Talkie Market Overview, Global Walkie Talkie Sales, Revenue (Value) and Market Share by Players, Global Walkie Talkie Sales, Revenue (Value) by Regions, Type and Application (2013-2018), North America Top 5 Players Walkie Talkie Sales, Revenue and Price, Europe Top 5 Players Walkie Talkie Sales, Revenue and Price, Asia-Pacific Top 5 Players Walkie Talkie Sales, Revenue and Price, South America Top 5 Players Walkie Talkie Sales, Revenue and Price, Middle East & Africa Top 5 Players Walkie Talkie Sales, Revenue and Price, Global Walkie Talkie Players Profiles/Analysis, Global Walkie Talkie Market Forecast (2018-2023), Walkie Talkie Manufacturing Cost Analysis, Industrial Chain, Sourcing Strategy and Downstream Buyers, Marketing Strategy Analysis, Distributors/Traders, Market Effect Factors Analysis, Research Findings and Conclusion, Appendix.

Please visit this link for more details: https://www.marketresearchreports.com/mrrpb2/forecast-global-walkie-talkie-market-2023

Find all Telecom Reports at: https://www.marketresearchreports.com/telecom

For related reports please visit: https://www.marketresearchreports.com/search/site/Walkie%2520Talkie

Read our Interactive Market Research Blog

About MarketResearchReprots.com
MarketResearchReprots.com is world's largest store offering quality market research, SWOT analysis, competitive intelligence and industry reports. We help Fortune 500 to Start-Ups with the latest market research reports on global & regional markets which comprise key industries, leading market players, new products and latest industry analysis & trends.

Contact us for your market research requirements:https://www.marketresearchreports.com/contact