Global Radio Modem Market Size, Share, Opportunities, COVID-19 Impact, And Trends By Frequency (HF, UHF, VHF), By Communication Channel (Point To Point, Point To Multi-Point), By Application (Vehicle To Infrastructure Communication, Traffic Management System, Electronic Fee Collection, Emergency Management System), And By Geography - Forecasts From 2021 To 2026

Published:  Nov 2021 Report Code: KSI061610711 Pages: 119

The global radio modem market is expected to grow at a compound annual growth rate of 8.48% over the forecast period to reach a market size of US$1,098.596 million in 2026 from US$621.427 million in 2019. The global radio modem market is expected to attain great significance due to its rising demand in industrial as well as commercial sectors. Cost-effectiveness and increasing demand for wireless connectivity are expected to be the major growth driver of the global radio modem market.

Market Drivers

Cost-effectiveness and low infrastructure requirements are the major key factors that are responsible for the development of the global radio modem industry. The market is foreseen to grow on account of two main factors i.e., low infrastructure cost and privately owned networks. Radio modem devices are anticipated to gain high demand in the future because of advanced technology. Moreover, the wireless nature of these devices could make them more popular in the future.

The rise in demand for private networks for better management and quick communications to take quick and responsive decisions in transportation, construction, or at the time of difficulty is expected to increase the demand for wireless devices in the coming years.

The rising demand for wireless radio modems from industrial and commercial sectors is an essential factor accelerating the market growth, also increased usage of wireless data radio modem in surveillance, aerial photography, search and rescue operations in the law enforcement sector and rising usage of drones for numerous applications in agriculture such as spraying fertilizers, pesticides are the major factors for boosting the market.

North- America is expected to dominate the global radio modem market during the forecasted period due to the high requirement of an effective transportation system owing to the frequent usage of heavy automobiles and four wheelers.

Technological Development

The latest technological developments in this industry are also one of the major factors which are responsible for the market growth in the region. Intuicom, Inc. in September 2020, has developed a wireless solution and announced the release of the 200-PEU, an industrial grade radio that delivers critical wireless data communications in difficult RF environments and over long distances. It combines both dual Ethernet and Serial interfaces to bridge legacy equipment into the networked world of today.

  • LoRa (short for Long Range) a recently developed wireless modulation technique continues to gain attention in the marketplace. It offers a compelling mix of long range, low power consumption, deep indoor coverage, and secure data transmission. LoRa operates in the unlicensed <1GHz frequency range. It uses spread spectrum technology so that adjacent transmitters are less likely to interfere with each other.

Development of transportation infrastructure

Globally countries are developing their communication infrastructure and are using a range of technologies to manage traffic signals, video cameras, and more. The demand for these connected components is increasing in the market owing to the growing intelligent transportation systems and connected vehicle technology which requires high availability of communication. Department of transportation teams across many countries are upgrading their traffic management infrastructure to ensure smooth traffic flow due to which there will be a high demand for wireless devices which is expected to increase the radio modem market during the forecasted period.

In sept. 2021, Western Systems has recently partnered with Caltrans District 12 to provide 188 Yunex Traffic roadside units (RSUs). Yunex Traffic V2I RSUs will provide wireless communication from roadside infrastructure to vehicle onboard units (OBUs) and to a central traffic command center.

Competitive Insights

The increasing demand for global radio modems has led to the entry of several new players in the global radio modem market. Now, to increase their clientele as well as increase their market share in the upcoming years, many of these market players have taken various strategic actions like partnerships and the development of novel solutions, which is expected to keep the market competitive and constantly evolving. Major market players like Scheider Electric and SATEL among others have been covered along with their relative competitive strategies and the report also mentions recent deals and investments of different market players over the last few years. The company profiles section details the business overview, financial performance (public companies) for the past few years, key products and services being offered along with the recent deals and investments of these important players in the global radio modem market.

Global Radio Modem Market Scope:

Report Metric Details
 Market size value in 2019  US$621.427 million
 Market size value in 2026  US$1,098.596 million
 Growth Rate  CAGR of 8.48% from 2019 to 2026
 Base year  2019
 Forecast period  2021–2026
 Forecast Unit (Value)  USD Million
 Segments covered  Frequency, Communication Channel, Application, And Geography
 Regions covered  North America, South America, Europe, Middle East and Africa, Asia Pacific
 Companies covered  Campbell Scientific Inc., Scheider Electric, SATEL, Simrex Corporation, Advantech   B+B SmartWorx, Intuicom Inc., Atim Radiocommunications, Cohda Wireless, Harris   Corporation, Arada Systems Inc.
 Customization scope  Free report customization with purchase


  • By Frequency
    • HF
    • UHF
    • VHF
  • By Communication Channel
    • Point to Point
    • Point to Multi-Point
  • By Application
    • Vehicle to Infrastructure Communication
    • Traffic Management System
    • Electronic Fee Collection
    • Emergency Management System
  • By Geography
    • North America
      • USA
      • Canada
      • Mexico
    • South America
      • Brazil
      • Argentina
      • Others
    • Europe
      • UK
      • Germany
      • Italy
      • Spain
      • Others
    • Middle East and Africa
      • Israel
      • Saudi Arabia
      • Others
    • Asia Pacific
      • China
      • Japan
      • India
      • Australia
      • South Korea
      • Taiwan
      • Thailand
      • Indonesia
      • Others

Frequently Asked Questions (FAQs)

Q1. What is the size of the global radio modem market?
A1. Radio Modem Market was valued at US$621.427 million in 2019.

Q2. How is the global radio modem market segmented?
A2. The radio modem market has been segmented by frequency, communication channel, application, and geography.

Q3. What will be the radio modem market size by 2026?
A3. The global radio modem market is expected to reach a market size of US$1,098.596 million in 2026.

Q4. What are the growth prospects for the radio modem market?
A4. The radio modem market is expected to grow at a CAGR of 8.48% over the forecast period.

Q5. What factors are anticipated to drive the radio modem market growth?
A5. The world radio modem market is foreseen to gain a whole lot of momentum in its growth on account of two crucial factors, i.e., privately-owned networks and lesser infrastructure requirements.

1. Introduction
1.1. Market Definition
1.2. Market Segmentation

2. Research Methodology
2.1. Research Data
2.2. Assumptions

3. Executive Summary
3.1. Research Highlights

4. Market Dynamics
4.1. Market Drivers
4.2. Market Restraints
4.3. Porters Five Forces Analysis
4.3.1. Bargaining Power of Suppliers
4.3.2. Bargaining Power of Buyers
4.3.3. The threat of New Entrants
4.3.4. Threat of Substitutes
4.3.5. Competitive Rivalry in the Function
4.4. Function Value Chain Analysis

5. Global Radio Modem Market Analysis, By Frequency
5.1. Introduction
5.2. HF
5.3. UHF
5.4. VHF 

6. Global Radio Modem Market Analysis, By Communication Channel
6.1. Introduction
6.2. Point to Point
6.3. Point to Multi-Point 

7. Global Radio Modem Market Analysis, By Application
7.1. Introduction
7.2. Vehicle to Infrastructure Communication
7.3. Traffic Management System
7.4. Electronic Fee Collection
7.5. Emergency Management System

8. Global Radio Modem Market Analysis, By Geography  
8.1. Introduction
8.2. North America  
8.2.1.  United States
8.2.2.  Canada
8.2.3.  Mexico
8.3. South America  
8.3.1.  Brazil
8.3.2.  Argentina
8.3.3.  Others
8.4. Europe  
8.4.1.  UK
8.4.2.  Germany
8.4.3.  Italy
8.4.4.  Spain
8.4.5.  Others
8.5. Middle East and Africa  
8.5.1.  Israel 
8.5.2.  Saudi Arabia
8.5.3.  Others
8.6. Asia Pacific  
8.6.1.  China
8.6.2.  Japan
8.6.3.  India
8.6.4.  Australia
8.6.5.  South Korea
8.6.6.  Taiwan
8.6.7.  Thailand
8.6.8.  Indonesia
8.6.9.  Others

9.  Competitive Environment and Analysis
9.1.  Major Players and Strategy Analysis
9.2.  Emerging Players and Market Lucrativeness
9.3.  Mergers, Acquisitions, Agreements, and Collaborations
9.4.  Vendor Competitiveness Matrix

10.  Company Profiles.
10.1. Campbell Scientific Inc. 
10.2. Schneider Electric
10.3. SATEL
10.4. Simrex Corporation
10.5. Advantech co. ltd.
10.6. Intuicom Inc.
10.7. Atim Radiocommunications
10.8. Cohda Wireless
10.9. Harris Company

Campbell Scientific Inc.

Scheider Electric


Simrex Corporation

Advantech co. ltd.

Intuicom Inc.

Atim Radiocommunications

Cohda Wireless

Harris Company


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