Land Mobile Radio Market Growth Driven by Defense, Aviation Demand and Digital Transition
• Global land mobile radio system market to reach $50.1 billion by 2028, growing at a CAGR of 11.2%
• Significant growth in defense and aviation industries driving demand
• Shift from analog to digital LMR systems providing a boost to the market
• Technological advancements like TETRA systems for emergency communications spurring adoption
• Widespread commercial applications and demand for voice encryption further propelling market growth