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Global Wearable Digital Walkie-Talkie Market is Expected to be Valued at US$ 43.5 Mn by 2021

The global wearable digital walkie-talkie market is expected to witness significant growth during the forecast period. Augmented disposable income, growing wearable electronics market and expanding organized retail sector are some of the major factors expected to drive market growth.

Growing demand for hands-free wearable digital walkie-talkies, increasing independence from other devices, smartphone networks or Wi-Fi connections, growing emphasis on the usage of low radio frequency walkie-talkie devices in order to avoid regulatory restrictions and increasing shift in preference for small-sized wearable digital walkie-talkies are some of the major trends observed in the global wearable walkie-talkie market.

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A wearable digital walkie-talkie is a compact, wearable, battery-operated transmitting and receiving communication device. In this report, the global wearable digital walkie-talkie market is broadly segmented on the basis of applications and regions to get a clear understanding of the market.

This Persistence Market Research report examines the global wearable digital walkie-talkie market for the period 2015–2021. The primary objective of the report is to offer updates on advancements in walkie-talkie devices that have given rise to a futuristic product, wearable digital walkie-talkie.

This 103 page report gives readers a comprehensive overview of the Wearable Digital Walkie-Talkie Market. Browse through Table. Browse through 61 figures and 4 data tables to unlock the hidden opportunities in this market.

On the basis of region, the market is segmented into North America, Latin America, Europe, Asia-Pacific and MEA; of these, North America is estimated to dominate the global wearable digital walkie-talkie market share by the end of 2015, Europe is estimated to rank second and followed by APAC. The Asia-Pacific market is expected to expand at the highest CAGR of 60.8% during the forecast period.

Key players identified in the global wearable digital walkie-talkie market are STARNEX Co., Ltd., OrionLabs, Inc., Theatro and AWIRE Technology Corp. Major participants, such as OrionLabs, Inc. (Formerly OnBeep) and Theatro, are focusing on increasing investment and funding on product development.

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Moreover, these key players are also focusing on launching new products into the market. For example, in 2015, STARNEX Co., Ltd. launched a new wearable digital walkie-talkie. In early 2015, OrionLabs, Inc. (Formerly OnBeep) launched Ruby—a wearable tech device that enables users to communicate in a hands-free, wireless manner. In 2013, Theatro launched ‘Communicator Software-as-a-Service (SaaS)’, a mobile workforce productivity application suite.

The global wearable digital walkie-talkie market is segmented as follows:

By Application:

  • General Consumer

    • Store Activity

    • Personal Activity

    • Tourism Activity

    • Commercial Activity

    • Training Activity

  • Public Institution

    • Military Use

    • Law Enforcement

By Region:

  • North America

  • Latin America

  • Europe

  • Asia Pacific (APAC)

  • The Middle East & Africa

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