Jul 20, 2026
1. Market Trends: An Irreversible Digital Shift
The global professional wireless communications market is undergoing a profound structural transformation.
The global two‑way radio market was estimated at USD 10.52 billion in 2025 and is expected to reach USD 14.47 billion by 2030, growing at a compound annual growth rate (CAGR) of 6.59%.
The portable digital two‑way radio segment alone was valued at approximately USD 3.47 billion in 2025, with projections to reach USD 4.80 billion by 2031 at a CAGR of 4.8%.
The core Digital Mobile Radio (DMR) market expanded from USD 7.04 billion in 2024 to USD 7.84 billion in 2025, an impressive CAGR of 11.5%. Analysts project it will reach USD 11.78 billion by 2029 (CAGR 10.7%).
The broader Professional Mobile Radio (PMR) market is also on a stro...
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