Global Market Study on Wearable Digital Walkie-Talkie Asia-Pacific to Witness Highest Growth by 2021
Persistence Market Research
Global Wearable Digital Walkie-Talkie Market
is Expected to be Valued at US$ 43.5 Mn by
2021 - Persistence Market Research
Persistence Market Research
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Global Market Study on Wearable Digital Walkie-Talkie Asia-Pacific to Witness Highest Growth by 2021
Persistence Market Research Released New Market Report “Global Market Study on
Wearable Digital Walkie-Talkie: Asia-Pacific to Witness Highest Growth by 2021”,
the global wearable digital walkie-talkie market is expected to account for US$ 8.0 Mn by the
end of 2015, and is anticipated to expand at a CAGR of 32.6% between 2015 end and 2021
to account for US$ 43.5 Mn. In terms of volume, production of wearable digital walkie-talkie
is expected to be 80.0 thousand units by the end of 2015 and is expected to reach 543.2
thousand units by 2021, exhibiting a CAGR of 37.6%..
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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.
The global wearable digital walkie-talkie market has been segmented into five major regions, namely,
North America, Latin America, Europe, Asia-Pacific and the Middle East & Africa;...