Artificial Intelligence
Land Mobile Wireless Systems Market to grow at a growth rate of 6.2 percent reaching USD 29.52 Billion by 2029
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Dublin, May 04, 2023 (GLOBE NEWSWIRE) — Maximize Market Research, a global Information Technology & Telecommunication market research firm has published a competitive intelligence market research report on the “Land Mobile Wireless Systems Market“. The Land Mobile Wireless Systems market size was valued at USD 19.88 Billion in 2022. The total Land Mobile Wireless Systems Market revenue is expected to grow at a CAGR of 6.2 percent from 2022 to 2029, reaching USD 29.52 Bn by the end of the forecast period.
| Market Size in 2022 | USD 19.88 Bn |
| Market Size in 2029 | USD 29.52 Bn |
| CAGR | 6.2 percent (2023-2029) |
| Forecast Period | 2023-2029 |
| Base Year | 2022 |
| Number of Pages | 265 |
| No. of Tables | 129 |
| No. of Charts and Figures | 121 |
| Segment Covered | By Technology, Type and Application |
| Regional Scope | North America, Europe, Asia Pacific, Middle East and Africa, South America |
| Report Coverage | Market Share, Size & Forecast by Revenue | 2022−2029, Market Dynamics, Growth Drivers, Restraints, Investment Opportunities, and Key Trends, Competitive Landscape, Key Players Benchmarking, Competitive Analysis, MMR Competition Matrix, Competitive Leadership Mapping, Global Key Players’ Market Ranking Analysis. |
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Land Mobile Wireless Systems Market Report Scope and Research Methodology
The report on Land Mobile Wireless Systems Market provides an in-depth analysis of the industry. Key highlights of the report include the market size and the growth rate. Key insights of the report include the major applications and drivers of the market, challenges to growth, and opportunities for Land Mobile Wireless Systems market growth. The report covers a thorough regional analysis of the Land Mobile Wireless Systems industry at the local, regional and global levels.
The report covers the Land Mobile Wireless Systems market strategies followed by major players and provides their analysis based on growth in the last few years in the industry which helps investors and major companies decide their investments and make data-driven decisions. The primary and secondary research method was used to collect the data from the Land Mobile Wireless Systems market. Data from the supply and demand side were collected to estimate the Land Mobile Wireless Systems market size. Key players in Land Mobile Wireless Systems Market are identified through secondary research. Secondary research was used to collect information for the extensive, market-oriented, and commercial analysis of the Land Mobile Wireless Systems Market. Regional analysis of the Market is conducted at the country, regional and global levels.
Land Mobile Wireless Systems Market Overview
The Land Mobile Wireless System is a wireless communication system used in terrestrial environments. This Land Mobile Wireless Systems market includes a wide range of products and services, such as handheld radios, base stations, repeaters, mobile data terminals, and other infrastructure components. The Land Mobile Wireless Systems market is expected to grow significantly over the next few years driven by increasing demand for reliable and secure communication in critical industries such as public safety, utilities, and transportation that need reliable and secure communication.
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The growing industry demand for reliable and secure communication systems to drive the Market
The Land Mobile Wireless Systems Market is being driven by the growing demand for reliable and secure communication systems in various industries, such as public safety, utilities, transportation, and others. These industries rely heavily on wireless communication to communicate critical information and coordinate their operations effectively. For example, in the public safety industry, Land Mobile Wireless Systems are crucial for emergency response and coordination between different agencies during critical situations. In the utility industry, these systems are used to ensure the smooth operation and maintenance of infrastructure such as power grids and pipelines. As these industries continue to grow and evolve, the demand for more advanced and reliable communication systems is increasing. This is driving the growth of the Land Mobile Wireless Systems Market during the forecast period.
Government policies play a crucial role in shaping the Land Mobile Wireless Systems Market
In the United States, the Federal Communications Commission (FCC) regulates the use of radio frequencies and sets standards for Land Mobile Wireless Systems to ensure interoperability between different agencies and systems. In addition, government agencies, such as the Department of Homeland Security and the Department of Transportation, provide guidelines and regulations for the use of Land Mobile Wireless Systems in their respective industries. Furthermore, the Government initiatives like the Smart Cities program in India, which aims to develop technology-driven solutions for urban infrastructure and services also drive the adoption of Land Mobile Wireless Systems.
North American region is expected to boost the Land Mobile Wireless Systems Market growth
North America is currently the largest market for Land Mobile Wireless Systems. The United States is the primary contributor to the growth of this market in the region, driven by the high demand for reliable communication systems in the public safety industry. The adoption of Next Generation 911 (NG911) standards is also driving the growth of the Land Mobile Wireless Systems market in the region.
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Land Mobile Wireless Systems Market Segmentation
By Technology
• Analog Systems
• Digital Systems
By Type
• Portable Systems
• Mobile Systems
By Application
• Public Safety
• Transportation
• Utilities
Based on the Technology, the Digital Systems Segment is expected to hold the highest market share during the forecast Period. Digital technologies like P25, DMR, and TETRA are gaining traction due to their ability to provide secure and reliable communication.
Based on the Application, The Land Mobile Wireless Systems Market is segmented by end-user, which includes government agencies, public safety organizations, transportation providers, and others. Public safety organizations are the primary users of Land Mobile Wireless Systems, followed by utilities and transportation providers.
Land Mobile Wireless Systems Market Key Players Include:
- Harris Corporation (US)
- Raytheon Company (US)
- Motorola Solutions (US)
- BK Technologies (US)
- Maxon America, Inc. (US)
- Codex Radio Systems Inc. (Canada)
- Technisonic Industries Ltd. (Canada)
- NRC Radio Ltd. (UK)
- Simoco Wireless Solutions (UK)
- Entel UK Limited (UK)
- Sepura plc (UK)
- Rohde & Schwarz (Germany)
- Thales Group (France)
- Airbus Defence and Space (France)
- Nokia Networks (Finland)
- JVCKENWOOD Corporation (Japan)
- Icom Inc. (Japan)
- Hytera Communications Corporation Limited (China)
- Huawei Technologies Co. Ltd (China)
- Kirisun Communications Co. Ltd (China)
- Codan Communications (Australia)
- Tait Communications (New Zealand)
- Ituran (Israel)
- RAY Solutions (Dubai)
- Al-Fattan Engineering (UAE)
- Prointec (Colombia)
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Key questions answered in the Land Mobile Wireless Systems Market are:
- What is Land Mobile Wireless Systems?
- What was the Land Mobile Wireless Systems market size in 2021?
- What is the expected Land Mobile Wireless Systems market size by 2029?
- What is the growth rate of the Land Mobile Wireless Systems Market?
- Which are the factors expected to drive the Land Mobile Wireless Systems market growth?
- Which factors are expected to restrain the Land Mobile Wireless Systems market growth?
- Which segment dominated the Land Mobile Wireless Systems market growth?
- What is the demand pattern for the Land Mobile Wireless Systems market?
- Which region held the largest share in the Land Mobile Wireless Systems market?
- Who are the key players in the Land Mobile Wireless Systems market?
Key Offerings:
- Past Market Size and Market Competitiveness (2018 to 2021)
- Past Pricing and price curve by region (2018 to 2021)
- Market Size, Share, Size & Forecast by different segment | 2022−2029
- Market Dynamics – Growth Drivers, Restraints, Opportunities, Challenges, and Key Trends by region
- Market Segmentation – A detailed analysis by Technology, Type and Application
- Competitive Landscape –A detailed scenario of the competitive environment in the global market
- Competitive landscape – Market Leaders, Market Followers, Regional player
- Competitive benchmarking of key players by region based on Technique, application, end-user, and region.
- Market Consolidations – Mergers, Acquisitions, Joint Ventures, Partnerships.
- Company Profiles – Business Overview, Financial Overview, Business Strategy, SWOT Analysis, Recent Development.
- PESTLE Analysis
- PORTER’s analysis
- Value chain and supply chain analysis
- Legal Aspects of Business by Region
- Key Takeaways
- Industry Recommendations
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Wireless Security Camera Market: The total market size was valued at USD 5.9 Bn in 2022 at a CAGR of 12.5 percent and is expected to reach USD 13.47 Bn by 2029. The Impact of challenges in the component supply chain on wireless security camera manufacturers is expected to influence market growth.
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Wireless Video Surveillance Market: The total market size was valued at USD 47.19 Bn in 2022 and the total revenue is expected to grow at CAGR 10 percent from 2023 to 2029, reaching USD 91.95 Bn. integration of IoT and artificial intelligence the global wireless video surveillance market is expected to drive the market growth.
Phone-Based Authentication Solution Market: The total market size was valued at USD 4.34 Bn in 2021 and the total revenue is expected to grow at CAGR 24.18 percent from 2022 to 2029, reaching USD 24.56 Bn. The increase in the number of smart connected devices is the major factor driving the growth of the global phone-based authentication solution market during the forecast period.
About Maximize Market Research:
Maximize Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology, and communication, cars, and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.
BIRMINGHAM, England, May 6, 2024 /PRNewswire/ — Patients with spinal cord injury (SCI) could benefit from future treatment to repair nerve connections using red and near-infrared light.
The method, invented by University of Birmingham scientists and patented by University of Birmingham Enterprise, delivers light directly to the site of the injury.
Their latest research, published in Bioengineering and Translational Medicine, determined an optimal ‘dose’ for this novel approach, and showed it can deliver therapeutic improvements including significant restoration of sensation and movement, and regeneration of damaged nerve cells.
Researchers led by Professor Zubair Ahmed used cell models of SCI to determine the frequency and duration of light required to achieve maximum restoration of function and stimulate nerve cell regrowth.
They found delivery at a wavelength of 660nm for one minute a day increased cell viability (the number of live cells) by 45% over five days’ treatment.
Professor Ahmed said: “The effect of 660nm light was both neuroprotective, meaning it improved survival of nerve cells, and neuroregenerative, meaning it stimulated nerve cell growth.”
The researchers also investigated the effect of light therapy in preclinical models of SCI, using an implantable device and transcutaneous delivery with the light source placed against the skin. They showed comparable results for both methods, with a one-minute dose of 660nm light, delivered daily for seven days resulting in reduced tissue scarring, increased levels of proteins associated with nerve cell regeneration, improvements in the connections between cells and significant functional recovery.
This is the first time transcutaneous and direct light delivery have been compared in SCI. Professor Ahmed said: “To make light therapy viable for treating SCI in humans an implantable device will be required, to provide line of sight to damaged tissue and the opportunity for greater accuracy and standardise dosing without impedance due to the thickness of the skin and other tissues surrounding the spinal cord.”
The researchers are planning to develop an implantable device for use in humans with traumatic SCI. They have already received further funding and are seeking commercial partners or investors to develop a prototype device to take into first-in-man clinical trials.
Full release here.
University of Birmingham Enterprise helps researchers turn ideas into products and services that meet real-world needs. Follow us on LinkedIn and X.
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Media enquiries: Ruth Ashton
Commercial enquiries: Veemal Bhowruth
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Artificial Intelligence
TerraPay Continues to Attract Top Industry Talent, Names Hassan Chatila as Vice President and Global Head of Network
LONDON, May 6, 2024 /PRNewswire/ — TerraPay, a leading global money movement company, is excited to announce the appointment of Hassan Chatila as Vice President – Global Head of Network.
This key addition to TerraPay’s global network leadership also marks a critical step in the company’s ongoing strategy to simplify and streamline global money movement for businesses and individuals alike, underscoring its commitment to enhancing its network capabilities.
With over 20 years of experience in the cross-border payments, Hassan brings with him a rich legacy of leadership and innovation. Before joining TerraPay, he served as the Global Head of Western Union’s Account Payout Network, where he played a pivotal role in expanding and optimizing the network to support seamless global transactions. His impressive career portfolio also includes key leadership roles at Earthport and Temenos, where he led significant payments transformation initiatives and drove substantial growth.
In this new role at TerraPay, Hassan will lead the expansion and optimization of TerraPay’s global payout network. He will work closely with internal and external stakeholders to enhance the network’s capabilities, ensuring that TerraPay continues to offer its partners transparent and efficient payment solutions.
Welcoming Hassan to the team, TerraPay Founder and CEO, Ambar Sur, said, “It gives me great pleasure to welcome Hassan on board. As an industry expert, he comes with a highly reputable cross-border payment expertise and deep leadership experience. On TerraPay’s journey of growth, Hassan’s appointment is a critical step in furthering our network expansion goals. I look forward to working together and further deepen TerraPay’s position as a global money movement leader.”
Hassan Chatila, VP – Global Head of Network, TerraPay, commented on his new role, saying, “I am thrilled to join TerraPay at this pivotal time. Over the years, TerraPay has built an expansive global money movement network driven by the mission to build a borderless world of payments. I look forward to leveraging my experience to further develop our network capabilities, create new opportunities across markets and help TerraPay achieve its ambitious goals.”
For media inquiries, please contact [email protected]
About TerraPay
TerraPay simplifies global money movement – by providing a single connection to the most expansive cross-border payments network regulated in 31 global markets and enabling payments to 144 receive countries, 210+ send countries, 7.5Bn+ bank accounts and 2.1Bn+ mobile wallets. TerraPay is on a mission to connect a borderless financial world, making moving money everywhere instant, reliable, transparent and fully compliant. TerraPay pushes the boundaries for global businesses – ranging from banks, fintechs and money-transfer operators to travel businesses, creator economy platforms and e-commerce marketplaces – while driving financial inclusion in even the most inaccessible markets. Founded in 2014, TerraPay is headquartered in London, with global offices in Bangalore, Dubai, Miami, Bogota, Dar es Salaam, Kampala, Hague, Dakar, Joburg, Nairobi, Milan, Singapore and is expanding rapidly, having received funding from leading investors, including the IFC (the World Bank), Prime Ventures, Partech Africa and Visa.
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PARIS, May 6, 2024 /PRNewswire/ — Stonal, the leading data management platform for real estate owners and investors in Europe, has announced a strategic investment by Aareon, Europe’s trusted provider of SaaS solutions for the property industry, to accelerate its European expansion.
Founded in 2017 by Michel Tolila, the current executive chairman, and Jean-Maurice Oudot, Stonal’s mission is to deliver data quality at scale for asset owners and investors. Its collaborative AI-powered platform extracts information from documents and blueprints, creating an accurate and up-to-date database on buildings open to stakeholders such as property managers, surveyors, and insurers. Its decision-making modules offer ESG reporting and CapEx planning to increase returns, improve productivity and preserve value.
Since its inception, the company has quickly expanded into residential and commercial real estate. In early 2024, Stonal launched its proprietary StonalGPT, the first generative artificial intelligence solution designed for real estate owners and investors, establishing itself as one of the pioneers in this field.
Robin Rivaton, CEO of Stonal: “The real estate industry, both residential and commercial, is at a crossroads. AI is a massive opportunity to reshape the sector in a remarkable way, but it still requires a significant amount of data on which to train these systems. Thanks to the strategic partnership with Aareon we will reach such a scale and accelerate our European expansion.”
Aareon is the trusted provider of SaaS solutions for the European property industry. With locations across France, Germany, the Netherlands, Spain, Sweden, and the United Kingdom, Aareon serves 13,000 customers totalling 18 million units.
Harry Thomsen, CEO of Aareon: “Investing in Stonal is a strategic step to strengthen our “Aareon Sustain” product portfolio and amplify our proficiency in AI technology across the Aareon Group. With an expected uptick in the need for robust data management solutions, this collaboration not only reinforces the existing partnership between Stonal and Aareon in France but also equips us to meet our customers’ needs and deliver unrivalled innovation and operational excellence.”
Aareon’s investment in Stonal reflects the growing appetite of the real estate sector for technological solutions that enable it to address the major challenges it faces, applying to both larger companies and smaller ones. Expanding ESG expectations, increased CapEx for greener properties, stringent building safety regulations, higher vacancy due to remote work for offices, all converge in the context of high interest rates. The capacity to evaluate risks and make well-informed decisions promptly is now more crucial than ever.
Stonal was advised on this deal by Lazard, Aareon by Vulcain.
About StonalFounded in 2017, Stonal is the leading data management platform for real estate owners and investors in Europe. It helps more than 130 clients, REITs, insurers, housing organisations, asset managers, family offices, to manage a combined portfolio of more than 200 million sqm (including 1.6 million housing units) across all Europe. With 150 employees, Stonal is present in France and the UK.
Contact: Perrine ABRARD, Stonal CMO [email protected]
About AareonAareon is Europe’s trusted provider of SaaS solutions for the property industry, leading the charge towards a digital future. Passionately committed to connecting people, process, and property, Aareon brings the ecosystem closer together. Our Property Management System, powered by smart software solutions, promotes efficient property management and maintenance, enabling superior digital experiences for everyone involved. In our continuous pursuit of innovation, Aareon remains the industry’s reliable partner, inspiring positive change for sustainable spaces for all.
With a dedicated team of around 2,000 professionals, Aareon achieved pro forma revenues of €410 million and a pro forma Adjusted EBITDA of €137 million in 2023.
Logo: https://mma.prnewswire.com/media/2404363/Stonal_Logo.jpg
View original content to download multimedia:https://www.prnewswire.co.uk/news-releases/aareon-invests-up-to-100m-in-ai-powered-proptech-stonal-302135639.html
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