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Walkie Talkie Market size is set to grow by USD 2.26 billion from 2024-2028, Shift to digital walkie talkies boost the market, Technavio

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NEW YORK, June 28, 2024 /PRNewswire/ — The global walkie talkie market size is estimated to grow by USD 2.26 billion from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of almost 5.75%  during the forecast period. Shift to digital walkie talkies is driving market growth, with a trend towards convergence of LTE networks with LMR technology. However, increasing data congestion poses a challenge. Key market players include Cedar Electronics Corp., Entel UK Ltd., Fujian Baofeng Electronics Co. Ltd., Fujian BelFone Communications Technology Co. Ltd., Garmin Ltd., Hytera Communications Corp. Ltd., Icom Inc., JVCKENWOOD Corp., Kirisun Communication Co. Ltd., Midland Radio Corp., Motorola Solutions Inc., Quansheng Electronics Co. Ltd., Quanzhou Senhaixun Electronic Technology Co. Ltd., Shenzhen HQT Science and Technology Co. Ltd., SWIFTCOM TECHNOLOGY PTE LTD., Tait International Ltd., TALKPRO, Uniden America Corp., VITAI Electronics Co. Ltd., and Wintec Co. Ltd..

Get a detailed analysis on regions, market segments, customer landscape, and companies- View the snapshot of this report

Walkie Talkie Market Scope

Report Coverage

Details

Base year

2023

Historic period

2018 – 2022

Forecast period

2024-2028

Growth momentum & CAGR

Accelerate at a CAGR of 5.75%

Market growth 2024-2028

USD 2261 million

Market structure

Fragmented

YoY growth 2022-2023 (%)

5.35

Regional analysis

APAC, North America, Europe, South America, and Middle East and Africa

Performing market contribution

APAC at 53%

Key countries

US, China, Germany, Japan, and UK

Key companies profiled

Cedar Electronics Corp., Entel UK Ltd., Fujian Baofeng Electronics Co. Ltd., Fujian BelFone Communications Technology Co. Ltd., Garmin Ltd., Hytera Communications Corp. Ltd., Icom Inc., JVCKENWOOD Corp., Kirisun Communication Co. Ltd., Midland Radio Corp., Motorola Solutions Inc., Quansheng Electronics Co. Ltd., Quanzhou Senhaixun Electronic Technology Co. Ltd., Shenzhen HQT Science and Technology Co. Ltd., SWIFTCOM TECHNOLOGY PTE LTD., Tait International Ltd., TALKPRO, Uniden America Corp., VITAI Electronics Co. Ltd., and Wintec Co. Ltd.

Market Driver

The walkie talkie market is experiencing growth due to the integration of LTE and LMR networks. Emergency services seek to utilize LTE’s expanded bandwidth for increasing data requirements. The Third Generation Partnership Project (3GPP) has been collaborating to adapt LTE standards for public safety needs. Real-time video streaming from LTE-enabled devices is essential for situational awareness in law enforcement. Vendors like Tait Communication offer applications that connect radio, cellular, and WiFi networks, enhancing the market’s potential. 

The Walkie Talkie market is experiencing significant growth, with numerous companies offering innovative communication solutions. Devices with long battery life and clear audio quality are in high demand. Transmission range and durability are also key factors driving sales. Additionally, the integration of walkie talkies with other technologies, such as GPS and Wi-Fi, is a trend that is gaining traction. Companies are also focusing on developing walkie talkies with advanced features like push-to-talk over cellular networks and Bluetooth connectivity. The market is expected to continue growing due to its applications in various industries, including construction, manufacturing, and logistics. 

Research report provides comprehensive data on impact of trend. For more details- Download a Sample Report

Market Challenges

The Walkie Talkie market may experience challenges due to data congestion, which reduces network quality when data exceeds ideal handling capacity. Effects include packet loss, blocked connections, and queueing delays. Data congestion arises from insufficient bandwidth or excessive traffic. In contrast, modern cellular networks like LTE use voice over LTE (VoLTE), sending compressed data packets for clearer voice and faster communication without congestion. This negatively impacts the Walkie Talkie market growth during the forecast period.The Walkie Talkie market faces several challenges in today’s business landscape. Keywords such as communication, technology, and compatibility are crucial. Ensuring seamless communication between teams is a significant challenge. Keeping up with the latest technology trends is another hurdle. Compatibility issues between different Walkie Talkie models can also cause problems. Handling and handling costs, as well as battery life, are additional concerns. Radios must be durable and reliable in various environments. Transitioning from traditional to digital Walkie Talkies is a major shift for many organizations. Markets like construction, manufacturing, and logistics heavily rely on Walkie Talkies for efficient operations. Addressing these challenges requires continuous innovation and improvement in Walkie Talkie technology.

For more insights on driver and challenges – Request a sample report!

Segment Overview 

This walkie talkie market report extensively covers market segmentation by  

Product 1.1 Digital1.2 AnalogApplication 2.1 Industry and commerce2.2 Government and utility2.3 DefenseGeography 3.1 APAC3.2 North America3.3 Europe3.4 South America3.5 Middle East and Africa

1.1 Digital-  Digital walkie talkies offer numerous advantages over traditional analog radios in the market. These benefits include the ability to support multiple conversations on one channel, reduce background noise, and consume less bandwidth. Digital radios also offer text messaging, data tracking, and emergency alarm features. With compatibility with analog radios, the transition to digital technology is smoother. New software applications and the use of both digital and analog radios simultaneously are additional advantages. The global walkie talkie market is expected to grow due to these functional and performance enhancements.

For more information on market segmentation with geographical analysis including forecast (2024-2028) and historic data (2017-2021) – Download a Sample Report

Research Analysis

The Walkie Talkie market encompasses a wide range of portable communication devices, including two-way radios, hand-held transceivers, and wireless handsets. These communication tools are essential for various industries and applications, such as construction sites, emergency services, and outdoor events. The market for walkie talkie sets continues to grow due to the increasing demand for reliable, wireless communication solutions that offer convenience and mobility. Radio equipment manufacturers are constantly innovating to improve the functionality and features of these devices, making them an indispensable communication tool for businesses and individuals alike.

Market Research Overview

The Walkie Talkie market encompasses the production, distribution, and sale of portable two-way radios, also known as walkie-talkies. These devices enable real-time communication between users in various industries, including construction, manufacturing, transportation, and event management. Walkie Talkies offer advantages such as long battery life, durability, and ease of use. They come in various forms, including handheld models and wearable devices. The market is driven by factors such as increasing demand for efficient communication solutions and technological advancements in the sector. Additionally, the market is witnessing the emergence of digital walkie-talkies, which offer features like longer range, better sound quality, and integration with other communication systems.

Table of Contents:

1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation

ProductDigitalAnalogApplicationIndustry And CommerceGovernment And UtilityDefenseGeographyAPACNorth AmericaEuropeSouth AmericaMiddle East And Africa

7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Trends
10 Company Landscape
11 Company Analysis
12 Appendix

About Technavio

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/

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SOURCE Technavio

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Axiado and Posiflex Group Unveil AI-Enabled Secure Control and Management Solution for Intel Servers at COMPUTEX 2025

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Live Computex Demo to Highlight AI-Driven Security, Power Efficiency, and Dynamic Thermal Management Intel Birch Stream and x86 Platforms

TAIPEI, May 18, 2025 /PRNewswire/ — COMPUTEX 2025 — Axiado Corporation, a leading AI-driven, hardware-anchored platform security solutions company, today announced a partnership with Posiflex Group to demonstrate a new Baseboard Management Controller (BMC) solution with integrated AI capabilities. The joint solution, built on Intel’s Birch Stream server platform, will be showcased at COMPUTEX 2025 in the Posiflex Group booth TaiNEX 1F, Hall 2, Booth P0506 from May 20-23, 2025.

The joint solution, co-developed by Portwell, Inc. and Kiosk Integrated Solutions, Inc., subsidiaries of the Posiflex Group, demonstrates how OpenBMC paired with Axiado’s AI-enabled DC-SCM 2.0 module can meet rising demands for secure, intelligent, and remotely manageable infrastructure.

“Axiado’s AI-driven technologies provide robust computing security and energy-saving benefits in connectivity-centric environment,” said Jackal Wu, Chief Technology Officer of Posiflex Group. “We’re proud to collaborate on this AI BMC initiative, which not only integrates seamlessly with the Intel server platform but also leverages Posiflex’s Remote Management System (RMS) to deliver secure, enterprise-grade remote management.”

This partnership brings together Axiado’s Trusted Control/Compute Unit (TCU) technology with OpenBMC software and Posiflex’s proprietary RMS, delivering an AI-enhanced platform security and control solution for x86-based servers. The integration delivers hardware-anchored protection, energy savings, and thermal efficiency, optimized for edge and enterprise deployments.

“This collaboration marks Axiado’s continued expansion into the Intel server ecosystem with a compelling, integrated AI BMC offering,” said Gopi Sirineni, CEO of Axiado. “We’ve already demonstrated the value of our technology in hyperscale AI infrastructure, and this partnership brings the same security and sustainability benefits to broader server and networking markets.”

The demo at COMPUTEX will highlight key features including AI-enhanced anomaly detection, dynamic thermal management, and root-of-trust-based security integrated directly into the silicon. This solution targets a range of applications including AIoT, edge servers, kiosks, and commercial embedded systems.

About Axiado
Axiado Corporation is an AI-driven platform security solutions company focused on protecting cloud data centers, 5G networks, and critical infrastructure against ransomware, supply chain, side-channel, and other cyberattacks. Axiado’s Trusted Control/Compute Unit (TCU) delivers real-time, pre-emptive threat detection and platform security, while its Dynamic Thermal Management (DTM) solution reduces energy consumption and operational costs in data centers, advancing the goal of carbon-net zero emissions. For more information, visit axiado.com or follow us on LinkedIn.

About POSIFLEX Group
Posiflex Group is a global leading Commercial AIoT platform powered by smart Online-to-Offline (O2O) and Scenario-defined Embedded Appliance Solutions. Pillared by three brands, Posiflex Group consists of Posiflex as global top 5 brand in POS & Kiosk, Portwell as Embedded Foundry for AIoT Edge Compute, and KIOSK Information Systems (KIS) for managed self-service automation – together with a common mission to enable optimized productivity and superior customer journey across the connected world. For more information, go to posiflex.com, kiosk.com, portwell.com or follow us on LinkedIn.

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SOURCE Axiado

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Firmable Launches the First Deeply Localised AI Sales Platform for New Zealand

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MELBOURNE, Australia, May 19, 2025 /PRNewswire/ — Firmable, Australia’s leading AI-powered B2B sales intelligence platform, has officially launched into the New Zealand market. With a deep commitment to localised, accurate, and up-to-date B2B data, Firmable fills a significant gap left by global providers who have historically underserved the unique needs of Australian and New Zealand businesses.

The impact is already clear for businesses targeting New Zealand, as Matt Evlampieff, Head of Sales for NZ at Solutions Plus Partnership, explains “Firmable is a key tool in our technology stack to drive sales growth for both us and our customers. Accessing accurate B2B data in New Zealand has always been tough – but Firmable’s depth and precision is now powering our outreach and helping us scale faster in this market.”

With over 211,000 New Zealand businesses and 1.22 million decision-makers, Firmable delivers the most comprehensive and precise B2B dataset in the market. From hyper-targeted contact lists to outreach-ready sales leads, the platform helps businesses find and convert more of their ideal customers, faster.

Co-founded by seasoned tech entrepreneurs Leigh Jasper, Paul Perrett and Karthik Venkatasubramanian – the team behind Aconex (acquired by Oracle for $1.6 billion) –  Firmable is on a mission to take the guesswork out of B2B sales and marketing.

“Sales and marketing teams in New Zealand face the same challenge we see in Australia – a lack of reliable, compliant, and local data that actually reflects the companies they’re trying to reach,” said Paul Perrett, Co-CEO. “With Firmable, we’re bringing a new level of accuracy and accessibility to B2B data in New Zealand, leveraging AI to power insights that drive smarter, more effective sales teams by building better contact lists and uncovering more valuable leads.”

Leigh Jasper, Co-CEO, added, “The explosion of data and the rapidly growing impact of AI is a massive technology disruption. Recognising a clear gap in the market for reliable business data, we saw an opportunity to deliver data-driven insights and build another ANZ-led global technology success story.”

Firmable’s New Zealand offering includes:

Data on over 211,000 New Zealand businesses1.22 million verified decision-maker records with email addresses and mobile numbersRegionally specific business data such as local council areas and NZBNsLocally curated business registers including NZSX listed companies, start-ups, financial institutions, schools, hospitality businesses, and moreDedicated local New Zealand and Australian-based team

Firmable’s New Zealand launch marks a significant step in its mission to provide better, more reliable B2B data across the region. By delivering unmatched accuracy, local expertise, and region-specific insights, Firmable is empowering B2B teams to sell smarter and scale faster. The launch coincides with NZ Techweek – a national celebration of innovation and technology – with Firmable hosting a launch party and events throughout the week to connect with local businesses and celebrate the expansion.

Firmable is now available for trial or purchase at https://firmable.com for companies looking to accelerate their growth through better business data.

About Firmable

Firmable is ANZ’s leading AI–powered B2B sales intelligence platform, providing sales and marketing teams with accurate, localised, and up-to-date business intelligence. With a focus on deep regional insights, Firmable helps companies prospect more effectively, personalise outreach, and accelerate growth across Australia and New Zealand.

 

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SOURCE Firmable Pty Ltd.

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Sustainable and safer aviation sealant and adhesive: Filipino inventor Mark Kennedy Bantugon in top 10 innovators for the Young Inventors Prize 2025

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Filipino aeronautical engineer Mark Kennedy Bantugon has developed a sustainable aircraft sealant and adhesive made from agricultural waste of Pili tree resinSealants and adhesives are commonly used in planes, but traditional solutions usually contain harmful chemical components Bantugon is one of ten innovators for the Young Inventors Prize, to be awarded by the European Patent Office (EPO) on 18 June 2025

MUNICH, May 19, 2025 /PRNewswire/ — The aviation industry depends on sealants to prevent fuel leaks, but conventional options usually contain toxic chemicals that may pose health risks and must be treated as hazardous waste. Filipino aeronautical engineer Mark Kennedy Bantugon (26) has developed Pili Seal®, a bio-based alternative derived from the agricultural waste of Pili tree resin. The material, an aircraft sealant and adhesive, aims to improve workplace safety in the aviation industry and reduce environmental impact while offering a locally sourced, biodegradable option. Bantugon’s innovation has earned him a place as one of the ten global innovators in the Young Inventors Prize 2025, known as Tomorrow Shapers. They were selected from 450 candidates by an independent jury.

Using waste for a safer and cleaner world

For over fifty years, polysulfide-based sealants have been the industry standard for preventing fuel leaks in aircraft. However, they may cause skin and respiratory irritation, and their disposal poses an environmental challenge, especially when heated or burned. The European Chemicals Agency has identified substances commonly found in adhesives and sealants as hazardous, highlighting the need for careful handling and disposal.

Pili Seal® offers a safer alternative to some toxic petrochemical derived sealants and adhesives, using a by-product of the perfume industry. This two-part sealant and adhesive combines the agricultural waste Pili tree resin with a solvent and hardening agent, providing both sealing and adhesive properties. It withstands fuel exposure, heat and pressure, making it suitable for aircraft fuel tanks and other high-performance applications. The sealant has been thoroughly tested, with four formulations passing industry-standard flammability tests.

Beyond aviation, this invention has the potential to be used in construction, automotive, marine and defence industries, contributing to a circular economy by repurposing 155 million kilograms of agricultural Pili Tree resin waste generated annually in the Philippines, primarily from the perfume and food industries.

Inspired by necessity, built for the future

Bantugon’s early exposure to farm life in Batangas (Philippines) played a crucial role in his innovation journey. As a child, he and his siblings patched leaky roofs using chewing gum, sparking his curiosity about adhesives and sealants. This interest continued into his aeronautical engineering studies, where an internship at Lufthansa Technik Philippines exposed him to the hazards of conventional sealants and adhesives.

Determined to develop a safer and more sustainable alternative, Bantugon experimented with resins from six different trees before selecting Pili tree resin.  The resin’s natural stickiness offers ideal adhesive properties, while its fragrant odour makes it easy to work with, especially in confined spaces. Overcoming multiple challenges, he refined 84 different formulations before achieving the final composition. To commercialise his sealant, Bantugon founded Pili AdheSeal Inc. in 2024.

“My mother, a public-school teacher, helped me understand the value of a strong and well-rounded education. My father, as a farmer, introduced me to the farm as a training ground—a place where I learned about different plants, animals, trees, and, most importantly, the potential in waste materials,” Bantugon explained.

The Young Inventors Prize celebrates worldwide innovators 30 and under using technology to address global challenges posed by the United Nations Sustainable Development Goals (SDGs). By transforming agricultural waste into a high-performance sealant, Mark Kennedy Bantugon is directly contributing to UN SDG 9 (Industry, Innovation & Infrastructure).

The prizes of the 2025 edition will be announced during a ceremony livestreamed from Iceland on 18 June 2025. 

Find more information about the invention’s impact, the technology and the inventor’s story here.

About the Young Inventors Prize

Aimed at individuals 30 and under, the Young Inventors Prize showcases the transformative power of youth-driven solutions and recognises the remarkable young people paving the way to a more sustainable future. Established in 2022, trophies were first handed out during the European Inventor Award ceremony. From 2025 onwards, the Prize will move up a gear with its own dedicated event, held separately from the Award. Among the 10 Tomorrow Shapers selected for each edition, three will be awarded a special prize: World Builders, Community Healers, and Nature Guardians. In addition, a People’s Choice winner, voted by the public online, will be revealed. Each Tomorrow Shaper will receive EUR 5 000, the three special prize winners will each receive an extra EUR 15 000. The People’s Choice winner will be awarded an additional EUR 5 000. Read more on the Young Inventors Prize eligibility and selection criteria.

About the EPO

With 6,300 staff members, the European Patent Office (EPO) is one of the largest public service institutions in Europe. Headquartered in Munich with offices in Berlin, Brussels, The Hague and Vienna, the EPO was founded with the aim of strengthening co-operation on patents in Europe. Through the EPO’s centralised patent granting procedure, inventors are able to obtain high-quality patent protection in up to 46 countries, covering a market of some 700 million people. The EPO is also the world’s leading authority in patent information and patent searching.

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