Radio Modem Market

By Type;

License-Free Frequency, UHF, Wi-Fi and VHF

By Operating Range;

Long and Short

By Communication Channel;

Point to Point and Point to Multi-Point

By Application;

Government & Defense, Transportation, Electronic and Electricity, Mining & Oil and Others

By Geography;

North America, Europe, Asia Pacific, Middle East & Africa and Latin America - Report Timeline (2021 - 2031)
Report ID: Rn814292520 Published Date: August, 2025 Updated Date: September, 2025

Radio Modem Market Overview

Radio Modem Market (USD Million)

Radio Modem Market was valued at USD 996.72 million in the year 2024. The size of this market is expected to increase to USD 1,675.27 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 7.7%.


Radio Modem Market

*Market size in USD million

CAGR 7.7 %


Study Period2025 - 2031
Base Year2024
CAGR (%)7.7 %
Market Size (2024)USD 996.72 Million
Market Size (2031)USD 1,675.27 Million
Market ConcentrationMedium
Report Pages327
996.72
2024
1,675.27
2031

Major Players

  • Digi
  • Campbell Scientific
  • SATEL
  • RACOM
  • RF DataTech
  • Raveon Technologies
  • Advantech B+B SmartWorx
  • Westermo
  • Warwick Wireless
  • ATIM
  • Radiometrix Ltd
  • ADEUNIS RF

Market Concentration

Consolidated - Market dominated by 1 - 5 major players

Radio Modem Market

Fragmented - Highly competitive market without dominant players


The Radio Modem Market is gaining traction as industries adopt wireless communication to support critical data transfer. Usage of radio modems has increased by nearly 30%, driven by their efficiency in providing low-latency and secure connectivity for remote and industrial applications. These systems are essential where traditional wired solutions are either costly or impractical.

Growth Drivers and Opportunities
Demand for real-time communication in sectors such as utilities, oil & gas, and logistics has accelerated market expansion. Around 40% of organizations are deploying radio modems for remote management and automation. Their ability to maintain reliable connections in rugged conditions makes them a preferred choice for mission-critical systems.

Innovations Supporting Market Expansion
Advances in 5G integration, software-defined radio, and mesh networking are strengthening adoption. Close to 45% of installations now leverage advanced communication protocols, improving data capacity and coverage. These technological upgrades are ensuring that radio modems stay relevant in the era of IoT and smart infrastructure.

Industry Perspective
With the push toward digital transformation, the role of radio modems in industrial and mission-critical communication will only strengthen. Backed by technological progress and expanding deployments, the market is positioned to evolve as a key enabler of reliable wireless infrastructure worldwide.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Type
    2. Market Snapshot, By Operating Range
    3. Market Snapshot, By Communication Channel
    4. Market Snapshot, By Application
    5. Market Snapshot, By Region
  4. Radio Modem Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers:
        1. Growing Demand for IoT Connectivity
        2. Government Initiatives and Regulations
        3. Increasing Industrial Automation
      2. Restraints:
        1. Compatibility Issues
        2. Spectrum Constraints
        3. High Initial Investment
      3. Opportunities:
        1. Expansion of Industrial Automation
        2. Growing Demand for IoT Connectivity
        3. Increasing Applications in Remote Monitoring and Control Systems
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Radio Modem Market, By Type, 2021 - 2031 (USD Million)
      1. License-Free Frequency
      2. UHF
      3. Wi-Fi
      4. VHF
    2. Radio Modem Market, By Frequency Band, 2021 - 2031 (USD Million)
      1. Long
      2. Short

      Radio Modem Market, By Communication Channel, 2021 - 2031 (USD Million)

      1. Point to Point

      2. Point to Multi-Point

    3. Radio Modem Market, By Application, 2021 - 2031 (USD Million)
      1. Government & Defense
      2. Transportation
      3. Electronic and Electricity
      4. Mining & Oil
      5. Others
    4. Radio Modem Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Digi
      2. Campbell Scientific
      3. SATEL
      4. RACOM
      5. RF DataTech
      6. Raveon Technologies
      7. Advantech B+B SmartWorx
      8. Westermo
      9. Warwick Wireless
      10. ATIM
      11. Radiometrix Ltd
      12. ADEUNIS RF
  7. Analyst Views
  8. Future Outlook of the Market