Radio Modem Market

By Modulation Technique;

Analog Frequency Modulation (AFSK), Gaussian Minimum Shift Keying (GMSK), Frequency Shift Keying (FSK), Quadrature Phase Shift Keying (QPSK) and Phase Shift Keying (PSK)

By Radio Frequency (RF) Band;

Ultra-High Frequency (UHF), High Frequency (HF), Very-High Frequency (VHF), Industrial, Scientific & Medical (ISM) Band and Microwave Band

By Power Output;

Low Power (0-10mW), Medium Power (10mW-1W), High Power (1W-10W) and Very High Power (10W-100W)

By Geography;

North America, Europe, Asia Pacific, Middle East & Africa and Latin America - Report Timeline (2021 - 2031)
Report ID: Rn814292520 Published Date: September, 2025 Updated Date: October, 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 Modulation Technique
    2. Market Snapshot, By Radio Frequency (RF) Band
    3. Market Snapshot, By Power Output
    4. 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 Modulation Technique, 2021 - 2031 (USD Million)
      1. Analog Frequency Modulation (AFSK)
      2. Gaussian Minimum Shift Keying (GMSK)
      3. Frequency Shift Keying (FSK)
      4. Quadrature Phase Shift Keying (QPSK)
      5. Phase Shift Keying (PSK)
    2. Radio Modem Market, By Radio Frequency (RF) Band, 2021 - 2031 (USD Million)
      1. Ultra-High Frequency (UHF)
      2. High Frequency (HF)
      3. Very-High Frequency (VHF)
      4. Industrial, Scientific & Medical (ISM) Band
      5. Microwave Band
    3. Radio Modem Market, By Power Output, 2021 - 2031 (USD Million)
      1. Low Power (0-10mW)
      2. Medium Power (10mW-1W)
      3. High Power (1W-10W)
      4. Very High Power (10W-100W)
    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 International
      2. Campbell Scientific
      3. SATEL (Satel Oy)
      4. RACOM
      5. FreeWave Technologies
      6. Advantech (B+B SmartWorx)
      7. Westermo
      8. ATIM Radiocommunications
      9. Radiometrix
      10. Adeunis RF
      11. Motorola Solutions
      12. Schneider Electric
      13. Q-Free
      14. Kapsch TrafficCom
      15. Wood & Douglas
  7. Analyst Views
  8. Future Outlook of the Market