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MOBILE & TELECOMMUNICATIONS | Telecom Services / Wireless
motorolasolutions.com

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Investments

1

Portfolio Exits

4

Partners & Customers

10

Service Providers

1

About Motorola Solutions

Motorola Solutions (NYSE: MSI) provides mission-critical communication solutions and services for enterprise and government customers.

Motorola Solutions Headquarter Location

500 W. Monroe Street

Chicago, Illinois, 60661,

United States

847-576-5000

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Latest Motorola Solutions News

Global Walkie Talkie Market Poised for Steady Growth: Projected to touch USD 5.9 Billion by 2027 | BlueWeave

Nov 23, 2021

Noida, INDIA Noida, Nov. 23, 2021 (GLOBE NEWSWIRE) -- The growing number of industrial and construction projects across the world have demonstrated rising demand for more efficient yet budget-frienfly alternatives of communications, which has led to the growing adoption of walkie talkies. Along with this, the upcoming in-person events are propelling the demand for walkie talkies as a tool to maintain safety protocols, which is anticipated to become the driving force for the global walkie talkie market in the coming years…. A study, recently conducted by the strategic consulting and market research firm BlueWeave Consulting, revealed that global walkie talkie market was worth USD 3.3 billion in 2020. According to the study, the market is estimated to grow at the CAGR of 8.6%, earning revenue of around USD 5.9 billion by the end of 2027. The factors attributable to the growth of the walkie talkie market include the growing number of criminal activities across the residential and commercial areas, the rising budget of security equipment in the residential societies and the growing user-friendly approach of the walkie talkie. These factors have contributed to the increased use of walkie-talkies. Additionally, due to geopolitical tensions in many countries, the military equipment budget has risen in recent years, leading to the research and development of high-performance walkie talkies that are more reliable and signal-friendly in the event of a disaster or terrorist attack. These are the primary factors accelerating the growth of the global walkie talkie market. Increasing rate of industrialization is driving the growth of the global walkie talkie market The rapid rate of industrialization has become a pivotal factor contributing to the growth of the global walkie talkie market. With some of the largest projects queued up to establish their respective demand for walkie talkies, the United States has been on a construction spree. The Amazon Distribution Center in Detroit (with 3.8 million-square-feet space costing around USD 400), Logistic Center at I-95, Delaware, are some of the largest industrial and logistics projects that started in 2021. Since walkie talkies prove a much cheaper alternative and equally effective replacement for a mobile phone, such devices prove excellent communication devices at such sites. Some of the largest industrial and logistics projects that began in 2021 are the Amazon Distribution Center in Detroit (with 3.8 million square feet of space costing roughly USD 400) and the Logistic Center near I-95 in Delaware. Because walkie talkies are a far less expensive and equally effective alternative to a mobile phone, they make ideal communication devices at such locations. It aids in minimizing the organization's operational expenses and allowing them to repurpose that money for another project. As a result, large construction operations throughout deserted locations are surging in demand for such communication devices, favourably contributing to the growth of the global walkie talkie market. Request For Free Sample Report @ https://www.blueweaveconsulting.com/report/walkie-talkie-market#report-sample Rising number of cultural and sports events across the globe are fueling the demand walkie-talkies The global walkie talkie market is also being fueled by the growing number of cultural and sporting events taking place throughout the world. In light of the growing number of cultural events such as the Dubai Expo 2020, Winter Olympics, Super Bowl, and others, a survey of 550 event organizers found that 80% of them were eager to start an in-person event in the next years. Such events are expected to increase demand for walkie talkies in order to maintain the event's safety measures, resulting in increased demand for walkie talkies in the worldwide walkie talkie market. Impact of COVID-19 in the industry The sudden outbreak of the COVID-19 pandemic has negatively affected the growth of the global walkie-talkie industry. The key industries indulged in the production and manufacturing of the components essential in the production of the walkie-talkie went out of business, halting the manufacturing of walkie talkies. As a result, the global walkie talkie market's supply side has also been harmed. The supply lines were also disrupted, preventing the current demand from being met, resulting in significant losses for the manufacturers. In addition, residential and commercial construction projects were halted as a result of the rising COVId-19 cases, which had a significant impact on the worldwide walkie talkie market's demand. An influx of COVID-19 cases hampered hospital authorities' ability to maintain decorum, resulting in a growing demand for walkie talkies for communicating with walkie talkies, resulting in some growth prospects for the global walkie talkie market. The offline segment occupies the largest share of global walkie talkie market Based on distribution channels, the global walkie talkie market is grouped into online channels and offline channels. The offline channel segment has accounted for the highest market share in the global walkie talkie market. Since walkie talkies happen to be a safety tool, the market for such tools happens to be much more regulated compared to other markets. As a result, such products are usually found easily across the B2B sales and distribution channels. In addition to this, many walkie talkies have a strict mandate, which the end-users have to follow. For instance, if a walkie-talkie comes labelled with “FRS/GMRS” then the user may have to receive a valid FCC license for operating the radio device. However, if it's labelled as Family Radio Service (FRS), then the user is free to use the channels. Thus, the end-users usually prefer an offline mode of distribution channel in the global walkie talkie market. North America is expected to witness significant growth in the global walkie talkie market during the forecast period Based on regions, the global walkie talkie market is segmented into North America, Latin America, Europe, Asia Pacific, Middle East, and Africa. Among these regions, the North American region holds the largest share in the global walkie talkie market. The growing number of radio walkie talkie manufacturers, upcoming live events, increasing criminal activities, major industrial projects, the advancements in the walkie talkie technologies amid the advent of IoT, and among others are some of the pivotal reasons driving the demand for walkie talkies in the region. The ease of use along with flexible license requirements for the radio walkie talkies have enabled the region to acquire a much larger share in the global walkie talkie market. Global Walkie Talkie Market - Competitive Landscape The key players in the global walkie talkie market are Entel Group HongkongRetevis Trade Co., Ltd., Icom Inc., Hytera Communications Corporation Limited, JVCKenwood USA Corporation, Motorola Solution, Inc., Kirisun Communication Co., Ltd., Shenzhen HQT Science & Technology Co., Ltd., Uniden Holdings Corporation, Tait Communications, Yaesu USA, Cobra Electronics, Garmin Ltd., Fujian Baofeng Electronics Co., Ltd., DEWALT, Craftsman and other prominent manufacturers. The global walkie talkie market is moderately consolidated as some players in the global walkie talkie market own a larger share and possess an influence on the overall price of the walkie talkie products. As a result, it is difficult for new entrants to capture a higher share in the market. However, some players are looking forward to entering into agreements and collaborations to enhance their share in the global walkie talkie market. In August 2021, Motorola Solutions Inc. announced the launch of APX NEXT™ for Brazilian users. The next-gen mission-critical Project 25 (P25) happens to be a public safety radio which offers a touchscreen feature with a simplified user-interface for public safety. The device could be used in the bad weather conditions provided the customer is using gloves, enabling faster navigation.

Motorola Solutions Investments

1 Investments

Motorola Solutions has made 1 investments. Their latest investment was in Fleetsu as part of their Seed on November 11, 2016.

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Motorola Solutions Investments Activity

investments chart

Date

Round

Company

Amount

New?

Co-Investors

Sources

11/22/2016

Seed

Fleetsu

$0.02M

Yes

1

Date

11/22/2016

Round

Seed

Company

Fleetsu

Amount

$0.02M

New?

Yes

Co-Investors

Sources

1

Motorola Solutions Portfolio Exits

4 Portfolio Exits

Motorola Solutions has 4 portfolio exits. Their latest portfolio exit was Motorola Solutions - Enterprise Business Unit on October 27, 2014.

Date

Exit

Companies

Valuation
Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model.

Acquirer

Sources

10/27/2014

Divestiture

$991

2

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10

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10

Date

10/27/2014

00/00/0000

00/00/0000

00/00/0000

Exit

Divestiture

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Companies

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Valuation

$991

Acquirer

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Sources

2

10

10

10

Motorola Solutions Acquisitions

20 Acquisitions

Motorola Solutions acquired 20 companies. Their latest acquisition was Envysion on November 02, 2021.

Date

Investment Stage

Companies

Valuation
Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model.

Total Funding

Note

Sources

11/2/2021

Growth Equity

$13.27M

Acquired

6

7/13/2021

Series C

$63M

Acquired

12

9/21/2020

Unattributed

$3M

Acquired

2

8/31/2020

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$99M

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10

8/3/2020

Acq - Fin

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$991

$99M

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10

Date

11/2/2021

7/13/2021

9/21/2020

8/31/2020

8/3/2020

Investment Stage

Growth Equity

Series C

Unattributed

Acq - Fin

Companies

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Valuation

$991

Total Funding

$13.27M

$63M

$3M

$99M

$99M

Note

Acquired

Acquired

Acquired

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Sources

6

12

2

10

10

Motorola Solutions Partners & Customers

10 Partners and customers

Motorola Solutions has 10 strategic partners and customers. Motorola Solutions recently partnered with Bluelight on May 5, 2021.

Date

Type

Business Partner

Country

News Snippet

Sources

5/12/2021

Distributor

Bluelight

United States

Motorola Solutions' 4RE In-Car Video Solutions (Photo: Business Wire)

Motorola Solutions , Inc. today announced that the company has signed a four-year single supplier framework agreement with BlueLight * to deploy integrated 4RE In-Car Video Solutions to all emergency services in the U.K. including police , highways agencies , border security and the U.K. Home Office .

1

4/14/2021

Partner

Evolve

United States

Motorola Solutions Evolves Its Unified Workgroup Communications Portfolio.

Evolve provides a seamless and intuitive way for enterprise and public safety organisations to securely and dynamically communicate , with the enhanced ability to collaborate with video , images and other content , '' Schmidl said ... With this latest addition to its portfolio , Motorola Solutions is extending its market leadership in unified critical communications .

1

1/13/2021

Client

Xcel Energy

United States

Xcel Energy to Launch Initial Deployment of 900 MHz Wireless Private Broadband

`` In partnership with Motorola Solutions , Inc. , we plan to demonstrate the efficiency , resiliency and security provided by private LTE and validate how private LTE can not only support modernization of the grid and operations for Xcel Energy customers in Minneapolis , but also pioneer the future of broadband communications for the entire utility industry . ''

2

12/30/2020

Client

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10

12/17/2020

Client

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10

Date

5/12/2021

4/14/2021

1/13/2021

12/30/2020

12/17/2020

Type

Distributor

Partner

Client

Client

Client

Business Partner

Bluelight

Evolve

Xcel Energy

Country

United States

United States

United States

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News Snippet

Motorola Solutions' 4RE In-Car Video Solutions (Photo: Business Wire)

Motorola Solutions , Inc. today announced that the company has signed a four-year single supplier framework agreement with BlueLight * to deploy integrated 4RE In-Car Video Solutions to all emergency services in the U.K. including police , highways agencies , border security and the U.K. Home Office .

Motorola Solutions Evolves Its Unified Workgroup Communications Portfolio.

Evolve provides a seamless and intuitive way for enterprise and public safety organisations to securely and dynamically communicate , with the enhanced ability to collaborate with video , images and other content , '' Schmidl said ... With this latest addition to its portfolio , Motorola Solutions is extending its market leadership in unified critical communications .

Xcel Energy to Launch Initial Deployment of 900 MHz Wireless Private Broadband

`` In partnership with Motorola Solutions , Inc. , we plan to demonstrate the efficiency , resiliency and security provided by private LTE and validate how private LTE can not only support modernization of the grid and operations for Xcel Energy customers in Minneapolis , but also pioneer the future of broadband communications for the entire utility industry . ''

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Sources

1

1

2

10

10

Motorola Solutions Service Providers

1 Service Provider

Motorola Solutions has 1 service provider relationship

Service Provider

Associated Rounds

Provider Type

Service Type

Acquired

Investment Bank

Financial Advisor

Service Provider

Associated Rounds

Acquired

Provider Type

Investment Bank

Service Type

Financial Advisor

Partnership data by VentureSource

Motorola Solutions Team

19 Team Members

Motorola Solutions has 19 team members, including current President, Steve Ressler.

Name

Work History

Title

Status

Craig F Farrill

Founder

Current

Steve Ressler

President

Current

Neil Schlisserman

President, Executive Vice President

Current

John Hawley

Chief Product Officer

Current

Jeff Robertson

Chief Executive Officer

Former

Name

Craig F Farrill

Steve Ressler

Neil Schlisserman

John Hawley

Jeff Robertson

Work History

Title

Founder

President

President, Executive Vice President

Chief Product Officer

Chief Executive Officer

Status

Current

Current

Current

Current

Former

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