| Product Code: ETC5618183 | Publication Date: Nov 2023 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Vasudha | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
Despite a declining Compound Annual Growth Rate (CAGR) of -4.84% from 2020 to 2024 and a negative growth rate of -1.77% in 2024, Cape Verde continues to rely on imports of radio modems. The top exporting countries to Cape Verde in 2024 include China, Portugal, Senegal, Togo, and Spain, indicating a diverse source of imports. However, the market remains heavily concentrated with a very high Herfindahl-Hirschman Index (HHI) in 2024, suggesting potential challenges for market competition and pricing dynamics in the industry.

Cape Verde`s radio modem market is essential for enabling wireless communication across various sectors, including public safety, transportation, and industrial automation. Radio modems are used for transmitting data over long distances without the need for physical infrastructure, making them ideal for Cape Verde`s dispersed island geography. The market is expected to grow as the need for reliable and efficient communication solutions increases.
The radio modem market in Cape Verde is shaped by the demand for reliable wireless communication in remote and challenging environments. Radio modems are essential for various applications, including telemetry, remote monitoring, and data transmission in industries such as oil and gas, utilities, and transportation. The market growth is supported by advancements in wireless technology and the need for efficient communication solutions.
The radio modem market in Cape Verde is constrained by the limited demand from the telecommunications and industrial sectors. High import costs for radio modems and the lack of local manufacturing facilities make these devices expensive for potential buyers. Additionally, there is a lack of awareness and understanding of the applications and benefits of radio modems, which can limit market penetration and growth.
The radio modem market in Cape Verde is shaped by government initiatives to enhance communication infrastructure, particularly in remote areas. Policies are being implemented to support the adoption of radio modems for reliable data transmission in sectors such as emergency services, transportation, and maritime communications. The government is promoting the use of robust, cost-effective radio modem technologies to improve connectivity, though the market faces challenges related to high import duties and limited local expertise.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Cape Verde Radio Modem Market Overview |
3.1 Cape Verde Country Macro Economic Indicators |
3.2 Cape Verde Radio Modem Market Revenues & Volume, 2021 & 2031F |
3.3 Cape Verde Radio Modem Market - Industry Life Cycle |
3.4 Cape Verde Radio Modem Market - Porter's Five Forces |
3.5 Cape Verde Radio Modem Market Revenues & Volume Share, By Frequency Band, 2021 & 2031F |
3.6 Cape Verde Radio Modem Market Revenues & Volume Share, By Communication Channel, 2021 & 2031F |
3.7 Cape Verde Radio Modem Market Revenues & Volume Share, By Operating Range, 2021 & 2031F |
3.8 Cape Verde Radio Modem Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Cape Verde Radio Modem Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for IoT applications and smart devices requiring reliable connectivity solutions. |
4.2.2 Growing adoption of radio modems in industrial automation and remote monitoring applications. |
4.2.3 Government initiatives to improve communication infrastructure in Cape Verde. |
4.3 Market Restraints |
4.3.1 High initial investment cost associated with deploying radio modem systems. |
4.3.2 Limited technical expertise and skilled workforce in the market. |
4.3.3 Challenges related to spectrum allocation and regulatory compliance. |
5 Cape Verde Radio Modem Market Trends |
6 Cape Verde Radio Modem Market Segmentations |
6.1 Cape Verde Radio Modem Market, By Frequency Band |
6.1.1 Overview and Analysis |
6.1.2 Cape Verde Radio Modem Market Revenues & Volume, By License-free frequency, 2021-2031F |
6.1.3 Cape Verde Radio Modem Market Revenues & Volume, By UHF, 2021-2031F |
6.1.4 Cape Verde Radio Modem Market Revenues & Volume, By Wi-Fi, 2021-2031F |
6.1.5 Cape Verde Radio Modem Market Revenues & Volume, By VHF, 2021-2031F |
6.2 Cape Verde Radio Modem Market, By Communication Channel |
6.2.1 Overview and Analysis |
6.2.2 Cape Verde Radio Modem Market Revenues & Volume, By Point to multi-point, 2021-2031F |
6.2.3 Cape Verde Radio Modem Market Revenues & Volume, By Point to point, 2021-2031F |
6.3 Cape Verde Radio Modem Market, By Operating Range |
6.3.1 Overview and Analysis |
6.3.2 Cape Verde Radio Modem Market Revenues & Volume, By Short range, 2021-2031F |
6.3.3 Cape Verde Radio Modem Market Revenues & Volume, By Long range, 2021-2031F |
6.4 Cape Verde Radio Modem Market, By Application |
6.4.1 Overview and Analysis |
6.4.2 Cape Verde Radio Modem Market Revenues & Volume, By Vehicle to infrastructure, 2021-2031F |
6.4.3 Cape Verde Radio Modem Market Revenues & Volume, By Communication, 2021-2031F |
6.4.4 Cape Verde Radio Modem Market Revenues & Volume, By Traffic management systems, 2021-2031F |
6.4.5 Cape Verde Radio Modem Market Revenues & Volume, By Electronic fee collection, 2021-2031F |
6.4.6 Cape Verde Radio Modem Market Revenues & Volume, By Vehicle to vehicle, 2021-2031F |
6.4.7 Cape Verde Radio Modem Market Revenues & Volume, By Communication, 2021-2031F |
7 Cape Verde Radio Modem Market Import-Export Trade Statistics |
7.1 Cape Verde Radio Modem Market Export to Major Countries |
7.2 Cape Verde Radio Modem Market Imports from Major Countries |
8 Cape Verde Radio Modem Market Key Performance Indicators |
8.1 Average data transmission speed of radio modems in Cape Verde. |
8.2 Number of new IoT applications utilizing radio modems in the market. |
8.3 Percentage increase in the number of industrial automation projects using radio modems. |
9 Cape Verde Radio Modem Market - Opportunity Assessment |
9.1 Cape Verde Radio Modem Market Opportunity Assessment, By Frequency Band, 2021 & 2031F |
9.2 Cape Verde Radio Modem Market Opportunity Assessment, By Communication Channel, 2021 & 2031F |
9.3 Cape Verde Radio Modem Market Opportunity Assessment, By Operating Range, 2021 & 2031F |
9.4 Cape Verde Radio Modem Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Cape Verde Radio Modem Market - Competitive Landscape |
10.1 Cape Verde Radio Modem Market Revenue Share, By Companies, 2024 |
10.2 Cape Verde Radio Modem Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |