HOME Research Insight Software Defined Radios Penetration will Increase in Defense, Commercial, and Homeland Security Segments



Software Defined Radios Penetration will Increase in Defense, Commercial, and Homeland Security Segments


The global SDR market is estimated to be $13.87 billion in 2014 and is expected to grow at a CAGR of 11.39% to reach $26.48 billion in 2020. The growth will be from countries such as U.S., India, Brazil, and Australia

SDRs penetration will increase in defense, commercial, and homeland security segments. Though Europe and North American markets have a higher market share, the growth is expected to be uniform across all the geographic regions as national SDR programs have started in all the geographic regions.

Airborne SDRs in the defense segment are expected to be costlier than the naval and land based SDRs. Airborne SDRs will make up 40% of the global defense SDR market.

The demand for SDR will keep increasing throughout the study period as more and more countries are expected to adopt SDR communication system for their armed forces. The defense segment constitutes 80% of the SDR market and the cost of defense SDRs are higher than that of the other segments due to the varying application of SDRs. The complexity associated with defense deployment increases the cost of SDRs.

The commercial SDR segment will see a significant growth in countries such as India and China. As compared to the western countries, India and Chinamay produce SDRs at much lower costs due to lower labor cost in these two countries.

The defense segment will be predominantly driven by defense modernization programs. The homeland security market will be driven by the need for interoperability between the state and the federal government agencies such as law enforcement and drug control.

Related Reports:

Software Defined Radios Market (Defense, Commercial & Homeland Security) - Forecast Analysis to 2014 - 2020

Contact:
Mr. Rohan
North - Dominion Plaza,
17304 Preston Road,
Suite 800, Dallas, TX 75252
Tel: +1-888-600-6441
Email: sales@marketsandmarkets.com

Connect Us

Follow us on LinkedIn  Follow us on Facebook   Follow us on Twitter 
Live Chat Support


US : 1-888-600-6441

Search reports