Software Defined Radio Market

Software Defined Radio Market worth $14.5 billion by 2025

The report "Software Defined Radio Market by Platform (Land, Airborne, Naval, Space), Application (Defense, Commercial), Type (General Purpose Radios, Cognitive/Intelligent Radio, Terrestrial Trunked Radio), Frequency Band, Component and Region Global Forecast 2025" The software defined radio market size is projected to grow from USD 11.4 billion in 2020 to USD 14.5 billion by 2025, at a CAGR of 4.9% from 2020 to 2025. Vital factors likely to drive the growth of the software defined radio market are rising adoption of SDRs in telecommunications and numerous technological developments in software defined radios. The increasing demand for software defined radios in advanced communication systems utilized for important missions in the aerospace sector will escalate the market growth.

Browse 133 market data Tables and 64 Figures spread through 314 Pages and in-depth TOC on "Software Defined Radio Market by Platform (Land, Airborne, Naval, Space), Application (Defense, Commercial), Type (General Purpose Radios, Cognitive/Intelligent Radio, Terrestrial Trunked Radio), Frequency Band, Component and Region Global Forecast 2025"
View detailed Table of Content here - https://www.marketsandmarkets.com/Market-Reports/software-defined-radio-market-138946173.html

The demand for software defined radios, especially in the commercial applications, such as telecommunication, transportation, and commercial aviation, has been affected to a great extent. Due to precautionary measures undertaken by many countries to stop the spread of COVID-19, several public/private development activities have been stopped, resulting in a drop in demand for software defined radios. However, this trend seems to vary from country to country. For instance, the demand for software defined radios in Europe and the Asia Pacific has been affected by the pandemic owing to the stoppage of development activities. 

Based on application, the commercial segment of the software defined radio market is projected to witness the substantial growth during the forecast period

In terms of application, the market is segregated into commercial and defense. The rising usage of SDRs in commercial applications including aviation communication, marine communication, transportation, telecommunication is supporting the segment growth. Software defined radios are predominantly used in Air Traffic Control (ATC), transportation, and telecommunication applications. They are easily upgradable and provide high data transmission rate that further enhances its usage for commercial segment.

Cognitive/ Intelligent radio sub segment of the software defined radio market by type is projected to witness the highest CAGR owing to increasing improvements in cognitive radio products

Based on type, the software defined radio market has been segmented into General Purpose Radio, Joint Tactical Radio System (JTRS), Cognitive/Intelligent Radio and Terrestrial Trunked Radio (TETRA). The major benefits of the cognitive radio with SDR include the optimized use of spectrum, interoperability, and ability to reconfigure networks to meet current needs and reach hidden frequency nodes. In the coming years, the application of the cognitive radio is expected to rise exponentially across various industry verticals. Technological advancements, optimized spectrum utilization, and the increasing adoption of 5G technology are some of the major driving factors for the market growth.

The North America market is projected to contribute the largest share from 2020 to 2025 in the software defined radio market

 North America is estimated to account for the major share of the software defined radio market in 2020. The market in this region is projected to register highest CAGR during the forecast period. The US and Canada are considered for estimating the market size of the North American region. North American companies are investing in various software defined radio systems to provide secure communication to different armed forces. Software defined radio systems provide ease of data sharing between different armed forces and better operational planning & execution in a network-centric warfare environment.

The software defined radio market is dominated by a few globally established players such as Thales (France), Elbit Systems Ltd. (Israel), Northrop Grumman Corporation (US), General Dynamics Corporation (US), Raytheon Technologies Corporation (US), L3Harris Technologies, Inc (US), and BAE Systems (US).  among others.

Don’t miss out on business opportunities in Software Defined Radio Market. Speak to our analyst and gain crucial industry insights that will help your business grow.

About MarketsandMarkets™

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets’s flagship competitive intelligence and market research platform, "Knowledgestore" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

Contact:
Mr. Aashish Mehra
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA : 1-888-600-6441
sales@marketsandmarkets.com

Report Code
AS 2239
PR Published ON
1/18/2021
Choose License Type
BUY NOW
  • SHARE
X
Request Customization
Speak to Analyst
Speak to Analyst
OR FACE-TO-FACE MEETING
PERSONALIZE THIS RESEARCH
  • Triangulate with your Own Data
  • Get Data as per your Format and Definition
  • Gain a Deeper Dive on a Specific Application, Geography, Customer or Competitor
  • Any level of Personalization
REQUEST A FREE CUSTOMIZATION
LET US HELP YOU!
  • What are the Known and Unknown Adjacencies Impacting the Software Defined Radio Market
  • What will your New Revenue Sources be?
  • Who will be your Top Customer; what will make them switch?
  • Defend your Market Share or Win Competitors
  • Get a Scorecard for Target Partners
REQUEST A FREE WORKSHOP
ADJACENT MARKETS
REQUEST BUNDLE REPORTS
+1-888-600-6441
  • Call Us
  • +1-888-600-6441 (Corporate office hours)
  • +1-888-600-6441 (US/Can toll free)
  • +44-800-368-9399 (UK office hours)
CONNECT WITH US
ABOUT TRUST ONLINE
©2021 MarketsandMarkets Research Private Ltd. All rights reserved
...

Digital Virtual Assistant - MarketsandMarkets

Home