The global software-defined radios market size is estimated to grow by USD $12.89 Billion from 2022 to 2027, according to Technavio. The market is estimated to grow at a CAGR of 8% during the forecast period. The key players include ASELSAN, BAE Systems, Bharat Electronics, Elbit Systems, General Dynamics, Huawei Technologies, Indra Sistemas, L3Harris Technologies, Leonardo, Mercury Systems, Northrop Grumman Systems, NXP Semiconductors, Rafael Advanced Defense Systems, Raytheon Technologies, Rohde and Schwarz, Rolta India, Thales Group, Ultra Electronics Holdings, Viasat, ZTE and others.
The players focus on product launches, partnerships, collaborations, and acquisitions to enhance their market presence and gain a competitive advantage. The software-defined radios market is fragmented and the vendors are deploying organic and inorganic growth strategies to compete in the market.
Technavio has segmented the market based on Application (Defense, Homeland security, and Commercial), Type (Joint tactical radio system, Cognitive radio, General purpose radio, and Terrestrial trunked radio), and Geography (North America, Europe, APAC, South America, and Middle East and Africa).
- The defense segment will be significant during the forecast period. The United States Army has implemented its SDR technology in the Joint Tactical Radio System (JTRS). It is a program that allows different military units to communicate effectively in different environments. The US Navy also uses SDR for ship communication systems to improve communication between ships. Furthermore, owing to the widespread use of SDR in military communication systems, this segment will contribute significantly to the growth during the forecast period due to the increasing demand for SDR.
- North America is estimated to account for 35% of the growth during the forecast period.
- There is a need for cost-effective solutions and SDR technology that enables efficient use of spectrum and reduces the cost of deploying and maintaining communication networks.
- Moreover, SDRs are modular and can be easily upgraded or reconfigured, helping to reduce the total cost of ownership.
- For instance, SDRs are modular and can be easily upgraded or reconfigured, helping to reduce the total cost of ownership.
Key Data Covered in this Software-Defined Radios Market Report?
- CAGR during the forecast period
- Detailed information on factors that will drive the growth between 2023 and 2027
- Precise estimation of the Software-Defined Radios Market size and its contribution to the parent market
- Accurate predictions about upcoming trends and changes in consumer behavior
- Growth of the Software-Defined Radios Market industry across North America, Europe, APAC, South America, and Middle East and Africa
- A thorough analysis of the market's competitive landscape and detailed information about vendors
- Comprehensive analysis of factors that will challenge the growth of Software-Defined Radios vendors
Major Applications of SDR
The Software-Defined Radio (SDR) Market incorporates SDR hardware and software, emphasizing digital signal processing (DSP), frequency agility, RF spectrum analysis, and cognitive radio. It navigates wireless protocols with FPGA and ADC/DAC technologies, utilizing GNU Radio, modulation/demodulation techniques, and open-source SDR platforms. Applications span commercial and military communications, emergency response, amateur radio, and integration with 5G technology and IoT. The market explores cybersecurity, beamforming, antenna design, RF front-end, spectrum management, and satellite communication, and incorporates machine learning. It involves mobile network operators, SDR testing and measurement, adherence to standards and regulations, and observing evolving trends and forecasts.
Click here to view research reports in other trending topics from Technavio on everything RF.
