Home Radio waves Global Software Defined Radio (SDR) Market To Reach $ 23.3 Billion By...

Global Software Defined Radio (SDR) Market To Reach $ 23.3 Billion By 2026

9
0

FACTS AT A GLANCE
Editing: 16; Posted: May 2021
Executive pool: 8827
Companies: 53 – Players covered include BAE Systems PLC; Bharat Electronics Limited; Collins Aerospace; Datasoft Corporation; Elbit Systems Ltd .; Epiq Solutions, LLC; Ettus research; FlexRadio Systems, Inc .; L3Harris Technologies, Inc .; Microtelecom Srl; Northrop Grumman Corporation; Rohde & Schwarz GmbH & Co KG; SDR reading; Signalscape, Inc .; Thales Defense & Security, Inc .; ViaSat, Inc. and others.
Blanket: All major geographies and key segments
Segments: Component (receiver, transmitter, other hardware, software, services); Application (aerospace and defense, telecommunications, public safety, commercial, other applications)
Geographies: World; United States; Canada; Japan; China; Europe; France; Germany; Italy; UK; Spain; Russia; Rest of Europe; Asia Pacific; Australia; India; South Korea; Rest of Asia Pacific; Latin America; Argentina; Brazil; Mexico; Rest of Latin America; Middle East; Israel; Saudi Arabia; Rest of Middle East; Africa.

Free Project Preview – This is an ongoing global program. Preview our research program before making a purchase decision. We offer free access to qualified executives in charge of strategy, business development, sales and marketing and product management roles in selected companies. Insights provide privileged access to business trends; competing brands; profiles of experts in the field; and market data models and more. You can also create your own bespoke report using our MarketGlass Platform that offers thousands of bytes of data with no obligation to purchase our report. Registry overview

ABSTRACT-

Global Software Defined Radio (SDR) Market To Be Reached $ 23.3 billion by 2026

SDR represents a type of sophisticated radio communication that relies on software on a personal computer or on-board systems rather than on hardware components. The growth of the global market is influenced by factors such as spending on military communication systems, adoption of car radios, proliferation of connected devices, and investments in wireless technology. The increasing use of digital servers is driving the adoption of SDRs globally, with commercial, military and public safety use being the primary applications of these systems. The demand for SDR is also driven by their advanced features, ability to improve efficiency and reduce costs, continuous digitization and favorable regulations. SDRs are commonly used in space communications to improve satellite performance and accurately support multiple frequency bands. SDR architectures are expected to play an important role in delivering specific telecommunications services, including radio broadcasts, digital television, and video streaming. The commercial and technical viability of SDR technology is also driven by emerging technologies such as smart antennas, software, networks, signal processing, semiconductors and batteries.

In the midst of the COVID-19 crisis, the global software-defined radio (SDR) market is estimated to be US $ 18.5 billion in 2020, is expected to reach a revised size of US $ 23.3 billion by 2026, with a CAGR of 4.4% over the analysis period. Receiver, one of the segments analyzed in the report, is expected to register a CAGR of 3.4% and reach 4.3 billion US dollars at the end of the analysis period. After a thorough analysis of the business implications of the pandemic and the induced economic crisis, the growth of the issuer segment is readjusted to a revised CAGR of 2.8% for the next 7 year period. The SDR Receiver converts the complex signal handling required for communication transmitters and receivers into digital style. Transmitters are commonly used to generate and transmit electromagnetic waves intended to carry messages and signals. These components allow the broadcasting of large volumes of data over long distances by frequency modulation.

The US market is estimated at $ 8.9 billion in 2021, when China is expected to reach $ 939.3 million by 2026

The software-defined radio (SDR) market in the United States is estimated at US $ 8.9 billion in 2021. China, the world’s second-largest economy, is expected to reach a projected market size of US $ 939.3 million by 2026, with a CAGR of 6.5% over the analysis period. Other notable geographic markets include Japan and Canada, each forecasts growth of 3.6% and 4.4% respectively over the period of analysis. In Europe, Germany is expected to grow at around 4.3% CAGR. North America and Europe remain at the forefront of the global SDR market due to factors such as levels of military spending, technological advancements and the presence of leading players. The US market is driven by the Joint Tactical Networking Center (JTNC) program to provide technical support for wireless communication systems for the US Department of Defense. The European market is expected to experience lucrative growth opportunities over the next few years due to ongoing developments related to AI for military operations and advancements in cognitive radios. Growth in the Asia Pacific region is driven by increased defense spending in developing countries, including India and China.

Software segment to be reached $ 9.3 billion by 2026

The software component is expected to experience notable growth due to the increasing demand for commercial applications. In addition to defining functions and specifications, the software provides increased flexibility to balance network load and eliminate capacity bottlenecks to support central packet-switched backhaul. The increasing use of various applications such as GPS, remote radio monitoring, text messaging, data information and voice access is expected to drive the demand for advanced software. In the global software (components) segment, United States, Canada, Japan, China and Europe will lead to the estimated 5.6% CAGR for this segment. These regional markets representing a combined market size of US $ 6.2 billion in 2020 will reach a projected size of US $ 8.9 billion before the end of the analysis period. China will remain among the most dynamic of this group of regional markets. Led by countries such as Australia, India, and South Korea, the market of Asia Pacific should reach US $ 249.4 million by 2026, while Latin America will increase at a CAGR of 6.8% throughout the analysis period. Following

Glass Market Platform
Our market Glass Platform is a comprehensive, free knowledge center that can be custom configured to meet the intelligence needs of today’s busy business leaders! This interactive influencer-driven research platform is at the heart of our core research engagements and draws on the unique perspectives of participating leaders from around the world. Features include – enterprise-wide peer-to-peer collaborations; overviews of research programs relevant to your business; 3.4 million profiles of experts in the field; competitive company profiles; interactive research modules; custom report generation; monitor market trends; competing brands; create and publish blogs and podcasts using our primary and secondary content; follow events in the field around the world; and much more. Client companies will have full insider access to the project’s data stacks. Currently used by over 67,000 subject matter experts around the world.

Our platform is free for qualified executives and is accessible from our website www.StrategyR.com or via our new mobile application on ios or Android

About Global Industry Analysts, Inc. & StrategyR
Global Industry Analysts, Inc., (www.strategyr.com) is a renowned market research publisher, the only influencer-focused market research company in the world. Proudly serving more than 42,000 clients in 36 countries, GIA has been recognized for its accurate forecasting of markets and industries for more than 33 years.

CONTACTS:
Zak Ali
Director, Corporate Communications
Global Industry Analysts, Inc.
Phone: 1-408-528-9966
www.StrategyR.com
E-mail: [email protected]

CONNECTIONS
Join our panel of experts
https://www.strategyr.com/Panelist.asp

Connect with us on LinkedIn
https://www.linkedin.com/company/global-industry-analysts-inc./

Follow us on twitter
https://twitter.com/marketbytes

Journalists and media
[email protected]

SOURCE Global Industry Analysts, Inc.

Related links

http://www.strategyr.com



Source link