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Global Software Defined Radio Market to Generate $16,455.8 Million and Exhibit a CAGR of 4.4% from 2020 to 2027 - Exclusive Report [282 pages] by Research Dive- The global software defined radio market is estimated to witness massive growth in forecast period, due to rising demand for advanced communication systems from defense sector. The North America is anticipated to hold largest market share by 2027 NEW YORK, Aug. 27, 2021 /PRNewswire/ -- Research Dive has added a new report to its offering titled, "Software Defined Radio Market by Frequency Band (High Frequency, Very High Frequency, and Ultra-High Frequency), Component (Transmitter, Receiver, Software, and Auxiliary System), Platform (Land, Airborne, Naval, and Space), End User (Defense and Commercial), and Regional Analysis (North America, Europe, Asia-Pacific, and LAMEA): Global Opportunity Analysis and Industry Forecast, 2020–2027."  Research Dive in its latest published report estimates that the Global Software Defined Radio Market will generate $16,455.8 million and exhibit a CAGR of 4.4% from 2020 to 2027. Download PDF Sample Report of Software Defined Radio Market Market Dynamics The demand for advanced military communication system is rising with increasing military expenditure across the globe. In addition, a number of commercial sectors, such as cargo, transportation, oil & gas exploration, and others are increasingly adopting software enable radio communications due to its advantages. These factors are predicted to boost the growth of the global market during the forecast period. However, the risk of security breach in SDRs is expected to hamper the market growth during the estimated timeframe. Impact of COVID-19 Pandemic on the Market The COVID-19 pandemic has adversely impacted the global software defined radio market during the pandemic. The decline in the growth rate of the market is majorly attributed to disruption in transportation and supply chain of products to prevent the spread of the coronavirus. Besides, various sectors such as commercial aviation, shipping, and other have been affected due to the pandemic, resulting in reduction in utilization of software defined radios in these sectors. However, many leading companies of the market are adopting strategies such as partnerships and agreements to sustain their business during the tryig times. Access Our Comprehensive Analysis Of The IMPACT OF COVID-19 ON GLOBAL SOFTWARE DEFINED RADIO MARKET Key Segment Findings of the Market: The research report segments the global software defined radio market into frequency band, component, platform, end user, and region.
Top Prominent Market Players of Software Defined Radio Industry
Inquire and Get Quick Access to Top Companies Development Strategies Summary Report These players are focusing on product launches, partnerships, and strategic collaborations to gain a competitive in the global market. For instance, in April 2020, L3Harris Technologies, an American technology company, defense contractor & information technology services provider, received a third low-rate initial production (LRIP) order by the U.S. Army under the HMS IDIQ (Handheld, Manpack, & Small Form-Fit IDIQ)contract valued at US$95 million. The aim of the U.S. army is to bring AN/PRC-158 software denied radios (SDRs) to the battlefield. According to the company, the army expects to purchase approximately 65,000 HMS Manpack radios under the IDIQ. Moreover, the report offers other key details of leading players such as business tactics, financial performance, and product/service range of these players along with Porter's five forces analysis and SWOT analysis. More about Software Defined Radio All You Need to Know About Software Defined Radio Related Trending Topics:
About Research Dive: Research Dive is a market research firm based in Pune, India. Maintaining the integrity and authenticity of the services, the firm provides the services that are solely based on its exclusive data model, compelled by the 360-degree research methodology, which guarantees comprehensive and accurate analysis. With an unprecedented access to several paid data resources, team of expert researchers, and strict work ethic, the firm offers insights that are extremely precise and reliable. Scrutinizing relevant news releases, government publications, decades of trade data, and technical & white papers, Research dive deliver the required services to its clients well within the required timeframe. Its expertise is focused on examining niche markets, targeting its major driving factors, and spotting threatening hindrances. Complementarily, it also has a seamless collaboration with the major industry aficionado that further offers its research an edge. Contact: Logo: https://mma.prnewswire.com/media/997523/Research_Dive_Logo.jpg 
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