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Software-Defined Radios Market size to grow by USD 12.89 billion from 2022-2027, ASELSAN AS, BAE Systems Plc, Bharat Electronics Ltd. among Key Vendors - TechnavioBased on Application segment, the market share growth by the Defense Segment will be significant. NEW YORK, Jan. 24, 2024 /PRNewswire/ -- 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 AS, BAE Systems Plc, Bharat Electronics Ltd., Elbit Systems Ltd., General Dynamics Corp., Huawei Technologies Co. Ltd., Indra Sistemas SA, L3Harris Technologies Inc., Leonardo Spa, Mercury Systems Inc., Northrop Grumman Systems Corp., NXP Semiconductors NV, Rafael Advanced Defense Systems Ltd., Raytheon Technologies Corp., Rohde and Schwarz GmbH and Co. KG, Rolta India Ltd., Thales Group, Ultra Electronics Holdings Plc, Viasat Inc., and ZTE Corp. and others. These 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. More details on Market size and coverage with Historic and forecast opportunities (2017 to 2027). Download a Free Sample Report in minutes! 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).
"Major driver includes the increasing need for cost-effective solutions", says a senior analyst of Technavio
The rising adoption of advanced communication technologies is an emerging trend fueling the growth, whereas the complexity of software-defined radio (SDR) technology in integration with systems hampers the growth, says a senior analyst at Technavio. Insights on Drivers, trends, & Challenges, historic period(2017 to 2021), and forecast period(2023 to 2027)- Request a sample report! What are the key data covered in this Software-Defined Radios Market report?
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. Gain instant access to 17,000+ market research reports. Technavio's SUBSCRIPTION platform Related Reports: The procurement software market size is estimated to grow at a CAGR of 10.2% between 2022 and 2027. The size is forecast to increase by USD 4,903.04 million. The time tracking software market size is estimated to grow at a CAGR of 15.05% between 2022 and 2027. The size is forecast to increase by USD 2,599.62 million. ToC 1 Executive Summary 2 Market Landscape 3 Market Sizing 4 Historic Market Size 5 Five Forces Analysis 6 Segmentation by Application 7 Segmentation by Type 8 Customer Landscape 9 Geographic Landscape 10 Drivers, Challenges, and Trends 11 Vendor Landscape 12 Vendor Analysis 13 Appendix About US Contact View original content to download multimedia:https://www.prnewswire.com/news-releases/software-defined-radios-market-size-to-grow-by-usd-12-89-billion-from-2022-2027--aselsan-as-bae-systems-plc-bharat-electronics-ltd-among-key-vendors---technavio-302042321.html SOURCE Technavio |