Software Defined Radio Trends and Forecast
The future of the global software defined radio market looks promising with opportunities in the aerospace & defense , telecommunication, public safety, and commercial markets. The global software defined radio market is expected to reach an estimated $15.2 billion by 2030 with a CAGR of 6.0% from 2024 to 2030. The major drivers for this market are increasing telephony acceptance of SDRs and rising interest in next-generation IP systems and military budget increase to modernize defense communication networks.
A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.
Software Defined Radio by Segment
The study includes a forecast for the global software defined radio by component, type, frequency, application, and region.
Software Defined Radio Market by Component [Shipment Analysis by Value from 2018 to 2030]:
• Hardware
• Software
• Service
Software Defined Radio Market by Type [Shipment Analysis by Value from 2018 to 2030]:
• General Purpose Radio
• Joint Tactical Radio System (JTRS)
• Cognitive/intelligent Radio
• Terrestrial Trunked Radio (TETRA)
Software Defined Radio Market by Frequency [Shipment Analysis by Value from 2018 to 2030]:
• HF Band
• VHF Band
• UHF Band
• Others
Software Defined Radio Market by Region [Shipment Analysis by Value from 2018 to 2030]:
• North America
• Europe
• Asia Pacific
• The Rest of the World
• Others
List of Software Defined Radio Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies software defined radio companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the software defined radio companies profiled in this report include-
• Collins Aerospace Systems
• Harris Corporation
• Elbit Systems
• L3 Technologies
• Bae Systems
• Huawei Technologies
• Datasoft Corporation
• Raytheon Company
• Northrop Grumman Corporation
Software Defined Radio Market Insights
Software Defined Radio Market Insights
Lucintel forecasts that service is expected to witness highest growth over the forecast period due to increasing acceptance of portable SDRs and combining of digital and analog technologies onto a single chip drives
Within this market, aerospace and defense will remain the largest segment.
APAC is expected to witness highest growth over the forecast period due to better information exchange and safe collaboration are made possible by law enforcementÄX%$%Xs need for enhanced communication during natural catastrophes.
Features of the Global Software Defined Radio Market
Market Size Estimates: Software defined radio market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Software defined radio market by various segments, such as by component, type, frequency, application and region in terms of($B).
Regional Analysis: Softwaredefined radio market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different , component, type, frequency, application, and regions for the software defined radio market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the software defined radio market.
Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q.1 What is the software defined radio market size?
Answer: The global software defined radio market is expected to reach an estimated $15.2 billion by 2030.
Q.2 What is the growth forecast for software defined radio market?
Answer: The global software defined radio market is expected to grow with a cagr of 6.0% from 2024 to 2030.
Q.3 What are the major drivers influencing the growth of the software defined radio market?
Answer: The major drivers for this market are increasing telephony acceptance of SDRs and rising interest in next-generation IP systems and military budget increase to modernize defense communication networks.
Q4. What are the major segments for software defined radio market?
Answer: The future of the software defined radio market looks promising with opportunities in the aerospace & defense , telecommunication, public safety, and commercial markets.
Q5. Who are the key Software Defined Radio Market companies?
Answer: Some of the key software defined radio companies are as follows:
• Collins Aerospace Systems
• Harris Corporation
• Elbit Systems
• L3 Technologies
• BAE Systems
• Huawei Technologies
• Datasoft Corporation
• Raytheon Company
• Northrop Grumman Corporation
Q6. Which software defined radio market segment will be the largest in future?
Answer: Lucintel forecasts that service is expected to witness highest growth over the forecast period due to increasing acceptance of portable SDRs and combining of digital and analog technologies onto a single chip drives.
Q7. In software defined radio market, which region is expected to be the largest in next 5 years?
Answer: APAC is expected to witness highest growth over the forecast period.
Q.8 Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.
This report answers following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the software defined radio market by component (hardware, software, and service), type (general purpose radio, joint tactical radio system (JTRS), cognitive/intelligent radio, and terrestrial trunked radio (TETRA)), frequency (HF band, VHF band, UHF band, and others), application (aerospace & defense, telecommunication, public safety, commercial, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
For any questions related to Software Defined Radio Market, Software Defined Radio Market Size, Software Defined Radio Market Growth, Software Defined Radio Market Analysis, Software Defined Radio Market Report, Software Defined Radio Market Share, Software Defined Radio Market Trends, Software Defined Radio Market Forecast, Software Defined Radio Companies, write Lucintel analyst at email: helpdesk@lucintel.com. We will be glad to get back to you soon.