Global Software-Defined Radios Market 2023-2027
Technavio has been monitoring the software-defined radios market and is forecast to grow by USD 12,894.6 mn during 2022-2027, accelerating at a CAGR of 8% during the forecast period. Our report on the software-defined radios market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increasing need for cost-effective solutions for smart connected devices, rising need for stable connections and higher data speed, and growing demand for SDRs in the defense sector.
Technavio's software-defined radios market is segmented as below:
By Application
- Defense
- Homeland security
- Commercial
By Type
- Joint tactical radio system
- Cognitive radio
- General purpose radio
- Terrestrial trunked radio
By Geography
- North America
- Europe
- APAC
- South America
- Middle East and Africa
This study identifies the rising adoption of advanced communication technologies as one of the prime reasons driving the software-defined radios market growth during the next few years. Also, the rising inclination towards open-source SDRs and an increase in new product launches will lead to sizable demand in the market.
Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters. Our report on the software-defined radios market covers the following areas:
- Software-defined radios market sizing
- Software-defined radios market forecast
- Software-defined radios market industry analysis
Technavio's robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading software-defined radios market vendors that 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. Also, the software-defined radios market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. Technavio's market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.