Global Software-defined Radio (SDR) Market 2024-2028
Global Software-Defined Radio (SDR) Market 2024-2028
The software-defined radio (SDR) market is forecasted to grow by USD 14007.3 mn during 2023-2028, accelerating at a CAGR of 8.09% during the forecast period. The report on the software-defined radio (SDR) 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 radio (SDR) 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 Geographical Landscape
- 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 radio (SDR) market growth during the next few years. Also, rising inclination towards open-source sdrs and increase in new product launches will lead to sizable demand in the market.
The report on the software-defined radio (SDR) market covers the following areas:
- Software-defined radio (SDR) market sizing
- Software-defined radio (SDR) market forecast
- Software-defined radio (SDR) market industry analysis
The 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 radio (SDR) 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 Corp., NXP Semiconductors NV, Rafael Advanced Defense Systems Ltd., Rohde and Schwarz GmbH and Co. KG, Rolta India Ltd., RTX Corp., Thales Group, Ultra Electronics Holdings PLC, Viasat Inc., and ZTE Corp.. Also, the software-defined radio (SDR) 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.
The publisher 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. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.