The Cognitive Radio Market size is estimated at USD 8.84 billion in 2024, and is expected to reach USD 18.96 billion by 2029, growing at a CAGR of 16.48% during the forecast period (2024-2029).
The emerging 5G technologies are used to meet future wireless technologies' heavy mobile data traffic. More capacity will demand more spectrum, resulting in the integration of CR in 5G networks. The focus of CR is to enable much more efficient use of the spectrum, though it adapts itself to provide the optimum communications channel.
Ericsson and AXIAN Telecom announced a partnership to provide faster and more reliable mobile services throughout Madagascar while reducing network energy consumption and enhancing the 5G ecosystem. Through this partnership, AXIAN aims to boost digitalization across Madagascar and Tanzania, increasing network capacities and providing enhanced speeds to its customers.
A few players meet the demand, this market has moderate competition. These cognitive radio providers sign contracts and invest with various companies to help expand their services. As the demand for fast and stable network connections increases, they have a broader scope of expansion with the development of enhanced cognitive radio solutions. Some significant companies offering services in this sector include BAE Systems PLC, Thales Group, Raytheon Company, and Rohde & Schwarz GmbH & Co. KG.
In October 2022, STC adopted Ericsson's technologies to ensure proactive support and elevate customer experiences during surges in high traffic on the network. The AI-based Cognitive Software solution leverages automation, big data scalability, speed, accuracy, and consistency for improved network optimization. The solution was expected to contribute to reducing carbon dioxide emissions from operational activities like the use of virtual drive testing and remote automatic spectrum analysis.
In June 2022, the Indian Institute of Technology, Mandi, developed cooperative spectrum sensors to offer cutting-edge telecom solutions and improve the radio-frequency spectrum's reusability. The idea of this solution was that a wireless device, such as a cell phone, used by the secondary user could be fitted with a unique sensor that could detect spectrum holes that the primary user does not use and use them when the main channel is unavailable or crowded.
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