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Global Software Defined Radio (SDR) Market to Reach $23.3 Billion by 2026

FACTS VIDEO
Edition: 16; Posted: May 2021
Executive pool: 8827
Companies: 53 – Players covered include BAE Systems PLC; Bharat Electronics Limited; Collins Aerospace; Datasoft Corporation; Elbit Systems Ltd .; Epiq Solutions, LLC; Ettus Research; FlexRadio Systems, Inc .; L3Harris Technologies, Inc .; Microtelecom Srl; Northrop Grumman Corporation; Rohde & Schwarz GmbH & Co KG; SDRplay; Signalscape, Inc .; Thales Defense & Security, Inc .; ViaSat, Inc. and other.
Coverage: All major geographical areas and key segments
Segments: Component (receiver, transmitter, other hardware, software, services); Application (Aerospace and defense, telecommunications, public safety, commercial, other applications)
Geography: The world; USA; Canada; Japan; China; Europe; France; Germany; Italy; Great Britain; Spain; Russia; The rest Europe; Asia-Pacific region; Australia; India; South Korea; The rest Asia-Pacific region; Latin America; Argentina; Brazil; Mexico; The rest Latin America; Middle East; Israel; Saudi Arabia; The rest Middle East; Africa.

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SUMMARY-

Global Software Defined Radio (SDR) market to reach $ 23.3 billion until 2026

SDR is a type of complex radio communication that relies on PC software or embedded systems rather than hardware components. Global market growth is driven by factors such as the cost of military communications systems, the adoption of car radios, the proliferation of connected devices, and investment in wireless technology. The growing use of digital servers favors the adoption of SDRs worldwide, with commercial use, military and public safety being the main applications of these systems. Demand for SDRs is also driven by their enhanced functionality, ability to improve efficiency and reduce costs, ongoing digitalisation and favorable regulations. SDRs are often used in space communication to improve satellite performance and accurately maintain multiple bands. SDR architectures are expected to play an important role in the provision of specific telecommunications services, including broadcasting, digital television and video streaming. The commercial and technical viability of SDR technology is also stimulated by emerging technologies such as smart antennas, software, networking, signal processing, semiconductors and batteries.

Against the backdrop of the COVID-19 crisis, the global software-defined radio (SDR) market is valued at $ 18.5 billion in 2020 it is expected to reach a revised amount of $ 23.3 billion by 2026, increasing by CAGR of 4.4% during the analysis period. The receiver, one of the segments analyzed in the report, is expected to record 3.4% CAGR and coverage $ 4.3 billion until the end of the analytical period. After an in-depth analysis of the business consequences of the pandemic and the economic crisis caused by it, the growth in the transmitter segment was adjusted to a revised 2.8% CAGR for the next 7-year period. The SDR receiver converts the complex signal processing required for communication transmitters and receivers into a digital style. Transmitters are typically used to produce and transmit electromagnetic waves designed to transmit messages and signals. These components allow significant volumes of data to be transmitted over long distances by frequency modulation.

The US market is valued at $ 8.9 billion in 2021, while China is expected to reach $ 939.3 million until 2026

The US Software Defined Radio (SDR) market is valued at $ 8.9 billion in 2021. China, the world ‘s second largest economy, is expected to reach an estimated market size of $ 939.3 million by 2026, following a CAGR of 6.5% during the analytical period. Other notable geographic markets include Japan and Canada, each forecast to increase by 3.6% and 4.4% respectively during the analysis period. Within Europe,, Germany is expected to increase by approximately 4.3% CAGR. North America and Europe remain at the forefront of the global SDR market due to factors such as levels of military spending, technological advances and the presence of leading players. The US market is managed by the Joint Tactical Networking Center (JTNC) program, designed to offer technical support for wireless communications systems to the US Department of Defense. The European market is expected to witness lucrative growth opportunities in the coming years due to the continuing development of AI for military operations and advances in cognitive radios. Growth in Asia-Pacific region the region is driven by rising defense spending in developing countries, including India and China.

Reach software segment $ 9.3 billion until 2026

The software component is expected to grow significantly due to growing demand for commercial applications. In addition to defining features and specifications, the software offers improved flexibility to balance network load and eliminate capacity constraints to support packet kernel switching. Growing use in various applications such as GPS, remote radio surveillance, text messaging, data information and voice access is expected to increase the demand for advanced software. In the global software segment (component), USA,, Canada,, Japan,, China and Europe will manage the 5.6% CAGR estimated for this segment. These regional markets represent the total market size of $ 6.2 billion in 2020 will reach an estimated size of $ 8.9 billion until the end of the analytical period. China will remain among the fastest growing in this cluster of regional markets. Led by countries such as Australia,, India, and South Korea, the market in Asia-Pacific region is expected to reach $ 249.4 million until 2026, while Latin America will increase by 6.8% CAGR during the analysis period. | More ▼

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