Software Defined Perimeter (SDP) Market to Benefit from Rapid Technological Advancements During the Forecast Period

Software defined radio (SDR) is a collection of software and hardware technologies in which all or some of the operational functions of the radio are perceived through variable software or firmware operating on programmable processing technologies. Also known as “Software Radio”, an SDR is a radio communication device that wirelessly transmits and receives signals via radio frequencies. SDRs include programmable arrays (FPGs), general-purpose processors (GPPs), digital signal processors (DSPs), programmable chip systems (SoCs), and more.

Impact of COVID-19 on the market

The outbreak of COVID-19 had a negative impact on the global software-defined radio market. During the pandemic, industrial production was hampered by the closure of offices and manufacturing facilities around the world to limit the spread of the deadly virus. A number of sectors such as shipping, commercial aviation and others are affected by the pandemic, mainly because software radios are used in maritime communications and commercial aviation in radio communications. In addition, the reduction in travel has led to a reduction in the use of software-defined radio stations.

Leading companies in the software-defined radio market are taking strategic steps to keep up with the challenges. For example, in July 2020. BAE systems, the British multinational company for security, weapons and aerospace, delivered radiation-cured SDR to Lockheed Martin. Enabled by the RAD5545 computer, these SDRs provide spacecraft with the improved performance, availability, reliability, and on-board signal processing capacity needed to support future space missions.

Major developments in the industry

Companies operating in the global industry are adopting various growth strategies and business tactics such as mergers and acquisitions, business expansion, partnerships and product launches to gain a global market leadership position that is expected to help the software-defined radio market grow. exponentially in the following years.

For example, in April 2019. BAE systems announced the launch of its new Common Software Defined Radio (SDR) installation for highly reliable commercial and space applications by the Ministry of Defense. SDR integrates BAE “RAD5545 Single Board Computer (SBC)” with advanced FPGA- (field programmable port arrays) based transceivers, allowing unmatched flexibility, increased signal processing capacity and orbit reprogramming. The SDR assembly will allow customers to deploy their spacecraft for multiple missions.

In September 2020 Collins Aerospace, a subsidiary of Raytheon Technologies Corporation, delivered 11,313 AN / ARC-210 (v) SDRs (software-defined radios) to a local and external customer for military sales, according to a $ 317 million modification of the U.S. Navy contract. According to the Ministry of Defense, the radio stations must be installed in more than 400 land, sea and air platforms.

Forecast analysis of the global software defined radio market

The global software defined radio market is expected to witness staggering growth over the forecast period due to the growing adoption of software enabling radio (SDR) communication in the commercial sector, such as the oil and gas exploration, freight, mining, navigation, commercial aviation and other sectors. . On the other hand, the possibility of security breaches during SDR installation or tracking of the SDR device, leading to undesirable consequences for the organization, may hinder market growth over the forecast period.

The growing demand from the world’s armed forces for the secure and secure transmission of confidential information is a significant factor expected to boost global market growth in the future. According to the latest report published by Research Dive, the global software-defined market is expected to gain $ 16,455.8 million over the forecast period (2020-2027). Regionally, the North American region is thought to dominate global industry, mainly due to the presence of countries with the highest military spending, such as the United States and an established defense industry in the region. The key players are