Software defined radio market is estimated to be USD 16.24 billion in 2016, and is projected to reach USD 29.12 billion by 2021, at a CAGR of 12.39% between 2016 and 2021.
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The study segments the software defined radio market on the basis of application (defense, commercial, and homeland security), component (transmitter, receiver, and software), type (JTRS, cognitive/intelligent radio, TETRA), enduser (military, telecommunication, transportation) and map these segments and subsegments across major regions worldwide, namely, G7 Nations, BRICS, and RoW (Rest of the World). The report provides in-depth market intelligence regarding market dynamics and major factors that influence the growth of the global software defined radio market (drivers, restraints, opportunities, and industry-specific challenges), along with analyzing micro markets with respect to individual growth trends, future prospects, and their contribution to the software defined radio market.
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The defense segment dominates the software defined radio market. The global defense forces are investing heavily in new technologies to modernize their forces and determine the best technology that offers exceptional performance in the long run with lesser development cost.
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G7 Nations dominates the software defined radio market. The market in the region is mainly driven by the increasing demand for SDR across various sectors, such as military, public safety, and commercial.
BRICS is expected to exhibit the highest growth rate in the software defined radio market during the forecast period. This growth can be attributed to the growing global demand for military equipment, which is boosting the investments related to the retooling of the existing processes and expanding the technical capacities of the SDR market, particularly in Asia.
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Target Audience Include Software Defined Radio Market Report:
- Military and Defense Organizations
- Software Service Providers
- Subcomponent Manufacturers
- Original Equipment Manufacturers (OEMs)
- Technology Support Providers
- Communication Equipment Manufacturers
Get “Software Defined Radio Market” spread across 180 pages, profiling 12 companies and supported with 97 tables and 61 figures is now available at www.rnrmarketresearch.com/contacts…ount?rname=152307
Top 12 Companies Analyzed for Software Defined Radio Market are – Northrop Grumman Corporation (U.S.), BAE Systems Plc. (U.K.), Elbit Systems Ltd (Israel), Thales Group (France) ,and L-3 Communications Holdings, Inc. (U.S.), among others.
Fundamental Key Point from Table of Content:
Software Defined Radio Market, By Application
Software Defined Radio Market, By Component
Software Defined Radio Market, By Type
Joint Tactical Radio System (JTRS)
Terrestrial Trunked Radio (TETRA)
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Software Defined Radio Market, By End User
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