The Global Software Defined Radio Market is estimated to reach USD 21.5 Billion by 2024 at a CAGR of 8.5%, says forencis research (FSR).
Software Defined Radio (SDR) also known as software radio is a system used for transmitting information wirelessly by means of electromagnetic radiations. Based on software-defined radio wireless communication protocol, it uses software on embedded or computer systems instead of using hardware components. One of the major advantages of SDR is that it can be easily reprogrammed and reconfigured through software which helps to configure radio according to the requirement of end-users. Software defined radio is cost-effective technology with various advantages such as the reduction in development cost, time and cost of maintenance & operations, along with automatic software up-gradation amongst others.
Market Drivers:
In recent years’ software defined radio has been advanced significantly owing to the need for advancement form various end-use industries. Advancement in hardware states that cost has been reduced while rising the performance level, which provides better access to the system to the end-users. Moreover, as the system is been manufactured on the basis of software, the development cost is been reduced. In addition to this, bug fixing in the system is done when the radio is in service, which in turn helps to reduce the cost of operation and maintenance. Furthermore, the software up-gradation is automatically done and new features are ben added. Thus, lower production cost with higher performance has surged the growth of product market.
Military communication is dependent on clarity, adaptability, and speed. The discrepancy in any form of military communication will have dire consequences. The military has been using software defined radio technology for enabling reuse of hardware and updating signal waveform as required. Software defined radio not only provide standard two-way communication but also offers wireless nodes, provides low latency point to point wireless links, and engages the different number of the device. Owing to these features, military sectors are investing in the development of software defined radio which may drive the growth of the market.
Market Challenges:
Technological advancement helps to improve the capabilities of software defined radio by ensuring connectivity in various territories which contributes towards situational awareness. The use of different technologies such as satellite communications, cellular, tactical radios, Voice over Internet Protocol (VoIP), time-division multiplexing (TDM), and amongst others has led to compatibility issues. Thus, the use of different types of modems has led to interoperability issues, which is projected to hamper the market growth.
The report on the Software Defined Radio Market covers a deep dive analysis of historic, recent and current market trends. Furthermore, market share/ranking analysis of key players, market dynamics, competition landscape, country wise analysis for each region covered and the entire supply chain dynamics are covered through the below segmentation.
Report Features |
Specifics |
Historical/Estimated/Forecasted Market Size Years |
2017-2024 |
Base Year for Market Calculation |
2018 |
Forecasted Period |
2019-2024 (2019 estimated year, forecasted up to 2024) |
Measured Units |
Value (USD Million) |
Segments Included |
Type, Component, Platform, Application, and Region |
Regional Coverage |
Asia-Pacific, North America, Europe, Middle East & Africa, and South America |
For the scope of report, In-depth segmentation is offered by Forencis Research
Software Defined Radio Market, by Type
Software Defined Radio Market, by Component
Software Defined Radio Market, by Platform
Software Defined Radio Market, by Application
Software Defined Radio Market, by Region
1 INTRODUCTION
1.1 Research Objectives
1.2 Market Definition
1.3 Research Scope
1.4 Regional Coverage
1.5 Research Timeline
1.6 Assumptions
1.7 Limitations
2 RESEARCH DESIGN & SCOPE
2.1 Introduction
2.2 Primary Research
2.2.1 Key Industry Expert Insight
2.3 Secondary Research
2.3.1 Vital Data from Secondary Sources
2.4 Market Size Estimation
2.5 Data Validation & Triangulation
3 EXECUTIVE SUMMARY
4 MARKET DYNAMICS
4.1 Introduction
4.2 Drivers
4.2.1. Lower Production Cost and High Performance
4.2.2. Increasing Military Spending on Communication.
4.3 Restraints
4.3.1. Security Issues with Software Defined Radio
4.4 Opportunities
4.4.1. Increase in Demand for Next Generation IP System
4.5 Challenges
4.5.1 To Ensure Interoperability of Different Communication Technologies
5 INDUSTRY TRENDS – PORTERS FIVE FORCES ANALYSIS
5.1 Introduction
5.1.1. Power of Buyers
5.1.2. Power of Suppliers
5.1.3. Intensity of Competition
5.1.4. Challenges of Substitutes
5.1.5. Challenges of New Entrants
5.2 Macro-Economic Indicators
6 SOFTWARE DEFINED RADIO MARKET BY TYPE, Market Size in USD Million (2017—2024)
6.1 Introduction
6.2 Joint Tactical Radio System (JTRS)
6.3 Cognitive Radio
6.4 Terrestrial Trunked Radio (TETRA)
6.5 General Purpose Radio
7 SOFTWARE DEFINED RADIO MARKET BY COMPONENT, Market Size in USD Million (2017—2024)
7.1 Introduction
7.2 Software
7.3 Transmitter
7.4 Receiver
7.5 Others
8 SOFTWARE DEFINED RADIO MARKET BY PLATFORM, Market Size in USD Million (2017—2024)
8.1 Introduction
8.2 Land
8.3 Airborne
8.4 Space
8.5 Naval
9 SOFTWARE DEFINED RADIO MARKET BY APPLICATION, Market Size in USD Million (2017—2024)
9.1 Introduction
9.2 Military
9.3 Space Communication
9.4 Telecommunication
9.5 Research & Development
9.6 Amateur Radio
9.7 Others
10 SOFTWARE DEFINED RADIO MARKET BY REGION, Market Size in USD Million (2017—2024)
10.1 North America
8.1.1. US
8.1.2. Canada
8.1.3. Mexico
10.2 Europe
8.2.1. Germany
8.2.2. France
8.2.3. Italy
8.2.4. UK
8.2.5. Spain
8.2.6. The Netherlands
8.2.7. Rest of Europe
10.3 Asia-Pacific
8.3.1. China
8.3.2. Japan
8.3.3. India
8.3.4. South Korea
8.3.5. Taiwan
8.3.6. Rest of Asia-Pacific
10.4 Middle East & Africa
8.4.1. Saudi Arabia
8.4.2. UAE
8.4.3. Rest of Middle East
10.5 South America
8.5.1. Brazil
8.5.2. Argentina
8.5.3. Rest of South America
11 COMPETITIVE LANDSCAPE
11.1 Introduction
11.2 Market Ranking/Share Analysis of Key Companies
11.3 Company Benchmarking
12 COMPANY PROFILES
12.1 BAE Systems
12.1.1 Company Overview
12.1.2 Financial Overview
12.1.3 Products/Solutions/Services Offered
12.1.4 Key Developments
12.1.5 SWOT Analysis
12.2 National Instruments
12.3 Northrop Grumman
12.4 Harris Corporation
12.5 Thales
12.6 Leonardo
12.7 Rohde and Schwarz
12.8 Elbit Systems
12.9 ZTE Corporation
12.10 Datasoft Corporation
12.11 Other Key Companies
13 APPENDIX
13.1 Key Industry Expert Insights
13.2 Primary Discussion Guide
13.3 Customization Options
Note1: Tentative table of contents, may get updated during the course of research.
Note2: Company financial information is subject to availability in public domain