Software Defined Radio (SDR) Market to reach a market size of $34.6 billion by 2025 - KBV Research

NEW YORK - April 6, 2020 - PRLog -- According to a new report Global Software Defined Radio (SDR) Market, published by KBV Research, The Global Software Defined Radio (SDR) Market size is expected to reach $34.6 billion by 2025, rising at a market growth of 9.3% CAGR during the forecast period. The increasing innovations and advancements in radio communication systems have given rise to software-defined radios that have provided relevant information about the battlefield to the military forces significantly. The software-defined radios are the ones in which all the functions of the physical layer are software-defined, as stated by the International Telecommunication Union (ITU).

In 2018 the market was dominated by the JTRS segment. The technology is primarily used in the defense forces as it includes pre-emptive multi-mode/multi-band radio sets that allow the warfighter to communicate voice and data simultaneously. An open system architecture that is based on the Software Communications Architecture 4.0 (SCA) is an essential component of JTRS.

Hardware maintains a dominant market position and accounted for the largest share of revenue in 2018 due to the increasing popularity of portable SDRs. Hardware segment growth can be associated with the convergence of analog and digital single-chip technology, which is a major factor leading to weight and size reduction. Software components are anticipated to form as the fastest growing segment over the forecast period because of their progressive use in commercial applications.

Global Software Defined Radio (SDR) Market Segmentation

By Component

• Hardware
• Software
• Services

By Application

• Aerospace & Defense
• Telecommunication
• Public Safety
• Commercial
• Others

By Service Vertical

• Joint Tactical Radio System
• Cognitive Radio
• General Purpose Radio
• Others

By Geography

North America

• US
• Canada
• Mexico
• Rest of North America

Europe

• Germany
• UK
• France
• Russia
• Spain
• Italy
• Rest of Europe

Asia Pacific

• China
• Japan
• India
• South Korea
• Singapore
• Malaysia
• Rest of Asia Pacific

LAMEA

• Brazil
• Argentina
• UAE
• Saudi Arabia
• South Africa
• Nigeria
• Rest of LAMEA

Companies Profiled

• Analog Devices, Inc.
• Huawei Technologies Co., Ltd. (Huawei Investment & Holding Co., Ltd.)
• L3Harris Technologies, Inc.
• Elbit Systems Ltd.
• BAE Systems PLC
• United Technologies Corporation (Rockwell Collins, Inc.)
• Thales Group S.A.
• Leonardo SpA
• National Instruments Corporation
• General Dynamics Corporation
• Rohde & Schwarz GmbH & Co. KG

Structural Insights: https://www.kbvresearch.com/software-defined-radio-market/