Market Size in 2023 | Market Forecast in 2032 | CAGR (in %) | Base Year |
---|---|---|---|
USD 10.71 Billion | USD 15.92 Billion | 4.5% | 2023 |
The global Software Defined Radio (SDR) market size was worth around USD 10.71 billion in 2023 and is predicted to grow to around USD 15.92 billion by 2032 with a compound annual growth rate (CAGR) of roughly 4.5% between 2024 and 2032.
The study provides historical data from 2018 to 2022 along with a forecast from 2024 to 2032 based on revenue (USD billion). The report covers a forecast and an analysis of the Software Defined Radio (SDR) market on a global and regional level.
The radio market and the communication technologies have evolved greatly in the recent years owing to the development of the digital electronics. Though the term software defined radio is not new in the market but there have been huge developments in the software defined radio both in terms of technology and uses. SDR is nothing but a type of radio communication system where communication is done by using the software on the personal computer or the embedded system instead of implementation of the hardware such as amplifiers, detectors, modulators, filters, mixers, demodulators, and others.
The global software defined radio market is segmented into its application, component, end user, and type.
On the basis of the application, the global market is segregated into homeland security, defense, and commercial.
Based on the component, the market is categorized into a transmitter, software, and receiver.
By end user industries that use the software defined radio include telecommunication, transportation, military, positioning systems, and others.
On the basis of type, the market is divided into TETRA, JTRS, and cognitive/intelligent radio.
The embedded software that is used in the software defined radio (SDR) helps in selecting the communication channel dynamically coupled with SDR optimizing the information system that is tactical. The users that are using the digital services are increasing this in turn is increasing the adoption rate of the SDR. The major end user applications of the SDR include commercial, public safety, and military. The demand for the SDRs is going to increase in the future owing to its increased efficiency and cost effectiveness. The development of the SDR market from analog to digital has driven the SDR market growth. Based on the type, the JTRS segment has the largest market share in the global software defined radio market.
Report Attributes | Report Details |
---|---|
Report Name | Software Defined Radio Market |
Market Size in 2023 | USD 10.71 Billion |
Market Forecast in 2032 | USD 15.92 Billion |
Growth Rate | CAGR of 4.5% |
Number of Pages | 196 |
Key Companies Covered | Rockwell Collins Inc., BAE Systems Plc., Harris Corporation, FlexRadio Systems Inc., L-3 Communication Holdings Inc., ITT Corporation, Northrop Grumman Corporation, Thales Defense & Security Inc., Datasoft Corporation, and Raytheon Co |
Segments Covered | By application, By component, By end user, By type and By Region |
Regions Covered | North America, Europe, Asia Pacific (APAC), Latin America, Middle East, and Africa (MEA) |
Base Year | 2023 |
Historical Year | 2018 to 2022 |
Forecast Year | 2024 - 2032 |
Customization Scope | Avail customized purchase options to meet your exact research needs. Request For Customization |
Region-wise, the software defined radio market is diversified into Asia-Pacific, Europe, North America, and Rest of the World. Military modernization programs are developed in different regions such as India, Japan, South Korea, the US, and Germany. The main reason for this growth is the interoperability that is provided by the SDR. The regions that are the major consumers of the SDR are Canada, France, South Korea, Germany, Italy, the US, Japan, Brazil, and India.
The key market players in the software defined radio market include:
By Application
By Component
By End User
By Type
Global Software Defined Radio (SDR) Market: Regional Segment Analysis
What Report Provides
FrequentlyAsked Questions
Software Defined Radio (SDR) is a radio communication system where components traditionally implemented in hardware (such as mixers, filters, amplifiers, modulators/demodulators, detectors, etc.) are instead implemented by means of software on a personal computer or embedded system.
According to study, the Software Defined Radio (SDR) Market size was worth around USD 10.71 billion in 2023 and is predicted to grow to around USD 15.92 billion by 2032.
The CAGR value of Software Defined Radio (SDR) Market is expected to be around 4.5% during 2024-2032.
North America has been leading the Software Defined Radio (SDR) Market and is anticipated to continue on the dominant position in the years to come.
The Software Defined Radio (SDR) Market is led by players like Rockwell Collins Inc., BAE Systems Plc., Harris Corporation, FlexRadio Systems Inc., L-3 Communication Holdings Inc., ITT Corporation, Northrop Grumman Corporation, Thales Defense & Security Inc., Datasoft Corporation, and Raytheon Co.
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