Global Software Defined Radio Market Size, Share, Forecast Report, 2020-2027

The report provides rational insights along with historical and forecast data to aid in better understanding of the Global Software Defined Radio Market. The report provides a comprehensive analysis of key factors that are expected to drive the growth of the Software Defined Radio market. This study also provides a detailed overview of the opportunities along with the current trends observed in the target market.

The global software defined radio market size was estimated at USD 20.4 billion in 2019 and is anticipated to witness a CAGR of 8.7% over the forecast period. Increase in defense expenditure to improve defense communication systems is a major factor driving the demand for software defined radio systems. In addition, the market for global software defined radio (SDR) has witnessed considerable growth owing to the increasing need for communication devices to be more flexible and software configurable. Moreover, SDR is widely adopted in space communication as improves the performance of the satellite and can operate across several frequency bands in a precise manner.

SDR enables users to receive signals from multiple mobile standards such as WiMAX and GSM. To fulfill the growing demand for higher data speed that require additional hardware expenses on core network, mobile operators are adopting SDRs.Software defined radio systems help improve connectivity solutions by eliminating hardware constraints. Moreover, SDR and Network Function Virtualization (NFV) are expected to play a major role in the integration of different communication technologies.The 5G radio access is based on SDR/NFV infrastructure, which is another factor driving the market for software defined radio systems.

The increasing penetration of IoT and wireless devices positive impact the market for software defined radio.In 2017, there were around 30 commercial deployments of NB-IoT and LTE-M in 20 countries, including U.S., China, and across Europe. The GSM Association estimates that till 2025, the number of IoT-connected devices would reach 3.1 billion globally, amounting for 12.0% of the total IoT connections globally. In addition, growing popularity of wireless sensor networks is anticipated to drive the demand for SDRs.

Increase in spectrum range for wireless communications is a major trend observed in recent years. The inception of 3rd Generation Partnership Project (3GPP) under the telecommunications organizational partnership calls for rapid deployment of LTE and LTE-Advanced commercial wireless technology, subsequently driving the demand for SDRs. While LTE technology is currently used between 450 MHz to 3.8 GHz, it is expected to cross 5 GHz in the near future. Moreover, software defined radio is used in applications such as radio frequency spectrum analyzers and global positioning systems.

Advancements in cellular infrastructure technology has undergone developments such as changes in RF amplifier technology. For instance, smartphone designs have potential for the implementation of technologies such as surface acoustic wave (SAW) and bulk acoustic wave (BAW). The pricing factor for these have also relatively narrowed due to low power filter requirements and confined fractional bandwidth. A disadvantage of using software defined radio technology is the development of a software defined radio with hardware and software platform, which is expensive. The conversion of analog to digital may also limit the top frequencies present in the digital section

The report covers major players operating in the market along with the key strategies implemented to achieve a competitive edge against a majority of the vendors which provides a competitive outlook of the industry. The competitive landscape further includes details about different players and their position on a global and a local level is also explained in detail in this compiled study. These insights were prepared through mapping business strategies and products that offer high revenue generation capacities. Key players of the global Software Defined Radio market are included as given below:

Key market players include Collins Aerospace Systems; Harris Corporation; Elbit Systems Ltd.; L3 Technologies, Inc.; BAE Systems; Huawei Technologies Co., Ltd.; Datasoft Corporation; Raytheon Company; and Northrop Grumman Corporation. Mergers, acquisitions, product launches, and collaborations are some strategies adopted by key players for business expansion. Moreover, space research organizations such as National Aeronautics and Space Administration (NASA) and European Space Agency (ESA) focus on the development of radiation hardened electronic components that can withstand high radiations, which are used for space signal transmission in software defined radio systems. For instance, NASA, in partnership with the Department of Defense (DoD), developed a radiation hardened general purpose processor for SDR in December 2016.

In April 2019, L3 Technologies, Inc. merged with Harris Corporation to create L3 Harris Technologies, Inc., a global defense technology company for emphasizing on developing mission critical solutions. Moreover, in April 2019, BAE Systems launched its SDR assembly for space applications that caters to the requirement of the U.S. Department of Defense

The global Software Defined Radio market has been segmented as below:

• Type 

  • General Purpose Radio

  • Joint Tactical Radio System

  • Cognitive Radio

  • TETRA

• Component 

  • Hardware

    • Antenna

    • Transmitter

    • Receiver

    • Others

  • Software

  • Service

• Frequency Band

  • HF Band

  • VHF Band

  • UHF Band

  • Others

• Platform 

  • Ground

  • Naval

  • Airborne

  • Space

• End-Use 

  • Aerospace & Defense

    • Space

    • Military

  • Telecommunication

  • Public Safety

  • Commercial

  • Others

• Global Software Defined Radio Market by Region
• North America
• Europe
• Asia Pacific
• Rest of the World

Reasons to Purchase this Report:

Estimates Software Defined Radio development trends with SWOT analysis

• Detailed business profiles including product offerings, recent developments, key financial information, and strategies employed by main market players
• Analysis of various regions and countries that includes the demand and supply based actions, which consequently have a major influence on the market’s expansion
• Market dynamics scenario, along with growth opportunities for players in the years to come
• Competitive landscape involving the market share of major players, along with the new projects and strategies adopted by players in the mentioned forecast period
• Market segmentation analysis including qualitative and quantitative research incorporating the impact of economic and policy aspects