Software Defined Radio Market Size, Trends, Shares, and Forecast - 2031

MARKET OVERVIEW

Software defined radio (SDR), also called as Software Radio, is a kind of device which wirelessly transmits and receives signals via radio frequencies. Software-defined radios are significantly used in cell phone services, which must serve a wide variety of changing radio protocols in real time. Software-defined radio is presently used to implement simple radio modem technologies. In the coming future, SDR is expected to become the dominant technology in radio communications.

MARKET SCOPE

The "Global Software Defined Radio Market Analysis to 2031" is a specialized and in-depth study of the food and beverages industry with a special focus on the global market trend analysis. The report aims to provide an overview of the software defined radio market with detailed market segmentation by type, category, distribution channel, and geography. The report provides key statistics on the market status of the leading software defined radio market players and offers key trends and opportunities in the market.

MARKET SEGMENTATION

•   Based on component, the global software based radio market is segmented into software, receiver, transmitter, auxiliary system.
  
•   On the basis of range of frequency, the market is segmented into very high frequenct, high frequenct, ultra-high frequency and others.
  
•   Based on platform, the market is bifurcated into land, airborne, waterborne, space.
  
•   Based on end user, the market can be segmented into commercial and defense.
  

MARKET DYNAMICS

Drivers:

•   growth in the adoption and implementation of SDR in telecommunication sector
  
•   increase in the expenditure amount to opt for tactical communication
  
•   rising demand for advance software defined radios in varied industries and homeland security
  

Restraints

•   Software defined radio systems consumes high power
  

REGIONAL FRAMEWORK

The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global market based on various segments. It also provides market size and forecast estimates from the year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), the Middle East and Africa (MEA), and South America. The software based radio market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.

The report analyzes factors affecting the market from both demand and supply side and further evaluates market dynamics affecting the marketduring the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the software defined radio market in these regions.

IMPACT OF COVID-19 ON SOFTWARE DEFINED RADIO MARKET

Several segments of the market have witnessed a disruption in operations due to gap in supply and demand caused by COVID-19. However, with the rising emphasis on social distancing as an effective means of curbing the rapid spread of the pandemic, many individuals, institutions, and telecommunications has proven to be a successful technology for effective service continuity in order to reduce the economic losses. This has put enormous pressure on players dealing with both fixed and mobile networks. Since software defined radio is one of the emerging key components of telecommunication technology, the market is experience a gradually reemergence in the global scenario post COVID-19.

MARKET PLAYERS

The report covers key developments in the software based radio market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the marketwere acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from software based radio market are anticipated to lucrative growth opportunities in the future with the rising demand for software based radio in the global market.

The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the software based radio market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.

•   ASELSAN A.S,
  
•   BAE Systems
  
•   Collins Aerospace
  
•   DataSoft Corporation
  
•   Elbit Systems Ltd
  
•   General Dynamics
  
•   L3Harris Technologies Corporation
  
•   Leonardo S.p.A.
  
•   Thales Group
  
•   Space Micro Inc.
  
  

The Insight Partner’s dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.

Software Defined Radio Report Scope