Global Software Defined Radio (SDR) Market is Estimated to Reach $34 Billion by 2025, Says Accurize Market Research
Global software defined radio (SDR) market report published by Accurize Market Research forecast that the global market is expected to reach $34 billion by 2025; growing at a CAGR of 8.9% from 2017 to 2025. By geography, Asia Pacific and North America are expected to grow at a CAGR of XX% and XX%, respectively, during the forecast period.
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Technological developments in software defined radio and upsurge in military spending on strategic communicationacross the globe to drive the growth of the market
Technological developments in software defined radioand upsurge in military spending on strategic communication fuelsthe demand for the global software defined radio (SDR) market. Moreover,rising adoption of SDR in telecommunication also boosts the growth of the market.
Market Segmentation
The global software defined radio (SDR) market has been bifurcated on the basis of application, component, platform, frequency band and geography. On the basis of application, the software defined radio market is segmented into defense and commercial. On the basis of component, the software defined radio market is segmented into software, transmitter, receiver, and auxiliary system. On the basis of platform, the software defined radio market is segmented into land, airborne, naval, and space. On the basis of frequency band, the software defined radio market is segmented into VHF, UHF, HF, and other bands.
By geography the market is segmented into North America, Europe, Asia-Pacific and Rest of the World (RoW). The U.S. and Canada are countries under North America wherein Europe covers U.K, Germany, France and others. Asia-Pacific covers China, India, Japan, and rest of Asia-Pacific. RoW covers South America, Middle East and Africa.
Top players in the market
The key market players include Harris Corporation, Thales, General Dynamics,Northrop Grumman, BAE Systems, Rockwell Collins, Leonardo, ASELSAN and Elbit Systemsamong others.
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