The software-defined radio market size is projected to grow from USD 11.4 billion in 2020 to USD 14.5 billion by 2025.

Posted December 6, 2021 by james4220

sdr Market by Platform (Land, Airborne, Naval, Space), Application (Defense, Commercial)

Market Overview
The global sdr Market is expected to reach a value of USD 28,241.4 million by 2023 at a CAGR of 8.34% during the forecast period of 2018 to 2023. A software defined radio is a type of radio transmission system where the transmission of data or information is carried out using the software on an embedded system or personal computer.
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Competitive Landscape
The key players in the global sdr Market include BAE Systems (UK), Elbit Systems (US), General Dynamics (US), Harris Corporation (US), Leonardo (Italy), Northrop Grumman Corporation (US), Collins Aerospace (US), Rohde & Schwarz (Germany), Thales Group (France), and Viasat, Inc. (US).

Market Segmentation
The global sdr Market has been segmented on the basis of component, frequency band, platform, and application.
Based on component, the global sdr Market has been divided into transmitter, receiver, software, and auxiliary system. The transmitter segment is expected to dominate the market with a valuation of USD 11,344.3 million in 2018 and reach USD 17,678.9 million by 2023. This growth can be attributed to the use of transmitters to generate and transmit electromagnetic waves carrying signals or messages. They also enable the broadcasting of large amounts of data over long distances by modulating the frequency. The receiver segment is expected to register a CAGR of 5.29% during the forecast period.

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Regional Analysis
The global sdr Market has been studied for five key regions—North America, Europe, Asia-Pacific, the Middle East, and Latin America.
North America is expected to lead the market with a valuation of USD 6,944.7 million in 2018 and the regional market is expected to reach USD 10,460.6 million by 2023 at CAGR of 8.54% during the forecast period. This growth can be attributed to the large-scale investments in advanced military equipment by the US Department of Defense.
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Last Updated December 6, 2021