Software Defined Radio Communication Market Report
Software Defined Radio Communication Market, by Type (General Purpose Radio, Joint Tactical Radio System, Cognitive Radio and TETRA), Component (RF Receiver/Transmitter, Amplifier, Software and Others), Application (Military Applications, Telecommunications and Others), Frequency Band (HF Band, VHF Band, UHF Band and Others), Regional Outlook (North America, Europe, Asia-Pacific, LAMEA): Global Opportunity Analysis and Industry Forecast, 2019–2027
Global Software Defined Radio Communication Market Overview 2027:
A software defined radio is the one which can be configured to any radio frequency standard with the help of a software. A software defined radio is a radio communication system where the components have typically implemented hardware like filters, mixers, detectors, amplifiers and modulators in software by computer or embedded system. Software defined radio provides software control of a variety of modulation techniques, narrowband operation, wideband, and security mechanism. The main benefits of the software defined radio devices are that they give freedom to the user to select the most appropriate air interface which can be used based on traffic, cost and channel condition. The software defined radios have significant utility for cell phone services with various features like unlimited global roaming, one service for many terminals and many more.
Increase in the adoption of software defined radio in telecommunication is predicted to drive the software defined radio communication market
Software defined radio is widely used in telecommunication to improve the performance of the network, which can be operated across various frequency bands in a precise manner to get better connectivity; this is predicted to be the major driving factor for the software defined radio communication market. Some of the better emerging technologies like networking, smart antenna, semiconductors, software, battery technology and signal processing are making software defined radio commercially and technically accurate which makes the telecom industry to adopt software defined radio. In addition, advancement in the integrated circuit technology is predicted to boost the software defined radio communication market in the forecast period. Moreover, in order to improve the defense communication system, defense in various countries have increased their expenditure to improvise their communication with the help of the software defined radio due to which it is predicted that the adoption of the software defined radio in defense sector will give boost to the overall market in the forecast period.
Cost involved in the installation of the software defined radio device is predicted to be major restraints for the market
There is a high cost involved in installing the software defined radio. The main disadvantage of using software defined radio technology is that software defined radio gets updated regularly and the development of software and hardware platform is very expensive. The price for all the instruments and devices involved while installing the software defined radio is predicted to hamper to the growth of the market in the forecast period.
Software Defined Radio Communication Market Segmentation, by Type:
Joint Tactical Radio System (JTRS) is predicted to be the most lucrative during the forecast period
Joint tactical radio system is predicted to grow at a faster pace in the forecast period. The demand for joint tactical radio system is accounted to grow with the adoption of joint tactical radio system in the military services. Joint tactical radio systems are intending to interoperate with the existing radio system and provide fighter planes with additional communication capability to access visual data & maps, communicate through video or voice with other units and different level of command, and obtain information from battlefield.
Software Defined Radio Communication Market, by Component:
Software component segment is foreseen to have high investment opportunities in the coming future
Software component segment is predicted to have a considerable growth due to their rise in the adoption in various industries to make their communication effective. Software in Software Defined Radio is used to define its function and specification. The algorithms used in the software defined radio communication are downloadable and adaptable in the lifespan of the software defined radio. The software in software defined radio enables the software to maintain flexibility and is ideal for defense industry.
Software Defined Radio Communication Market, by Application:
Telecommunication is predicted to boost to the overall market over the forecast period
Telecommunication is predicted to grow at a faster pace over the forecast period. The commercial network standard is continuously changing, which creates new opportunities to the vendor, operators, and subscribers to use the new services. For instance, if any new network standard is positioned then the subscriber has to buy new handset to get services according to the new standards and get benefits of the new services. The continuous advancement in the network standard such as 3G to 4G and 5G are predicted to drive the market for the telecommunication application.
Software Defined Radio Communication Market, by Frequency Band:
UHF frequency band is predicted to be the fastest growing band segment over the forecast period
Ultra high frequency (UHF) segment is predicted grow enormously over the forecast period. UHF has frequency between 300 megahertz and 3 Gigahertz and is mostly used in the television cellphones, broadcasting, and satellite communication. At present most of the bandwidth has been reallocated to trunked radio, mobile phone uses and land mobiles due to its portability and due to the fact that it can work under any climatic condition without any disturbance. Due to the abovementioned reason it is been predicted that UHF frequency band will boost the overall software defined radio communication market in the forecast period.
Software Defined Radio Communication Market, by Region:
Asia-Pacific is accounted to have the highest growth in the forecast period
North America region is predicted to dominate its share in the software defined radio communication market in the forecast period. The region is predicted to maintain its share due to the use of software defined radio communication in the defense sector owing to the research program and integration of all communication across the regions. Moreover, the rising fund by the government for the development of advanced version of communication system is predicted to drive the region for software defined radio communication market in the forecast period. Asia-Pacific is predicted to have the highest growth rate in the forecast period, as most of the developing countries across the region are increasingly adopting software defined radio communication to enhance their communication for information sharing and secure collaboration depending on the situation analysis; this is predicted to boost the software defined radio communication market for the region in the forecast period.
Key Participants in the Software Defined Radio Communication Market:
The major key players in the software defined radio communication market are ZTE Corporation, Elbit Systems Ltd., Rockwell Collins, Harris Corporation, BAE Systems, DataSoft Corporation, L3Harris Technologies, Inc., Northrop Grumman Corporation., Thales Group, and Aselsan among others.
Historical Market Estimations
Base Year for Market Estimation
Forecast timeline for Market Projection
North America, Europe, Asia-Pacific, LAMEA
Segmentation by Type
Segmentation by Component
Segmentation by Application
Segmentation by Frequency Band
Key Countries Covered
U.S., Canada, Mexico Germany, France, UK, Italy, Japan, China, India, South Korea, Australia, Latin America, Middle East, Africa
Key Companies Profiled
Q1. Which are the leading companies in the Software Defined Radio Communication Market?
A. Rockwell Collins and DataSoft Corporation are some of the key players in the Software Defined Radio Communication Market.
Q2. Which region possesses greater investment opportunities in the coming future?
A. Asia-Pacific possesses great investment opportunities for the investors to witness the most promising growth in the coming years.
Q3. What are the strategies opted by the leading players in this market?
A. Product development and collaboration are the key strategies opted by the operating companies in this rodless actuators market.
Q4. Which companies are investing more on R&D practices?
A. Rockwell Collins is the company investing more on R&D activities for developing new products and technologies.