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Software Defined Radio Market Trends

  • Report ID: GMI8856
  • Published Date: Apr 2024
  • Report Format: PDF

Software Defined Radio Market Trends

The surge in deployments, driven by technological advancements and evolving communication standards will also contribute to the industry growth. With the increasing demand for flexible and adaptable radio systems, SDR solutions are becoming indispensable across various industries, including telecommunications, defense, and public safety. Companies like Ettus Research, Elbit Systems, and Harris Corporation are also pioneering the development of SDR technologies, pushing the boundaries of software-defined communications. Rising applications in IoT, 5G, and autonomous vehicles, and with companies capitalizing on emerging opportunities, the SDR industry will record significant momentum. To cite an instance, in February 2024, Inntot Technologies, a pioneering provider of software-defined radio and in-cabin audio technology solutions, celebrated a significant milestone of surpassing half a million deployments within the automotive sector.
 

Service providers are also offering expertise in software development, waveform design, and hardware optimization for enabling seamless integration of SDR solutions into existing infrastructure. Moreover, tailored consulting services aid in identifying optimal SDR configurations to meet specific operational requirements, fostering efficiency and performance. The strong emphasis on post-sales support, including troubleshooting and upgrades is also enhancing customer satisfaction and ensuring long-term reliability, adding to the market growth.
 

Authors: Preeti Wadhwani

Frequently Asked Questions (FAQ) :

Industry size for software defined radio was valued at USD 16.2 billion in 2023 and is estimated to witness over 6% CAGR between 2024 and 2032, with businesses increasingly seeking specialized services encompassing system integration, customization, training, and maintenance.

The airborne platform segment accounted for 27.7% of the software defined radio market share in 2023, due to increasing demand for advanced communication systems in military and commercial aircraft.

North America recorded 34% of the global market share in 2023, owing to the presence of robust defense sector, coupled with advancements in communication technologies

Some of the prominent software defined radio firms include Harris Corporation, Rohde & Schwarz, Thales Group, Collins Aerospace, BAE Systems, General Dynamics Mission Systems, Elbit Systems, Leonardo S.p.A., and Northrop Grumman Corporation

Software Defined Radio Market Scope

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Premium Report Details

  • Base Year: 2023
  • Companies covered: 20
  • Tables & Figures: 300
  • Countries covered: 25
  • Pages: 250
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