The global Software Defined Radio Market size is expected to reach USD 39.6 billion by 2027, registering a CAGR of 8.7% from 2020 to 2027, according to a new report by Grand View Research, Inc. Software defined radio (SDR) continues to evolve technologically as it helps in the transmission and reception of long-range signals with high frequency. It provides advantages while addressing issues pertaining to the limitations of spectrum and wireless communications. Moreover, technologies have matured, which are now enabling software defined radio implementations that have wide bandwidth applications delivering high-quality services. Military modernization activities carried out in several countries such as U.S., Japan, Germany, South Korea, and Australia with a focus on enhancing their communication systems are expected to drive the SDR market growth over the forecast period.
It is projected that SDR would act as a
base technology for the delivery of telecommunication services such as digital
TV, radio broadcasts, and video streaming channels in the near future. SDR
comes in two forms—modulation and flexible frequency range, and waveform and
agile frequency range. The former is commonly implemented since it does not
require any alteration to the hardware. For instance, modern mobile wireless
systems are generally implemented under this pattern. The frequency selection
generally needs a carrier frequency under the required range, which is normally
achieved through a local oscillator. Moreover, SDR is increasingly being adopted
for carrying out 5G mobile network trials in the spectrum band of 3.5 GHz and
25 GHz, which is anticipated to provide lucrative opportunities to market
players.
Rising demand for efficient transmission
devices influences SDR applications. The commercial growth of software defined
radio is driven by the re-configurability and interoperability of SDR for
different applications. The Europe market is projected to grow at a significant
rate, and would primarily be driven by the increasing need for data centers to
fix issues pertaining to data flow. The software defined radio market is
flourishing due to an increase in LTE/4G and wireless services offered by
telecom companies. Extensive spending on R&D activities in countries such
as Australia, Russia, and U.S. is more likely to result in efficient services
offered by key players through the forecast period.
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Further key
findings from the report suggest:
- Cognitive radio is projected to emerge as the fastest-growing
segment over the forecast period as it is used in applications such as
location tracking, spectrum sensing, and spectrum allocation
- Software is expected to register the highest CAGR over the forecast
period. This is attributed to the increasing adoption of SDR in software
radio access networks (RAN), which consists of a single hardware platform
that supports multiple wireless communication standards and protocols
- Ground-based SDR systems are witnessing a surge in demand owing to
the implementation of ground station receiver with Single Antenna
Interference Cancellation (SAIC) technique
- UHF band frequency segment is expected to register a significant
CAGR over the forecast period owing to its increasing usage in aerospace
and satellite communications
- Commercial is anticipated to emerge as the fastest-growing end use
segment owing to the adoption of SDRs in health monitoring systems such as
Wireless Body Area Networks (WBAN)
- The Asia Pacific market is anticipated to witness significant
growth owing to the adoption of SDRs by government agencies for the
development of communication networks such as Government Radio Network
(GRN) by the Chinese government in the city of Beijing
- The key players in the software defined radio market
include Collins Aerospace Systems; Harris Corporation; Elbit Systems
Ltd.; L3 Technologies, Inc.; BAE Systems; Huawei Technologies Co., Ltd.;
Datasoft Corporation; Raytheon Company; and Northrop Grumman Corporation.
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