Software Defined Radio Industry Overview
The global software defined radio market size was valued at USD 23.69 billion in 2021 and is anticipated to grow at a CAGR of 8.2% from 2022 to 2030. The demand for software defined radio systems is being driven by an increase in defense spending to upgrade defense communication systems. Furthermore, the worldwide software defined radio (SDR) market has seen significant growth due to the growing demand for communication equipment that is more flexible and software programmable. SDR is commonly used in space communication because it increases satellite performance and allows precise operation across several frequency bands.
Using SDR, users can receive signals from different mobile standards, including WiMAX and GSM. Mobile carriers are implementing SDRs to meet the increased demand for more incredible data speeds, requiring more hardware costs on the core network. By removing hardware limits, software defined radio systems enable improved connectivity options. Furthermore, SDR and Network Function Virtualization (NFV) are projected to play a significant role in integrating various communication technologies. Another aspect pushing the demand for software defined radio systems is that 5G radio access is based on SDR/NFV infrastructure.
Gather more insights about the market drivers, restrains and growth of the Global Software Defined Radio market
The market for software defined radio benefits from the growing use of IoT and wireless devices. Furthermore, demand for SDRs is expected to rise as the popularity of wireless sensor networks grows. A prominent trend in recent years has been an increase in the spectrum range available for wireless communications. The launch of the 3rd Generation Partnership Project (3GPP) under the telecoms organizational partnership calls for the rapid implementation of commercial wireless technology such as LTE and LTE-Advanced, which drives demand for SDRs. While LTE is now used at frequencies ranging from 450 MHz to 3.8 GHz, it is likely to reach 5 GHz in the near future. Furthermore, software defined radio is employed in radio frequency spectrum analyzers and global positioning systems, among other uses.
Recent changes in RF amplifier technology have resulted in advancements in cellular infrastructure technology. Smartphone designs now can include technologies like a surface acoustic wave (SAW) and bulk acoustic wave (BAW) (BAW). Due to reduced power filter requirements and constrained fractional bandwidth, the pricing component has also narrowed. The development of a software defined radio with hardware and software platform, which is costly, is a downside of employing software defined radio technology. The digital section's peak frequencies may be limited due to the analog to digital conversion.
The COVID-19 epidemic has wreaked havoc on global economic activity. The development of defined radio systems, sub-systems, and components have also contributed to this epidemic. Although software production, characterized by military radio broadcasting, is critical, disruptions in the supply chain have halted production at present. The resumption of production activities depends on the level of exposure to COVID-19, which is the level at which production operations are performed, keeping the export and import regulations in mind, among other factors. There might not be an adjustment to delivery schedules while companies still take orders. Although the pandemic has heavily impacted the market, it is expected to grow steadily due to technological advancements and rapid adaptation.
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Software Defined Radio Market Segmentation
Grand View Research has segmented the global software defined radio market on the basis of type, component, frequency band, platform, end-use, and region:
Software Defined Radio Type Outlook (Revenue, USD Million, 2018 - 2030)
- General Purpose Radio
- Joint Tactical Radio System
- Cognitive Radio
- TETRA
Software Defined Radio Component Outlook (Revenue, USD Million, 2018 - 2030)
- Hardware
- Antenna
- Transmitter
- Receiver
- Others
- Software
- Service
Software Defined Radio Platform Outlook (Revenue, USD Million, 2018 - 2030)
- Ground
- Naval
- Airborne
- Space
Software Defined Radio Frequency Band Outlook (Revenue, USD Million, 2018 - 2030)
- HF Band
- VHF Band
- UHF Band
- Others
Software Defined Radio End-use Outlook (Revenue, USD Million, 2018 - 2030)
- Aerospace Defense
- Space
- Military
- Telecommunication
- Public Safety
- Commercial
- Others
Software Defined Radio Region Outlook (Revenue, USD Million, 2018 - 2030)
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East Africa (MEA)
Key Companies profiled:
Following are some of the major players in the global software defined radio market:
- Collins Aerospace Systems
- Harris Corporation
- Elbit Systems Ltd.
- L3 Technologies, Inc.
- BAE Systems
- Huawei Technologies Co., Ltd.
- Datasoft Corporation
- Raytheon Company
- Northrop Grumman Corporation.
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