SDR market to grow in spite of pandemic
A market research report by MarketsandMarkets™ estimates that the Software Defined Radio (SDR) market size is projected to grow from USD 11.4 billion in 2020 to USD 14.5 billion by 2025, at a CAGR of 4.9% from 2020 to 2025. Growth is being driven by the rising adoption of SDRs in telecommunications as well as numerous advances ion SDR technology. The increasing demand for software defined radios in advanced communication systems utilized for important missions in the aerospace sector will further escalate the market growth.
Due to precautionary measures undertaken by many countries to stop the spread of COVID-19, several public/private development activities have been stopped, resulting in a drop in demand for software defined radios. The demand for software defined radios in Europe and the Asia Pacific has been affected by the pandemic owing to the stoppage of development activities.
In terms of application, the market is segregated into commercial and defense. The rising usage of SDRs in commercial applications including aviation communication, marine communication, transportation, telecommunication is supporting the segment growth. Software defined radios are predominantly used in Air Traffic Control (ATC), transportation, and telecommunication applications. They are easily upgradable and provide high data transmission rate that further enhances its usage for commercial segment.
The report breaks the market down by type into General Purpose Radio, Joint Tactical Radio System (JTRS), Cognitive/Intelligent Radio and Terrestrial Trunked Radio (TETRA). The major benefits of cognitive radio with SDR include the optimized use of spectrum, interoperability, and ability to reconfigure networks to meet current needs and reach hidden frequency nodes. In the coming years, the application of cognitive radios is expected to rise exponentially across various industry verticals. Technological advancements, optimized spectrum utilization, and the increasing adoption of 5G technology are some of the major driving factors for the market growth.
North America is estimated to account for the major share of the software defined radio market in 2020. The market in this region is projected to register highest CAGR during the forecast period. North American companies are investing in various software defined radio systems to provide secure communication to different armed forces. Software defined radio systems provide ease of data sharing between different armed forces and better operational planning and execution in a network-centric warfare environment.
Further reading
E-band link in Russia longest achieved at 51km
5G field trial for broadcast transmission kicks off in Bavaria
Software defined radio enables reliable low-latency V2X, IIoT
Software defined radio for sub-THz systems enables 6G testbed
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