Software Defined Radio (SDR) Market Overview
The Software Defined Radio (SDR) Market research report is a point-by-point investigation of the Software Defined Radio (SDR) Market that represents considerable authority in recognizing the development capability of the global Software Defined Radio (SDR) Market and potential opportunities in the market. Secondary information comes from government distributions, master interviews, audits, studies, and confided in journals. The data recorded in the report range ten years, trailed by a methodical audit to lead a top-to-bottom investigation of the Software Defined Radio (SDR) Market. Moreover, the report covers a broad examination of the key market players in the market, alongside their business outline, development plans, and procedures.
Software Defined Radio (SDR) Market by Platform (Land, Airborne, Naval, Space), Application (Defense, Commercial), Type (General Purpose Radios, Cognitive/Intelligent Radio, Terrestrial Trunked Radio), Frequency Band, Component and Geography (North America, Europe, Asia-Pacific, Middle East and Africa and South America)
Global Software Defined Radio Market value is anticipated to reach USD 5.7 billion in 2021 growing at a CAGR of 7.8% during the forecasting period, 2021-2028.
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An SDR radio or software-defined radio system is a radio design where all the components are joined together with the help of software and not by the conventional method of hardware. These softwares are embedded on a personal computer or a system. An SDR has properties of signal bandwidth, modulation, etc. With advancing technology a modern SDR can easily contrivance other features of forwarding error correction coding, source coding of voice, data, software all of them. SDRs are assisting engineers in solving numerous difficulties in the T&M business due to their flexibility, programmability, intrinsic capacity of dealing with many channels, and high performance. Capturing enormous instantaneous bandwidths, for example, is required in numerous T&M applications, but it is extremely difficult to execute in traditional RF systems, particularly when working with high frequencies (e.g., millimeter-wave). SDRs outperform conventional systems in bandwidth capturing because to their software-based signal processing and low latency, while also enabling more flexibility due to their large tuning range.
Government officials are involved in strategic investments and corporate partnerships to supply fresh SDRs. For example, Collins Aerospace, a Raytheon Technologies Corporation firm, obtained a contract for about USD 406 million from the US Army in February 2019 for the acquisition of the ARC-231A radio system. Contracts and agreements of this nature will encourage the use of new SDR products in the communication system industry. Growing use of software-defined radios in telecommunications, as well as different technological advancements in SDRs Because of the increased need for more flexible and software-programmable communication equipment, the software-defined radio (SDR) industry has grown worldwide significantly.
Rising trends for software-defined radios in essential communication systems used for important missions in the space and aerospace industries will drive market expansion. Because it improves satellite performance and permits accurate operation across several frequency bands, SDR is widely utilised in space communication.
As per software defined radio market report, the primary applications demonstrating increased demand for various types of software-defined radios are military communication and homeland security and emergency management. According to a new analysis from the Stockholm International Peace Research Institute, global military spending would reach USD 1981 billion in 2020, up 2.6% from 2019. Law enforcement agencies are collaborating with extra troops to ensure proper law and order, which is supporting the growth of global demand for software-defined radios in military applications. Earlier radios were bulky and large (in weight and size), and hence did not match the mobility needs of troops stationed in rough terrain. These mobility-related requirements, as well as the implementation of communication concepts, have contributed to the demand for lighter and more agile SDR systems.
In our software-defined radio market analysis, we find that the increased usage of IoT and wireless devices favours the software-defined radio business. Furthermore, as wireless sensor networks become mainstream, demand for SDRs is projected to surge. In recent years, there has been a noticeable rise in the spectrum range accessible for wireless communications. The introduction of the telecommunications organisation partnership's 3rd Generation Partnership Project (3GPP) calls for the quick adoption of commercial cellular technologies such as LTE and LTE-Advanced, which stimulates demand for SDRs. LTE is now utilised at frequencies ranging from 450 MHz to 3.8 GHz, although it is expected to reach 5 GHz in the near future. Furthermore, radio frequency spectrum analyzers and global positioning systems use software-defined radio.
The pandemic has also had an influence on the production of software defined radio systems, subsystems, and components. Although the production of software defined radios for military purposes is critical, supply chain issues have temporarily halted production. Some enterprises in non-hotspot nations have resumed limited operations in accordance with official safety recommendations.
When installing or loading new software in an SDR unit through an over-the-air update, the risk of a security compromise is considerable. Unauthorized and potentially harmful software is very likely to be installed on the selected platform. Concerns about unlicensed codes limit market expansion due to the risk of compromising the security of users' assets as well as dangers to the communication capabilities of the devices.
Companies are working on expanding their profitability by providing consumers with a diverse selection of modern IP radio systems, owing to their growing global demand. Sales of such goods will also deliver new or improved services to the networking sector while lowering transaction costs and improving the end-user experience.
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The use of different technologies, including time-division multiplexing (TDM), voice over internet protocol (VoIP), satellite communications, cryptographic devices, tactical radios, cellular, SCIP, Wi-Fi, and WiMAX, has resulted in a number of compatibility problems. The installation of multiple types of modems in a communication network has also resulted in interoperability challenges due to protocol variations when suppliers add their particular value-added protocols based on mission requirements. Several Army Warfighter Information Network-Tactical (WIN-T) units and combat support divisions purchase such modems and related items to match their platforms or architectures. Variability in network infrastructure can also be a hindrance due to the difficulty of distinct protocols communicating with one another.
Software Defined Radio (SDR) Market Key Findings
· Global Software Defined Radio Market is segmented into Platform, Application, Type, Frequency Band, Component, and geography.
· Platform segment is segmented into Land, Airborne, Naval, and Space
· Application segment is segmented into Defence, Commercial
· Type segment is segmented into General Purpose Radios, Cognitive/Intelligent Radio, and Terrestrial Trunked Radio
· Frequency segment is segmented High Frequency (HF), Very High Frequency (VHF), Ultra High Frequency (VHF), and Others
· Component segment is segmented into Hardware, Software & Services
· Geographically, Global Software Defined Radio Market is sub-segmented into North America, Europe, Asia-Pacific, Middle East and Africa, and, South America and insights are provided for each region and major countries within the regions
Software Defined Radio (SDR) Market Competitive Landscape
Key players in Global Software Defined Radio Market are
· L3harris Technologies, Inc. (US)
· Raytheon Technologies Corporation (US)
· BAE Systems (UK)
· Northrop Grumman Corporation (US)
· Thales (France)
· Elbit Systems (Israel) Ltd among others.
Reasons to Acquire Software Defined Radio (SDR) Market Report
· Increase your understanding of the market for identifying the best and suitable strategies and decisions on the basis of sales or revenue fluctuations in terms of volume and value, distribution chain analysis, market trends, and factors
· Gain authentic and granular data access for the Global Software Defined Radio Market so as to understand the trends and the factors involved behind changing market situations
· Qualitative and quantitative data utilization to discover arrays of future growth from the market trends of leaders to market visionaries and then recognize the significant areas to compete in the future
· In-depth analysis of the changing trends of the market by visualizing the historic and forecast year growth patterns
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The satellite industry is a significant capital intensive market involving massive costs in the development and launch of a satellite.
Besides, owing to the demand from end-users to averse operational risk and the consumer preferences toward proven technology, the operators have been further induced to provide quality services.
This has led to a shift from conventional rigid processes toward greater flexibility in manufacturing, designing, and launching processes.For Complete Report Overview: https://bisresearch.com/industry-report/software-defined-radio-market.htmlTechnological innovation with high throughput satellite (HTS), small satellites, electric propulsion systems, autonomous platforms, and advanced electronic components such as field-programmable gate arrays (FPGAs) and microprocessors have been revolutionizing the space industry.
The next big leap is the emergence of software-defined satellites, which provide a dynamic platform to reconfigure the satellites while in-orbit.
Such technology, due to advancement in payload electronics and inclusion of artificial intelligence and machine learning in architecture, is promising an era of digital space communication.The era of flexible satellites started with the inclusion of software-defined radios (SDRs) and HTS, which provided optimum utilization of frequency.
At this point, the market is rapidly evolving with the development of fully reconfigurable satellites, which can offer flexibility in frequency, power, bandwidth, and coverage.
