Zion Market Research, the market research group announced the analysis report titled 'Software Defined Radio (SDR) Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecasts 2016–2024'
Sarasota, FL -- (SBWIRE) -- 07/13/2018 -- Global Software Defined Radio (SDR) Market: Overview
The radio market and the communication technologies have evolved greatly in the recent years owing to the development of the digital electronics. Though the term software defined radio is not new in the market but there have been huge developments in the software defined radio both in terms of technology and uses. SDR is nothing but a type of radio communication system where communication is done by using the software on the personal computer or the embedded system instead of implementation of the hardware such as amplifiers, detectors, modulators, filters, mixers, demodulators, and others.
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Global Software Defined Radio (SDR) Market: Segmentation
The global software defined radio market is segmented into its application, component, end user, and type. On the basis of the application, the global market is segregated into homeland security, defense, and commercial. Based on the component, the market is categorized into a transmitter, software, and receiver. The different end user industries that use the software defined radio include telecommunication, transportation, military, positioning systems, and others. On the basis of type, the market is divided into TETRA, JTRS, and cognitive/intelligent radio.
Global Software Defined Radio (SDR) Market: Growth Factors
The embedded software that is used in the software defined radio (SDR) helps in selecting the communication channel dynamically coupled with SDR optimizing the information system that is tactical. The users that are using the digital services are increasing this in turn is increasing the adoption rate of the SDR. The major end user applications of the SDR include commercial, public safety, and military. The demand for the SDRs is going to increase in the future owing to its increased efficiency and cost effectiveness. The development of the SDR market from analog to digital has driven the SDR market growth. Based on the type, the JTRS segment has the largest market share in the global software defined radio market.
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Global Software Defined Radio (SDR) Market: Regional Analysis
Region-wise, the software defined radio market is diversified into Asia-Pacific, Europe, North America, and Rest of the World. Military modernization programs are developed in different regions such as India, Japan, South Korea, the US, and Germany. The main reason for this growth is the interoperability that is provided by the SDR. The regions that are the major consumers of the SDR are Canada, France, South Korea, Germany, Italy, the US, Japan, Brazil, and India.
Global Software Defined Radio (SDR) Market: Competitive Players
The key market players in the software defined radio market include Rockwell Collins Inc., BAE Systems Plc., Harris Corporation, FlexRadio Systems Inc., L-3 Communication Holdings Inc., ITT Corporation, Northrop Grumman Corporation, Thales Defense & Security Inc., Datasoft Corporation, and Raytheon Co.
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