DUBLIN--(BUSINESS WIRE)--Research and Markets has announced the addition of the "Software Defined Radio Market by Application (Defense, Commercial, Homeland Security), Component (Software, Transmitter, Receiver), End User (Military, Transportation), Type (JTRS, Cognitive/Intelligent Radio, TETRA) - Global Forecast to 2021" report to their offering.
The software defined radio market is estimated to be USD 16.24 billion in 2016, and is projected to reach USD 29.12 billion by 2021, at a CAGR of 12.39% between 2016 and 2021. Demand for advanced communication systems to replace legacy equipment, network interoperability, compatibility of devices with future standards, universal connectivity, and reduced cost of end products and services are some the major factors driving the software defined radio market. However, high development cost and integration issues have been restraining the market growth.
The defense segment dominates the software defined radio market. The global defense forces are investing heavily in new technologies to modernize their forces and determine the best technology that offers exceptional performance in the long run with lesser development cost.
G7 Nations dominates the software defined radio market. The market in the region is mainly driven by the increasing demand for SDR across various sectors, such as military, public safety, and commercial. BRICS is expected to exhibit the highest growth rate in the software defined radio market during the forecast period.
- BAE Systems PLC.
- Datasoft Corporation
- Elbit Systems Ltd.
- Harris Corporation
- L-3 Communications Holdings, Inc.
- Northrop Grumman Corporation
- Raytheon Company
- Rohde & Schwarz
- Thales Group
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Market Overview
6 Industry Trends
7 Software Defined Radio Market, By Application
8 Software Defined Radio Market, By Component
9 Software Defined Radio Market, By Type
10 Software Defined Radio Market, By End User
11 Regional Analysis
12 Competitive Landscape
13 Company Profiles
For more information about this report visit http://www.researchandmarkets.com/research/w9z9tv/software_defined