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Software Defined Radio (SDR) - Global Market Trajectory & Analytics

  • ID: 2255358
  • Report
  • May 2021
  • Region: Global
  • 573 Pages
  • Global Industry Analysts, Inc

FEATURED COMPANIES

  • BAE Systems PLC
  • Collins Aerospace
  • Datasoft Corporation
  • Elbit Systems Ltd.
  • Epiq Solutions, LLC
  • Ettus Research

Global Software Defined Radio (SDR) Market to Reach $24.9 Billion by 2027


Amid the COVID-19 crisis, the global market for Software Defined Radio (SDR) estimated at US$18.5 Billion in the year 2020, is projected to reach a revised size of US$24.9 Billion by 2027, growing at a CAGR of 4.4% over the analysis period 2020-2027. Receiver, one of the segments analyzed in the report, is projected to record a 3.4% CAGR and reach US$4.3 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Transmitter segment is readjusted to a revised 2.8% CAGR for the next 7-year period.

The U.S. Market is Estimated at $9.5 Billion, While China is Forecast to Grow at 6.5% CAGR


The Software Defined Radio (SDR) market in the U.S. is estimated at US$9.5 Billion in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$1 Billion by the year 2027 trailing a CAGR of 6.5% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 3.6% and 4.4% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 4.3% CAGR.

Other Hardware Segment to Record 4.2% CAGR


In the global Other Hardware segment, USA, Canada, Japan, China and Europe will drive the 4% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$2.1 Billion in the year 2020 will reach a projected size of US$2.8 Billion by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$702.3 Million by the year 2027, while Latin America will expand at a 5.1% CAGR through the analysis period.

Select Competitors (Total 53 Featured) -

  • BAE Systems PLC
  • Bharat Electronics Limited
  • Collins Aerospace
  • Datasoft Corporation
  • Elbit Systems Ltd.
  • Epiq Solutions, LLC
  • Ettus Research
  • FlexRadio Systems, Inc.
  • L3Harris Technologies, Inc.
  • Microtelecom Srl
  • Northrop Grumman Corporation
  • Rohde & Schwarz GmbH & Co KG
  • SDRplay
  • Signalscape, Inc.
  • Thales Defense & Security, Inc.
  • ViaSat, Inc.
Note: Product cover images may vary from those shown

FEATURED COMPANIES

  • BAE Systems PLC
  • Collins Aerospace
  • Datasoft Corporation
  • Elbit Systems Ltd.
  • Epiq Solutions, LLC
  • Ettus Research
I. METHODOLOGY

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW
  • Influencer Market Insights
  • World Market Trajectories
  • Software Defined Radio: Revolutionizing Radio Communications through Cross-Functionality
  • A Review of SDR’s Technology Prowess
  • SDR Market: Prospects and Outlook
  • JTRS, Hardware and High-Frequency Segments Dominate SDR Market
  • Ground-based SDR Systems Hold Significant Share
  • Aerospace & Defense Sector Remains Primary End-User of SDRs
  • Developed Economies Lead Market
  • Impact of Covid-19 Pandemic and Looming Recession
  • Competition
  • Recent Market Activity
2. FOCUS ON SELECT PLAYERS

3. MARKET TRENDS & DRIVERS
  • Dependency of Military Communications on Software Communications Architecture (SCA) Sustains SDRs Market
  • Defense Budgets Allocations Set the Foundation for the Growth of Military SDRs
  • Exhibit 1: Defense Spending Trends Set Demand Dynamics for SDRs in Military Radio Communications: Military Expenditure Worldwide in US$ Billion for the Years 2001 through 2018
  • Exhibit 2: Projected Defense Budget in US$ Billion for the Years 2019, 2021 and 2023
  • Exhibit 3: Leading Countries Ranked by Defense Budgets in US$ Billion for 2018
  • Joint Tactical Radio (JTR) Radios Replace Traditional Radios in the Military Sector
  • SDR for Integrated C4ISR
  • Investments in Public Safety and Disaster Preparedness Provides Opportunity for Growth
  • Exhibit 4: Number of Terrorist Incidents and Terrorism-related Deaths Worldwide: 2011-2018
  • SDRs Grow in Importance for Industrial, Homeland Security, and Commercial Applications
  • Adoption of Land Mobile Radio in Commercial & Industrial Sectors to Expand the Addressable Opportunity for SDRs
  • Increasing Focus on Workplace Safety Spurs Investments in Commercial LMR Radios
  • Wireless Radio Base Stations Evolve towards SDR Based Architecture
  • Software RAN Enables Reduction in Base Station Costs
  • Virtualized Base Station: A Key Benefit of SDR-Based Software RAN
  • SDR Rises in Popularity among Hobbyists & DIY Hackers
  • Growing Interest in Flexible In-Vehicle Radio Platform Offers Opportunities for SDRs in the Automotive Industry
  • SDR Emerges as a Key Technology for Creating Reliable and Robust Connected Car Environment
  • Car-to-X: An SDR-Enabled Communication Technology
  • SDR Provides Support for Internet of Things
  • Rising Demand for Next-Generation IP Systems: Opportunity for SDR Market
  • SDR Vital for Safety in Aviation End-Use Sector
  • SDR Architecture for Next Generation Space Communications
  • Key Drivers of Space Communication Architecture
  • SDR and Cognitive Radio Technology Hold Promise for 5G Networks
  • Increased Use of SDR for Remote Spectrum Monitoring & Surveillance and TSCM
  • Growing Demand for Cognitive Radio Spurs SDR Market Growth
  • Innovations & Advancements
  • Product Overview
  • Software Defined Radio: An Introduction
  • Evolution of Software Defined Radio
  • SpeakEasy Phase I
  • SpeakEasy Phase II
  • Historical Timeline of SDR Technology
  • Components of SDR
  • Advantages of SDR
  • Comparison of SDR with Other Radios by Application
  • Comparison of SDR with other Radios by Design
4. GLOBAL MARKET PERSPECTIVE

III. MARKET ANALYSIS

UNITED STATES
  • Market Overview
CANADA

JAPAN

CHINA

EUROPE

FRANCE

GERMANY

ITALY

UNITED KINGDOM

SPAIN

RUSSIA

REST OF EUROPE

ASIA-PACIFIC
  • Market Overview
AUSTRALIA

INDIA

SOUTH KOREA

REST OF ASIA-PACIFIC

LATIN AMERICA

ARGENTINA

BRAZIL

MEXICO

REST OF LATIN AMERICA

MIDDLE EAST

ISRAEL

SAUDI ARABIA

REST OF MIDDLE EAST

AFRICA

IV. COMPETITION
  • Total Companies Profiled: 53
Note: Product cover images may vary from those shown

A selection of companies mentioned in this report includes:

  • BAE Systems PLC
  • Bharat Electronics Limited
  • Collins Aerospace
  • Datasoft Corporation
  • Elbit Systems Ltd.
  • Epiq Solutions, LLC
  • Ettus Research
  • FlexRadio Systems, Inc.
  • L3Harris Technologies, Inc.
  • Microtelecom Srl
  • Northrop Grumman Corporation
  • Rohde & Schwarz GmbH & Co KG
  • SDRplay
  • Signalscape, Inc.
  • Thales Defense & Security, Inc.
  • ViaSat, Inc.
Note: Product cover images may vary from those shown
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