The global software defined radio market size was valued at USD 22.10 billion in 2020 and is anticipated to expand at a high CAGR during the forecast period, 2021-2028. The growth of the market is attributed to the rising need of software configurable and more flexible communication devices.
Software defined radio (SDR) is a type of communication system that primarily facilitates radio signals processing to a computer or other electronic devices by using various modulation software. In this system, the components that were previously implemented in hardware are now implemented in embedded devices by means of software.
It uses software for demodulation and modulation of signals. A SDR system includes application specific integrated circuit, analog to digital and vice versa converters, digital signal processor, mixer, antenna, general purpose processor, and field programmable gate arrays. Mainly, the SDR system is bifurcated into two categories SDR receivers and SDR transceivers. Receivers system can only receive signal whereas transceivers system can receive and transmit signals.
The COVID-19 pandemic outbreak had hampered the market due to the implementation of lockdown by government bodies. The pandemic has affected the market due to breakage of supply chain, temporary shut down of manufacturing plant, and economic slowdown. This factors has limited the demand of SDR systems and delayed the production of various electronic devices.
Market Trends, Drivers, Restraints, and Opportunities
- Rising penetration of wireless sensor networks and devices in the market is a key factor driving the market growth.
- Adopting SDR system in space communication devices for operating across several frequency bands and improving communication is projected to drive the market expansion during the forecast period.
- Developing SDR system with both software and hardware is expensive affair. This acts as a major challenge that can restrict the market growth in the coming years.
- Using digital to analog converter in system can limit the operation of top frequencies in digital section, which can hamper the market growth during the projected timeline.
- Integrating Internet of Things technology with SDR system software is projected to create significant growth opportunities for the market.
Scope of Software Defined Radio Market Report
The report on the global software defined radio market includes an assessment of the market, trends, segments, and regional markets. Overview and dynamics have also been included in the report.
Software Defined Radio Market - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast
Frequency Bands (Ultra High Frequency Band, High Frequency Band, Very High Frequency Band, and Others), Types (Cognitive Radio, General Purpose Radio, Terrestrial Trunked Radio, and Joint Tactical Radio System), End-users (Commercial, Telecommunication, Public Safety, Aerospace & Defense [Military and Space], and Others), Components (Service, Hardware [Receiver, Antenna, Transmitter, and Others], and Software), and Platforms (Airborne, Ground, Space, and Naval),
Asia Pacific, North America, Latin America, Europe, and Middle East & Africa
Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast
Key Players Covered in the Report
Harris Corp.; L3 Technologies, Inc.; Huawei Technologies Co., Ltd.; Raytheon Company; Collins Aerospace Systems; Elbit Systems Ltd.; BAE Systems; Northrop Grumman Corp.; and Datasoft Corp.
Software Defined Radio Market Segment Insights
UHF segment is expected to grow at a rapid pace
Based on frequency bands, the global software defined radio market is divided into ultra-high frequency (UHF) band, high frequency (HF) band, very high frequency band, and others.
The UHF segment is expected to grow at a rapid pace during the forecast period attributed to wide area coverage of UHF band and its use in 5G network and cellular systems. However, the HF band segment is anticipated to expand at a substantial CAGR during the forecast period in the coming years due to use of HF bands in commercial applications such as weather broadcast amateur video, radio frequency identification, aviation radio, and other radios with short range amplitude.
High functionality in emergency service drive the TETRA segment
In terms of types, the market is segmented into cognitive radio, general purpose radio, terrestrial trunked radio (TETRA), and joint tactical radio system (JTRS).
The JTRS segment is expected to account for a major market share during the projected timeline owing to increased use of radio signal processing in the defense sector. Moreover, the JTRS consists of multi-band pre-emptive radio sets that enable simultaneous voice and data communication capacities to the warfighter, which presents a major factor driving the segment.
On the other hand, the TETRA segment is projected to expand at a high CAGR during the forecast period due to its high functaniolity in emergency services. Furthermore, TETRA specifies certain interface such as terminal equipment, inter-system interface, and air interface, which presents a key factor accelerating the segment growth.
Aerospace & defense segment to account for a significant market share
On the basis of end-users, the global software defined radio market is segregated into commercial, telecommunication, public safety, aerospace & defense, and others.
The aerospace & defense segment is further bifurcated into military and space. The aerospace & defense segment is estimated to account for a significant market share during the forecast period owing to greater functional scope and need of seamless communication of military devices.
However, the commercial segment is anticipated to grow at a high CAGR during the projected period attributed to rising adoption of SDR system by industries such as transportation and automotive. Furthermore, rising demand of car radios supporting digital systems and SDR system helps traditional radio to compatible with digital broadcast, which is a major driver of the segment.
Rising use of software segment in commercial application drive the segment growth
Based on components, the market is fragmented into service, hardware, and software.
The hardware segment is further divided into receiver, antenna, transmitter, and others. The hardware segment is expected to expand at robust growth rate during the forecast period due to the combination of digital and analog technology. Moreover, the segment growth is further accelerated as field programmable gate array is widely integrated with digital-analog and analog-digital converters.
On the other hand, the software segment is projected to expand a considerable CAGR in the coming years owing to rising use of software in commercial applications. The implementation of software in global positioning system, data information, and remote radio monitoring is driving the growth of software segment.
Ground segment to hold a considerable market share
On the basis of platforms, the global software defined radio market is segmented into airborne, ground, space, and naval.
The ground segment is projected to hold a considerable market share during the forecast period due to extensive series of uses for tactical military communication in space and military sectors. On the other hand, the airborne segment is projected to expand a considerable CAGR during the projected timeline due to mobile networked-connectivity across battlespace with an accurate signal.
North America is anticipated to constitute a key market share
In terms of region, the market is classified as Asia Pacific, North America, Latin America, Europe, and Middle East & Africa.
North America is anticipated to constitute a key share of the market during the projected period owing to joint tactical networking centre programme, which provides technical support to wireless communication devices in the region. However, the Asia Pacific market is anticipated to grow at a rapid pace during the forecast period due to implementation of SDR system by intelligence and military organizations for enabling secure communication and improved information sharing.
The global software defined radio market has been segmented on the basis of
- Ultra High Frequency Band
- High Frequency Band
- Very High Frequency Band
- Cognitive Radio
- General Purpose Radio
- Terrestrial Trunked Radio
- Joint Tactical Radio System
- Public Safety
- Aerospace & Defense
- Asia Pacific
- North America
- Latin America
- Middle East & Africa
- Harris Corp.
- L3 Technologies, Inc.
- Huawei Technologies Co., Ltd.
- Raytheon Company
- Collins Aerospace Systems
- Elbit Systems Ltd.
- BAE Systems
- Northrop Grumman Corp.
- Datasoft Corp.
Key players competing in the global software defined radio market are Harris Corp.; L3 Technologies, Inc.; Huawei Technologies Co., Ltd.; Raytheon Company; Collins Aerospace Systems; Elbit Systems Ltd.; BAE Systems; Northrop Grumman Corp.; and Datasoft Corp.
Companies are widely engaging in strategic partnership and merger & acquisitions to develop technological advance SDR system for acquiring new buyers or expand their consumer base worldwide. Furthermore, space research organizations such as NASA, Europe space agencies concentrating on developing radiation hardened electronic components, which can withstand high radiation and can be used in SDR system for space signal transmission.
For instance, in December 2016, the United States Department of Defense in partnership with NASA developed a general purpose processor for SDR system. The processor developed was radiation hardened.