The Latin America, Middle East and Africa Software Defined Radio (SDR) Market would witness market growth of 11.5% CAGR during the forecast period (2019-2025). The high demand for defense electronics is due mostly to the ongoing global tensions over the years. Growing maritime disputes, conventional land-based conflicts, hybrid warfare, maritime piracy, cyber-attacks, urban insurgency and civil assaults are some of the driving factors of the SDR sector. The rise in tensions has resulted in a global increase in the budget for defence. Some of the leading manufacturers designing software-defined radios are Harris Corporation, General Dynamics, BAE Systems, and Raytheon, Inc. among others.
The software defined radio market is projected to experience significant growth. The concept of software-defined radio is not new; however, this market has seen considerable growth in recent years due to advances in technology and development of digital electronics. A software defined radio is a type of radio transmission device where data or information is transmitted over an embedded system or personal computer using the software.
Embedded systems replace the hardware components, such as amplifiers, filters, mixers, demodulators, detectors, and modulators. For software-defined radios, the secondary operations involved for radio communications are performed with the help of software-driven automated functions after the data from a source is converted into a digital format. Additionally, a software defined radio can transmit and receive a range of frequencies.
Based on Component, the market is segmented into Hardware, Software and Services. Based on Application, the market is segmented into Aerospace & Defense, Telecommunication, Public Safety, Commercial and Others. Based on Service Vertical, the market is segmented into Joint Tactical Radio System, Cognitive Radio, General Purpose Radio and Others. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
Free Valuable Insights: Software Defined Radio (SDR) Market in LAMEA is expected to register a CAGR of 11.5% during the forecast period (2019-2025)
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Analog Devices, Inc., Huawei Technologies Co., Ltd. (Huawei Investment & Holding Co., Ltd.), L3Harris Technologies, Inc., Elbit Systems Ltd., BAE Systems PLC, United Technologies Corporation (Rockwell Collins, Inc.), Thales Group S.A., Leonardo SpA, National Instruments Corporation, General Dynamics Corporation, and Rohde & Schwarz GmbH & Co. KG.
Market Segmentation:
By Component
By Application
By Service Vertical
By Country
Companies Profiled
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