The North America Software Defined Radio (SDR) Market would witness market growth of 8.1% CAGR during the forecast period (2019-2025). Software defined radio allows consumers to receive signals from various mobile standards including WiMAX and GSM. Mobile operators are increasingly implementing SDRs in order to meet the growing demand for higher data speed which requires additional hardware expenses on the core network. The advantages provided by SDR systems are anticipated to drive the market by allowing innovation in connectivity solutions by eliminating hardware constraints. In addition, SDR and Network Function Virtualization (NFV) are expected to play a major role in the convergence of different communication technologies. The 5 G network coverage is based on SDR / NFV technology, another driving factor for the industry.
A prominent trend witnessed in recent years is the rise in spectrum range for wireless communications. The implementation of the 3rd Generation Partnership Project (3GPP) under an organizational telecommunications partnership includes the rapid deployment of LTE and LTE Advanced commercial wireless technology. Although LTE technology is currently being used between 450 MHz and 3.8 GHz, the industry will soon be seeing the 5 GHz crossing. In addition, SDR is used in applications like analyzers of radiofrequency spectrum and global positioning systems.
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 U.S., Mexico, Canada, and Rest of North America.
Free Valuable Insights: Software Defined Radio (SDR) Market in North America is expected to register a CAGR of 8.1% 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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