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Cognitive Radio Market Revenue, Share, Trends, Demand and Growth Opportunities by 2023; BAE Systems plc, Raytheon Company, Thales Group, Rohde & Schwarz, Spectrum Signal Processing Inc., xG Technology Inc
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On the basis of application, the cognitive radio market is categorized into spectrum sensing, spectrum analysis, spectrum allocation, location tracking and cognitive routing. Of them, the spectrum sensing application is expected to witness the fastest market growth, during the forecast period. The spectrum sensing application of the cognitive radio involves observing and updating the status of the spectrum and the movement of the licensed or primary user by periodically sensing the frequency band. This identifies the way of accessing the spectrum hole without interfering the communication of the primary users.
North America has shown maximum adoption of the cognitive radio technology, among other regions, attributed to early implementation of cognitive radio in the majority of industries and applications in the region. APAC is expected to show the highest growth in coming years. Continual growth in the mobile network, increasing complexities of the wireless communication ecosystem, rise in demand for optimized spectrum utilization, and exponential growth in data traffic across all industries are the factors that are likely to bolster the growth of the Cognitive radio market in the APAC.
Cognitive radio in public safety offers resilience, accuracy and stability of operations in wireless-impaired environments which is absent in commercial wireless systems. Cognitive radios are extensively being used in rural broadband telcos, as it aids independent local providers to overcome the problem of high cost and scarce spectrum to deploy wireless in underserved rural markets. Increasing use of this technology in public safety is one of the key factors, driving the growth of cognitive radio market.
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Some of the key players in the cognitive radio market include BAE Systems plc, Raytheon Company, Thales Group, Rohde & Schwarz, Spectrum Signal Processing Inc., xG Technology Inc., Nutaq, Ettus Research, Shared Spectrum Company, DataSoft Inc., EpiSys Science Inc. and KNL Networks.
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