Press release
Cognitive Radio Market- Worldwide Industry Analysis and New Market Opportunities Explored
Cognitive radio is a form of wireless communication technology in which a transceiver intelligently detects the communication channels in use and the ones which are not, and instantly moves into vacant channels while avoiding occupied ones. This optimizes the use of available radio-frequency (RF) spectrum and minimizes interference to other users. The technology helps to overcome radio spectrum scarcity, improves satellite communications and provides enhanced quality of service. This feature has been leading to its wide adoption, and thus has been driving the cognitive radio market.
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Cognitive radio finds its application in various sectors including government and defense, telecommunication, transportation, energy and utilities, and healthcare. This technology also aids a number of other sectors such as cable market and defense sectors. It also finds its usage in military applications providing a mobile, interference-resistant, scalable, frequency agile, and cost-efficient wireless system.
In terms of services, the cognitive radio market is categorized into managed and professional services. Professional services are expected to continue generating the larger revenue share to the cognitive radio market in coming years. The larger market size of this category is majorly backed by the continuously rising complexity of operations and increasing deployment of the CR technology in the wireless communication ecosystem.
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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.
The rising adoption of the cognitive radio technology in government and defense organizations and growing demand for the technology in commercial applications are the factors expected to offer considerable opportunities for the growth of the cognitive radio market.
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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