Cognitive Radio Market to Reach USD 9.23 Billion By 2026 | BAE Systems, Raytheon Company, Thales Group, etc

The Cognitive Radio market is expected to grow from USD 4.1 billion in 2019 to USD 9.23 billion by 2026, at a CAGR of 10.67% during the forecast period. Cognitive Radio has witnessed a quantum leap in the market as it improves satellite communications, helps to overcome radio spectrum scarcity, and provides enhanced quality of service. The ease with which cognitive radio detects a vacant channel and switch to it avoiding the occupied ones helps to optimize the use of available radio-frequency (RF) spectrum and minimizes interference to other users.

Cognitive Radio Market Size – USD 4.1 billion in 2019, Growth - CAGR of 10.67%, Trends – Increasing Demand for 5G Technology.

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The emerging and present key participants in the Cognitive Radio market are:

BAE Systems (UK), Raytheon Company (US), Thales Group (France), Rhode & Schwarz (Germany), Spectrum Signal Processing (Canada), xG Technology (US), Nutaq (Canada), Ettus Research (US), Shared Spectrum Company (US), DataSoft (US), EpiSys Science (US), and Kyynel (Finland).

Profitability scope and Prospects

The key participants who have shown tremendous growth in the Cognitive Radio market have been included in the report. In the report, data from 2016 to 2018, shows that some of the companies have shown enormous sales revenues, with the net revenue being doubled and the profits continually increasing. The profitability of the products being sold by the company indicates the influence and competitive advantage these companies have over the others.

For this report, the market has been divided into segments on the basis of Component, End-Use Application, End-User, and Region:

Component Outlook (Revenue, USD Million, 2018-2026)

Software Tools

Radio Control and Reconfiguration Tools
Spectrum Analyzer
Policy and Configuration Database Manager

Hardware

Transmitter
Receiver

Services

Professional Services
Managed Services

Application Outlook (Revenue, USD Million, 2018-2026)

Spectrum Sensing
Spectrum Analysis
Spectrum Allocation
Location Tracking
Cognitive Routing

End-User Outlook (Revenue, USD Million, 2018-2026)

Government and Defense
Telecommunication
Transportation
Others

Regional Outlook (Revenue in USD Million; 2016–2026)

North America (United States, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Colombia)

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Objectives of the study:

Our panel of expert analysts specializing in the value chain has conducted an exhaustive, industry-wide study to offer readers accurate insights into the future of the Cognitive Radio market and give key market players authentic information derived via both primary and secondary sources of data collection. Additionally, the report also comprises of inputs from our consultants, which can help companies make the most of the available market opportunities. It also offers a detailed breakdown of the sales of Cognitive Radio and the factors that could potentially influence the growth of the industry. The information provided in this report will be able to help readers capitalize on the available growth prospects.

Further key findings from the report suggest:

-The growth of Cognitive Radio Market is directly fueled by the demand for application of 5G among its different application sectors such as in Telecom, Government and Defense, Telecommunication, Energy & Utilities and Healthcare. The driving force is the increase in demand for mobile devices and related mobile applications which raises a requirement for 5thgeneration wireless system which in turn boosts the Cognitive Radio Market.

-Cognitive radio finds its uses in various sectors including transportation, energy, and utilities, government and defense, telecommunication and healthcare. This technology also helps all other sectors such as the cable market and defense sectors. It also finds its usage in military applications providing a cost-efficient wireless system interference-resistant, mobile, frequency agile and scalable.

-With respect to the end-users segment, the government and defense segment is projected to hold the largest market size with a CAGR of 12% during the predicted period. Governments of various countries are focusing on enhancing and implementing advanced communication technologies, such as cognitive radios and Software-Defined Radio (SDR), to match the modern nature of warfare and for protecting its people too.

-The cognitive radio market for managed services is anticipated to show faster growth, due to the rise in adoption of third-party infrastructure services to manage the wireless communication devices in companies and across various industries. Managed service providers are responsible for all the hardware and software functions, while organizations are only concerned with updating and installing business applications and configuring company policies....Continued

The Cognitive Radio report addresses the following questions:

-Understand the demand for global Cognitive Radio to determine the viability of the market.

-Identify the developed and emerging markets where Cognitive Radio are offered.

-Identify the challenge areas and address them.

-Develop strategies based on the drivers, trends and highlights for each of the segments.

-Evaluate the value chain to determine the workflow and to get an idea of the current position where you are placed.

-Recognize the key competitors of this market and respond accordingly.

-Knowledge of the initiatives and growth strategies taken up by the major companies and decide on the direction for further growth.

-Define the competitive positioning by comparing the products and services with the key players in the market.

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