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Software Defined Radio Market Growth, Analysis, Latest Trends and Forecast till 2027

11-14-2022 08:53 AM CET | Advertising, Media Consulting, Marketing Research

Press release from: MarketsandMarkets

Software Defined Radio Market Growth, Analysis, Latest Trends

The report on the software defined radio market provides an analysis of the market from 2018 to 2027. It discusses industry and technology trends currently prevailing in the market, along with drivers, restraints, challenges, and opportunities that influence the growth of the market. The software defined radio market is projected to grow from USD 10.0 Billion in 2022 to USD 12.5 Billion by 2027, at a CAGR of 4.6% from 2022 to 2027.

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The software defined radio market in the North America region is expected to register the largest share in the base year. The US is recognized worldwide as a major manufacturer, exporter, and user of software-defined radios. The country has one of the world's largest domestic markets in both the commercial and defense segments for software-defined radios. The growing requirement to reduce the complexity of mobile communication systems and increase security in networking, along with the need for jam-free communications, will contribute to the SDR market growth in the US. Intelligence agencies in the US are encouraging industry players to develop smart radio techniques through various programs and projects. For instance, in November 2020, the Intelligence Advanced Research Projects Agency (IARPA) made an announcement (IARPA-BAA-20-03) for securing information through the smart radio systems (SCISRS) program. Industry players in the US are engaged in developing and launching new technologies and products to increase their portfolio and gain a competitive edge over their competitors. For instance, in April 2019, BAE Systems showcased a software-defined radio assembly allowing customers to engage their spacecraft for various space missions.

Based on platform, the software-defined radio market has been segmented into airborne, maritime, land, and space. The airbrone segment further subdivided into commercial aircraft, military aircraft, and UAVs. The maritime segment further classified into commercial ships, military ships, submarines, and unmanned maritime vehicles. The land segment further divided into mobile and fixed. The space segment further segmented into LEO, GEO and MEO. Rohde & Schwarz offers R&S AR5000 airborne radio, which is a member of the SOVERON software-defined radio family for rotary and fixed-wing airborne platforms. This product can be used as the primary ATC radio for both military and civilian aircraft. There have been several developments for airborne platforms; for instance, in July 2019, L3Harris Technologies, Inc. was awarded a contract by the US Air Force (USAF) to develop a prototype L3Harris Falcon Wideband Airborne HF Radio. The prototype contract allows L3Harris to participate in the competition to replace the USAF's AN/ARC-190 airborne HF radio.

Based on application, the software-defined radio market has been segmented into government & defense and commercial. Despite the economic slowdown and defense budget cuts in the US and other European countries, the defense industry is engaged in developing advanced technologies to serve the communication requirements of modern warfare. Various ongoing software-defined radio (SDR)-focused R&D programs, such as the Joint Tactical Radio System (JTRS, US) and European Secure Software-defined radio (ESSOR), are supporting the software-defined radio market growth. SDR can operate several different protocols, including Bluetooth, CDMA, GSM, LTE, and Wi-Fi. Traditional equipment offers military personnel the ability to tune into only one of the preferred frequencies and supports only one protocol. Whereas, in the future, SDR is expected to be augmented into cognitive radios that can survey the frequencies in the spectrum and choose the best frequencies for the least congested communication.

Other prominent uses of SDRs include homeland security & emergency response and space. Space communication is generally based on the Ku band frequency.

Based on component, the software-defined radio (SDR) market has been segmented into hardware and software. The hardware segment is further subdivided into general purpose processors, digital signal processors, integrated circuits, amplifiers, antennas, converters, and others. The integrated circuit segmnet witness the fastest growth during forecast period. Integrated circuit includes field programmable gate array (FPGA), application-specific integrated circuit (ASIC), and other systems on chips. Field programmable gate array (FPGA) refers to a programmable device that utilizes programmable routing resources and prebuilt logic blocks. It can be configured to execute the functionality of communication devices as compared to custom hardware without any requirement for additional fabrication steps and printed circuit board fabrication. A user could develop specific computing tasks and further compile them into a bitstream that can be downloaded to FPGA using the software. The downloaded bitstream can be utilized to configure the FPGA to execute computing tasks. FPGA is extremely versatile since it can be entirely reconfigured to implement a different group of computing tasks by repeating the process for new tasks.

The software defined radio market has been classified into joint tactical radio system (JTRS), cognitive/intelligent radio, and terrestrial trunked radio (TETRA) based on type. The JTRS segment registered largest share in the base year. The Joint Tactical Radio System (JTRS) was one of the first SDR programs introduced by the US Armed Forces in 1999. It was an initiative by the US Department of Defense (DoD) to develop a series of revolutionary software-programmable radios that would support the warfighter with data and voice communications along with interoperability across the battlespace. The older radio systems had inadequate bandwidth to meet new and future communications challenges. The solution for such interoperability issues was an advanced radio along with a new wideband network waveform that provides network connectivity across the battlespace.

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Based on frequency band, the software-defined radio market has been segmented into single band and multi-band. Multi-band signal processing is primarily conducted to improve signal resolution. A combination of different frequency bands is employed for a multi-band signal processing system. The growing demand for fast, accurate, and secure communication is one of the major factors driving the adoption of multi-band SDR. A multi-band frequency brings flexibility to commercial and military communication activities. In 2019, the US Navy awarded Raytheon Technologies (US) a contract worth USD 7.6 million to produce, test, and supply Navy Multiband Terminal (NMT), a satellite communication terminal used for military communications.

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