Cognitive Radio Market Is Likely to Experience a Tremendous Growth by 2029

Cognitive radio market is anticipated to grow at a significant CAGR during the forecast period. Many organizations are implementing cognitive radio technology to improve the customer experience, increase the return on investment (RoI), and gain a competitive advantage in the wireless communication industry globally. The major factor for the growth of the market during the forecast period is the growing technological advancements as well as optimized spectrum utilization. Moreover, the increasing adoption of the 5G technology is also driving the growth of the market. Additionally, North America held a larger share in the market owing to the developed economies and increased R&D coupled with a high rate of adoption of 5G technology in the region. 

Some major players in the market include BAE Systems, Raytheon Technologies Corp., and Thales Group, among others. The market players are contributing significantly to the growth of the market by the adoption of various strategies including mergers & acquisitions, geographical expansion, partnerships and collaborations, and new product launches, to stay competitive in the market. For instance, in July 2020, BAE Systems delivered the first shipment of its next-generation radiation-hardened software-defined radios (SDR) to Lockheed Martin Space enabled by its RAD5545 computer. These radios give spacecraft the performance, availability, reliability, and onboard signal processing capacity required for future space missions ranging from planetary exploration to communications, national security, surveillance, and weather missions.

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Market Coverage

The market number available for - 2021-2029
Base year- 2021
Forecast period- 2023-2029
Segment Covered- 
By Component
By Application
By End-User
Regions Covered-
North America
Europe
Asia-Pacific
Rest of the World
Competitive Landscape- BAE Systems, Raytheon Technologies Corp., and Thales Group, among others.

Cognitive Radio Market Report Segment

By Component

Software Tools
Radio Control and Reconfiguration Tools
Spectrum Analyzer
Policy and Configuration Database Manager
Hardware
Transmitter
Receiver
Services
Professional Services
Managed Services

By Application

Spectrum Sensing
Spectrum Analysis
Spectrum Allocation
Location Tracking
Cognitive Routing

By End-User

Government and Defense
Telecommunication
Transportation
Others (Healthcare)

A full Report of Cognitive Radio Market is Available @  https://www.omrglobal.com/industry-reports/cognitive-radio-market

Cognitive Radio Market Report Segment by Region

North America

United States
Canada

Europe

UK
Germany
Spain
France
Italy
Rest of Europe

Asia-Pacific

India
China
Japan
South Korea
Rest of APAC

Rest of the World

Latin America 
Middle East & Africa

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Over 100+ paid data sources mined for investigation.
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