Software Defined Radio Market Size Forecasted To Achieve $36.58 Billion By 2029 With Steady Growth

The Software Defined Radio Market Report by The Business Research Company delivers a detailed market assessment, covering size projections from 2025 to 2034. This report explores crucial market trends, major drivers and market segmentation by [key segment categories].

What Is the Software Defined Radio Market Size and Projected Growth Rate?
The market size of software defined radio has seen a robust growth in recent years, expanding from $23.35 billion in 2024 to $24.84 billion in 2025, representing a Compound Annual Growth Rate (CAGR) of 6.4%. This upward trajectory during the historical period is primarily due to the development of digital signal processing technologies, expanding wireless communication standards, heightened demand for adaptable and reconfigurable radio systems, progression in the hardware of software-defined radio (SDR), and an increased application in military and defense sectors.

Anticipated swift expansion is on the horizon for the software defined radio market, which is projected to escalate to a worth of $36.58 billion by 2029, demonstrating a compound annual growth rate (CAGR) of 10.2%. Several factors propelling this growth during the forecast period are the adoption of 5G and subsequent technologies, artificial intelligence integration in SDR, heightened use for public safety and emergency communications, proliferation of SDR in the Internet of Things devices, and a focus on spectrum efficiency and dynamic spectrum access. Future trends within this period include the application of SDR in cognitive radio networks, open-source software for SDR development, SDR utilization in satellite communication systems, the creation of portable and handheld SDR solutions, and SDR integration with edge computing for reduced latency.

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What Are the Major Segments in the Software Defined Radio Market?
The software defined radio market covered in this report is segmented -

1) By Type: Joint Tactical Radio System (JTRS), Cognitive Radio, General Purpose Radio, Terrestrial Trunked Radio (TETRA), Other Types
2) By Component: Hardware, Software, Service
3) By Platform: Airborne, Naval, Land, Space
4) By Frequency Band: High Frequency (HF), Very High Frequency (VHF), Ultra-High Frequency (UHF), Other Bands
5) By End-Users: Aerospace And Defense, Telecommunication, Public Safety, Commercial, Other End-Users

Subsegments:
1) By Joint Tactical Radio System (JTRS): Handheld Radios, Vehicular Radios, Base Station Radios
2) By Cognitive Radio: Spectrum Sensing, Dynamic Spectrum Access, Network Management
3) By General Purpose Radio: VHF Radio, UHF Radio, HF Radio
4) By Terrestrial Trunked Radio (TETRA): Mobile TETRA Radios, Portable TETRA Radios, Infrastructure Equipment
5) By Other Types: Satellite Radios, Mesh Network Radios, Commercial Off-The-Shelf (COTS) Radios

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What Are The Driving Software Defined Radio Market Evolution?
The anticipation of augmented defense expenditure in order to enhance defense communication systems predicts an acceleration of the software-defined radio market. Advanced communication systems, offering improved data transmission, voice clarity, and precise data conveyance systems, are utilized in the defense sector to provide soldiers with technical advantages that facilitate efficient operations during wartime. These systems play a crucial role in safeguarding critical data across the defense industry. As cross-border conflicts and terrorist threats continue to rise, there is a consequent increase in defense communication investments. This scenario is likely to augment demand for high-level communication systems for improved security measures. For example, the UK Parliament announced that the defense expenditure for the fiscal year 2023/24 was £54.2 billion, with expectations of this figure growing to £57.1 billion in 2024/25, which indicates a 4.5% real-term increase. Hence, escalated defense spending on communication systems is anticipated to fuel the growth of the software-defined radio market.

Which Firms Dominate The Software Defined Radio Market Segments?
Major companies operating in the software defined radio market include Elbit Systems Ltd., L3Harris Technologies Inc., BAE Systems plc, General Dynamics Corporation, Leonardo S. p. A., Aselsan A. S., Bharat Electronics Limited, Cobham plc, Collins Aerospace, Curtiss-Wright Corporation, Data Link Solutions LLC, Epiq Solutions, FlexRadio Systems, Giga-tronics Inc., L3Harris Technologies Inc., Huawei Technologies Co. Ltd., Indra Sistemas S. A., Israel Aerospace Industries Ltd., LIG Nex1 Co. Ltd., Microtelecom S. r. l., NXP Semiconductors N. V., Pentek Inc., Rafael Advanced Defense Systems Ltd., Raytheon Technologies Corporation, Rockwell Collins Inc., Rohde & Schwarz GmbH & Co. KG, Rolta India Limited., SDRplay Limited., Signal Hound, Silvus Technologies Inc., Thales Group, Ultra Electronics Holdings, VectorNav Technologies, ViaSat Inc., Wind River Systems Inc.

What Trends Are Expected to Dominate the Software Defined Radio Market in the Next 5 Years?
The advancement of technology is a significant trend garnering attention in the software-defined radio market. The capabilities of software-defined radio technology have enhanced considerably, with the market seeing developments in hardware that have cut costs and boosted performance. Such technologies present notable benefits versus conventional radio configurations that are hardware-based. These radios find use in multiple applications utilizing software-defined radio processing. Leading firms in the software-defined radio market are introducing revolutionary technologies to enable seamless communications. As an example, in March 2023, Elta Systems, an Israel-based defense and aerospace business, unveiled the ARC 840 SDR - Network Centric Operations (SDR-NCO) airborne communication system. In compliance with the latest SCA 4.1 standard from the US Joint Tactical Networking Centre, this software-defined radio supports voice, video, and data communications. Operating in the very high frequency (VHF), ultra-high frequency (UHF), and L-band ranges, the ARC 840 can interoperate with various commercial and military radios, improving communication between air, land, and sea forces. Featuring two adaptable radio frequency (RF) modules, its modular design can be customized to accommodate different mission needs. The system also incorporates transmission and communication security functions, such as frequency hopping and low probability of intercept (LPI) techniques, providing secure communications.

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Which Is The Largest Region In The Software Defined Radio Market?
North America was the largest region in the modular data center market in 2024.Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the software defined radio market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa

Frequently Asked Questions:
1. What Is the Market Size and Growth Rate of the Software Defined Radio Market?
2. What is the CAGR expected in the Software Defined Radio Market?
3. What Are the Key Innovations Transforming the Software Defined Radio Industry?
4. Which Region Is Leading the Software Defined Radio Market?

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