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Rampant Technological Advancements will Boost Software Defined Radio Market Size

02-06-2018 11:23 AM CET | IT, New Media & Software

Press release from: Persistence Market Research

/ PR Agency: Persistence Market Research
Rampant Technological Advancements will Boost Software

Technology has become an essential part of life in many areas of the world, reaching even some of the more remote regions of the planet impacting the world in many important ways. Radio Frequency Identification (RFID) is currently one of the most advanced technology in wireless applications area. RFID is the use of radio waves to read and capture information stored on a tag attached to an object. It uses radio frequency waves to transfer data between a reader and a movable item to identify and track.

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An RFID system consists of three components: tag (transponder), reader (transceiver) and software define radio (SDR). SDR is a wireless communication including transmitter, channel and receiver where all of the signal processing is implemented in software. The transmitter element process an information signal in order to produce a signal most likely to pass reliably and efficiently through the channel. The biggest advantage of RFID system is transmitting data with very low or without power.

Software Defined Radio Market for RFID Application: Drivers and Challenges

Some of the emerging technologies such as smart antennas, networking, software, semiconductors, signal processing and battery technology are making SDR technically and commercially realistic. Rapid advancement in integrated circuit (IC) technology are fueling the growth in commercial wireless communications systems. SDRs efficiency and cost effectiveness along with advance capabilities are expected to drive the growth of market.However, multiple regulations that govern the SDR market is hindering the market growth.

Software Defined Radio Market for RFID Application: Regional Outlook

Presently, North America and Europe regions are holding the largest market share of Software Defined Radio Market for RFID Application due to the adoption of advance infrastructure. RFID technology is also being pressed into service for use in U.S. Homeland Security with applications such as securing border crossings and intermodal container shipments while expediting low-risk activities. However, other regions such as Middle East and Asia is expected to witness a reasonable growth rate.

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Key Market Players:

Some of the key players of Software Defined Radio Market for RFID Application are: BAE Systems PLC, IndraSistemas, L3 Communications Corporation, Raytheon Co., Rohde & Schwarz GmbH & Co KG, Thales Group, Rockwell Collins, Northrop Grumman Corp., ITT Corporation, Harris Corporation, Datasoft Corporation.

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