Software Defined Radio Market To Reach Usd Billion By 2031, Driven By Advancements In Related Equipment | Northrop Grumman, Raytheon, Lockheed Martin, BAE Systems, General Dynamics, Collins Aerospace, Thales

According to a new market research report published by Global Insight Services  Software Defined Radio Market is expected to reach US$ bn by 2031. Report includes in-depth segmentation and market size data by categories, product types, applications, and geographies. Report also includes comprehensive analysis of key issues, trends and drivers, restraints and challenges, competitive landscape, as well as recent events such as M&A activities in the market. 

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Software-defined radio (SDR) is a radio communication system where components that have been typically implemented in hardware (e.g. mixers, filters, amplifiers, modulators/demodulators, detectors, etc.) are instead implemented by means of software on a general-purpose processor. A software-defined radio receiver (SDR receiver) is a receiver that includes a software-defined radio.

Top Key Players in Software Defined Radio market: Northrop Grumman, Raytheon, Lockheed Martin, BAE Systems, General Dynamics, Collins Aerospace, Thales 

Key Trends 

The key trends in Software Defined Radio technology are the move towards software–based radios and the trend towards open standards. Software–based radios offer the advantages of flexibility and lower costs, while open standards provide interoperability and allow for the development of a radio ecosystem.

Key Drivers

The key drivers of the software defined radio market are the need for improved spectrum efficiency and flexibility, the need for better communication systems, and the need to reduce the cost of radio equipment.

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Market Segments 

By Type

Joint Tactical Radio System (JTRS)
Cognitive Radio
General Purpose Radio
Terrestrial Trunked Radio (TETRA)

Reasons to buy Software Defined Radio Report:

  • Develop comprehensive understanding of market landscape – industry structure, value-chain, key players, trends, drivers, and challenges
  • Drive revenue and market-entry strategy by gaining insights into which segments and geographies are largest and likely to grow fastest
  • Formulate sales and marketing strategies by gaining understanding of competitors, their positioning, and strengths & weaknesses
  • Develop business and M&A strategies through understanding of latest trends and emerging players in the market
  • Refine your business plans by understanding impact of disruptions such as Covid-19 and Russia-Ukraine conflict on the market

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Key Questions answered in the report:

  • How is the market structured and what the key drivers and trends of this industry?
  • How is the market segmented and what is the size of each segment?
  • Which segments and geographies provide best growth opportunities?
  • What’s the competitive landscape and positioning of players in this market?
  • What is the impact of latest events such as Covid-19 and Russia-Ukraine conflict on the market?

About Global Insight Services:

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