Global Software Defined Radio Market Size Study, by Type, by Component, by Frequency Band, by Platform, by Application, and Regional Forecasts 2022-2032

Description

The global Software Defined Radio (SDR) market is valued at approximately USD 25.29 billion in 2023 and is expected to experience robust growth at a compound annual growth rate (CAGR) of 8.6% during the forecast period from 2024 to 2032, reaching USD 56.92 billion by 2032. SDR represents a significant advancement in radio communication technology, where traditional hardware components are replaced by software-based functionalities, allowing for a high degree of flexibility, programmability, and multi-functionality in radio communication systems. This technological leap enables a single device to operate across multiple communication protocols and frequencies, thereby becoming indispensable across a diverse array of applications including mobile communications, emergency services, military operations, and amateur radio.

The escalating demand for versatile communication systems is a major driver behind the growth of the global SDR market. The rapid advancements in digital signal processing and microelectronics have significantly enhanced SDR capabilities, providing adaptable communication systems that are critical for modern telecommunications and defense sectors. The growing reliance on wireless communication, spurred by the proliferation of mobile devices, the Internet of Things (IoT), and the advent of 5G technology, further accentuates the need for SDR technology. Moreover, SDR's pivotal role in defense and security applications, where secure and reliable communication across multiple protocols and frequencies is vital, underscores its importance in military and emergency service operations. Opportunities abound as SDR technology finds increasing adoption in emerging markets such as smart cities and intelligent transportation systems. The integration of SDR with artificial intelligence (AI) and machine learning (ML) is poised to further augment its capabilities, offering new efficiencies and expanding the scope of applications. However, the high implementation costs associated with developing and deploying SDR systems pose a significant challenge, potentially limiting its adoption among smaller organizations and in emerging markets.

North America led the global SDR market in 2023, accounting for a substantial revenue share of 34.2%. This dominance is largely attributable to initiatives like the Joint Tactical Networking Center (JTNC) program in the United States, which supports the Department of Defense in standardizing wireless communication systems. The widespread integration of SDR systems within the North American defense sector, driven by research and the need for unified communication systems, underscores the region's leadership. Conversely, the Asia Pacific region is expected to witness significant growth, fueled by the increasing number of smartphone users, the emergence of 5G technology, and advancements in smart transportation systems in countries like Japan, China, and India.

Major market players included in this report are:

Analog Devices Inc.
Anaren Inc.
BAE Systems plc.
Collins Aerospace Systems
Data Device Corporation
DataSoft
Elbit Systems Ltd.
Huawei Technologies Co. Ltd.
Indra Sistemas S.A.
L3Harris Technologies Inc.

The detailed segments and sub-segment of the market are explained below:

By Type

General Purpose Radio
Joint Tactical Radio System (JTRS)
Cognitive/Intelligent Radio
Terrestrial Trunked Radio (Tetra)

By Component

Hardware
Software

By Frequency Band

MF/HF
VHF
UHF
Other Bands

By Platform

Airborne
Naval
Land
Space

By Application

Military & Defense
Commercial

By Region:

North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
RoLA
Middle East & Africa
Saudi Arabia
South Africa
RoMEA

Years considered for the study are as follows:

Historical year - 2022
Base year - 2023
Forecast period - 2024 to 2032

Key Takeaways:

Market Estimates & Forecast for 10 years from 2022 to 2032.
Annualized revenues and regional level analysis for each market segment.
Detailed analysis of geographical landscape with Country level analysis of major regions.
Competitive landscape with information on major players in the market.
Analysis of key business strategies and recommendations on future market approach.
Analysis of competitive structure of the market.
Demand side and supply side analysis of the market.

Chapter 1. Global Software Defined Radio (SDR) Market Executive Summary

1.1. Global Software Defined Radio (SDR) Market Size & Forecast (2022- 2032)
1.2. Regional Summary
1.3. Segmental Summary
- 1.3.1. By Type
- 1.3.2. By Component
- 1.3.3. By Frequency Band
- 1.3.4. By Platform
- 1.3.5. By Application
1.4. Key Trends
1.5. Recession Impact
1.6. Analyst Recommendation & Conclusion

Chapter 2. Global Software Defined Radio (SDR) Market Definition and Research Assumptions

2.1. Research Objective
2.2. Market Definition
2.3. Research Assumptions
- 2.3.1. Inclusion & Exclusion
- 2.3.2. Limitations
- 2.3.3. Supply Side Analysis
  - 2.3.3.1. Availability
  - 2.3.3.2. Infrastructure
  - 2.3.3.3. Regulatory Environment
  - 2.3.3.4. Market Competition
  - 2.3.3.5. Economic Viability (Consumer's Perspective)
- 2.3.4. Demand Side Analysis
  - 2.3.4.1. Regulatory frameworks
  - 2.3.4.2. Technological Advancements
  - 2.3.4.3. Environmental Considerations
  - 2.3.4.4. Consumer Awareness & Acceptance
2.4. Estimation Methodology
2.5. Years Considered for the Study
2.6. Currency Conversion Rates

Chapter 3. Global Software Defined Radio (SDR) Market Dynamics

3.1. Market Drivers
- 3.1.1. Technological Advancements
- 3.1.2. Increased Demand for Wireless Communication
- 3.1.3. Defense and Security Applications
3.2. Market Challenges
- 3.2.1. High Implementation Costs
3.3. Market Opportunities
- 3.3.1. Emerging Markets and Applications
- 3.3.2. Integration with AI and Machine Learning

Chapter 4. Global Software Defined Radio (SDR) Market Industry Analysis

4.1. Porter's 5 Force Model
- 4.1.1. Bargaining Power of Suppliers
- 4.1.2. Bargaining Power of Buyers
- 4.1.3. Threat of New Entrants
- 4.1.4. Threat of Substitutes
- 4.1.5. Competitive Rivalry
- 4.1.6. Futuristic Approach to Porter's 5 Force Model
- 4.1.7. Porter's 5 Force Impact Analysis
4.2. PESTEL Analysis
- 4.2.1. Political
- 4.2.2. Economical
- 4.2.3. Social
- 4.2.4. Technological
- 4.2.5. Environmental
- 4.2.6. Legal
4.3. Top investment opportunity
4.4. Top winning strategies
4.5. Disruptive Trends
4.6. Industry Expert Perspective
4.7. Analyst Recommendation & Conclusion

Chapter 5. Global Software Defined Radio (SDR) Market Size & Forecasts by Type 2022-2032

5.1. Segment Dashboard
5.2. Global Software Defined Radio (SDR) Market: Type Revenue Trend Analysis, 2022 & 2032 (USD Billion)
- 5.2.1. General Purpose Radio
- 5.2.2. Joint Tactical Radio System (JTRS)
- 5.2.3. Cognitive/Intelligent Radio
- 5.2.4. Terrestrial Trunked Radio (Tetra)

Chapter 6. Global Software Defined Radio (SDR) Market Size & Forecasts by Component 2022-2032

6.1. Segment Dashboard
6.2. Global Software Defined Radio (SDR) Market: Component Revenue Trend Analysis, 2022 & 2032 (USD Billion)
- 6.2.1. Hardware
- 6.2.2. Software

Chapter 7. Global Software Defined Radio (SDR) Market Size & Forecasts by Frequency Band 2022-2032

7.1. Segment Dashboard
7.2. Global Software Defined Radio (SDR) Market: Frequency Band Revenue Trend Analysis, 2022 & 2032 (USD Billion)
- 7.2.1. MF/HF
- 7.2.2. VHF
- 7.2.3. UHF
- 7.2.4. Other Bands

Chapter 8. Global Software Defined Radio (SDR) Market Size & Forecasts by Platform 2022-2032

8.1. Segment Dashboard
8.2. Global Software Defined Radio (SDR) Market: Platform Revenue Trend Analysis, 2022 & 2032 (USD Billion)
- 8.2.1. Airborne
- 8.2.2. Naval
- 8.2.3. Land
- 8.2.4. Space

Chapter 9. Global Software Defined Radio (SDR) Market Size & Forecasts by Application 2022-2032

9.1. Segment Dashboard
9.2. Global Software Defined Radio (SDR) Market: Application Revenue Trend Analysis, 2022 & 2032 (USD Billion)
- 9.2.1. Military & Defense
- 9.2.2. Commercial

Chapter 10. Global Software Defined Radio (SDR) Market Size & Forecasts by Region 2022-2032

10.1. North America Software Defined Radio (SDR) Market
- 10.1.1. U.S. Software Defined Radio (SDR) Market
  - 10.1.1.1. By Type breakdown size & forecasts, 2022-2032
  - 10.1.1.2. By Component breakdown size & forecasts, 2022-2032
  - 10.1.1.3. By Frequency Band breakdown size & forecasts, 2022-2032
  - 10.1.1.4. By Platform breakdown size & forecasts, 2022-2032
  - 10.1.1.5. By Application breakdown size & forecasts, 2022-2032
- 10.1.2. Canada Software Defined Radio (SDR) Market
  - 10.1.2.1. By Type breakdown size & forecasts, 2022-2032
  - 10.1.2.2. By Component breakdown size & forecasts, 2022-2032
  - 10.1.2.3. By Frequency Band breakdown size & forecasts, 2022-2032
  - 10.1.2.4. By Platform breakdown size & forecasts, 2022-2032
  - 10.1.2.5. By Application breakdown size & forecasts, 2022-2032
10.2. Europe Software Defined Radio (SDR) Market
- 10.2.1. UK Software Defined Radio (SDR) Market
- 10.2.2. Germany Software Defined Radio (SDR) Market
- 10.2.3. France Software Defined Radio (SDR) Market
- 10.2.4. Spain Software Defined Radio (SDR) Market
- 10.2.5. Italy Software Defined Radio (SDR) Market
- 10.2.6. Rest of Europe Software Defined Radio (SDR) Market
10.3. Asia-Pacific Software Defined Radio (SDR) Market
- 10.3.1. China Software Defined Radio (SDR) Market
- 10.3.2. India Software Defined Radio (SDR) Market
- 10.3.3. Japan Software Defined Radio (SDR) Market
- 10.3.4. Australia Software Defined Radio (SDR) Market
- 10.3.5. South Korea Software Defined Radio (SDR) Market
- 10.3.6. Rest of Asia Pacific Software Defined Radio (SDR) Market
10.4. Latin America Software Defined Radio (SDR) Market
- 10.4.1. Brazil Software Defined Radio (SDR) Market
- 10.4.2. Mexico Software Defined Radio (SDR) Market
- 10.4.3. Rest of Latin America Software Defined Radio (SDR) Market
10.5. Middle East & Africa Software Defined Radio (SDR) Market
- 10.5.1. Saudi Arabia Software Defined Radio (SDR) Market
- 10.5.2. South Africa Software Defined Radio (SDR) Market
- 10.5.3. Rest of Middle East & Africa Software Defined Radio (SDR) Market

Chapter 11. Competitive Intelligence

11.1. Key Company SWOT Analysis
- 11.1.1. Analog Devices Inc.
11.2. Top Market Strategies
11.3. Company Profiles
- 11.1.2. Anaren Inc.
- 11.1.3. BAE Systems plc.
- 11.1.4. Collins Aerospace Systems
- 11.1.5. Data Device Corporation
- 11.1.6. DataSoft
- 11.1.7. Elbit Systems Ltd.
- 11.1.8. Huawei Technologies Co. Ltd.
- 11.1.9. Indra Sistemas S.A.
- 11.1.10. L3Harris Technologies Inc.

Chapter 12. Research Process

12.1. Research Process
- 12.1.1. Data Mining
- 12.1.2. Analysis
- 12.1.3. Market Estimation
- 12.1.4. Validation
- 12.1.5. Publishing
12.2. Research Attributes