Software Defined Radio Market and New Trends

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MarketsandMarkets Presents
Software Defined Radio Market by Application
(Defense, Commercial, Homeland Security),
Component (Software, Transmitter, Receiver), End
User (Military, Transportation), Type (JTRS,
Cognitive/Intelligent Radio, TETRA) - Global
Forecast to 2021 The software defined radio
market is estimated to be USD 16.24 Billion in
2016, and is projected to reach USD 29.12 Billion
by 2021, at a CAGR of 12.39 from 2016 to 2021
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The JTRS segment is projected to lead the
software defined radio market during the forecast
period On the basis of type, the JTRS (joint
tactical radio system) segment is estimated to
lead the highest growth, owing to the increasing
use of tactical military communication in the
defense sector. JTRS is the solution for
interoperability is an all service radio and a
new wideband networked waveform with the ability
to provide mobile networked-connectivity across
the battlespace, while providing compatibility
with the current waveforms used in the defense
forces, worldwide. Sample pages of the Report
http//www.marketsandmarkets.com/requestsample.a
sp?id138946173 The commercial segment is
estimated to grow at the highest CAGR during the
forecast period The commercial segment of the
software defined radio market, by application, is
anticipated to grow at the highest CAGR during
the forecast period, due to robust growth in the
telecommunication industry. With increase in
investments towards SDR, the commercial sector is
using new technologies such as near field
communication, analog to digital conversion, and
cognitive radios for communication.
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G7 Nations is estimated to be the largest market
for software defined radio The market for
software defined radio has been estimated to be
the largest in G7 Nations, due to the increasing
demand for SDR across various sectors, such as
military, public safety, and commercial. The
growth of this market is expected to be fuelled
by the rise in military spending by the U.S.
countries as they seek to modernize and upgrade
their communication equipment. Factors such as
rising need for countries to collaborate with
other nations through upgraded communication
systems, as their troops are deployed in various
regions under NATO and other alliances Report
Information http//www.marketsandmarkets.com/Ma
rket-Reports/software-defined-radios-market-138946
173.html Northrop Grumman Corporation (U.S.) is
one of the key players in the software defined
radio market Major players in the software
defined radio market are Northrop Grumman
Corporation (U.S.), BAE Systems Plc. (U.K.),
Elbit Systems Ltd (Israel), Thales Group
(France), and L-3 Communications Holdings, Inc.
(U.S.), among others.
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collaboration with the clients to identify new
opportunities, identify most important customers,
write "Attack, avoid and defend" strategies,
identify sources of incremental revenues for both
the company and its competitors.
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