Software Defined Radio Market
Software Defined Radio Market Size And Forecast
Software Defined Radio Market was valued at USD 21.5 Billion in 2018 and is projected to reach USD 37.5 Billion by 2026, growing at a CAGR of 7.2% from 2019 to 2026.
Global Software Defined Radio Market Outlook
Demand for advanced communication systems to replace legacy equipment and increasing spend on tactical communication are major factors expected to bolster the growth of the global software defined radio market. Moreover, the adoption of software defined radios for telecommunication infrastructure is also expected to fuel market growth. The software defined radio system consumes high power which is one of the major restraining factors that might hamper the market growth. Nonetheless, the rise in demand for next-generation IP systems is expected to create opportunities for the market.
Global Software Defined Radio Market Competitive Landscape
The Global Software Defined Radio Market study report will provide a valuable insight with an emphasis on global market including some of the major players such as Thales, Northrop Grumman, Rockwell Collins, BAE Systems, General Dynamics, Harris Corporation, Leonardo, Aselsan, Elbit Systems and Rohde and Schwarz.
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