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. Software defined radio has also been an increasing focus by the military on including commercial off-the-shelf (COTS) radios. These are the part of software defined radio systems in order to improve command and control of troops stationed in the battlefield, as well as to enhance situational awareness of the battlefield.
On the basis of application, the software defined radio market has been segmented into defense, commercial, and homeland security. The commercial segment in the software defined radio market is projected to grow at the highest CAGR during the forecast period. This growth is attributed to the increasing adoption of software defined radio, VSATs, and other tactical communication devices in the Middle East, the U.S., and Asia-Pacific.
On the basis of component, the software defined radio market has been segmented into software, transmitter, and receiver. The software segment is projected to grow at the highest CAGR during the forecast period. Defense forces are investing heavily on software of communication devices to modernize the communication systems according the advanced requirements of the modern warfare. This is due to the presence of major 82 software companies in the Americas; such as Microsoft Corporation (U.S.), Oracle Corporation (U.S.), and Symantec Corporation (U.S.), among others.
On the basis of end user, the software defined radio market has been segmented into military, telecommunication; positioning systems, transportation, and others. The telecommunication segment is projected to grow at the highest CAGR during the forecast period.
- BAE Systems PLC.
- Datasoft Corporation
- Elbit Systems Ltd.
- Harris Corporation
- L-3 Communications Holdings, Inc.
- Northrop Grumman Corporation
- Raytheon Company
- Rohde & Schwarz
- Thales Group
- Viasat, Inc.
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Market Overview
6 Industry Trends
7 Software Defined Radio Market, By Application
8 Software Defined Radio Market, By Component
9 Software Defined Radio Market, By Type
10 Software Defined Radio Market, By End User
11 Regional Analysis
12 Competitive Landscape
13 Company Profiles
For more information about this report visit http://www.researchandmarkets.com/research/3nkwkk/software_defined
Laura Wood, Senior Manager
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716
To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/research-and-markets---global-software-defined-radio-market-value-of-usd-2912-billion-by-2021---trends-technologies--opportunities-report-2016-2021---vendors-harris-raytheon-thales-300367175.html
SOURCE Research and Markets