U.S. and Europe have the majority of the market share in the global software defined radio market.
(PRWEB) June 11, 2014
According to the market research report "Software Defined Radio Market (Defense, Commercial & Homeland Security) - Forecast Analysis to 2014-2020", is estimated to be $13.87 Billion in 2014 and is expected to register a CAGR of 11.39% to reach $26.48 Billion in 2020.
Browse more than 74 market data tables with 47 figures spread through 133 pages and in-depth TOC on "Software Defined Radios Market".
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The report analyzes the defense, civilian, and homeland security application of SDRs. With respect to defense application, the sub-segments considered are airborne, naval, and land-based SDRs. Public safety communication is considered for the homeland security segment. Industrial and communication applications are considered under the commercial segment.
SDRs penetration will increase in defense, commercial, and homeland security segments. Though Europe and North American markets have a higher market share, the growth is expected to be uniform across all the geographic regions as national SDR programs have started in all the geographic regions.
Airborne SDRs in the defense segment are expected to be costlier than the naval and land based SDRs. Airborne SDRs will make up 40% of the global defense SDR market.
The demand for SDR will keep increasing throughout the study period as more and more countries are expected to adopt SDR communication system for their armed forces. The defense segment constitutes 80% of the SDR market and the cost of defense SDRs are higher than that of the other segments due to the varying application of SDRs. The complexity associated with defense deployment increases the cost of SDRs.
The geography-wise analysis includes application-level segmentation across geographic regions such as North America, Middle East, Asia-Pacific (APAC), Europe, and the Rest of the World (ROW). Competitive analysis includes market share of companies in the SDR market. Country-wise analysis includes their respective SDR programs, the primary industry participants of the program, and the scope of the program. It also includes the cost related to procurement and operation.
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The drivers and restraints are analyzed and their impact on the SDR market throughout the study period is charted to provide in-depth insight of the market. The product lifecycle and the technology trends are also discussed. PEST (Political, Economic, Sociocultural, and Technological) analysis of the market is incorporated to determine their implications on the SDR market.
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