Software Defined Radio Communication Market to Hit $27.29 Billion by 2020 – New Report by MarketsandMarkets

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According to the new market research report, Software Defined Radio Communication Market is an evolving technology that can be deployed in cellular base stations, battlefield radios, and homeland security systems. http://www.marketsandmarkets.com/Market-Reports/software-defined-radio-communication-market-11265833.html

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Major players in this market include: Rockwell Collins Inc. (U.S.), ITT Corporation (U.S.), BAE Systems Plc. (U.K.), Northrop Grumman Corporation (U.S.), Harris Corporation (U.S.), Thales Defense & Security Inc. (U.S.), Flex Radio Systems Inc. (U.S.).

This report describes the market trends, drivers, and challenges with respect to the Software Defined Radio Communication Market and forecasts the market up to 2020. This global report gives a detailed view of the market across the four geographies, namely - Americas, Europe, Asia-Pacific, and RoW. Americas and Europe are the largest geography in terms of the market value. Asia-Pacific has been identified as the fastest growing region, with Japan leading the race, while the RoW is also among the major regions that are adding to the growth of this market. The report profiles the 10 most promising players in the Software Defined Radio market.

The report "Software Defined Radio Communication Market by Component (FPGA, DSP, GPP, PSOC, Amplifier, and Software), Application (Military, Telecommunication, Short Range, Positioning, Transportation, and Public Safety), & Geography - Analysis & Forecast to 2014 - 2020", defines and segments the software defined radio communication market into various segments with an in-depth analysis and forecasting of revenues. This research report also identifies the factors driving this market, various restraints, challenges and opportunities impacting it along with the future roadmaps.

Browse 85 market data tables and 79 figures spread through 200 pages and in-depth TOC on “Software Defined Radio Communication Market - Analysis & Forecast to 2014 - 2020".

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Early buyers will receive 10% customization on this report.

The software defined radio communication market by application, is segmented on the basis of military applications, which is further sub-segmented into the land, airborne, and naval type. The other major applications that are covered in the report are public safety/civilian government, telecommunication infrastructure, and short range communication equipment. The positioning applications include global positioning system, GLONASS and other positioning systems such as Galileo and BeiDou. The transportation application consists of intelligent transport systems and automotive wireless electronics. The remaining applications are cognitive radios and cellular phones, which are also expected to act as a good prospect for the software defined radio in near future.

The Software Defined Radio Communication Market entails a great potential across various applications. This market is expected to become a dominant amongst the technology markets because of the upcoming radio technologies. The software defined radio communication market is expected to reach $27.29 Billion by 2020 at a CAGR of 12.5%.

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The increasing demand for reliable communication devices plays a vital role for the growth of this market. Software defined radio provides various advantages of flexibility, interoperability, and re-configurability; which serves as a prominent advantage for its deployment in commercial and homeland security.

Get the copy of the report at http://www.marketsandmarkets.com/Market-Reports/software-defined-radio-communication-market-11265833.html.

The competitive landscape of the market presents a very interesting picture, wherein the market players from different blocks of the software defined radio value chain have come together to become a force to reckon with. The market is witnessing a large scale collaboration and partnership across the value chain with a number of tier-one players around the globe.

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