Global Software Defined Radio (SDR) Market – Industry Trends and Forecast to 2029

Global Software Defined Radio (SDR) Market, By Component (Transmitter, Software and Receiver), Type (TETRA, JTRS and Cognitive/Intelligent Radio), Band (VHF Band, HF Band, UHF Band and Others), Application (Homeland Security, Defence and Commercial), End User (Telecommunication, Transportation, Military, Positioning Systems and Others) – Industry Trends and Forecast to 2029.

Software Defined Radio (SDR) Market Analysis and Size

SDR is widely used in next generation maritime mobile coastal batteries to enable high-speed data and secure voice communication with anti-jamming capability. Many private companies are eager to produce cutting-edge software defined radios with advanced features and increased compliance flexibility. Software defined radio is a game changer in the field of communication systems and strategic areas. SDR is expected to have a significant impact on net-centric warfare in the coming years.

Data Bridge Market Research analyses that the software defined radio (SDR) market which was growing at a value of 20.03 billion in 2021 and is expected to reach the value of USD 40.20 billion by 2029, at a CAGR of 9.10% during the forecast period of 2022-2029. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, geographically represented company-wise production and capacity, network layouts of distributors and partners, detailed and updated price trend analysis and deficit analysis of supply chain and demand.

Software Defined Radio (SDR) Market Scope and Segmentation

Market Definition

A software defined radio (SDR) is a radio frequency communication tool that uses software installed on a desktop computer to perform signal-processing tasks. It performs the functions of amplifiers, filters, mixers, modulators/demodulators, and detectors via a receiver, transmitter, software application, and various other auxiliary systems. By default, it has a wide frequency range and can be programmed to work at a specific frequency within that range. It can also be reconfigured, replacing multiple radios with a single unit and providing the user with increased flexibility, cost-effectiveness, and interoperability.

Global Software Defined Radio (SDR) Market Dynamics

Drivers

• Growing need for stable connections and higher data speed

One of the key factors driving market growth is the growing need for military modernization and the growing demand for enhanced situational awareness. SDRs and other advanced communication systems are used in military units to improve defence communication systems that do not have hardware constraints. The widespread use of SDR in telecommunications is also boosting market growth. Network operators are using SDR software in conjunction with Network Function Virtualization (NFV) to improve connectivity solutions in order to meet the growing demand for stable connections and higher data speeds.

• Digitization in SDR technologies

Various advancements, such as the development of next-generation internet protocol (IP) systems that can be tailored to 4G and wireless spectrums, are encouraging the market. Another major growth-inducing factor is the increasing shift from analogue to digital SDR. SDR is expected to be the foundational technology for the delivery of telecommunications services such as digital television, radio broadcasts, and video streaming channels. Other factors, such as the integration of the Internet of Things (IoT) with wireless devices and extensive R&D in the field of telecommunications, are expected to drive the market even further.

Opportunities

• Intervention of LTE and 5g technologies

The increasing commercialization of LTE commercial cellular technology and the emergence of 5G technology are expected to boost SDRs demand in the coming years. LTE technology is currently operating in the 450 MHz to 3.8 GHz range, and it is expected to reach 5 GHz soon, fuelling the growth of the software-defined radio (SDR) market.

Restraints

• High development cost

The SDR necessitates extensive software development as well as a complex PCB structure, which raises the cost and poses a challenge to market growth.

This software defined radio (SDR) market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the software defined radio (SDR) market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.

Impact and Current Market Scenario of Raw Material Shortage and Shipping Delays

Data Bridge Market Research offers a high-level analysis of the market and delivers information by keeping in account the impact and current market environment of raw material shortage and shipping delays. This translates into assessing strategic possibilities, creating effective action plans, and assisting businesses in making important decisions.

Apart from the standard report, we also offer in-depth analysis of the procurement level from forecasted shipping delays, distributor mapping by region, commodity analysis, production analysis, price mapping trends, sourcing, category performance analysis, supply chain risk management solutions, advanced benchmarking, and other services for procurement and strategic support.

COVID-19 Impact on Global Software Defined Radio (SDR) Market

The COVID-19 epidemic has disrupted global economic activity. This epidemic has also been aided by the development of defined radio systems, sub-systems, and components. Although software production, as exemplified by military radio broadcasting, is critical, supply chain disruptions have currently halted production. The level of exposure to COVID-19, which is the level at which production operations are performed while keeping export and import regulations in mind, among other factors, determines the resumption of production activities. While businesses continue to accept orders, delivery schedules may not be adjusted. Despite the fact that the pandemic has had a significant impact on the market, it is expected to grow steadily due to technological advancements and rapid adaptation.

Expected Impact of Economic Slowdown on the Pricing and Availability of Products

When economic activity slows, industries begin to suffer. The forecasted effects of the economic downturn on the pricing and accessibility of the products are taken into account in the market insight reports and intelligence services provided by DBMR. With this, our clients can typically keep one step ahead of their competitors, project their sales and revenue, and estimate their profit and loss expenditures.

Recent Development

• In April 2021 Leonardo was chosen by Boeing to supply SWave Airborne SDR SRT-800 radios for the NATO countries' E-3A Airborne Warning and Control System (AWACS) aircraft fleet. The contract was awarded under the FLEP (Final Lifetime Extension Programme) to extend the company's operational viability through 2035. The SRT-800 radios can replace a variety of previously separate avionic units, including UHF/VHF radios, SATCOM, SINCGARS, and a crypto device.
• In October 2020 General Dynamics Mission Systems introduced the URC-300 software-defined radio, which can support multiple waveforms and provide radio frequency (RF) support to ground-to-air, line-of-sight, and other mission-critical applications.
• In July 2020 The US Navy awarded Ultra Electronics a 10-year indefinite-delivery/indefinite-quantity (IDIQ) contract to develop, deliver, and service the Amphibious Tactical Communications System (ATCS). (Based on ORION SDR system). The ATCS will enable ship-to-ship, ship-to-shore, and ship-to-ship C2 data and video communication. The initial order is worth USD 26.8 million, and the IDIQ contract has a ceiling value of approximately USD 145.38 million.

Global Software Defined Radio (SDR) Market Scope

The software defined radio (SDR) market is segmented on the basis of component, type, band, application and end user. The growth amongst these segments will help you analyse meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.

Component

• Transmitter
• Software
• Receiver

Type

• TETRA
• JTRS
• Cognitive/Intelligent Radio

End user

• Telecommunication
• Transportation
• Military
• Positioning Systems
• Others

Band

• VHF Band
• HF Band
• UHF Band
• Others

Application

• Homeland Security
• Defence
• Commercial

Software Defined Radio (SDR) Market Regional Analysis/Insights

The software defined radio (SDR) market is analysed and market size insights and trends are provided by country, component, type, band, application and end user as referenced above.

The countries covered in the software defined radio (SDR) market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.

North America region had the highest revenue share of the global software defined radio (SDR) market North America will dominate the software defined radio industry in 2021 due to the Joint Tactical Networking Center (JTNC) programme, which provides technical support for wireless communication systems to the US Department of Defense. Software defined radio systems are widely used in the defence sector as a result of research projects and the unification of all communication systems in state and federal agencies across North America. Furthermore, increased funding from the US government for next-generation radio communication systems that can accommodate X-band frequencies is driving demand for software defined radio systems.

Asia-Pacific region is expected to grow at the fastest rate. Terrorism has increased in Asian countries such as Pakistan, Bangladesh, and Afghanistan. As a result, regional intelligence and military organizations are progressively implementing SDR to improve communication systems, allowing for safe collaboration, better information sharing, and shared situational analysis. Furthermore, law enforcement's desire for improved communication during natural disasters drives the demand for software defined radio systems. Moreover, government investment in SDR research and development in countries like China and Australia are projected to fuel demand for software defined radio systems throughout the Asia-Pacific.

The country section of the report also provides individual market impacting factors and changes in market regulation that impact the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of Global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.   

Competitive Landscape and Software Defined Radio (SDR) Market Share Analysis

The software defined radio (SDR) market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, Global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to software defined radio (SDR) market.

Some of the major players operating in the software defined radio (SDR) market are:

• Broadcom (U.S.)
• 3M (U.S.)
• Texas Instruments Incorporated (U.S.)
• Telit (U.K.)
• STMicroelectronics (Switzerland)
• Sony Corporation (Japan)
• AVERY DENNISON CORPORATION (U.S.)
• SAMSUNG (South Korea)
• Panasonic Corporation (Japan)
• Alpine Electronics Inc. (Japan)
• NXP Semiconductors (Netherlands)
• Polaris Inc. (U.S.)
• FeliCa Networks, Inc. (Japan)
• CCL Industries (Canada)
• LINTEC Corporation (Japan)
• Robert Bosch GmbH (Germany)
• Telefonaktiebolaget LM Ericsson (Sweden)