Worldwide software-defined radio demand to reach $27.3 billion by 2020 says MarketsandMarkets
DALLAS, 14 Nov. 2014. Worldwide demand for software-defined radio (SDR) systems and components will be worth nearly $27.3 billion by 2020, increasing at a combined annual growth rate of 12.5 percent from this year, predict analysts at market researcher MarketsandMarkets in Dallas.
The market forecast outlines the SDR market segmented by component, application, and geography in the report entitled Software Defined Radio Communication Market. The report describes market trends, drivers, and challenges through 2020, and gives a detailed view of the market across the Americas, Europe, the Asia-Pacific, and rest of the world.
Americas and Europe represent the largest SDR market during the forecast period, while Asia-Pacific is the fastest growing region, with Japan leading the way, analysts say.
The report also profiles the 10 most promising players in the SDR market, which analysts list as Rockwell Collins, ITT Corp., Northrop Grumman Corp., Harris Corp., Thales Defense & Security Inc., FlexRadio Systems Inc., Datasoft Corp., L-3 Communications, and Raytheon Co. in the U.S.; and BAE Systems in the United Kingdom.
MarketsandMarkets analysts break the component section of the SDR market down into field-programmable gate arrays (FPGAs); digital signal processors (DSPs); general-purpose processors, programmable systems on chip (PSOC); amplifiers; and software.
SDR applications, meanwhile, include military, telecommunication, short range, positioning, transportation, and public safety. The 200-page report includes 85 market data tables and 79 figures.
For more information contact MarketsandMarkets online at www.marketsandmarkets.com.