Canada Cognitive Radio Market Size & Outlook, 2024-2030
Canada cognitive radio market, 2018-2030 (US$M)
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Canada cognitive radio market highlights
- The Canada cognitive radio market generated a revenue of USD 544.7 million in 2023 and is expected to reach USD 1,716.8 million by 2030.
- The Canada market is expected to grow at a CAGR of 17.8% from 2024 to 2030.
- In terms of segment, software was the largest revenue generating component in 2023.
- Software is the most lucrative component segment registering the fastest growth during the forecast period.
Cognitive radio market data book summary
| Market revenue in 2023 | USD 544.7 million |
| Market revenue in 2030 | USD 1,716.8 million |
| Growth rate | 17.8% (CAGR from 2023 to 2030) |
| Largest segment | Software |
| Fastest growing segment | Software |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Hardware, Software, Services |
| Key market players worldwide | BAE Systems PLC, RTX Corp, Vislink Technologies Inc, DataSoft, EpiSci, Ettus Research, Nutaq Innovations, Rohde & Schwarz, Thales Group, KNL Networks (Kyynel Ltd) |
Other key industry trends
- In terms of revenue, Canada accounted for 7.3% of the global cognitive radio market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In North America, U.S. cognitive radio market is projected to lead the regional market in terms of revenue in 2030.
- Canada is the fastest growing regional market in North America and is projected to reach USD 1,716.8 million by 2030.
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Cognitive Radio Market Scope
Cognitive Radio Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Canada cognitive radio market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to cognitive radio market will help companies and investors design strategic landscapes.
Software was the largest segment with a revenue share of 40.68% in 2024. Horizon Databook has segmented the Canada cognitive radio market based on hardware, software, services covering the revenue growth of each sub-segment from 2018 to 2030.
The market's favorable growth prospects is attributed to the integration of evolving technologies, particularly 5G, and the expanding adoption of cognitive radios within defense and government organizations.
Moreover, integrating cognitive radios with cloud computing and the internet of things (IoT) is expected to play a significant role in adopting cognitive radios, which is driving the market growth over the forecast period.
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Horizon Databook provides a detailed overview of country-level data and insights on the Canada cognitive radio market , including forecasts for subscribers. This country databook contains high-level insights into Canada cognitive radio market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Canada cognitive radio market size, by component, 2018-2030 (US$M)
Canada Cognitive Radio Market Outlook Share, 2024 & 2030 (US$M)
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