Market revenue in 2023 | USD 2,299.8 million |
Market revenue in 2030 | USD 7,673.2 million |
Growth rate | 18.8% (CAGR from 2023 to 2030) |
Largest segment | Software |
Fastest growing segment | Software |
Historical data covered | 2018 - 2022 |
Base year for estimation | 2023 |
Forecast period covered | 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) |
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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 43.6% in 2024. Horizon Databook has segmented the Europe cognitive radio market based on hardware, software, services covering the revenue growth of each sub-segment from 2018 to 2030.
The industry growth is majorly due to technological developments and increased use of IoT devices that can be integrated with cognitive radios for improved wireless communications. In addition, the region is also observing significant steps to establish a strong 5G network infrastructure to support the burgeoning demand for high-speed internet and low latency.
In January 2022, the government authorities of France and Germany announced to jointly work on four projects based on 5G applications with an investment of USD 20.1 million. This initiative aims to deliver innovative solutions to strengthen Europe’s ecosystem for 5G networks. Such initiatives is expected to boost the cognitive radio market demand over the forecast period.
Horizon Databook provides a detailed overview of continent-level data and insights on the Europe cognitive radio market , including forecasts for subscribers. This continent databook contains high-level insights into Europe cognitive radio market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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