Middle East & Africa Cognitive Radio Market Size & Outlook
Middle East & Africa cognitive radio market, 2018-2030 (US$M)
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MEA cognitive radio market highlights
- The MEA cognitive radio market generated a revenue of USD 479.5 million in 2023.
- The market is expected to grow at a CAGR of 16.4% 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.
MEA data book summary
| Market revenue in 2023 | USD 479.5 million |
| Market revenue in 2030 | USD 1,389.6 million |
| Growth rate | 16.4% (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) |
Other key industry trends
- In terms of revenue, MEA region accounted for 6.4% of the global cognitive radio market in 2023.
- Globally, North America is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 6,663.0 million by 2030.
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Cognitive Radio Market Scope
Cognitive Radio Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Middle East & Africa 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 42.96% in 2024. Horizon Databook has segmented the Middle East & Africa cognitive radio market based on hardware, software, services covering the revenue growth of each sub-segment from 2018 to 2030.
A prominent trend is the adoption of cognitive radio technology in smart city initiatives. Many Middle Eastern cities are investing in smart infrastructure, and cognitive radio is essential for optimizing spectrum utilization in these complex urban environments.
Additionally, there's a growing focus on defense and security applications, with governments in the region leveraging cognitive radio to enhance spectrum security and ensure reliable communication in critical scenarios. Regulatory reforms aimed at spectrum sharing and increased investment in research and development are also propelling the growth of cognitive radio technology in the region.
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Our clientele includes a mix of cognitive radio market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of continent-level data and insights on the Middle East & Africa cognitive radio market , including forecasts for subscribers. This continent databook contains high-level insights into Middle East & Africa cognitive radio market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Middle East & Africa cognitive radio market
Middle East & Africa Cognitive Radio Market Outlook Share, 2024 & 2030 (US$M)
Middle East & Africa cognitive radio market
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