North America Cognitive Radio Market Size & Outlook
North America cognitive radio market, 2018-2030 (US$M)
Related Markets
North America cognitive radio market highlights
- The North America cognitive radio market generated a revenue of USD 2,493.5 million in 2023.
- The market is expected to grow at a CAGR of 17.6% 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.
- Country-wise, Canada is expected to register the highest CAGR from 2024 to 2030.
North America data book summary
| Market revenue in 2023 | USD 2,493.5 million |
| Market revenue in 2030 | USD 7,757.8 million |
| Growth rate | 17.6% (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, North America region accounted for 33.3% 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 |
|---|
North America 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 42.86% in 2024. Horizon Databook has segmented the North America cognitive radio market based on hardware, software, services covering the revenue growth of each sub-segment from 2018 to 2030.
The growth is attributed to the increasing adoption of cognitive radio across defense and government organizations. The strong presence of various major technology companies, such as Data soft Corporation, Shared Spectrum Company, and Raytheon Company providing high-end Cognitive Radio is the primary factor contributing to the market growth.
Moreover, the acquisition of government contracts by the regional companies is driving the market growth further over the forecast period. Navy Ships with SPY-6 radars. Such government contracts in the region are expected to drive the cognitive radio market growth over the forecast period.
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Horizon Databook provides a detailed overview of continent-level data and insights on the North America cognitive radio market , including forecasts for subscribers. This continent databook contains high-level insights into North America cognitive radio market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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North America cognitive radio market size, by country, 2018-2030 (US$M)
North America Cognitive Radio Market Outlook Share, 2024 & 2030 (US$M)
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