UK Cognitive Radio Market Size & Outlook, 2024-2030
UK cognitive radio market, 2018-2030 (US$M)
Related Markets
UK cognitive radio market highlights
- The UK cognitive radio market generated a revenue of USD 695.9 million in 2023 and is expected to reach USD 2,147.0 million by 2030.
- The UK market is expected to grow at a CAGR of 17.5% 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 695.9 million |
| Market revenue in 2030 | USD 2,147.0 million |
| Growth rate | 17.5% (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, UK accounted for 9.3% 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 Europe, Germany cognitive radio market is projected to lead the regional market in terms of revenue in 2030.
- Germany is the fastest growing regional market in Europe and is projected to reach USD 3,097.9 million by 2030.
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Cognitive Radio Market Scope
Cognitive Radio Market Companies
| Name | Profile | # Employees | HQ | Website |
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UK 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 43.61% in 2024. Horizon Databook has segmented the UK cognitive radio market based on hardware, software, services covering the revenue growth of each sub-segment from 2018 to 2030.
The country’s market strength is attributed to the ability to overcome radio spectrum scarcity to improve satellite communications and enhance service quality is resulting in the faster adoption of cognitive radios in the country, consequently driving the market growth.
In addition, key market players are significantly investing in the development of the infrastructure, which will augment the market demand. For instance, in November 2022, Ericsson, a comms tech and services provider, committed to invest multi-million pounds over next 10 years to boost country’s future wireless connectivity capabilities with 6G research program.
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Our clientele includes a mix of cognitive radio market companies, investment firms, advisory firms & academic institutions.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of country-level data and insights on the UK cognitive radio market , including forecasts for subscribers. This country databook contains high-level insights into UK cognitive radio market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
UK cognitive radio market size, by component, 2018-2030 (US$M)
UK Cognitive Radio Market Outlook Share, 2024 & 2030 (US$M)
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