Global Software Defined Radio Market Size & Outlook
Global software defined radio market, 2018-2030 (US$M)
Related Markets
Global software defined radio market highlights
- The global software defined radio market generated a revenue of USD 27,659.3 million in 2023 and is expected to reach USD 49,127.8 million by 2030.
- The market is expected to grow at a CAGR (2024 - 2030) of 8.6% by 2030.
- In terms of segment, joint tactical radio system accounted for a revenue of USD 9,165.4 million in 2023.
- Cognitive Radio is the most lucrative type segment registering the fastest growth during the forecast period.
- In terms of region, North America was the largest revenue generating market in 2023.
- Country-wise, U.S. is expected to register the highest CAGR from 2024 to 2030.
Global data book summary
| Market revenue in 2023 | USD 27,659.3 million |
| Market revenue in 2030 | USD 49,127.8 million |
| Growth rate | 8.6% (CAGR from 2023 to 2030) |
| Largest segment | Joint tactical radio system |
| Fastest growing segment | Cognitive Radio |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | General Purpose Radio, Joint Tactical Radio System, Cognitive Radio, TETRA |
Other key industry trends
- In terms of revenue, the North America accounted for 33.9% of the global software defined radio market in 2023.
- By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
- By country, U.S. is the fastest growing regional market and is projected to reach USD 11,832.2 million by 2030.
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Software Defined Radio Market Scope
Software Defined Radio Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Global software defined 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 software defined radio market will help companies and investors design strategic landscapes.
Joint tactical radio system was the largest segment with a revenue share of 33.14% in 2024. Horizon Databook has segmented the Global software defined radio market based on general purpose radio, joint tactical radio system, cognitive radio, tetra covering the revenue growth of each sub-segment from 2018 to 2030.
- Global Software Defined Radio Type Outlook (Revenue, USD Million, 2018-2030)
- General Purpose Radio
- Joint Tactical Radio System
- Cognitive Radio
- TETRA
- Global Software Defined Radio Component Outlook (Revenue, USD Million, 2018-2030)
- Hardware
- Antenna
- Transmitter
- Receiver
- Other Hardware
- Software
- Services
- Hardware
- Global Software Defined Radio Frequency Band Outlook (Revenue, USD Million, 2018-2030)
- High Frequency (HF)
- Very High Frequency (VHF)
- Ultra High Frequency (VHF)
- Other Frequency Band
- Global Software Defined Radio Platform Outlook (Revenue, USD Million, 2018-2030)
- Ground
- Naval
- Airborne
- Space
- Global Software Defined Radio End Use Outlook (Revenue, USD Million, 2018-2030)
- Aerospace & Defense
- Telecommunication
- Public Safety
- Commercial
- Other End Use
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Our clientele includes a mix of software defined radio market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of global-level data and insights on the Global software defined radio market , including forecasts for subscribers. This global databook contains high-level insights into Global software defined radio market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Global software defined radio market size, by regions, 2018-2030 (US$M)
Top 10 countries: Software defined radio market size, 2024 (US$M)
Global software defined radio market share, by type, 2024 & 2030 (%, US$M)
Software defined radio market: Opportunity assessment by country
Global software defined radio market, by region, 2024 (US$M)
| Type | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 | CAGR |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| North America | 6,878.1 | 7,301.7 | 7,733.2 | 8,198.5 | 8,705.6 | 9,268.7 | 9,885.5 | 10,561.7 | 11,293.3 | 12,094.9 | 12,965.4 | 13,922.4 | 14,975.6 | 7.2% |
| Europe | 5,586.5 | 5,978.6 | 6,383.8 | 6,824.2 | 7,307.2 | 7,846.2 | 8,440.5 | 9,096.6 | 9,812.8 | 10,603.5 | 11,470.0 | 12,430.1 | 13,495.3 | 8.2% |
| Asia Pacific | 4,719.1 | 5,128.9 | 5,561.0 | 6,035.1 | 6,559.7 | 7,148.5 | 7,803.4 | 8,532.8 | 9,337.6 | 10,234.4 | 11,227.5 | 12,337.9 | 13,581.2 | 9.7% |
| Latin America | 1,175.9 | 1,269.3 | 1,367.0 | 1,473.8 | 1,591.6 | 1,723.5 | 1,869.8 | 2,032.1 | 2,210.5 | 2,408.5 | 2,627.0 | 2,870.5 | 3,142.2 | 9.1% |
| MEA | 917.6 | 994.4 | 1,075.0 | 1,163.4 | 1,261.1 | 1,370.6 | 1,492.3 | 1,627.6 | 1,776.6 | 1,942.5 | 2,125.9 | 2,330.6 | 2,559.6 | 9.5% |
| Overall | 19,277.2 | 20,672.9 | 22,120.0 | 23,695.0 | 25,425.2 | 27,357.6 | 29,491.4 | 31,850.8 | 34,430.7 | 37,283.9 | 40,415.7 | 43,891.5 | 47,753.9 | 8.4% |
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