Australia Software Defined Radio Market Size & Outlook
Australia software defined radio market, 2018-2030 (US$M)
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Australia software defined radio market highlights
- The Australia software defined radio market generated a revenue of USD 839.8 million in 2023 and is expected to reach USD 1,667.3 million by 2030.
- The Australia market is expected to grow at a CAGR of 10.3% from 2024 to 2030.
- In terms of segment, joint tactical radio system was the largest revenue generating type in 2023.
- Cognitive Radio is the most lucrative type segment registering the fastest growth during the forecast period.
Software defined radio market data book summary
| Market revenue in 2023 | USD 839.8 million |
| Market revenue in 2030 | USD 1,667.3 million |
| Growth rate | 10.3% (CAGR from 2023 to 2030) |
| Largest segment | Joint tactical radio system |
| Fastest growing segment | Cognitive Radio |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | General Purpose Radio, Joint Tactical Radio System, Cognitive Radio, TETRA |
| Key market players worldwide | Analog Devices Inc, TTM Technologies Inc, BAE Systems PLC, RTX Corp, TransDigm Group Inc, DataSoft, Elbit Systems Ltd, Huawei Technologies, Indra Sistemas SA ADR, L3Harris Technologies Inc, Microchip Technology Inc, Northrop Grumman Corp, Renesas Electronics Corp, STMicroelectronics NV, Texas Instruments Inc |
Other key industry trends
- In terms of revenue, Australia accounted for 3.0% of the global software defined radio market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China software defined radio market is projected to lead the regional market in terms of revenue in 2030.
- India is the fastest growing regional market in Asia Pacific and is projected to reach USD 2,492.6 million by 2030.
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Software Defined Radio Market Scope
Software Defined Radio Market Companies
| Name | Profile | # Employees | HQ | Website |
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Australia 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 32.63% in 2023. Horizon Databook has segmented the Australia 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.
The country’s inclination towards technological innovation, coupled with a strong focus on defense and communication infrastructure, has propelled the software defined radio market growth. For instance, in April 2023, Rohde & Schwarz partnered with Australian Defense Force to enhance military communications network.
The company is expected to supply software-defined radios and liquid-cooled high-frequency (HF) transmitters for the JP9101 Enhanced Defense High-Frequency Communications System (EDHFCS). This program aims to equip the Australian and allied armed forces with advanced capabilities, enabling secure communication through voice and data from any global location.
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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 country-level data and insights on the Australia software defined radio market , including forecasts for subscribers. This country databook contains high-level insights into Australia software defined radio market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Australia software defined radio market size, by type, 2018-2030 (US$M)
Australia Software Defined Radio Market Outlook Share, 2023 & 2030 (US$M)
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