Brazil Software Defined Radio Market Size & Outlook
Brazil software defined radio market, 2018-2030 (US$M)
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Brazil software defined radio market highlights
- The Brazil software defined radio market generated a revenue of USD 883.1 million in 2023 and is expected to reach USD 1,672.2 million by 2030.
- The Brazil market is expected to grow at a CAGR of 9.5% 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 883.1 million |
| Market revenue in 2030 | USD 1,672.2 million |
| Growth rate | 9.5% (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, Brazil accounted for 3.2% 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 Latin America, Brazil software defined radio market is projected to lead the regional market in terms of revenue in 2030.
- Mexico is the fastest growing regional market in Latin America and is projected to reach USD 1,221.9 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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Brazil 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 34.92% in 2023. Horizon Databook has segmented the Brazil 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.
Brazil accounted for the highest market share of 50.5% in 2022, driven by increase in defense spending to upgrade defense communication systems. Furthermore, the software defined radio (SDR) market has seen significant growth owing to the growing demand for communication equipment that is more flexible and software programmable in the country.
The Brazilian Air Force (FAB) is continuously enhancing their technology by adopting innovative technologies. For instance, in January 2022, the FAB and AEL Sistema's, the Brazilian subsidiary of Elbit Systems, collaborated and recently concluded a series of effective flight tests.
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Horizon Databook provides a detailed overview of country-level data and insights on the Brazil software defined radio market , including forecasts for subscribers. This country databook contains high-level insights into Brazil software defined radio market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Brazil software defined radio market size, by type, 2018-2030 (US$M)
Brazil Software Defined Radio Market Outlook Share, 2023 & 2030 (US$M)
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