North America Software Defined Radio Market Size & Outlook
North America software defined radio market, 2018-2030 (US$M)
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North America software defined radio market highlights
- The North America software defined radio market generated a revenue of USD 9,371.0 million in 2023.
- The market is expected to grow at a CAGR of 7.4% 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.
- Country-wise, Canada is expected to register the highest CAGR from 2024 to 2030.
North America data book summary
| Market revenue in 2023 | USD 9,371.0 million |
| Market revenue in 2030 | USD 15,406.5 million |
| Growth rate | 7.4% (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 |
| 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, North America region accounted for 33.9% of the global software defined 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 13,972.0 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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North America 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 32.97% in 2024. Horizon Databook has segmented the North America 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 Joint Tactical Networking Center (JTNC) program, which offers technical support for wireless communication systems to the US Department of Defense, helped North America to dominate the software defined radio industry.
The defense sector in North America has incorporated software-defined radio systems extensively, which is driven by research initiatives and efforts to unify communication systems within state and federal agencies.
This adoption is particularly prominent owing to the versatile nature of software-defined radio, facilitating seamless integration and interoperability across various defense applications. Furthermore, the US government increased funding for building next-generation radio communication systems that can accommodate X-band frequencies which drive the demand for software defined radio market.
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Horizon Databook provides a detailed overview of continent-level data and insights on the North America software defined radio market , including forecasts for subscribers. This continent databook contains high-level insights into North America software defined radio market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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North America software defined radio market size, by country, 2018-2030 (US$M)
North America Software Defined Radio Market Outlook Share, 2024 & 2030 (US$M)
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