Software Defined Radio Market Is Expected To Grow At a CAGR Of 10.3% FROM 2017-2026.

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According to Stratistics MRC, the “Global Software Defined Radio Market” is accounted for $18.32 billion in 2017 and is expected to reach $44.32 billion by 2026 growing at a CAGR of 10.3%. Increasing demand from telecommunication, raising investments for tactical communication from defense sector, and technological advancements in software defined radio are some of the major factors favouring the market growth during the forecast period. Furthermore, growths in portable connected devices are providing market growth opportunity. However, concerns about security, interoperability issues are the constraints limiting the market growth.

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A software-defined radio (SDR) is a type of radio transmission system where transmission of data or information is carried out by the use of software on embedded systems or personal computers. The hardware components, such as filters, mixers, amplifiers, detectors, modulators, and demodulators among others, are replaced by embedded systems. In software-defined radios, after the data from a source is converted into digital format, the remaining activities involved in radio communications are done with the help of software-driven automated functions. SDR is also capable of transmitting and receiving a range of frequencies. It enhances the tactical information system as embedded software used in SDR helps in the dynamic selection of the communication channel. Military, public safety and commercial use are the three major end-use applications of SDR systems.

Opportunity: Increase in demand for next-generation IP systems would provide ample opportunities for the market growth.

There is an increase in demand for next-generation IP systems, as one can enhance profitability by offering customers a range of IP network products across the systems that fetch new services to the market faster, diminish transaction costs, and augment the end-user experience. Next-generation highly mobile front-line communications are tending to move away from the high-power single line of contact methods, towards a low-power “mesh” system, where more operators are linked together by means of a multi-node mesh system. These systems are less susceptible to single points of failure and are expected to be self-healing, such that the communications packets find the best route to the destination based on traffic levels and available system bandwidth.    

Driver: Growing adoption of SDR in telecommunication will drive the market growth

Commercial wireless network standards are continuously changing, from 2G/3G to 4G and 5G. These changes cause problems for subscribers, wireless network operators, and equipment vendors; wherein subscribers are forced to buy new handsets whenever a new generation of network standards is deployed. Conversely, wireless network operators face tribulations during migration of the network from one generation to next owing to the presence of a large number of subscribers. Every time a new standard gets introduced in the market, the subscriber is supposed to buy a new handset. While, the incorporation of SDR chip in mobile handsets can fix this problem of migration, as only software upgrades will be adequate to solve the whole problem.

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Depending on the component, software segment is projected to witness significant growth due to increasing use in commercial applications and the requirement for new upgrades in software defined radios. The software in software defined radio (SDR) is used to define its specifications and functions. Software provides better flexibility for network load balancing and eliminating capacity bottlenecks for packet-switched core backhaul. Algorithms within SDR are downloadable and adjustable in the whole lifespan of the software defined radio. This enables the software defined radio to maintain flexibility and is ideal for commercial and defense applications. Its implementation in applications such as global positioning system, text messaging, remote radio monitoring, accessing voice, and data information is a major factor driving the software segment.

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By geography, the Asia Pacific region is expected to witness significant market growth during the forecast period, due to the need for enhanced communication by law enforcement during times of natural calamities and the rise in terrorism in Asian countries such as Bangladesh, Pakistan, and Afghanistan. Moreover, the growing global demand for military equipment, new products, and demand for advanced technologies is boosting the investments related to the retooling of the existing processes and expanding the technical capacities of the SDR market, particularly in Asia. In response, intelligence and military organizations in the region are increasingly deploying SDR to enhance communication systems enabling secure collaboration, improved information sharing, and shared situational analysis. In addition, government funding for R&D for SDR in countries such as China and Australia is expected to drive the demand for software defined radio systems in Asia Pacific.

Some of the key players in Software Defined Radio market include Array Systems Computing, Inc., Aselsan, BAE Systems PLC, Bharat Electronics Limited, Datasoft Corporation, Elbit Systems Ltd., Epiq Solutions, LLC, Ettus Research, FlexRadio Systems, In, General Dynamics, Harris, Huawei, Leonardo, National Instruments, Northrop Grumman, Rockwell Collins, Rohde & Schwarz, and Thales.  

Datasoft Corporation: In Nov 2016, DataSoft has introduced the SideBridge-Icom, a compact module that attaches directly to the side connector of the Icom portable land mobile radio and provides Bluetooth wireless connectivity to smartphones and tablets. Users can eliminate the cumbersome cable and use the radio network for communicating through phone and tablet applications. The SideBridge-Icom features a common headset connector so users can easily connect their push-to-talk headset for radio voice communication while enjoying the benefits of wireless connectivity to their device.

Epiq Solutions, LLC: In Apr, 2018, Epiq Solutions has introduced Sidekiq™ Z2, an industrial grade highly integrated wideband RF transceiver plus Linux computer on a tiny module measuring just 30mm x 51mm x 5mm. Sidekiq Z2 radically simplifies the typical RF product development cycle, allowing engineering teams to focus their efforts on their application instead of time-consuming RF design and integration tasks. Sidekiq Z2 is ideal for small form factor radio products needing flexibility and low power consumption, such as handheld RF test and measurement, remote RF sensing, wireless security applications, CubeSat/UAS datalinks, and more.

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