– The global software defined radio market is estimated to witness massive growth in forecast period, due to rising demand for advanced communication systems from defense sector. The North America is anticipated to hold largest market share by 2027
NEW YORK, Aug. 27, 2021 /PRNewswire/ — Research Dive has added a new report to its offering titled, “Software Defined Radio Market by Frequency Band (High Frequency, Very High Frequency, and Ultra-High Frequency), Component (Transmitter, Receiver, Software, and Auxiliary System), Platform (Land, Airborne, Naval, and Space), End User (Defense and Commercial), and Regional Analysis (North America, Europe, Asia-Pacific, and LAMEA): Global Opportunity Analysis and Industry Forecast, 2020–2027.”
Research Dive in its latest published report estimates that the Global Software Defined Radio Market will generate $16,455.8 million and exhibit a CAGR of 4.4% from 2020 to 2027.
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Market Dynamics
The demand for advanced military communication system is rising with increasing military…