Europe Software Defined Radios Market is Expected to Reach $5882.4 million in 2019 - New Report by MicroMarket Monitor
(PR Web Via Acquire Media NewsEdge) (PRWEB) August 30, 2014
The European software defined radios (SDR) market is estimated at $3,502.2 million in 2014, and it is expected to reach $5882.4 million by 2019.The European SDR market is expected to grow at a CAGR of 11.4% from 2014 to 2019.
Browse through the TOC of the Europe Software Defined Radios market report, to get an idea of the in-depth analysis provided. This also provides a glimpse of the segmentation in the Europe software defined radios market, and is supported by various tables and figures.
Software defined radios are increasingly being used by defense forces around the world. The flexibility and versatility offered by SDRs is insurmountable by the existing radio communication systems. SDRs provide great flexibility for troops when communicating with units of different platforms by utilizing different communication frequency. This has made SDRs indispensable for combat forces.
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Europe constitutes 29% of the total global SDR market, and will continue to have a major share of the total market. The market will be predominantly driven by the defense and homeland security segment. The European defense segment will be driven by the European Secure Software-defined Radio (ESSOR) program, other country-specific programs, and delivery of F-35 fighters to countries in Europe. The commercial segment will be driven by the growth in telecom sector.
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Driving factors such as increase in modernization and interoperability are few reasons which will fuel the growth of software defined radio market. However, the integration among equipment as well as government policies are some of the reasons that will restrain the growth of this market.
This report also includes the market share and value chain analyses, along with market metrics such as drivers and restraints. In addition, it presents a competitive landscape and company profiles of the key players in this market.
North America Software Defined Radios Market
Software Defined Radios (SDRs) are radios in which some or all of the physical layer functions are defined by software.The Software Defined Radios market in North America is currently estimated at $3,675 million and is expected to grow at a CAGR of 11% to $7,019 million by 2020. This report provides an in-depth analysis of the North American software defined radio (SDR) market for the next six years.
The North American software defined radios market is segmented into defense, commercial, and homeland security. The defense segment is sub-segmented into airborne, naval, and land-based defense. SDR application across all segments will be covered. The geographic trend of the three aforementioned segments across the whole region is also included.
Asia-Pacific Software Defined Radios Market
This report provides an in-depth analysis of the Asia-Pacific software defined radio market for the next six years. It also provides an insight into the regional trends to analyze its market share.The APAC software defined radios market is segmented into defense, commercial, and homeland security. The defense segment is sub-segmented into airborne, naval, and land-based defense. SDR application across all segments will be covered. The geographic trend of the three aforementioned segments across the whole region is also included.
Asia-Pacific represents one of the biggest markets for SDRs and constitutes 19% of the total market. Key countries in the Asia-Pacific region such as Japan, Korea, and India have further growth potential. India and South Korea have started their own tactical communication programs based on SDR. India, South Korea, and Japan have territorial disputes with China; hence, they are modernizing their respective military hardware and moving toward more network-centric operational capability.
About MicroMarket Monitor:
MicroMarket Monitor identifies and attends to various unmet needs of different industrial verticals, which include value chain impact analysis. The company publishes about 12000 Market Research Reports on various Micro Markets across the world. The graphical nature and multidimensional analysis of these reports provide advanced Business Intelligence Tools to the clients in that particular target market.
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