Software Defined Radio Communication Market worth $27.29 Billion by 2020, According to a New Study on ASDReports

Thursday 15 January 2015, Amsterdam

According to the new market research report, now available on ASDReports, "Software Defined Radio Communication Market by Component (FPGA, DSP, GPP, PSOC, Amplifier, and Software), Application (Military, Telecommunication, Short Range, Positioning, Transportation, and Public Safety), & Geography - Analysis & Forecast to 2014 - 2020" the software defined radio communication market is expected to reach $27.29 Billion by 2020 at a CAGR of 12.5% from 2014 to 2020, which includes an in-depth analysis of the components, applications, and geography.

The software defined radio communication market entails a great potential across various applications. This market is expected to become a dominant technology in terms of the upcoming radio technologies. The increasing demand for reliable communication devices plays a vital role for the growth of this market. Software defined radio provides various advantages of flexibility, interoperability, and re-configurability; which serve as a prominent advantage for its deployment in commercial and homeland security.

This report describes the market trends, drivers, and challenges with respect to the software defined radio communication market and forecasts the market up to 2020. This global report gives a detailed view of the market across the four geographies, namely - Americas, Europe, the Asia-Pacific, and RoW. Americas and Europeare the largest geography in terms of the market value. Asia-Pacific has been identified as the fastest growing region, with Japan leading the way,while the Row is also among the major regions that are helping in the growth of this market. The report profiles the 10most promising players in the Software Defined Radio market.

The competitive landscape of the market presents a very interesting picture, where in the market players from different blocks of the software defined radio value chain have got together to become a force to reckon with. The market is witnessing a large scale collaboration and partnership across the value chain with a number of tier-one players around the globe.

Major players in this market include: Rockwell Collins Inc. (U.S.), ITT Corporation (U.S.), BAE Systems Plc. (U.K.), Northrop Grumman Corporation (U.S.), Harris Corporation (U.S.), Thales Defense & Security Inc. (U.S.), FlexRadio Systems Inc. (U.S.), Datasoft Corporation (U.S.), L-3 Communication Holdings Inc. (U.S.), and Raytheon Co. (U.S.).