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  • Software Defined Radios Market Growth Analysis | 2022-2028

    Software Defined Radios Market Growth Analysis | 2022-2028

    Software Defined Radios Market Growth Analysis | 2022-2028
    Report code - SR2079 Delivery - 2 Weeks
    Software Defined Radios Market Size, Share, Trend, Forecast, Competitive Analysis, and Gro See more...

    Market Insights

    The Software Defined Radios Market was estimated at US$ 11.5 billion in 2021 and is expected to grow at a CAGR of 4.7% during 2022-2028 to reach US$ ~15.3 billion in 2028.

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    What are software defined radios?

    Software defined radios (SDRs) are versatile communication devices that use software-based signal processing to transmit and receive radio frequencies. Unlike traditional hardware-dependent radios, SDRs rely on programmable software-defined components, such as analog-to-digital converters and digital signal processors, enabling adaptability across various wireless standards and frequencies. Users can reconfigure SDRs through software updates, making them ideal for rapidly changing communication environments, from amateur radio to military applications. SDRs enhance flexibility, reduce hardware costs, and simplify research and development in wireless communication, making them a cornerstone technology for modern radio systems.

    Market Dynamics

    Over the years, there has been a fast change in the requirements for communications systems for various operations carried out by military forces, space agencies, and government bodies. The earlier-developed software-defined radios (SDRs) are now largely insufficient to accommodate the various activities in present-day communication systems. The older radios weren't mobile enough for troops stationed in challenging terrain since they were bulky and hefty (both in weight and size). The desire for lighter and more agile SDR systems has been influenced by these mobility-related requirements and the application of communication principles.

    Industry participants are concentrating on creating and developing brand-new, enhanced SDRs to replace current communication systems globally. With the aid of new initiatives, government representatives actively promote such developments. Called, for instance, the US Defense Advanced Research Projects Agency (DARPA) announced the launch of a new project for Wideband Adaptive RF Protection (HR001120S0027) (WARP). This will assist industry participants in creating wideband SDRs that are very useful in areas with a crowded spectrum.

    Because older equipment requires a lot of amenities for transportation, thus limiting its flexibility in terms of deployment, there is a growing need for next-generation software-defined radio equipment. Modern network-enabled applications have higher bandwidth requirements than can be satisfied by the older SDR equipment. Aside from that, outdated hardware is more susceptible to sophisticated electronic assaults and network interferences. These concerns have caused governments to spend more money purchasing cutting-edge communication technology that delivers great durability, flexibility, and ease of setup in an unforgiving environment.

    On the other hand, when installing or loading new software in an SDR unit through an over-the-air update, there is a considerable risk of a security compromise. There is a significant chance that unlicensed and potentially harmful software may be installed on the given platform. The procedure is comparable to installing software on a laptop or desktop computer, where dangerous actions must be prevented. Worries about unlicensed codes constrain the market's expansion since they threaten device communication capabilities and the security of users' assets. The expansion of sales of communication systems, particularly software-defined radios, will be hampered by such security worries.

    Covid-19 Impact

    COVID-19 has seriously harmed the economies of several nations throughout the world. The pandemic has also influenced the production of software-defined radio systems, subsystems, and components. Although the production of software-defined radios for military applications is crucial, supply chain interruptions have temporarily stopped production. The extent of COVID-19 exposure, the efficiency of manufacturing processes, and import-export laws are some elements that determine when manufacturing may resume. Orders may still be placed with businesses, but delivery dates may not yet be set. According to industry analysts, defense agencies are concentrating more on areas critical to national security.

    Software Defined Radios Market Report Overview

    Market Size in 2028

    US$ ~15.3 billion

    Market Size in 2021

    US$ 11.5 billion

    Market Growth (2022-2028)

    4.7% CAGR

    Base Year of Study


    Trend Period


    Forecast Period



    Several investments/guidelines in the industry have been directed in recent years, which would boost the overall Market. Some of them are:

    • Government bodies undertake strategic investments and partnerships with businesses to provide additional SDRs. For instance, in 2020, the US Army awarded a contract of around USD 406 million to Collins Aerospace, a Raytheon Technologies Corporation division, to purchase the ARC-231A radio system. These contracts and agreements will encourage the communication system industry to use new SDR products.

    Segments Analysis

    By Platform Type

    The market is segmented into land, Naval, Airborne, and Space. The land segment will lead the software-defined radio market during the forecast period. Installation of mobile and stationary units is part of the land segment. In the next years, the expansion of the land sector is anticipated to be supported by the increasing need for SDRs used in military vehicles and cellular stations. The Joint Tactical Radio System (JTRS) initiative in the US led to the development of one of the military software-defined radios for land platforms.

    By Components Type

    The market is segmented into General-purpose processors, Digital signal processors, Field programmable gate arrays (FPGA), Application-specific integrated circuits (ASIC), amplifiers, converters, Software, and Others. For the forecast period, the cognitive/intelligent radio category is anticipated to develop at the fastest CAGR.

    Regional Analysis

    In terms of regions, North America is likely to maintain its supremacy in the Software Defined Radios Market throughout the forecast period.  In North America, the US is the country with the biggest market for software-defined radios. Since the 1990s, the nation has led the world in software-defined radios. The US launched the Joint Tactical Radio System (JTRS) initiative to create the Software Communication Architecture (SCA). These applications aid in the creation of sophisticated software-defined radios. Software-defined radio systems are widely employed in the military industry due to research initiatives and the unification of all communication systems across North American state and federal agencies. The need for software-defined radio systems is also fueled by the US government's increasing financing for developing next-generation radio communication systems that can support X-band frequencies.

    Concurrently, the Software Defined Radios Market in the Asia Pacific is anticipated to expand at the highest CAGR during the forecast period. The growth in terrorism in Asian countries like Pakistan, Bangladesh, and Afghanistan is to blame for this increase. Regional intelligence and military agencies are gradually deploying SDR to enhance communication systems and enable secure cooperation, greater information sharing, and shared situational analysis. Law enforcement's need for better communication during disasters also fuels the demand for software-defined radio systems. Furthermore, it is anticipated that government funding for SDR research and development in nations like China and Australia would increase demand for software-defined radio systems across the Asia Pacific.

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    Key Players

    There is stiff competition in the software-defined radios market. The growth of the companies is directly dependent on industry conditions and government support. These companies differentiate their software-defined radios based on their quality and penetration in the target and emerging markets. Also, some major mergers and acquisitions in the industry recently have significantly influenced the competitive dynamics. For example:

    • In July 2020, the internal and exterior communication systems for Den Helder, the combat support ship for the Royal Netherlands Navy, will be delivered and installed, according to a strategic agreement signed by Rohde & Schwarz and Damen Schelde Naval Shipbuilding (DSNS). The communications system integrator for DSNS will be Rohde & Schwarz.
    • The Swedish Army awarded Elbit Systems a contract in July 2020 to provide 1,000 E-LynX Software Define Radio (SDR) systems. The E-LynX handheld and mobile versions are part of the product supply, which Elbit Systems' German subsidiary will handle. The firm will be able to bring in new clients from around the world thanks to this contract for items with cutting-edge characteristics.

    The overall competitive landscape has been affected due to these mergers and acquisitions. The following are the major players in the software-defined radios market:

    • Raytheon Company
    • Northrop Grumman Corporation
    • Collins Aerospace Systems
    • Harris Corporation
    • L3 Technologies, Inc.
    • BAE Systems
    • Huawei Technologies Co., Ltd.
    • Datasoft Corporation
    • Elbit Systems
    • General Dynamics
    • Leonardo
    • Rohde & Schwarz
    • Thales Group
    • ViaSat

    Research Methodology

    This report offers high-quality insights and is the outcome of a detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders, and validation and triangulation with Stratview Research’s internal database and statistical tools. More than 1,000 authenticated secondary sources, such as company annual reports, fact books, press releases, journals, investor presentations, white papers, patents, and articles, have been leveraged to gather the data. We conducted more than 15 detailed primary interviews with the market players across the value chain in all four regions and industry experts to obtain both qualitative and quantitative insights.

    Report Features

    This report provides market intelligence in the most comprehensive way. The report structure has been kept such that it offers maximum business value. It provides critical insights into the market dynamics and will enable strategic decision-making for the existing market players as well as those willing to enter the market.

    What Deliverables Will You Get in this Report?

    Key questions this report answers

    Relevant contents in the report

    How big is the sales opportunity?

    In-depth Analysis of the Software Defined Radios Market

    How lucrative is the future?

    Market forecast and trend data and emerging trends

    Which regions offer the best sales opportunities?

    Global, regional, and country-level historical data and forecasts

    Which are the most attractive market segments?

    Market segment analysis and Forecast

    Which are the top players and their market positioning?

    Competitive landscape analysis, Market share analysis

    How complex is the business environment?

    Porter’s five forces analysis, PEST analysis, Life cycle analysis

    What are the factors affecting the market?

    Drivers & challenges

    Will I get the information on my specific requirement?

    10% free customization

    Customization Options

    With this detailed report, Stratview Research offers one of the following free customization options to our respectable clients:

    Company Profiling

    • Detailed profiling of additional market players (up to three players)
    • SWOT analysis of key players (up to three players)

    Competitive Benchmarking

    • Benchmarking of key players on the following parameters: Product portfolio, geographical reach, regional presence, and strategic alliances

    Custom Research: Stratview Research offers custom research services across sectors. In case of any custom research requirement related to market assessment, competitive benchmarking, sourcing and procurement, target screening, and others, please send your inquiry to sales@stratviewresearch.com

    Frequently Asked Questions (FAQs)

    The software defined radios market is estimated to grow at a healthy CAGR of 4.7% over the next five years.

    The software defined radios market is likely to reach US$ ~15.3 billion in 2028.

    The major players in the market are Raytheon Company, Northrop Grumman Corporation, Collins Aerospace Systems, Harris Corporation, L3 Technologies, Inc., BAE Systems, Huawei Technologies Co., Ltd., Datasoft Corporation, Elbit Systems, General Dynamics, Leonardo, Rohde & Schwarz, Thales Group, ViaSat.

    North America is likely to maintain its supremacy in the Software Defined Radios Market throughout the forecast period.

    The software defined radios market in the Asia Pacific is anticipated to expand at the highest CAGR during the forecast period.

    The land segment will lead the software-defined radio market during the forecast period.


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