The global cognitive radio market is anticipated to grow at a significant CAGR during the forecast period (2021-2027). Many organizations are implementing cognitive radio technology to improve the customer experience, increase the return on investment (RoI), and gain a competitive advantage in the wireless communication industry globally. The major factor for the growth of the market during the forecast period is the growing technological advancements as well as optimized spectrum utilization. Moreover, the increasing adoption of the 5G technology is also driving the growth of the market. Additionally, North America held a larger share in the market owing to the developed economies and increased R&D coupled with a high rate of adoption of 5G technology in the region.
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Some major players in the market include BAE Systems, Raytheon Technologies Corp., and Thales Group, among others. The market players are contributing significantly to the growth of the market by the adoption of various strategies including mergers & acquisitions, geographical expansion, partnerships and collaborations, and new product launches, to stay competitive in the market. For instance, in July 2020, BAE Systems delivered the first shipment of its next-generation radiation-hardened software-defined radios (SDR) to Lockheed Martin Space enabled by its RAD5545 computer. These radios give spacecraft the performance, availability, reliability, and onboard signal processing capacity required for future space missions ranging from planetary exploration to communications, national security, surveillance, and weather missions.
Market Coverage
• The market number available for – 2020-2027
• Base year- 2020
• Forecast period- 2021-2027
• Segment Covered-
· By Component
· By Application
· By End-User
• Regions Covered-
· North America
· Europe
· Asia-Pacific
· Rest of the World
• Competitive Landscape– BAE Systems, Raytheon Technologies Corp., and Thales Group, among others.
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Global Cognitive Radio Market Report Segment
By Component
Ø Software Tools
· Radio Control and Reconfiguration Tools
· Spectrum Analyzer
· Policy and Configuration Database Manager
Ø Hardware
· Transmitter
· Receiver
Ø Services
· Professional Services
· Managed Services
By Application
• Spectrum Sensing
• Spectrum Analysis
• Spectrum Allocation
• Location Tracking
• Cognitive Routing
By End-User
• Government and Defense
• Telecommunication
• Transportation
• Others (Healthcare)
Global Cognitive Radio Market Report Segment by Region
North America
· United States
· Canada
Europe
· UK
· Germany
· Spain
· France
· Italy
· Rest of Europe
Asia-Pacific
· India
· China
· Japan
· South Korea
· Rest of APAC
Rest of the World
· Latin America
· Middle East & Africa
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