Global Software-Defined Radio (SDR) Markets to 2024 - Increase in Demand of SDR in Homeland Security & Commercial Applications Presents Lucrative Potential - ResearchAndMarkets.com
Summary
DUBLIN--(BUSINESS WIRE)--The "Global Software-Defined Radio (SDR) Market: Focus on Platform (Land, Airborne, Naval, and Space), Frequency Band, Component, and Application - Analysis and Forecast, 2019-2024" report has been added to ResearchAndMarkets.coms offering. The North America region dominated the global software-defined radio market in 2018, whereas Asia-Pacific is expected to have the highest growth rate during the forecast period. The global software-defined radio market has gained widespread importance in military operations due to increasing political conflicts, migrations issues, and extensive up-gradation defense programs. According to the analysis, China, Japan, South Korea, and India are majorly contributing to the growth of the market in the Asia-Pacific region. Moreover, owing to a smaller number of manufacturing companies in the Asia-Pacific region, there is a vast scope of opportunities for both new and already established market players.