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Global Cognitive Radio Market Will Grow at a CAGR 16.6% and Reach USD 8.18 Billion by 2023, from USD 3.25 Billion in 2017

 

Lewes, DE -- (SBWIRE) -- 02/16/2019 -- Global Cognitive Radio market will register a 16.6% CAGR in terms of revenue, reach US$ 8180 million by 2023, from US$ 3250 million in 2017.

This report covers the present scenario (with the base year being 2017) and the growth prospects of global Cognitive Radio market for 2018-2023.

The cognitive radio market is segmented on the basis of components into software tools, hardware, and services. The software tools segment is expected to hold the largest market size during the forecast period. Software tools play an important role in the cognitive radio market. Components that are integrated with the hardware of the radio communication systems, such as amplifiers, detectors, and modulators/demodulators, are embedded using the related software tools. Therefore, software tools are an important component of the cognitive radio ecosystem.

In the applications segment, the spectrum sensing application is expected to hold the largest market size during the forecast period. The spectrum sensing application of the cognitive radio involves observing and updating the status of the spectrum and the movement of the licensed or primary users, by periodically sensing the frequency band. Spectrum sensing enables the cognitive radio transceiver to sense any spectrum hole or idle spectrum at a particular time, location, or band. It also identifies the way of accessing the spectrum hole without interfering the communication of the primary users.

In the end-users segment, the government and defense segment is expected to have the largest market size during the forecast period. The governments of various countries are focused on developing and implementing advanced communication technologies, such as cognitive radios and Software-Defined Radio (SDR), for serving the requirements of the modern nature of warfare as well as ensuring public safety and security.

Over the next five years, study projects that Cognitive Radio will register a 16.6% CAGR in terms of revenue, reach US$ 8180 million by 2023, from US$ 3250 million in 2017.

This report presents a comprehensive overview, market shares, and growth opportunities of Cognitive Radio market by product type, application, key manufacturers and key regions.

To calculate the market size, study considers value and volume generated from the sales of the following segments:

Segmentation by product type:
Government and Defense
Telecommunication
Transportation

Segmentation by application:
Spectrum Sensing
Spectrum Analysis
Spectrum Allocation
Location Tracking
Cognitive Routing

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report:
BAE Systems
Raytheon Company
Thales Group
Rohde & Schwarz
Spectrum Signal Processing
XG Technology
Nutaq
Ettus Research
Shared Spectrum Company
Datasoft Corporation

In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.

Research objectives
To study and analyze the global Cognitive Radio consumption (value & volume) by key regions/countries, product type and application, history data from 2013 to 2017, and forecast to 2023.
To understand the structure of Cognitive Radio market by identifying its various subsegments.
Focuses on the key global Cognitive Radio manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Cognitive Radio with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Cognitive Radio submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.

Spanning over 135 pages "Forecast of Global Cognitive Radio Consumption Market Report 2023" report covers Scope of the Report, Executive Summary, Global Cognitive Radio by Players, Cognitive Radio by Regions, Market Drivers, Challenges and Trends, Marketing, Distributors and Customer, Global Cognitive Radio Market Forecast, Key Players Analysis, Research Findings and Conclusion.

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