The growth of the market for Technology and 5G is a crucial
contributing factor for the growth of the market of Cognitive Radio, as it is
globally adopted by organizations to enhance customer’s experience, gain a
competitive edge over the wireless communication industry and improve the
return on Investment (RoI).
Market Size – USD 4.1 billion in 2019, Market Growth - CAGR of 10.67%, Market Trends – Increasing Demand for 5G Technology.
The Cognitive Radio market is expected to grow from USD 4.1 billion in 2019 to USD 9.23 billion by 2026, at a CAGR of 10.67% during the forecast period. Cognitive Radio has witnessed a quantum leap in the market as it improves satellite communications, helps to overcome radio spectrum scarcity, and provides enhanced quality of service. The ease with which cognitive radio detects a vacant channel and switch to it avoiding the occupied ones helps to optimize the use of available radio-frequency (RF) spectrum and minimizes interference to other users.
Demand for 5th generation wireless systems is gaining traction with the
surging data traffic, an increase in mobile devices a rising number of mobile
applications. However, security concerns and high interference of channels are
major restraining factors in the growth of the market. The organizations
inhibit itself so as not to lose important confidential information.
Request Sample Report Of Cognitive Radio market Now@ https://www.reportsanddata.com/sample-enquiry-form/1121
Further key findings from the report suggest
- The growth
of Cognitive Radio Market is directly fueled by the demand for application
of 5G among its different application sectors such as in Telecom,
Government and Defense, Telecommunication, Energy & Utilities and
Healthcare. The driving force is the increase in demand for mobile devices
and related mobile applications which raises a requirement for 5th generation wireless system
which in turn boosts the Cognitive Radio Market.
- Cognitive
radio finds its uses in various sectors including transportation, energy,
and utilities, government and defense, telecommunication and healthcare.
This technology also helps all other sectors such as the cable market and
defense sectors. It also finds its usage in military applications
providing a cost-efficient wireless system interference-resistant, mobile,
frequency agile and scalable.
- With
respect to the end-users segment, the government and defense segment is
projected to hold the largest market size with a CAGR of 12% during the
predicted period. Governments of various countries are focusing on
enhancing and implementing advanced communication technologies, such as
cognitive radios and Software-Defined Radio (SDR), to match the modern
nature of warfare and for protecting its people too.
- The
cognitive radio market for managed services is anticipated to show faster
growth, due to the rise in adoption of third-party infrastructure services
to manage the wireless communication devices in companies and across
various industries. Managed service providers are responsible for all the
hardware and software functions, while organizations are only concerned
with updating and installing business applications and configuring company
policies.
- Key
players within the Cognitive Radio Market include BAE Systems (UK),
Raytheon Company (US), Thales Group (France), Rhode & Schwarz
(Germany), Spectrum Signal Processing (Canada), xG Technology (US), Nutaq
(Canada), Ettus Research (US), Shared Spectrum Company (US), DataSoft
(US), EpiSys Science (US), and Kyynel (Finland).
Purchase full Cognitive
Radio Market report covered with tables and figures for better
illustration@ https://www.reportsanddata.com/checkout-form/1121
For this report, the market has been divided into segments on the
basis of Component, End-Use Application, End-User, and Region:
- Component
Outlook (Revenue, USD Million, 2018-2026)
- Software
Tools
- Radio
Control and Reconfiguration Tools
- Spectrum
Analyzer
- Policy
and Configuration Database Manager
- Hardware
- Transmitter
- Receiver
- Services
- Professional
Services
- Managed
Services
- Application
Outlook (Revenue, USD Million, 2018-2026)
- Spectrum
Sensing
- Spectrum
Analysis
- Spectrum
Allocation
- Location
Tracking
- Cognitive
Routing
- End-User
Outlook (Revenue, USD Million, 2018-2026)
- Government
and Defense
- Telecommunication
- Transportation
- Others
- Regional
Outlook (Revenue, USD Million, 2018-2026)
- North
America
- U.S.
- Europe
- Germany
- UK
- Asia
Pacific
- China
- India
- Latin
America
- Brazil
- MEA
John Watson
Head of Business Development
Reports and Data | Web: www.reportsanddata.com
Direct Line: +1-212-710-1370