Technological Advancements to Drive the Cognitive Radio Market to Grow at 17.5% CAGR

Market Overview

The Global Cognitive radio market is accounted for $3.48 billion in 2017 and is expected to reach $14.85 billion by 2026 growing at a CAGR of 17.5% during the forecast period. Some of the major factors driving the market are technological advancements, growing adoption of 5G technologies and increasing usage in rural areas on overcoming the problem of high costs. Furthermore, effective use of pattern is also fuelling the market. However, issues regarding security and concerns related to interoperability with in the business are inhibiting the market.

On the basis of Application, cognitive routing is determined as finding the shortest path to improvise the efficiency. It improves wireless ad hoc network performance in terms of throughput and delay, but also improves network performance in the future by the decision of current route selection as it can n change its transmitter parameters based on interaction with the environment.

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On the basis of component, Software Tools is a computer program used by software developers to create debug and maintain other programs and applications. Usage of software tools in will reduce supports easy, fast, and radio-agnostic development of cognitive radio and network protocols and security mechanisms with fully integrated, unified frameworks that applies the same solution to high fidelity simulation and emulation tests under a common, controllable, and repeatable scenario.

North America is subjected to hold highest market value and expected to remain the same during the forecast period due to increase in adopting technology in various applications and industries. Besides, Asia Pacific will witness highest CAGR due to growing demand for optimized spectrum utilization.

Top Industry Player’s

Some of the key players in XX market include BAE Systems, DataSoft Corporation, Episys Science, Ettus Research, Kyynel, NuRAN Wireless Inc. (Nutaq), Raytheon Company, Rohde & Schwarz, Shared Spectrum Company, Spectrum Signal Processing, Thales Group S.A., Vecima Networks (Spectrum Signal Processing), XG Technology.

Cognitive radios are radio sets that can automatically latch on to the best available wireless channels and utilize them to broadcast and receive signals with no loss in information. This dynamic spectrum management process helps improve the quality of the entire network with which the cognitive radio is linked. The need for improved spectrum access to enhance communication all over the world is leading to growth of the global Cognitive radios market.

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Market Segments

Components Covered:

  • Hardware
  • Software Tools
  • Services Covered:
  • Managed Services
  • Professional Services

Applications Covered:

  • Cognitive Routing
  • Location Tracking
  • Spectrum Allocation
  • Spectrum Analysis
  • Spectrum Sensing

End Users Covered:

  • Government and Defense
  • Telecommunication
  • Transportation
  • Other End Users

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