Cognitive Radio Market: 5g Technology Is Expected To Play A Crucial Role In Driving The Global Growth

 Cognitive Radio Industry Overview

The global cognitive radio market size was valued at USD 5.5 billion in 2021 and is expected to expand at a compound annual growth rate (CAGR) of 18.6% from 2022 to 2030. The promising growth prospects of the market can be credited to the evolution of the latest technologies, such as 5G, and the increased adoption of cognitive radios in defense and government organizations. Optimized spectrum usage and power consumption have led organizations to adopt cognitive radios to meet technological requirements.

Integrating cognitive radios with cloud computing and the internet of things (IoT) is expected to play a significant role in adopting cognitive radios. IoT devices have gained traction in the world of communication in recent years as the devices are being combined with the internet for operations. IoT devices are expected to collect or exchange data using limited resources, wherein spectrum utilization is one of the critical aspects. The cognitive radio plays a vital role in wireless communication as it uses the vacant part of the spectrum for a wireless communication system. The integration with cloud computing helps improve the performance of cognitive radio networks without affecting security, and the integration also enhances the accessibility of the platform.

Gather more insights about the market drivers, restrains and growth of the
Global Cognitive Radio market

 

The emergence of 5G technology is expected to play a crucial role in driving the global growth of the market for cognitive radio. The increasing adoption of mobile phones, advancements in wireless communication devices, and continuous surging data traffic, data traffic, and improved network performance in data capacity, energy utilization, bandwidth utilization, delay, throughput, and cost have led to the emergence of the 5G network.



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Cognitive Radio Market Segmentation

Grand View Research has segmented the global cognitive radio market based on component, application, end-use vertical, and region:

Cognitive Radio Component Outlook (Revenue, USD Million, 2018 - 2030)

  • Hardware
  • Software
  • Services

Cognitive Radio Application Outlook (Revenue, USD Million, 2018 - 2030)

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

Cognitive Radio End-use Vertical Outlook (Revenue, USD Million, 2018 - 2030)

  • Government and Defense
  • Telecommunication
  • Transportation
  • Others

Cognitive Radio Regional Outlook (Revenue, USD Million, 2018 - 2030)

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East & Africa (MEA)

 

Market Share Insights:

  • October 2021: Sierra Nevada Corporation (SNC) and BAE Systems partnered to secure the contract for the Global High-altitude Open-system Sensor Technology (GHOST) program to deliver a next-generation prototype design for the open architecture signals intelligence technology to the U.S. Air Force.

 

Key Companies profiled:

Some of the prominent players in the global cognitive radio market include:

  • BAE Systems
  • Datasoft Corporation
  • EpiSys Science
  • Ettus Research
  • KNL Networks
  • Nutaq Incorporated
  • Raytheon Company
  • Rhode & Schwarz GmbH& Co KG
  • Shared Spectrum Company
  • Thales Group
  • xG Technology

 

Order a free sample PDF of the Cognitive Radio Market Intelligence Study, published by Grand View Research.


About Grand View Research

Grand View Research, U.S.-based market research and consulting company, provides syndicated as well as customized research reports and consulting services. Registered in California and headquartered in San Francisco, the company comprises over 425 analysts and consultants, adding more than 1200 market research reports to its vast database each year. These reports offer in-depth analysis on 46 industries across 25 major countries worldwide. With the help of an interactive market intelligence platform, Grand View Research Helps Fortune 500 companies and renowned academic institutes understand the global and regional business environment and gauge the opportunities that lie ahead.


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