At 17.5% CAGR, Global Cognitive Radio Market Size Worth Reach USD 32.26 Billion By 2032: According to Polaris Market Research

As per the recent analysis by Polaris Market Research, the global cognitive radio market size was valued at USD 7.57 billion in 2023 and is predicted to reach USD 32.26 billion by 2032. Also, the study states that the market reveals a robust 17.5% Compound Annual Growth Rate (CAGR) over the predicted timeframe, 2023-2032. The key market players include BAE Systems, DataSoft Corporation, EpiSys Science, Ettus Research, Kyynel, Nutaq, Raytheon Technologies, & Shared Spectrum.

New York, NY, Jan. 16, 2024 (GLOBE NEWSWIRE) — Polaris Market Research has published a recent study report titled “Cognitive Radio Market Share, Size, Trends, Industry Analysis Report, By Component (Hardware, Software, Services), By Application (Cognitive Routing, Spectrum Sensing), By End-use Vertical, By Region, And Segment Forecasts, 2024 – 2032” in its research database.

As per the recent analysis by Polaris Market Research, the global cognitive radio market size was valued at USD 7.57 billion in 2023 and is predicted to reach USD 32.26 billion by 2032. Also, the study states that the market reveals a robust 17.5% Compound Annual Growth Rate (CAGR) over the predicted timeframe, 2023-2032.

What is Cognitive Radio?

Cognitive radio is a configuration of wireless communication in which a transceiver can smartly discover which communication mechanisms are in use and which ones are not. The transceiver then instantly infiltrates into unoccupied channels while circumventing employed ones. These potentials assist in maximizing the usage of the accessible radio frequency spectrum. It also reduces intrusion to other users. Thus by circumventing employed channels, it expands spectrum efficacy and enhances the standard of service for users. The rapidly rising demand for the cognitive radio market can be attributed to the continual growth of connected gadgets; it is speedily becoming a sparse resource. Cognitive radio is a methodical method to utilize and allocate this resource smartly, maximally, and justly.

The cognitive radio market growth can be attributed to the consolidation of cognitive radios with surfacing technologies such as 5G, and the Internet of Things is generating contemporary occasions for spectrum maximization and productive wireless communication. This consolidation sanctions intelligent usage of obtainable radio frequencies, causing enhanced network execution. Further, cognitive radio networks are positioning growing stress on security and privacy. The progression in ML and AI is playing an important part in expanding the potential of cognitive radio systems. These technologies permit flexible and steady spectrum administration sanctioning networks to powerfully maximize their usage of obtainable frequencies depending on real-time situations and demand.

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(The sample of this report is readily available on request. The report sample contains a brief introduction to the research report, Table of Contents, Graphical introduction of regional analysis, Top players in the market with their revenue analysis, and our research methodology.)

Our Sample Report Covers:

  • 2032 Updated Report Introduction, Overview, and In-depth industry analysis.
  • 115+ Pages Research Report (Inclusion of Updated Research).
  • Provide Chapter-wise guidance on Requests.
  • 2023 Updated Regional Analysis with Graphical Representation of Size, Share & Trends
  • Includes Updated List of tables & figures.
  • Updated Report Includes Top Market Players with their Business Strategy, Sales Volume, and Revenue Analysis.

What are the Key Findings of the Report?

  • The continual growth of connected gadgets is speedily becoming a sparse resource. Cognitive radio is a methodical method to utilize and allocate this resource smartly, maximally, and justly, thereby pushing market expansion.
  • The cognitive radio market segmentation is primarily based on component, application, end-user, and region.
  • North America dominated the market with the largest market share.

Who Produces Cognitive Radio?

  • BAE Systems, Inc.
  • DataSoft Corporation
  • EpiSys Science, Inc.
  • Ettus Research LLC
  • Kyynel Oy (KNL Networks)
  • Nutaq Inc.
  • Raytheon Technologies Corporation
  • Rohde & Schwarz GmbH & Co. KG
  • Shared Spectrum, Inc.
  • Thales Group
  • Vislink Technologies, Inc.

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Market Dynamics

  • Which Factors are Driving the Market Growth?

The market is experiencing a significant alteration towards solutions that offer a zestful gamut approach and management. The cognitive radio market size is expanding as this alteration mirrors the industry’s stride towards more flexible and receptive radio frequency usage. The zestful gamut approach permits cognitive radios to fine-tune their functioning frequencies smartly and independently as an answer to the zestful and altering radio frequency ambiance.

With Dynamic Spectrum Access (DSM), cognitive radios can competently utilize obtainable spectrum assets by gauging real-time situations and adjusting to the diverse demands on the radio frequency scale. The cognitive radio market sales are soaring as this stretchability is a crucial attribute that differentiates cognitive radio from conventional radio arrangement. Rather than relying on secure frequency missions, cognitive radios can zestfully grant a gamut of resources depending on instant requirements and the existing environmental situations.

  • What are the Latest Market Trends and Opportunities?

The intensified concentration on certainty and isolation within cognitive radio networks accounts for a notable progression in the CR industry. As the aggregate of connected devices escalates and the communication apparatus becomes more intricate, the enactment of strong security evaluation has become important. Cognitive radios, in collaboration with advancements in ML and AI, are developing to convey adjustable and steady spectrum handling.

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Overview of the Top Segments

  • Software Segment Witnessed a Sharp Surge

Based on components, the software segment witnessed a sharp surge. The cognitive radio market demand is on the rise as this is propelled extensively by the acquisition of software-dependent software radio in important divisions such as government, defense, and telecommunication. Cognitive radio provides adjustability and a distinct Network Resource Management (NRM) structure that deals with several provocations connected to NRM, permitting for more productive and zestful handling of network resources.

  • Spectrum Sensing Segment Dominated the Market

Based on application, the spectrum sensing segment dominated the market. The cognitive radio market trends include it being predominantly pushed by its important part in improving the efficacy of wireless communication. In the progressive terrain of cognitive radio, the eminence of spectrum sensing highlights its elemental benefaction to inscribing the growing demands for spectrum efficacy and mastering communication provocations. This trend is expected to push the growth of the spectrum sensing segment in the course of the forecast period.

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Cognitive Radio Market: Report Scope

Report Attribute Details
Revenue Forecast in 2032 USD 32.26 Billion
Market size value in 2024 USD 8.88 Billion
Expected CAGR Growth 17.5% from 2024 – 2032
Forecast Year 2024 – 2032
Segments Covered By Services, By End Use, By Region
Customization Options Customized purchase options are available to meet any research needs. Explore customized purchase options

Regional Landscape

North America: This region held the largest cognitive radio market share due to the universal acquisition of cognitive radios within defense and government firms. The strong growth can be credited to the sizeable existence of prominent technology firms that provide cultured CR solutions customized for multiple applications. The pervasiveness of these progressive technologies in this region, especially within defense and government divisions, has notably generated holistic market augmentation.

Asia Pacific: This region will witness substantial growth due to the growing aggregate of smartphone users and the appearance of 5G technology in telecommunication divisions. The growing pervasiveness of progressive conveyance sources, which frequently depend on structured wireless communication, is another notable element causing the augmentation in the market in the region. The confluence of these technological trends is anticipated to push the acquisition for CR clarifications and drive market growth in the region.

Browse the Detail Report “Cognitive Radio Market Share, Size, Trends, Industry Analysis Report, By Component (Hardware, Software, Services), By Application (Cognitive Routing, Spectrum Sensing), By End-use Vertical, By Region, And Segment Forecasts, 2024 – 2032” with in-depth TOC at: https://www.polarismarketresearch.com/industry-analysis/cognitive-radio-market       

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Current Progresses

  • In August 2023, Raytheon’s BBN division was chosen to lead a team dedicated to the development of multi-hop mobile ad hoc networks (MANETs) for the U.S. Department of Defense (DOD). This technology aims to empower deployed service members with the 5G devices to establish direct communication, eliminating the need for a complex 5G infrastructure.

Report Answers to the Following Questions

  • What is the study period of the cognitive radio market?

Ans: The study period of the market is 2023-2032

  • At what CAGR is the market expected to grow?

Ans: The market is expected to grow at a CAGR of 17.5%

  • Which segments are covered in the report?

Ans: The segments such as the software segment and spectrum sensing segment are covered in the report

  • Who are the market’s key players?

Ans: The market’s key players include BAE System Inc., DataSoft Corporation, and EpySys Science Inc.

  • Which region holds the largest cognitive radio market share?

Ans: North America holds the largest market share.

Polaris Market Research has segmented the cognitive radio market report based on component, application, end-use, and region:

By Component Outlook

  • Hardware
  • Software
  • Services

By Application Outlook

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

By End Use Outlook

  • Government & Defense
  • Telecommunication
  • Transportation
  • Others

By Region Outlook

  • North America (U.S., Canada)
  • Europe (France, Germany, UK, Italy, Netherlands, Spain, Russia)
  • Asia Pacific (Japan, China, India, Malaysia, Indonesia. South Korea)
  • Latin America (Brazil, Mexico, Argentina)
  • Middle East & Africa (Saudi Arabia, UAE, Israel, South Africa)

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About Polaris Market Research:

Polaris Market Research is a global market research and consulting company. The company specializes in providing exceptional market intelligence and in-depth business research services for PMR’s clientele spread across different enterprises. We at Polaris are obliged to serve PMR’s diverse customer base present across the industries of healthcare, technology, semiconductors, and chemicals among various other industries present around the world. We strive to provide PMR’s customers with updated information on innovative technologies, high-growth markets, emerging business environments, and the latest business-centric applications, thereby helping them always to make informed decisions and leverage new opportunities. Adept with a highly competent, experienced, and extremely qualified team of experts comprising SMEs, analysts, and consultants, we at Polaris endeavor to deliver value-added business solutions to PMR’s customers.

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