Intelligent And Cognitive Radio Market Worth Over USD 8.31 Billion By 2024, Globally: Zion Market Research

According to the report, the global intelligent and cognitive radio market was valued at USD 3.15 billion in 2017 and is expected to reach approximately USD 8.31 billion by 2024, growing at a CAGR of around 14.87% between2018and 2024.


New York, NY, Dec. 13, 2018 (GLOBE NEWSWIRE) -- Zion Market Research has published a new report titled “Intelligent and Cognitive Radio Market by Component (Antennas, RF Electronics, Wireless Cognitive Radio System, and Network Control and Management) and by Application (Public Sector,Mobile/Wireless Network Operators, and Other End-Users): Global Industry Perspective, Comprehensive Analysis, and Forecast, 2017—2024”. According to the report, the global intelligent and cognitive radio market was valued at USD3.15 billion in 2017 and is expected to reach approximately USD8.31 billion by 2024, growing at a CAGR of around 14.87% between2018and 2024.

Intelligent and cognitive radios monitor, sense, and detect the conditions of their operating environment and vigorously reconfigure their own characteristics to best match to those conditions. Cognitive radio technology enables radio devices to use their spectrum in an entirely new and advanced way. Transmitting parameters, such as frequency, power output, and modulation, can be automatically adjusted in these radios to provide an optimized communication experience to the users. These radios use frequencies and find available bandwidth where other radios can see only static. The intelligent and cognitive radio market is showing remarkable growth and is expected to continue the same in the future. Cognitive radios support different types of technologies, such as self-organizing networks, dynamic spectrum access, and spectrum markets, which are helping in improving communication.

Browse through 29 Tables & 21 Figures spread over 153 Pages and in-depth TOC on “Global Intelligent and Cognitive Radio Market Size 2017: Industry Share, Applications, Trends, Growth Analysis and Forecast 2024”.

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The growing need for better communication and optimum utilization of the available spectrum is likely to fuel the intelligent and cognitive radio market. Improvement in wireless communication, reduction in communication costs, the rapid increase in the number of wireless applications, and high interoperability are some other major drivers leading to the growth of the intelligent and cognitive radio market. Furthermore, the high adoption of cognitive radio technology by the defense industry and commercial market for public safety communications are also driving this market’s expansion. However, these radios have high manufacturing costs and reliability issues that might limit this market.

The intelligent and cognitive radio market is divided on the basis of component and application. Antennas, RF electronics, wireless cognitive radio system, and network control and management comprise the component segment of the intelligent and cognitive radio market. By application, the intelligent and cognitive radio market is segmented into the public sector, mobile/wireless network operator, and other end-users.

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In terms of revenue, North America dominated the intelligent and cognitive radio market in 2017and is set to continue to maintain its position over the forecast time period. The U.S. has one of the world’s largest and most advanced military. It is a major market for intelligent and cognitive radios. The high demand for these radios in military communication sector and public safety broadcast are shaping the intelligent and cognitive market in this region. New rules/regulations facilitating cognitive radio, unlicensed operations in TV bands, cognitive radio spectrum sharing test-bed, and secondary licensing are some of the initiatives taken by the U.S. government to support the intelligent and cognitive radio market.

Europe was the second largest regional market in 2017 and is expected to witness remarkable growth in the future. The European Commission and regulatory authorities have shown interest in the cognitive radio by testifying the number of research projects, standardization activities, and public consultations. The introduction of the QoSMOS project by the European government is to meet the needs of increasing radio spectrum by controlling telecom costs and improving service.

Browse the full "Intelligent and Cognitive Radio Market by Component (Antennas, RF Electronics, Wireless Cognitive Radio System, and Network Control and Management) and by Application (Public Sector,Mobile/Wireless Network Operators, and Other End-Users): Global Industry Perspective, Comprehensive Analysis, and Forecast, 2017—2024" Report At https://www.zionmarketresearch.com/report/intelligent-and-cognitive-radio-market

Asia Pacific is predicted to be the most opportunistic market for intelligent and cognitive radio over the analysis period. The growing demand for military equipment is boosting the investments made in the intelligent and cognitive radio market in Asia Pacific. China, followed by India, led the Asia Pacific market in terms of revenue share, due to increased investments made in armed forces. The growing number of smartphone users and other wireless communication systems in China and India is another major factor contributing to the region’s intelligent and cognitive radio market expansion.

The developing economies in Latin America are also potential markets for the intelligent and cognitive radio market, due to the growing need for performance enhancement of wireless communication systems. Brazil is expected to emerge as the largest regional intelligent and cognitive radio market in the upcoming years in Latin America.

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The Middle East and Africa is anticipated to register good growth in the intelligent and cognitive radio market in the upcoming years. The untapped market in the Latin African region is predicted to attract the attention of key players operative in the intelligent and cognitive radio market.

Major players contributing in the market are Adaptix, Inc., BitWave Semiconductor,AeroStream Communications Corporation, Nova Engineering, AirNet Communications, Array Systems Computing, Altera Corporation,Mercury Computers Systems, Analog Devices, Cambridge Consultants, Cisco Systems, ISR Technology, Mercury Computers Systems, Motorola, Inc., Factum Radioscape, Rockwell Collins, Inc., and Spectrum Signal Processing.

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This report segments the global intelligent and cognitive radio market as follows:

Global Intelligent and Cognitive Radio Market: Component Segment Analysis

  • Antennas
  • RF Electronics
  • Wireless Cognitive Radio System
  • Network Control and Management

Global Intelligent and Cognitive Radio Market: Application Segment Analysis

  • Public Sectors
  • Mobile/Wireless Network Operators
  • Other End-Users

Global Intelligent and Cognitive Radio Market: Regional Segment Analysis

  • North America
    • The U.S.
  • Europe
    • UK
    • France
    • Germany
  • Asia Pacific
    • China
    • Japan
    • India
  • Latin America
    • Brazil
  • The Middle East and Africa

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