The software-defined radio market had a valuation of USD 12.45 billion in 2020. Projections indicate its growth from USD 11.60 billion in 2021 to approximately USD 16.20 billion by 2028, marking a CAGR of 5.3% for the 2023-2028 period.
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Software Defined Radio Market Size & Growth | Forecast, 2028

The global software defined radio market is projected to grow from $11.60 billion in 2021 to $16.20 billion in 2028 at a CAGR of 5.3% during forecast period