The software-defined radio market had a valuation of USD 12.45 billion in 2020. It is expected to expand from USD 11.60 billion in 2021 to reach USD 16.20 billion by 2028, exhibiting a Compound Annual Growth Rate (CAGR) of 5.3% during the period from 2021 to 2028.

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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