Global Cognitive Radio Market 2018-2022 | Rising Developments in 5G Communication to Drive Growth | Technavio

September 24, 2018

LONDON--(BUSINESS WIRE)--Sep 24, 2018--Technavio’s global cognitive radio market research report forecasts the market to grow at a CAGR of over 13% during the forecast period.

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Technavio has published a new market research report on the global cognitive radio market for the period 2018-2022. (Graphic: Business Wire)

The growing developments in 5G communication will be one of the major trends during 2018-2022. In June 2018, Verizon and Nokia became successful companies to deploy commercial 5G over the 3GPP New Radio 5G standard. This reflected the deployment and use of 5G by consumers and businesses. Thus, there will be an unutilized or underutilized spectrum that will create the need for devices such as a cognitive radio for effective utilization.

This report is available at a USD 1,000 discount for a limited time only:

According to Technavio analysts, one of the key drivers for the global cognitive radio market is the detection of the unused spectrum:

Global cognitive radio market: Detection of unused spectrum

The growth of the IoT technology and the number of connected devices is being driven by the rising applications of network sensors in physical devices for remote controlling and monitoring purposes. The efficient use of spectrum is essential to support this growth in number of IoT devices. This is anticipated to boost the cognitive radio market growth during the forecast period.

According to a senior research analyst at Technavio, “The implementation of 5G technology is anticipated to have a positive impact on the global cognitive radio market. Considering the vast number of devices, which will be enabled with IoT with the help of 5G, there will be a huge data traffic in the spectrum that needs to be channelized for efficient utilization. Thus, the cognitive radio market will witness high demand during the forecast period.”

Global cognitive radio market: Segmentation analysis

The global cognitive radio market analysis report provides market segmentation by end-user (government and defense and telecommunication) and by region (the Americas, APAC, and EMEA). This cognitive radio market forecast report provides an in-depth analysis of the prominent factors influencing the market, including drivers, opportunities, trends, and industry-specific challenges.

Of the two major end-users, the government and defense segment held the largest cognitive radio market share in 2017, contributing to almost 29% of the market. This end-user segment will dominate the global market throughout the forecast period.

The Americas held the largest share of the market in 2017, accounting for close to 42% share. It was followed by EMEA and APAC respectively. The Americas is expected to dominate the market throughout the period 2018-2022.

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Some of the key topics covered in the report include:

Market Landscape

Market ecosystem Market characteristics Market segmentation analysis

Market Sizing

Market definition Market size and forecast

Five Forces Analysis

Market Segmentation

Geographical Segmentation

Regional comparison Key leading countries

Market Drivers

Market Challenges

Market Trends

Vendor Landscape

Vendors covered Vendor classification Market positioning of vendors Competitive scenario

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SOURCE: Technavio Research

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