Global Cognitive Radio Market: Industry Analysis and Forecast (2019-2026)
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Global Cognitive Radio Market is expected to reach US$ 9.84 Bn by 2026 from US$ XX Bn in 2018 at CAGR of XX % during a forecast period.
Global Cognitive Radio Market
Cognitive radio market is segmented by component, application, end-user and geography. In terms of component, the cognitive radio market is classified into software, hardware, services. Based on application, the cognitive radio market is categorized into spectrum sensing, spectrum analysis, spectrum allocation, location tracking, and cognitive routing. On the basis of end-user, the cognitive radio market is segmented into government and defence, telecommunication, transportation. Region wise into North America, Europe, Asia Pacific, Middle East & Africa and Latin America.The report study has analyzed revenue impact of COVID -19 pandemic on the sales revenue of market leaders, market followers and market disrupters in the report and same is reflected in our analysis.
Cognitive radio is a form of wireless communication technology in which a transceiver intelligently detects the communication channels in use and the ones which are not, and instantly moves into vacant channels while avoiding occupied ones. One of the major drivers for this market is the adoption of cognitive radio for public application. Primary driving factors for the market growth are the increase in adoption of the 5G technology and technological advancements in the wireless communication field. Technology helps to overcome radio spectrum scarcity, develop satellite communications and provides enhanced quality of service. This feature has been leading to its wide adoption, and thus has been driving the cognitive radio market. Furthermore, effective use of pattern is also fuelling the market. So, issues regarding security and concerns related to interoperability with in the business are inhibiting the market.
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