The ‘Software Defined Radio Market ’ study, published by Persistence Market Research, provides an in-depth analysis pertaining to potential factors fueling the global market growth. The study also encompasses valuable insights about profitability prospects, market size, growth dynamics, and revenue estimation of the business vertical. The study further draws attention to the competitive backdrop of renowned market contenders, including their product offerings and business strategies.
Technology has become an essential part of life in many areas of the world, reaching even some of the more remote regions of the planet impacting the world in many important ways. Radio Frequency Identification (RFID) is currently one of the most advanced technology in wireless applications area. RFID is the use of radio waves to read and capture information stored on a tag attached to an object. It uses radio frequency waves to transfer data between a reader and a movable item to identify and track.
An RFID system consists of three components: tag (transponder), reader (transceiver) and software define radio (SDR). SDR is a wireless communication including transmitter, channel and receiver where all of the signal processing is implemented in software. The transmitter element process an information signal in order to produce a signal most likely to pass reliably and efficiently through the channel. The biggest advantage of RFID system is transmitting data with very low or without power.
Software Defined Radio Market for RFID Application: Drivers and Challenges
Some of the emerging technologies such as smart antennas, networking, software, semiconductors, signal processing and battery technology are making SDR technically and commercially realistic. Rapid advancement in integrated circuit (IC) technology are fueling the growth in commercial wireless communications systems. SDRs efficiency and cost effectiveness along with advance capabilities are expected to drive the growth of market.
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However, multiple regulations that govern the SDR market is hindering the market growth.
Software Defined Radio Market for RFID Application: Segmentation
On the basis of end-user Software Defined Radio Market for RFID Application can be segmented into defense industry, telecom industry, manufacturing plants, public safety vendors and personal use and others. The defense industry segment is sub-segmented into airborne, naval, and land-based defense.
On the basis of region, Software Defined Radio for RFID Application Market can be segmented into North America, Latin America, Western Europe, Middle East & Africa (MEA), Asia Pacific excluding Japan (APEJ) and Japan.
Software Defined Radio Market for RFID Application: Regional Outlook
Presently, North America and Europe regions are holding the largest market share of Software Defined Radio Market for RFID Application due to the adoption of advance infrastructure. RFID technology is also being pressed into service for use in U.S. Homeland Security with applications such as securing border crossings and intermodal container shipments while expediting low-risk activities. However, other regions such as Middle East and Asia is expected to witness a reasonable growth rate.
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Key Market Players:
Some of the key players of Software Defined Radio Market for RFID Application are: BAE Systems PLC, IndraSistemas, L3 Communications Corporation, Raytheon Co., Rohde & Schwarz GmbH & Co KG, Thales Group, Rockwell Collins, Northrop Grumman Corp., ITT Corporation, Harris Corporation, Datasoft Corporation.