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Software Defined Radio Market Share, Growth Insights with Global Forecast To 2028

The global software defined radios market size is prophesied to witness remarkable growth owing to the increasing expenditure on improving the defense communication system of various nations across the globe. The global Software Defined Radios market size was USD 12.45 billion in 2020. The market is projected to grow from USD 11.60 billion in 2021 to USD 16.20 billion in 2028 at a CAGR of 5.3% in the 2021-2028 period.

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Software Defined Radio Market Size & Growth | Forecast, 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