Market Size of Cognitive Radio Industry
| Study Period | 2019 - 2029 |
| Market Size (2024) | USD 8.84 Billion |
| Market Size (2029) | USD 18.96 Billion |
| CAGR (2024 - 2029) | 16.48 % |
| Fastest Growing Market | Asia Pacific |
| Largest Market | North America |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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Cognitive Radio Market Analysis
The Cognitive Radio Market size is estimated at USD 8.84 billion in 2024, and is expected to reach USD 18.96 billion by 2029, growing at a CAGR of 16.48% during the forecast period (2024-2029).
The emerging 5G technologies are used to meet future wireless technologies' heavy mobile data traffic. More capacity will demand more spectrum, resulting in the integration of CR in 5G networks. The focus of CR is to enable much more efficient use of the spectrum, though it adapts itself to provide the optimum communications channel.
- In today's world, the economy and communication infrastructure closely depend on each other. With improved spectrum utilization efficiency in numerous dimensions, cognitive radio will make the mobile communication paradigm more personal. CR identifies the free channels in the spectrum and uses them for communication by dynamically changing the transmission parameters, leading to better utilization of channel resources.
- Some technical hurdles must be overcome before the technology can be implemented in a real-world scenario. To differentiate between a primary signal that is fading and white space, cognitive radios must be more sensitive. A single cognitive radio using local sensing may not be able to achieve this improved sensitivity in cases of severe fading since the necessary sensing time may be longer than the sensing period.
- There was an increased reliance on the internet for numerous daily tasks during and after the COVID-19 pandemic. The heavy shift towards network traffic urged the need for more spectrums with multiple frequencies, which created a demand for the cognitive radio market.
- The extensive usage of cognitive radio by rural broadband telcos helps independent local carriers get around the issue of high costs and limited spectrum to deploy wireless in underdeveloped rural markets, thereby increasing its use for public safety.
