AdvanceMarketAnalytics, a global market research and consulting organization, have released a new study titled "Digital Radio Frequency market - Global outlook to 2026". Industries constant focus on reducing the operational cost and increased attention on core business, and need to improve scalability are expected to shape the Global Digital Radio Frequency market to grow at a CAGR of 12.14% to aggregate USD1450.28 Million by 2026.
The Architecture, such as Processors, is boosting the Digital Radio Frequency market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.
The Broadcasting Standards, such as Digital audio broadcasting systems, is boosting the Digital Radio Frequency market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.
According to Analyst at AMA Research, the Global Digital Radio Frequency market will experience significant growth during the forecast period due to potential opportunities lying in the market such as . Some of the important driving forces are Elevated use of Unmanned Aerial Vehicles and Technological Upgradation in Warfare Equipment and Upsurge in DRF among Jammers in Ships.
Digital radio can be used to broadcast on a wide number of frequencies. The digital radio frequency is both terrestrial and satellite allocations for Digital Audio Broadcasting (DAB). DAB has main frequencies where it is being deployed are within the Band III (Band 3) frequencies. Digital radio is the deployment of digital technology to transmit or receive across the radio spectrum. Further, owing to the technological upgradation in military radars and the advent of cognitive electronic warfare market is expected to foster in the forecast period.
The report provides an in-depth analysis and forecast about the industry covering the following key features: o Industry outlook including current and future market trends, drivers, restraints, and emerging technologies o Analyses the Global Digital Radio Frequency market by Type (Civil, Commercial and Defense), by Application (Electronic Warfare Training, Electronic Warfare, Radar Test & Evaluation and Radio & Cellular Network Jamming) and major geographies with country level break-up that includes South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). o Analyzes the top 10 players in terms of market reach, business strategy, and business focus o Provides stakeholders insights and key trends (current and future) of the market