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Thales Group and Harris Corporation held significant market share of over 11% market share in 2023. Thales Group invests significantly in innovation and R&D to develop cutting-edge technologies for defense & security, aerospace. The company concentrates on developing advanced solutions for secure communications, cybersecurity, air traffic management, satellite systems, and defense electronics. By leveraging innovation, Thales aims to address evolving challenges and meet the complex needs of its diverse clientele effectively.
Harris Corporation has emphasis on innovation and research to drive advancements in the software-defined radio (SDR) market. Leveraging its expertise in radio communications, Harris develops state-of-the-art SDR solutions that offer enhanced flexibility, interoperability, and performance for military and commercial applications. Through continuous investment in SDR technology, Harris contributes to shaping the future of wireless communications.
Major players operating in the market are: