Software Defined Radio (SDR) is a transformative technology in wireless communication that allows software control over radio frequency functions, offering flexibility and reconfigurability compared to traditional radios. Key components include antennas, transceivers, and processors, with various software options available for users. SDR has applications in wireless communications, radio astronomy, security, and medical imaging, while also facing regulatory challenges and promising future advancements in 5G, IoT, and AI.