The ‘Global Military Communications Market Size, Share, Growth, Report and Forecast 2023-2028’ by Expert Market Research gives an extensive outlook of the global military communications market, assessing the market on the basis of its segments like communication type, component, application, end-use, and major regions.
Global Military Communications Market Share, Size, Trends, Industry Report, Key Player, Major Segments, and Forecast
The key highlights of the report include:
Market Overview (2018-2028)
- Historical Market Size (2022): USD 34.44 billion
- Forecast CAGR (2023-2028): 5.40%
- Forecast Market Size (2028): USD 47.22 billion
The military communications market growth is being driven by the increasing importance of reliable and secure communications for coordinated military operations. Robust military communications enable swift responses to concerns and a cohesive response between various military units. Through military communications, multiple units can be deployed and work together to achieve mission goals.
Get a Free Sample Report with Table of Contents – https://www.expertmarketresearch.com/reports/military-communications-market/requestsample
Increasing security concerns, including border disturbances, terrorism risks, and geopolitical tensions are surging the demand for military communications. Deployment of military units in sensitive areas further heightens the need for secure communications that cannot be intercepted by enemy forces so as to maintain the integrity of operations. Moreover, military communications are designed to operate across all different types of terrains, leading to increased military communications market demand.
Expansion of military forces and units and increasing defence budgets are anticipated to provide opportunities to the market for military communications in the coming years. As military forces become increasingly specialised, with focused groups for particular tasks and operations, there is a greater need for secure communications for coordinated efforts. Depending upon the operation, on-ground forces may need to communicate with command and control centres, different deployed units, reconnaissance forces, help units, and auxiliary units. Accordingly, the diversification of military forces and increasing frequency of joint operations are bolstering the military communications market.
Read Full Report with Table of Contents – https://www.expertmarketresearch.com/reports/military-communications-market
Military Communications Industry Definition and Major Segments
Military communication refers to the transmission of information between different military units for improved coordination between the units. Various military operations, including reconnaissance, bombardment, and search and rescue utilise military communication for streamlined coordination, particularly in larger operations. Military communication is designed to be reliable and secure so as to protect sensitive information and operational details.
Based on communication type, the market is divided into:
- Airborne Communications
- Air-Ground Communications
- Underwater Communications
- Ground-Based Communications
- Shipborne Communications
By component, the market is segmented into:
- Military Satcom Systems
- Military Radio Systems
- Military Security Systems
- Communication Management Systems
On the basis of application, the market is classified into:
- Command and Control
- Routine Operations
- Situational Awareness
- Others
Based on end-use, the market is divided into:
- Land Forces
- Naval Forces
- Air Forces
By region, the market is categorised into:
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East and Africa
Military Communications Market Trends
Advancements in communication technologies are a key trend influencing the military communications market, aiding in the development of new and improved modes of communication. New waveforms and radio wave patterns are being developed that would increase the range and bandwidth of communications while supporting improved performance and data encryption. Programmable radios such as software-defined radios are also gaining popularity as they are scalable, cost-effective, and flexible, and can be programmed for various frequencies and changed as needed.
Military satcom systems are assessed to witness rapid growth in the military communications market in the coming years, supported by the various benefits offered by satellite communications. By using satellites, militaries can communicate anywhere in the world in a secure manner, even in remote locations. They are fully secure and have high bandwidth due to which satellite communications are increasingly being adopted by militaries worldwide.
Regionally, North America accounts for a sizable share of the global market for military communications, supported by the substantial military spending of countries like the United States. With a vast military force and extensive operations, the United States is continuously investing in improving military capabilities, including military communications. The North America market for military communications is also aided by the presence of key players in the region and considerable research and development activities taking place.
Key Market Players
The major players in the global military communications market report are Northrop Grumman Corporation, Raytheon Technologies Corporation, Raytheon Technologies Corporation, ASELSAN A.Ş., Rohde & Schwarz, BAE Systems Plc, and Iridium Communications Inc., among others. The report covers the market shares, capacities, plant turnarounds, expansions, investments and mergers and acquisitions, among other latest developments of these market players.
The report studies the latest updates in the market, along with their impact across the market. It also analyses the market demand, together with its price and demand indicators. The report also tracks the market on the bases of SWOT and Porter’s Five Forces Models.
About Us:
Expert Market Research (EMR) is leading market research company with clients across the globe. Through comprehensive data collection and skilful analysis and interpretation of data, the company offers its clients extensive, latest, and actionable market intelligence which enables them to make informed and intelligent decisions and strengthen their position in the market. The clientele ranges from Fortune 1000 companies to small and medium scale enterprises.
EMR customises syndicated reports according to clients’ requirements and expectations. The company is active across over 15 prominent industry domains, including food and beverages, chemicals and materials, technology and media, consumer goods, packaging, agriculture, and pharmaceuticals, among others.
Over 3000 EMR consultants and more than 100 analysts work very hard to ensure that clients get only the most updated, relevant, accurate and actionable industry intelligence so that they may formulate informed, effective, and intelligent business strategies and ensure their leadership in the market.
Media Contact:
Company Name: Claight Corporation
Contact Person: Edward Dugger, Corporate Sales Specialist – U.S.A.
Email: sales@expertmarketresearch.com
Toll Free Number: +1-415-325-5166 | +44-702-402-5790
Address: 30 North Gould Street, Sheridan, WY 82801, USA
Website: www.expertmarketresearch.com
LinkedIn:- https://www.linkedin.com/company/expert-market-research
