Military Communication Systems Market Outlook, Size and Forecasts Report 2027

Posted by Pradip on November 18th, 2021

The Global Military Communication Systems Market is forecasted to be worth USD 44.89 billion by 2027, according to a current analysis by Emergen Research. The key factors influencing the market include increasing usage of geospatial intelligence, rising cybercrimes involving the data breaches from the confidential governing bodies, rising threats & tensions in asymmetric welfare, and growing investment in the defense bodies & foreign intelligence platforms, among others.

The global market landscape of Military Communication Systems is expected to remain in a very competitive and highly fragmented landscape consisting of a number of both the small start-ups, medium enterprises, and large conglomerates. During the projected era, increasing demand for technological development and higher diversification in offered products ensure the enormous potential for the innovative players.

The market report, Military Communication Systems market uses qualitative and quantitative research techniques to showcase competitive landscape for the forecast period, 2020 - 2027.Besides this, the report further blends in primary and secondary research techniques to assess, interpret, the segment as well as forecast the total revenue generated by the industry across various regions. Business owners/stakeholders can chalk-out expansion plan by leveraging statistics on market share, size, sale volume, growth rate and return over-invest discussed in the study.

Further key findings from the report suggest

  • In May 2020, BAE Systems announced the completion of the accusation of the business of Airborne Tactical Radios of Raytheon Technologies Corporation. This acquisition will help deliver game-changing electronic mission and control solutions for their customers.
  • The Defense Intelligence is growing with the fastest CAGR of 6.3% throughout the projected period owing to its higher incorporation of intelligence protocols, including the nextgen communication, surveillance, reconnaissance, information fusion & data analytics, electronic welfare & spectrum dominance, and cyber control systems, among others.
  • The regions in the Asia Pacific lead by China, India, Japan, and South & North Korea are allotting a considerable budget for their defense grooming purposes and commercial applications. Besides, growing incidences of interpersonal stand-offs, asymmetric warfare, along with a higher economic development, enhancement in the technological industry deliberately help propel the Military Communication Systems market enforcement.
  • Key players in the market The Boeing Company, BAE Systems, Lockheed Martin, Rockwell Collins, Elbit Systems, Northrop Grumman, Thales Group, Leonardo S.p.A., Raytheon Company, and General Dynamics, among others.

To get leading market solutions, visit the link below: https://www.emergenresearch.com/industry-report/military-communication-systems-market

For the purpose of this report, Emergen Research has segmented into the global Military Communication Systems Market on the basis of Application, Platform, Component, End Users, and Region:

  • Application Outlook (Revenue: USD Billion; 2017-2027)
    • Military Commands
    • Homeland Security & Cyber Protection
    • Military Critical Infrastructure
    • Routine Operations
    • Emergency Services
    • Transportation System
    • Others
  • Platform Outlook (Revenue: USD Billion; 2017-2027)
    • Land
    • Airborne
    • Naval
    • Joint
    • Space
  • Component Outlook (Revenue: USD Billion; 2017-2027)
    • Products
    • Services
  • End Users Outlook (Revenue: USD Billion; 2017-2027)
    • Army
    • Air force
    • Navy
    • Defense Intelligence
    • Commercial Services

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Pradip
Joined: December 23rd, 2019
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