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.
Besides, extensive emphasis on the common operating picture (COP) of the military operations, and higher capabilities of information dominance, battlefield awareness, and decision advantages of the command and control systems are the crucial reasons behind the enormous growth of this market. Also higher usage of space-based command and control infrastructure and smart city command center applications are expected to fuel the market growth.
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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.
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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
Regional Outlook (Revenue: USD Billion; 2017-2027)
North America
Europe
Asia Pacific
Latin America
MEA
Table of Content
Chapter 1. Methodology Sources
1.1. Military Communication Systems Market Definition
1.2. Military Communication Systems Market Research Scope
1.3. Military Communication Systems Market Methodology
1.4. Military Communication Systems Market Research Sources
1.4.1. Primary
1.4.2. Secondary
1.4.3. Paid Sources
1.5. Military Communication Systems Market Estimation Technique
Chapter 2. Executive Summary
2.1. Summary Snapshot, 2019-2027
Chapter 3. Key Insights
Chapter 4. Military Communication Systems Market Segmentation Impact Analysis
Continued…
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