Military Communication Market Driven By A Rapidly Evolving Need For Secure And Reliable Communication Systems Projected To Reach USD 26.38 Billion By 2032, Sustaining Notable 4.15% Compound Annual Growth
Research Reports
Aug 18, 2023
Market Research Future Insights
The Global Military Communication Market is expected to register a CAGR of~4.15% from 2023 to 2032 and hold a value of over USD 26.38 billion by 2032.
The Military Communication Market refers to the market that encompasses the various products, technologies, and services related to communication systems used by military organizations worldwide. It includes a wide range of communication solutions designed specifically for military applications, facilitating secure and reliable communication among military personnel, command centers, and deployed forces.
The market for military communication is driven by the increasing demand for advanced communication technologies to enhance situational awareness, improve command and control capabilities, and enable interoperability between different military units and allied forces.
The COVID-19 pandemic had an impact on the Global Military Communication Market. The pandemic led to disruptions in global supply chains, affecting the production and delivery of military communication equipment and components. Restrictions on international trade, lockdown measures, and workforce limitations in manufacturing facilities caused delays and shortages in the availability of certain communication systems.
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Key Players
Some of the key market players are Northrop Grumman (US), Cobham (UK), Elbit Systems (Israel), Harris Corporation (US), General Dynamics (US), Thales (France), Inmarsat (UK), Iridium (US), Systematic (Denmark), Viasat (US), Israel Aerospace Industries (Israel), Leonardo (Italy), Rolta (India), Rufus Lab (US)
Market Segmentation
The Global Military Communication Market has been segmented into type and application.
Based on the type, the market has been segmented into satellite communication and radio communication.
Based on the application, the market has been segmented into command & control, situational awareness and routine operations.
Regional Analysis
The largest regions in terms of military communication market isNorth America, led by the United States. The United States invests heavily in the development and procurement of advanced communication systems and technologies for its armed forces, including secure and encrypted communication networks, satellite communication systems, command and control systems, and tactical communication solutions.
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Europe is another significant region in the global military communication market. Countries such as the United Kingdom, France, Germany, and Russia have substantial defense capabilities and invest in cutting-edge communication technologies for their armed forces. The European market is characterized by a mix of domestic manufacturers and collaborations with international defense contractors.
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