The global military communications market is expected to grow at a significant CAGR during the forecast period 2024-2031. The Military Communications is defined as a system that delivers and encompasses the information between reconnaissance and other units. The communication system is commanded and controlled by military segment and is widely applicable to transmit the command and secure information over a sophisticated network by armed forces. The Military Communications systems are rapidly emphasized by the defence vertical to boost the security, efficiency, functionality, operational capacity and digital communication capability.
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The increasing transformation of old age technologies with the advanced technologies and rising emergence of the digital communication system is the dominant factor that is expected to drive the market growth of the global military communications market. The significantly growing investment and government initiatives and rising defence expenditure among emerging countries are impacting the market growth of the Global Military Communications Market and are projected to drive the market growth with the highest pace during the forecast period.
The major factor attributed to driving the market growth of the global military communications market is the growing demand for security concerns for military communication. The increasing concern for privacy and security among the defence sector rapidly drives the requirement for enhanced and highly capable military communications. Whereas, the vulnerability to threats and cyber attacks among air, naval and ground sectors of defence encourages the forces and recruiters to adopt secure military communication satellites. This rising adoption will be anticipated by exploring the market growth of the global military communications market during the estimated period. Additionally, the increasing adoption of innovative Ka-band to improve the communication service and recent development in production and manufacturing of satellite communication are subjected to drive the market growth of the global military communications market.
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Market Coverage
- Segment Covered-
o By Communication Type
o By Component
o By Application
o By End-User
- Competitive Landscape- ASELSAN, BAE Systems, Lockheed Martin, Northrop Grumman, Raytheon.
Key questions addressed by the report
- What is the market growth rate?
- Which segment and region dominates the market in base year?
- Which segment and region will project fastest growth in the market?
- How COVID-19 impacted the market?
o Recovery Timeline
o Deviation from pre-COVID forecast
o Most affected region and segment
- Who is the leader in the market?
- How players are addressing challenges to sustain growth?
- Where is the investment opportunity?
Global Military Communications Market by Segment
By Communication Type:
- Ground-Based Communication
- Underwater Communication
- Airborne Communication
- Air-Ground Communication
- Shipborne Communication
- Others
By Component
- Communication Management System
- Military SATCOM Terminals
- Military Security System
- Military Radio System
- Others
By Application
- Routine Operation
- Situational Operation
- Command & Control
- Others
By End-User
- Land Forces
- Naval Forces
- Air Forces
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