London, UK 22nd April 2010. Leading defence industry analysis company Visiongain, assesses that the worldwide military communications market was worth a total of $15.2bn in 2009. Visiongain expects to see continuing demand in the global marketplace from 2010 onwards.
Modern armed forces operating on the network-centric battlefield of the future will depend on having access to the most advanced equipment, particularly in the field of communications.
Information must be acquired, processed and shared in real time if highly mobile adversaries are to be defeated. Advanced communications systems are also essential for minimising casualties by helping to remove friendly forces from harm's way. Acquiring improved capabilities for distributing data, video and voice information therefore looks set to remain a high priority.
The private sector has come to play an increasingly important role as a supplier of commercial products that meet military requirements, particularly in the US. Officials at defence ministries around the world have come to understand the potential cost-saving benefits of turning to commercial off-the-shelf (COTS) products rather than seeking bespoke military solutions.
Embracing COTS products has emerged as a way of meeting the needs of military personnel while reducing research-and-development (R&D) costs. As defence budgets have come under greater pressure with the onset of the global economic downturn, this trend has continued.
Visiongain's analysis concludes that the global military communications market is a growing marketplace offering opportunities that are likely to see a range of companies realising commercial success, from major defence contractors and commercial satellite service providers to niche electronic components and subsystems
If you would like further information on visiongain's Military Communications and COTS 2010-2020 report please click on: http://www.visiongain.com/Report/469/Military-Communications-and-COTS-Market-2010-2020 or email sara.peerun@visiongainglobal.com
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Notes for Editors
If you are interested in a more detailed overview of this report, please send an e-mail to sara.peerun@visiongainglobal.com or call on +44 (0) 207 549 9987
About visiongain
Visiongain is one of the fastest growing and most innovative independent media companies in Europe. Based in London, UK, visiongain produces a host of business-2-business conferences, newsletters, management reports and e-zines focusing on the Telecoms, Pharmaceutical, Defence and the Energy sectors.
Visiongain publishes reports produced by its in-house analysts, who are qualified experts in their field. Visiongain has firmly established itself as the first port-of-call for the business professional, who needs independent, high quality, original material to rely and depend on.