“Military Communication market set to grow to $229.1bn by 2028” says new Visiongain report

25 March 2019
Defence

Visiongain has launched a new 351 page defence report: Military Communications Market Report 2019-2029: Forecasts by Military Communication Market, Forecasts by Components [Systems (Terminals & Payloads, SATCOM, Encryption, Interception and Jamming) & Services], Communication Mode (Air-Ground Communication, Underwater Communication, Ground-Based Communication, Shipborne Communication) and Geography (Americas, Europe, Asia Pacific and Middle East & Africa) Plus, Super Granulated 2019, 2024 and 2029 Snapshots by Function and by Platform

Military communications systems, equipment and services remain one of the most vital components required in order for an effective and modern military to make use of its capabilities. The need for a highly interconnected military over air, land and sea for nations to react and take action in response to a particular event or situation means that investment and development of communications capacity, alongside new technological expansion upon existing communications structures, will continue over the next decade. Visiongain has calculated that in 2019 the market will be worth $20,827.9 m.

As states look to exercise global influence and power by developing seamless and expansive military communications coverage, systems ranging from large scale satellite communications equipment and services, to small tactical man pack radios and terminals will remain in significant demand. In some cases, budget cuts and operational drawbacks in some of the leading defence countries will see the need for instant, accurate and reliable communications information continue to be in demand as resources are stretched but globalised threats remain. In others, these downward pressures on defence spending will manifest in a more focussed approach to spending and investment.

The Visiongain report analyst commented "Military customers continue to look for systems that will allow greater network connection across a broader spectrum and which enable faster, richer, less costly and more flexible communications across a diverse range of terrains and military environments, whilst maintaining ease of use and familiarity for the solider."

Leading companies featured in the report who are developing military communication include BAE Systems PLC, Elbit Systems, Leonardo SpA, General Dynamics Corporation, Harris Corporation and others.

Notes for Editors
If you are interested in a more detailed overview of this report, please send an e-mail to sara.peerun@visiongain.com or call her on +44 (0) 207 336 6100.

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-to-business reports focusing on the automotive, aviation, chemicals, cyber, defence, energy, food & drink, materials, packaging, pharmaceutical and utilities sectors.

Visiongain publishes reports produced by 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.

Recent News

Visiongain Publishes Military GPS and GNSS Devices Market Report 2022-2032

One of the major factors fuelling the growth of the military GNSS devices market is innovation in navigation and positioning equipment.

19 January 2022

Read

Visiongain Publishes Homeland Security Market Report 2022-2032

Rising need across the globe is being observed to secure and prepare countries, their people, and critical infrastructure from all hazards and threats. In addition to this, homeland security organizations in both developed and developing countries are focused on investing a substantial amount in advanced homeland security systems to enhance the capabilities of their forces and ensure the safety and security of citizens.

07 January 2022

Read

Visiongain Publishes Targeting Pods Market Report 2022-2032

The introduction of a precision targeting system in which optical targeting facilitators define, identify, and track targets using laser beams has acquired widespread acceptance, resulting in a steady increase in demand for targeting pods, especially in the first half of the projected period.

06 January 2022

Read

Visiongain Publishes Military Video Analytics and Back-End Systems Market Report 2022-2032

Deep learning technology has allowed video analytics tasks that were previously handled solely by humans to be automated. Video analytics is a type of machine learning algorithm that automatically recognises spatial and temporal events in video data.

08 December 2021

Read

Kelloggs
3m
Thales
Shell
TEVA
Lockheed-Martin
Pfizer
Raytheon
Halliburton
Du-Pont
Honeywell
Daimler
BASF
Bayer
BP
BAE-Systems
Unilever