Military Communications Market Size, Share, and Analysis, By Component (Military SATCOM Systems, Military Radio Systems, Military Security Systems), By Communication Type (Shipborne, Ground-Based, Underwater, Air-Ground, Airborne Communication), By Application (Command and Control, Routine Operations, Situational Awareness, Others) and Regional Forecasts, 2022-2032
Military Communications Market size was USD 34 billion in 2021 and projected to grow from USD 37.3 billion in 2023 to USD 57.0 billion by 2032, exhibiting a CAGR of 4.8% during the forecast period.
Military Communication is the transfer of information from investigation and several other units in contact with the rival. It is also the means for practicing command by the transmission of instructions and orders of commanding officers to their subordinates. It includes all methods of message, command, and report transmission between headquarters and outlying facilities or ships as well as throughout the field and at sea.
Military Communications Market is expected to reach USD 57.0 billion, growing at a CAGR of 4.8% during the forecast period owing to the increasing security distresses and the procurement of military communication systems due to rising disputes among various nations worldwide. Also, emphasis on rising defense budgets of key countries worldwide is majorly contributing to the growth of the Military Communications Market.
Military Communications Market is classified based on the Component into Military SATCOM Systems, Military Radio Systems, and Military Security Systems. The Military SATCOM Systems segment held maximum market share in 2021. The growth is backed by SATCOM technology's extended use in military applications across the globe and the improvements of communication infrastructure for space, airborne, and naval platforms. The majority of nations rely on SATCOM for communications related to defense. This is due to its benefits including higher coverage, straightforward mobility, a wider spectrum of communication, and added security.
Military Communications Market is classified based on the Communication Type into Shipborne, Ground-Based, Underwater, Air-Ground, and Airborne Communication. The Airborne Communication segment registers the higher market share and is projected to grow considerably during the estimated period. During forecast period, the aerial sector will hold the dominant position. To provide continuous guidance on the battlefield the military personnel use the technology available for aerial, air-ground, submarine, ground-based, and ship-based engagements.
Rising Security Threat Associated with Military Communications is Expected to Boost the Market Growth
The key requirement of the defense industry is the security and confidentiality of military communications. Advanced data network security is required due to the growing amount of IP-based data like remote sensor data and situational awareness video delivered across standard interfaces. Besides, protecting military satellites from cyberattacks has grown more and more important since cyber resources in the air, on the ground, and in space are exposed to a variety of dangers. Since the military network infrastructure and communication data is important, in case the security lapses it may risk public safety. To prevent this, the defense industry is implementing secure military communications technologies.
Focus on Growing Investments, mainly in IoT-Based Communication Systems is Expected to Boost the Market Growth
The Military Communications Market is being driven by a growing focus on increased investments in the integration of cutting-edge technologies like artificial intelligence and machine learning into communication systems to improve military communication. For real-time info on the battleground, the military forces require a sophisticated communication system. As part of its communication protocols, the forces also demand tactical communication between military leaders and allies. The Military Communications Market is also expanding due to rising investments in IoT-based communication systems that improve defense operations.
High Prices of Military Communication Systems May Restrain the Market Growth
The design of military communications should be extremely durable since they are installed and operated in challenging conditions. The system comes with a variety of characteristics that can be used depending on the shifting military mission. Furthermore, it is impossible to maintain such systems on a regular basis. Due to high-quality materials used in these systems, their longevity is increased.
A hi-assurance ethernet encryptor contract from a national security agency was awarded to General Dynamics Corporation in May 2022. This will probably allow the business to provide a hi-assurance encryption solution which complies with ethereal data.
Military Communications Market is segmented based on regional analysis into five major regions: North America, Latin America, Europe, Asia Pacific and the Middle East and Africa. The market in Asia Pacific region is expanding exponentially owing majorly to the escalating border and security concerns from surrounding nations. In the Military Communications Market, the region is anticipated to develop at the fastest rate and foresee the maximum growth rate during the forecast period. North America is anticipated to hold a major market over the projection period due to its rapid technological developments.
The telecommunications sector has been particularly affected by the epidemic, and has experienced market expansion due to the growing need for improvement in communication tools for better situational awareness and fighting the virus. A comprehensive communication network was needed for enhanced situational awareness since numerous governments and their military forces were engaged in medical assistance and humanitarian missions within their nations. The COVID-19 epidemic, the rapid rise in terrorism, and cross-border conflicts forced both industrialized and developing nations to strengthen their national security plans. This factor has affected the high demand for submarines and the market growth.
North America Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – United States and Canada
ATTRIBUTE |
DETAILS |
Study Period |
2018-2032 |
Base Year |
2022 |
Forecast Period |
2022-2032 |
Historical Period |
2019-2021 |
Growth Rate |
CAGR of 4.8% from 2022-2032 |
Unit |
Value (USD Billion) |
Segmentation |
Main Segments List |
Component |
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Communication Type |
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Application |
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By Region |
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Military Communications Market size was estimated at USD 34 billion in 2021 and is expected to reach USD 57.0 billion in 2032.
Military Communication is the transfer of information from investigation and several other units in contact with the rival. It is also the means for practicing command by the transmission of instructions and orders of commanding officers to their subordinates
Military SATCOM Systems and Airborne Communication segments accounted for the largest Military Communications Market share.
Key players: Airbus S.A.S, Lockheed Martin Corporation, General Dynamics Corporation, Northrop Grumman Corporation, BAE Systems, Thales Group, Collins Aerospace, L3Harris Technologies Inc., Israel Aerospace Industries, Rohde & Schwarz, Cobham PLC, ASELSAN A.S., Viasat Inc., QinetiQ Group Plc, Iridium Communications Inc., and Other Prominent Players are the key players in the Military Communications Market.
Replacement of modernized technologies over the conventional ones and growing investments by governments worldwide are the factors driving the Military Communications Market.
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