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The military communication market is forecasted to grow by USD 8.5 billion during 2023-2028, accelerating at a CAGR of 4.34% during the forecast period. The report on the military communication market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.Speak directly to the analyst to clarify any post sales queries you may have.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increasing procurement of advanced military communication systems to strengthen defense communication security, increasing adoption of wireless communication technology, and increasing demand for UAVs.
The military communication market is segmented as below:
By Component
- Hardware
- Software
By End-user
- Army
- Air Force
- Navy
By Geographical Landscape
- North America
- APAC
- Europe
- South America
- Middle East and Africa
The report on the military communication market covers the following areas:
- Military communication market sizing
- Military communication market forecast
- Military communication market industry analysis
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The report presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.
Table of Contents
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Component
7 Market Segmentation by End-user
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Opportunity/Restraints
11 Competitive Landscape
12 Competitive Analysis
13 Appendix
List of Exhibits
Executive Summary
The following companies are recognized as the key players in the global military communication market: Airbus SE, ASELSAN AS, BAE Systems Plc, Bittium Corp., Cobham Ltd., Elbit Systems Ltd., General Dynamics Corp., Iridium Communications Inc., Kymeta Corp., L3Harris Technologies Inc., Leonardo Spa, Lockheed Martin Corp., Mercury Systems Inc., Nemco Ltd., Nokia Corp., Northrop Grumman Corp., RTX Corp., Spectra Group UK Ltd., Thales Group, and Viasat Inc..Commenting on the report, an analyst from the research team said: "The latest trend gaining momentum in the market is increase in adoption of ai and ml in military communication."
According to the report, one of the major drivers for this market is the increasing procurement of advanced military communication systems to strengthen defense communication security.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Airbus SE
- ASELSAN AS
- BAE Systems Plc
- Bittium Corp.
- Cobham Ltd.
- Elbit Systems Ltd.
- General Dynamics Corp.
- Iridium Communications Inc.
- Kymeta Corp.
- L3Harris Technologies Inc.
- Leonardo Spa
- Lockheed Martin Corp.
- Mercury Systems Inc.
- Nemco Ltd.
- Nokia Corp.
- Northrop Grumman Corp.
- RTX Corp.
- Spectra Group UK Ltd.
- Thales Group
- Viasat Inc.
