Market Outlook : Military Communications Market Globally Grow at a Significant CAGR by Revenue During the Period 2016-2021

Market Highlights:

The global expenditure over military communication has crossed a trillion mark, as huge investment is made by federal government to adopt innovative communication solutions in different government departments. The market is expected to account for over $40 Billion in revenue by the end of 2020, with investments ranging from the adoption of multi-band and multi-mode tactical radio systems, to the integration of ad hoc networking platforms in unmanned vehicles.Interoperability and bertter security of military services are the factors driving the market growth. Military communication market includes advanced components and technologies. Software defined radios are growing at a rapid pace and are used in various kinds of radios such as tetra radio, joint tactical radio and mobile radio systems. Cost involved in adoption of advanced technologies pose a big challenge to the growth of this market. Multiple communication platforms such as LTE, 3G, 2G and 4G requires considerable hardware and increases complexity and  ultimately increases the cost.

Military communications facilitates the secure and robust provision of timely connectivity, exercise of authority, and also in the direction of forces across geographies. The mission critical nature of this market necessitates the integration of emerging technologies such as robotics, artificial intelligence, meta-materials, to improve the delivery of the right information to the right location and at the right time in an actionable format. Companies are estimated to invest in the military communications market at a rapid rate during the forecast period, despite the economic slowdown, technological challenges, and budget cuts.

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Key Players:

U.K. Ministry of Defence, U.S. Air Force, U.S. Army, U.S. Department of Defense, U.S. Department of Homeland Security, U.S. Marine Corps, U.S. Navy UltiSat, Ultra Electronics,VadaTech,SAT Corporation,Savox Communications,Scitor Corporation,Sealevel Systems, Secure Communication, Systems Secure, Technology Company.

Key features of Military Communications market:

  • In-depth knowledge of Military Communications market that supports opportunities, growth, restraints and practicability study.
  • Study of emerging markets furthermore a complete analysis of existing Military Communications market segments.
  • Dominating market Military Communications players are cited in the report.
  • The developing Military Communications market tendencies and technologies have accelerated number of enterprise models and corporations across the globe.
  • Decent classification of Military Communications market is done on the basis of end-user applications, major product type, mode of transport, market size, and application.
  • The data provided in this research Military Communications report is descriptive not only in terms of quantity but also quality

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Industry Outlook:

Armed forces throughout the globe rely on communication systems to enable information sharing and securely stay in constant contact. The role of these systems continues to grow in importance, with new mission areas such as the control of unmanned vehicles and time-critical targeting heavily reliant on network connectivity.Despite pressures on overall defense expenditure, a universal trend towards network centric warfare combined with an unstable geopolitical landscape, is continuing to drive significant investments in military communications.

The “Military Communications Market: 2015 – 2030 – Opportunities, Challenges, Strategies & Forecasts” report presents an in-depth assessment of the military communications ecosystem including key trends, market drivers, challenges, enabling technologies, regional investment landscape, submarkets, leading applications, opportunities, future roadmap, value chain, ecosystem player profiles and strategies. The report also presents market size forecasts for military communications from 2015 through to 2030. The forecasts are segmented for 6 submarkets, 3 service branch classifications, 5 regions and 50 leading countries.

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