About Military Communications
Military communications constitute a vital part of the security, economic, and scientific capabilities of various countries, worldwide. The increasing use of smart devices and sensors in the defense and military sector, the market for military communications is likely to encounter with abundant revenue generation opportunities in near future. The rapid economic growth in the Asia Pacific and increasingly sophisticated military technology is transforming the global defense landscape.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Billion) |
CAGR | 3.4% |
The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new service launches and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail a competitive advantage through combined synergies. Analyst at AMA Research estimates that United States Players will contribute the maximum growth to Global Military Communications market throughout the forecasted period. Established and emerging Players should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Alcatel-Lucent (France), BAE Systems (United Kingdom), General Dynamics (United States), Harris Corporation (United States), L-3 Communication (United States), Lockheed Martin (United States), Northrop Grumman (United States), Raytheon (United States), Rockwell Collins (United States) and Thales Group (France) are some of the key players that are part of study coverage.
Segmentation Overview
AMA Research has segmented the market of Global Military Communications market by Type (Security System, Military Satcom and Radio System), Application (Land Forces, Naval Forces and Air Forces) and Region.
On the basis of geography, the market of Military Communications has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Communication Type, the sub-segment i.e. Airborne Communications will boost the Military Communications market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Rapid adoption of advanced Ka-band satellites for communication services
Market Growth Drivers:
Increasing adoption of Mobile Ad-Hoc Networks (MANETS)
Challenges:
Budgetary limitations and lack of developing skilled personnel
Restraints:
Financial limitation towards procurement and interoperability issues
Opportunities:
Need to modernize and replace aging communication equipment
Market Leaders and their expansionary development strategies
In October 2023, The US Space Systems Command announced its plans to issue a request for proposals for the development of the Evolved Strategic Satellite Communications System (ESS) constellation under a USD 8 billion contract.
IIn March 2022, The Defence Ministry approved the long-awaited GSAT-7B satellite, which is likely to be used by the Indian Army for communication.
Key Target Audience
Providers of Military Communications Systems, Vendors of Software Applications, System Integrators, Value-added Resellers, Vendors of Hardware Applications and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.