Tactical Communication Market Size, Scope, and Share by 2031
Tactical Communication Market: Strategic Insights
Tactical Communication Market
-
CAGR (2023 - 2031)7.6% -
Market Size 2023
US$ 19.11 Billion -
Market Size 2031
US$ 34.36 Billion
Market Dynamics
GROWTH DRIVERS
- The rise in global military expenditure
- Growing concerns related to security of military communications
- The rising modernisation and replacement of aging communication equipment
FUTURE TRENDS
- The rising adoption of satellite communication (SATCOM) technology to provide advanced communication capabilities
OPPORTUNITIES
- Increasing Modernization of Reconnaissance Equipment in Defense Forces
Key Players
- BAE Systems PLC
- General Dynamics Corporation
- Iridium Communications
- Northrop Grumman Corporation
- Raytheon Company
- Thales Group
- Ultra Electronics
- Viasat Inc
- Airbus S A S
- L3Harris Technologies Inc
Regional Overview
- North America
- Europe
- Asia-Pacific
- South and Central America
- Middle East and Africa
Market Segmentation
Platform - Airborne
- Shipborne
- Land
- Underwater
Type - Soldier Radio
- Manpack Radio
- VIC
- HCDR
Technology - Time-Division Multiplexing and Next-Generation Network
Application - ISR
- Combat
- Command & Control
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