Return to: Aviation News

Military Communication market is anticipated to reach USD 62 Billion by 2024

Advancement in various products and technologies such as higher frequency Ka-band terminals, IP-centric communications and advanced extremely high frequency (AEHF) band satellite systems with fast and secure communication are expected to support the strong growth of military communication market in coming future.According to Goldstein Research market study on Global Military communication market, “Ability to understand the battlefield situations and awareness & management of conflictsat formative stages are driving the need for critical, exquisite and advance satellites for military operations. Defense industry equipped with antiquated network communication with limited information capabilities is driving the demand for advance military communication systems. Global Military communication market size is anticipated to reach USD 62 Billion by the end of 2024, expanding at a compound annual growth rate of 11.3% over the forecast period. In 2015, North America occupied 46% of the global market in terms of revenue share, North America military communication market size is expected to reach USD 23 Billion by the end of 2024.
Request for TOC@

Market Segmentation
Global Military Communication Market is segmented on the following basis:
• Based on Communication Type
o Air-Based Communication
o Ship-Based Communication
o Air-Ground Based Communication
o Underwater Based Communication
o Ground-Based Communication
• Based on Systems
o Military SATCOM Systems
o Military Radar Systems
o Military Radio Systems
o Military Intercom Network Systems
o Military Communication Management Systems
• Based on Application
o Command and Control
o Situational Awareness
o Routine Operations
o Others Applications (Disaster Recovery Operations and Remote location Operations)
• Based on Geography
o North America (U.S. & Canada)
o Latin America (Brazil, Mexico, Argentina & Rest of Latin America)
o Europe (The U.K., Germany, France, Italy, Spain, Poland, Sweden &RoE)
o Asia-Pacific (China, India, Japan, Singapore, South Korea, Australia, New Zealand, Rest of Asia)
o Middle East & Africa (GCC, South Africa, North Africa, RoMEA)
o Rest of World

“Global Military Communication Market Outlook 2024” contains detailed overview of the global military communication market in terms of market segmentation by communication type, by systems and by application.

Further, for the in-depth analysis, military communication market report encompasses the industry growth drivers, market challenges, risk analysis, market attractiveness, BPS (Base Point Scale) analysis, Porter’s five force model and SWOT analysis.

Global military communication market report also provides competitive outlook of some of the major players of global military communication market which includes profiling of companies such as Lockheed Martin Corporation, BAE Systems plc, Northrop Grumman Corporation, L-3 Communications Holdings Inc., Airbus group, Rockwell Collins, Raytheon Company, Thales Group, Alcatel-Lucent S.A., General Dynamics Corporation, Harris Corporation, Ultra Electronics, Elbit Systems and ViaSat, Inc. The company profiles include business strategy, geographical revenue distribution, major information of the companies which encompasses business outlook, products, services and industries catered, financial analysis of the company and recent developments.
Send Us Sample Request@

About Goldstein Research
Goldstein Research is a leading market research and advisory firm currently has a strong presence in the American and Asian countries. In the next five years, we strive to expand our reach to 50+ nations spanning across Europe, Asia and parts of the Middle East and Africa. We strive to realize a strong brand presence globally through our quality research and forecasting solutions.

Our mission is simple: to develop insightful business solutions, help our clients make powerful future decisions to keep them well ahead of the game which is the market, and leave a mark across businesses and communities through our well-defined ideas and clear cut forecasts. Backed up by reliable research and impactful statistics, our business solutions empower our clients to grow at a fast pace despite unsettling fluctuations in the market. We believe in vigorous examination of the current market scenario and build around creative ideas and approaches that are most suitable to our clients’ needs and business agenda.

Browse full market report@

Contact for more Info:
Mark Twain
(Global Sales Head)
USA: + 1-646-568-7747
Canada: 1-437-886-1181
UK: +44-203-318-6627
www.goldsteinresearch ...

News Release: Military Communication market is anticipated to reach USD 62 Billion by 2024
Submitted on: October 27, 2017 12:53:43 PM
Submitted by: Mark twain
On behalf of: