Military Communications Market 2021-2031

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The Military Communications Market 2021-2031 covers the market trends for this vertical across the segments Region, End-User, and Application. Technology developers have been trying to perfect techniques via which various DODs across the world could potentially function in a synchronized fashion. Conclusively, the growth in military procurement and the subsequent rise in defense spending is poised to market growth dynamics. The impacts of COVID-19 are yet to be countered by the global markets. The worldwide economy is poised to recover by the year 2023-2024. The Table of Content would give the readers a perspective of the coverage of the Military Communications Market 2021-2031.

Description

All forms of communication or conveyance of information are covered within the military communications (commonly known as comms) market. The proliferation of communications market initiated with runners, followed by audio-visual means of communication. Presently the market is centered on technologies that enable the transfer of information via electronic equipment. The electronic age has hereby accelerated the commemoration of network-centric communication that allows troops to relay information across platforms. The use of this technology propels the survivability amongst troops since the tactical endurance of the armed forces can be strengthened via communication.

As of 2020, the military communications systems market was poised to attain a market value of roughly USD 33 Billion. The market is growing with a CAGR of 4% during the forecast period 2021-2031. The growth in network-centric warfare-based amenities is one of the key drivers for this market. The expanding global defense budget is another factor that facilitates the growth associated with this segment. As of 2020, it was witnessed that the US accounted for roughly 39% of the global defense budget incurred. The increased emphasis on security and safety of troops is poised to bolster the research-based spending within the military communications market.

Growing animosities amidst various nations and the exceeding border tensions amongst Asian countries are two of the key factors which are expected to accelerate the growth within this market. Border tensions within India and China are expected to boost the defense budget for both the upcoming nations. Moreover, the brewing insurgency within Afghanistan is also expected to increase the security of the neighboring countries owing to the growing militant threat.

Growing cyber threats is one of the key drivers for this market. As of 2017, the US introduced a military code also known as an M-Code that improves anti-jamming. The M code also protects against spoofing and other internet threats in addition to providing the military with secure access to the GPS. The M-code early usage capability was provided to GPS satellites during the study period. The contract was undertaken by Lockheed Martin and its value was recorded to be USD 45.5 Million.

One of the growing market opportunities within this segment is the growing number of communication platforms that operate within the Ka frequency. The data transfer rates associated with the same are higher as compared to Ku and X bands due to which the market is poised to attain rapid growth dynamics.

However, in terms of technology barriers, it is to be noted that the inter-operability of platforms is a concept that is presently being explored by researchers. The market has limited growth since the communication frequencies fail to travel long distances. Technology developers have been trying to develop techniques via which various DODs across the world could potentially function in a synchronized fashion. Conclusively, the growth in military procurement and the subsequent rise in defense spending is poised to market growth dynamics. The impacts of COVID-19 are yet to be countered by the global markets. The worldwide economy is poised to recover by the year 2023-2024.

Table of Contents

Market Definition

 

Market Segmentation

 

– By End-User

– By Application

– By Region

 

10 Year Market Outlook

 

The 10-year market outlook would give a detailed overview of changing dynamics, technology adoption overviews and the overall market attractiveness is covered in this chapter.

 

Market Technologies

 

This segment covers the top 10 technologies that is expected to impact this market and the possible implications these technologies would have on the overall market.

 

Global Market Forecast

 

The 10-year market forecast of this market is covered in detailed across the segments which are mentioned above.

 

Regional Market Trends & Forecast

 

The regional market trends, drivers, restraints and Challenges of this market, the Political, Economic, Social and Technology aspects are covered in this segment. The market forecast and scenario analysis across regions are also covered in detailed in this segment. The last part of the regional analysis includes profiling of the key companies, supplier landscape and company benchmarking.

 

North America

 

– Drivers, Restraints and Challenges

– PEST

– Market Forecast & Scenario Analysis

– Key Companies

– Supplier Tier Landscape

– Company Benchmarking

 

Europe

Middle East

APAC

South America

 

Country Analysis

 

This chapter deals with the key defense programs in this market, it also covers the latest news and patents which have been filed in this market. Country level 10 year market forecast and scenario analysis are also covered in this chapter.

 

US

– Defense Programs

– Latest News

– Patents

– Current levels of technology maturation in this market

– Market Forecast & Scenario Analysis

 

Canada

Italy

France

Germany

Netherlands

Belgium

Spain

Sweden

Greece

Australia

South Africa

India

China

Russia

South Korea

Japan

Malaysia

Singapore

Brazil

 

Opportunity Matrix

 

The opportunity matrix helps the readers understand the high opportunity segments in this market.

 

Expert Opinions

 

Hear from our experts their opinion of the possible outlook for this market.

 

Conclusions

 

About Aviation and Defense Market Reports

Countries Covered

US

Canada

Italy

France

Germany

Netherlands

Belgium

Spain

Sweden

Greece

Australia

South Africa

India

China

Russia

South Korea

Japan

Malaysia

Singapore

Brazil

Regions Covered

North America

South America

Europe

Middle East

Asia

Segments Covered

By Region

By Application

By End-User