Military Communications Market Worth $30 12 Billion by 2019

So to carry on my run of posts on this website, I have planned to share one of my favorite posts this week. I used to be cautious to include it to the site as I actually did not want to offend the initial writer, but I hope he/she is glad that I loved reading their work and wanted to share it with my readers.

The report “Military Communications Market – (SATCOM Terminals, Commercial off The Shelf (COTS), Military Communication Security, Tetra 2 Way Radio, JTRS, Software Defined Radio, Radio Communication, Tactical Communication) – Worldwide Forecasts & Analysis (2014 – 2019)”, provides a comprehensive market and forecast analysis of the overall market, segmented by communication types, components, applications, regions, and verticals.

Browse 66 market data tables and 13 figures spread through 116 pages and in-depth TOC on “Military Communications Market”.

http://www.marketsandmarkets.com/Market-Reports/military-communications-market-66198542.html

Early buyers will receive 10% customization on this report.

The report covers all the major sub segments of the Military Communications Market and provides quantitative (market size and market growth) and qualitative (trends, analysis, and insights) coverage for those segments. This comprehensive coverage of the Military Communications Market provides important inputs such as drivers, restraints, and opportunities in this market, profiles the major players in this market, maps the competitive landscape, and provides the overall perspective on the Military Communications Market in the various applications and regions.

Since early times, military communication technologies have changed many folds with new frequency adoption, software embedded products, and cost-effective methods. Security and confidentiality of data is the utmost requirement in military communications, for which new solutions are constantly introduced. It is expected that future outlook for growth in the Military Communications Market will continue to remain bright as companies continue to search for open and distributed architectures. With the adoption of new technologies and advancements it is expected that requirement of military products and services will continue to grow.

MarketsandMarkets has segmented the Military Communications Market by types of communication: airborne communication, air-ground communication, underwater communication, ground-based communication, ship borne communication; by types of components: military Satellite Communication (SATCOM) (Military Strategic and Tactical Relay (MILSTAR), Mobile Satellite Service (MSS), Fleet Satellite Communication System (FLTSATCOM), Very Small Aperture Terminal (VSAT), military radio systems( data links and terminals, mobile radio systems, tactical radio systems), military radar and sonar systems, military security systems (encryption systems, electronic countermeasure systems, and interception systems); by types of applications: command and control, routine operations, situational awareness, and other applications; and by regions: North America (NA), Asia Pacific (APAC), Europe (EU), Middle East and Africa (MEA), and Latin America (LA).

MarketsandMarkets forecasts the Military Communications Market to grow from $18.46 billion in 2014 to $30.12 billion in 2019. This represents a Compound Annual Growth Rate (CAGR) of 7.2% from 2014 to 2019.

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s