Market Research: Military Communications Market Worth $30.12 Billion by 2019
SATCOM Terminals, Commercial off The Shelf (COTS), Military Communication Security, Tetra Radio, JTRS, Software Defined Radio, Radio Communication, Tactical Communication.
With the increasing need for secure and fast communication in military, various products and services based on the latest technological advancements have developed. Various communication technologies such as software-embedded radio systems Ka band and high frequency services to limit the bandwidth constraint are emerging and expected to have exponential growth in the times to come. The major factors driving the military communications market are interoperability and better security solutions for protected, safe, and fast communication. The restraining factors in this market are the military budget constraint and highly dynamic government investment in military, interoperability, secure, fast and protected communication.
Companies such as Northrop Grumman, L-3 Communications, BAE Systems, Rockwell Collins, Thales, Airbus Group, Lockheed Martin Corporation, Harris Corporation, General Dynamics, Raytheon, and Alcatel Lucent are the major players in the military communications market.
This research report provides an overview, market study, and segmentation based on various infrastructure integration services, application integration services, consulting, regions, and verticals for this market. Furthermore, the report gives detailed analysis on global trends and forecasts, competitive landscape, and analysis on Venture Capital (VC) and Mergers and Acquisitions (M&A) related to the market.
The market research report categorizes the global market for military communications on the basis of communication types, components, applications, and regions. It also forecasts volumes and revenues and analyzes trends in each of the submarkets.
