Military Communications Market

Military Communications Market size reached USD 36.2 billion in 2021 and is estimated to reach USD 64.6 billion in 2029 and the market is estimated to grow at a CAGR of 7.5% from 2022-2029.

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Market Dynamic

Key Drivers and Emerging Trends

The rising security concerns coupled with the increase in disputes among different countries across the world; increasing demand for secure, reliable digital connectivity in military networks; high dependence of maneuverer command, control, communications and intelligence on military communication system are some primary factors expected to drive the growth of the global military communications market. In addition, growing demand of military communication systems for various purposes including delivering quick response in disaster relief centers; and protecting information and the urgency of maintaining consistent communication in armed forces is further expected to contribute to the market growth.

Moreover, the rising integration of the latest technological developments including 5G networks; Software Defined Radio based data; GPS; penetration of IoT in military operations; advancements in miniaturization, low power computing, radio frequency identification, and M2M communication; smart devices and sensors for providing seamless, secure, fast and cost-effective communication solutions in the military sector is expected to provide high growth opportunities to the market over the forecast period. Furthermore, according to the World Bank, the world military expenditure has increased from $ 1.81 trillion in 2018 to $1.87 trillion in 2019. The increasing expenditure on military is expected to accelerate the market for military communication market over the forecast period.

Restraint in the Military Communication Market

However, high initial cost related to the development, installation, and maintenance of military communication and networking infrastructure is expected to restraint the growth of the market over the forecast period. Moreover, procurement and interoperability issues between different defence agencies and departments may further hamper military communications market growth.

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Component – Segment Analysis

Based on the component, the satellite communication systems segment is expected to hold a notable market share primarily due to growing demand of broadcast service, personal communications service, and bandwidth. Moreover, critical communication including conducting remote facility monitoring, real-time asset management at unmanned sites, and supporting offshore exploration projects depend on satellites which further contributes to the market growth.

 Application – Segment Analysis

Based on the application, the ISR (Intelligence, surveillance and reconnaissance) segment is expected to account for a prominent market share over the forecast period. This can be attributed to increasing penetration of IoT in military operations and rising production of powerful and energy-efficient military communication equipment. Additionally, ISR provide actionable information to guide decisions for military missions, which further supports the market growth.

End-User – Segment Analysis

Based on end-user, land forces segment is expected to grow at a prominent CAGR during the forecast period owing to the increasing incidences of land based warfare and high demand for ground-based communications systems including Mobile Satellite Service (MSS), military Satellite Communication, military radio systems, and others.

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Regional – Segment Analysis:

Based on region, North America is anticipated to hold a prominent market share during the forecast period. This can be attributed to rapid developments in defence infrastructure, and huge spending on armed forces in the region. According to the Stockholm International Peace Research Institute (SIPRI), the military expenditure for the United States for the fiscal year 2019 was $732 billion. The defence spending accounts for 15 percent of all federal spending in U.S. This is expected to accelerate the growth of the market over the forecast period.

Top Market Players

Several leading Military Communication companies operating in the market, include, BAE Systems Plc, ASELSAN A.S., Lockheed Martin Corporation, Northrop Grumman Corporation, Raytheon Technologies Corporation, Cobham Limited, Elbit Systems Ltd., General Dynamics Corporation, L3Harris Technologies, Inc., and Thales Group among others. 

Key Developments: 

• • In 2020, BAE Systems Plc completed the acquisition of the Collins Aerospace Military Global Positioning System (GPS) business from Raytheon Technologies Corporation. This acquisition is expected to enhance the BAE Systems Electronic Systems portfolio with the addition of GPS anti-jamming and anti-spoofing technology that enables navigation and guidance for a range of defence missions.

Segments covered in the Report:

The global Military Communication Market has been segmented on the basis of component, application, end-users, and key regions. Based on component, the market is segmented into systems and services. Based on the application, the market is segmented into ISR, situation awareness, command & control, and others. Based on end-users, the market is segmented into air force, land force, and naval force. 

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Key questions answered in this research report:

• • At what pace is global Military Communication Market growing? What will be the growth trend in the future?
  • What are the key drivers and restraints in Military Communication Market? What will be the impact of drivers and restraints in the future?
  • What are the regional revenues and forecast breakdowns? Which are the major regional revenue pockets for growth in the global Military Communication Market?
  • Which component generated maximum revenues in 2021 and identify the most promising component during the forecast period?
  • What are the various applications of global Military Communication Market and how they are poised to grow?
  • What companies are the major participants in this market and their business strategies, how does the competitive landscape look like?

Report Coverage	Details
Market Revenues (2021)	USD 36.2 billion
Market Base Year	2021
Market Forecast Period	2022-2029
Base Year & Forecast Units	Revenues (USD Billion)
Market Segment	By Component, By Application, By End-Users, By Region
Regional Coverage	Asia Pacific, Europe, North America, and RoW
Companies Profiled	BAE Systems Plc, ASELSAN A.S., Lockheed Martin Corporation, Northrop Grumman Corporation, Raytheon Technologies Corporation, Cobham Limited, Elbit Systems Ltd., General Dynamics Corporation, L3Harris Technologies, Inc., and Thales Group among others; a total of 10 companies covered.
25% Free Customization Available	We will customize this report up to 25% as a free customization to address our client’s specific requirements

Market Segmentation

Global Military Communication Market by Component

• • Systems
  • Satellite Communication Systems
  • Radar & Sonar Systems
  • Radio Systems
  • Services

Global Military Communication Market by Application

• • ISR
  • Situational Awareness
  • Command & Control
  • Others

Global Military Communication Market by End-User

• • Air Force
  • Land Force
  • Naval Force

Global Military Communication Market by Region

• • North America Military Communication Market (Option 1: As a part of the free 25% customization)
    • By Component
    • By Application
    • By End-Users
    • US Market All-Up
    • Canada Market All-Up
  • Europe Military Communication Market (Option 2: As a part of the free 25% customization)
    • By Component
    • By Application
    • By End-Users
    • UK Market All-Up
    • Germany Market All-Up
    • France Market All-Up
    • Spain Market All-Up
    • Rest of Europe Market All-Up
  • Asia-Pacific Military Communication Market (Option 3: As a part of the free 25% customization)
    • By Component
    • By Application
    • By End-Users
    • China Market All-Up
    • India Market All-Up
    • Japan Market All-Up
    • Rest of APAC Market All-Up
  • RoW Military Communication Market (Option 4: As a part of the free 25% customization)
    • By Component
    • By Application
    • By End-Users
    • Brazil Market All-Up
    • South Africa Market All-Up
    • Saudi Arabia Market All-Up
    • UAE Market All-Up
    • Rest of world (remaining countries of the LAMEA region) Market All-Up

Major Players Operating in the Military Communication Market (Option 5: As a part of the Free 25% Customization – Profiles of 5 Additional Companies of your Choice)

• • BAE Systems Plc
  • ASELSAN A.S.
  • Lockheed Martin Corporation
  • Northrop Grumman Corporation
  • Raytheon Technologies Corporation
  • Cobham Limited
  • Elbit Systems Ltd.
  • General Dynamics Corporation
  • L3Harris Technologies, Inc.
  • Thales Group