World Military Communications Market to Be Worth $17.03bn in 2012, Says Visiongain22 May 2012 • by Natalie Aster
Communications remain the backbone of militaries across the globe. In an increasingly digitised battlespace, the communications requirements of troops are constantly expanding, with demand rising for increased capability all the way down the command chain. As a result, spending on military communications is set to increase significantly over the forecast period, mainly fuelled by the spending drives of emergent powers such as China and India.
Furthermore, the vital importance of military communications will ensure that most spending will be spared from defence budget cuts in recession-hit Europe and North America. It has been determined that the military communications market will be worth $17.03bn in 2012.
According to the report “The Military Communications & COTS Market 2012-2022” by Visiongain, continued growth in military communications spending is also being driven by technological, as well as economic, development. The rise to prominence of unmanned platforms and software-defined tactical radios, capable of beyond-line-of-sight (BLOS) and on-the-move (OTM) communication, places significant new demands on bandwidth. Many militaries are aiming to build their own satellite communications and navigational infrastructure so as to reduce reliance on the US. Meanwhile, the US itself, which accounts for a substantial proportion of the global military communications market in 2012, is seeking to upgrade and modernise its military communications infrastructure and equipment.
The Military Communications & COTS Market 2012-2022
Published: February, 2012
Price: US$ 2.953,00
The use of commercial-of-the-shelf (COTS) equipment has become an increasingly prominent feature of the military communications market. Research & development is being conducted more frequently by private companies as opposed to defence ministries. Companies are increasingly dictating what products will be manufactured and seeking to exploit crossover potential between the commercial and military communications sectors.
The USA, China and Western Europe will continue to be at the forefront of spending in this sector, albeit with modest growth during the forecast period besides China, allowing for the likes of India, Russia and Saudi Arabia to increase the size of the market shares they command. The Middle East and Asia-Pacific will be two of the key regions for growth.
More information can be found in the report “The Military Communications & COTS Market 2012-2022” by Visiongain.
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