World Tactical Communications Market to Register 2.75% CAGR through 2027, Forecasts SDI in Its New Topical Report Available at MarketPublishers.com
24 May 2017 • by Natalie Aster
LONDON – The changing warfare scenario has encouraged the militaries to make a greater focus on tactical communications. Factors like connected movement in battlefield, force coordination, constant contact with the base stations and associated platform propels the demand for improved communications systems. The major military forces take measures to improve the communication network for their armed forces and also uplift their military capabilities and combat effectiveness. Besides, ongoing advancements in C4ISR technologies drive the demand for network based communication solutions across all military platforms to ensure faster multi-way responses during missions.
In 2017, the world’s tactical communications market is evaluated at around USD 9.9 billion. This market is predicted to increase at a 2.75% CAGR in the years ahead to reach USD 13 billion by the year 2027.
The worldwide tactical communications market is projected to be led by man-portable systems sector, which will capture a share of nearly 43%. It will be followed by the vehicular and naval sectors with a 28% share and an 11% share, respectively.
North America is poised to hold the dominant position in the world’s tactical communications market during 2017-2027, accounting for a 38% market share. It will be followed by APAC and Europe with shares of 30% and 20%, respectively.
New topical report “The Global Tactical Communications Market 2017-2027” published by Strategic Defence Intelligence (SDI) gives an extensive granular analysis of tactical communications market scenario across the key geographies. It discloses data on the historical background and present state of the market, examines the market dynamics, reviews the key factors influencing the market development and outlines the top challenges and opportunities. The report contains a detailed market segmentation analysis, delves into competitive landscape, discusses the prevailing trends and profiles leading players. Additionally, the report includes a future outlook through 2027.
Follow to the SDI online catalogue at MarketPublishers.com to find many other research studies prepared by this publisher.