Vancouver, BC -- (SBWIRE) -- 01/25/2021 -- Market Size – USD 33.06 billion in 2019, Market Growth - CAGR of 3.8%, Market Trends – Higher usage of Military Communication Systems in defense intelligence agencies

Military command and control are often dependent on a composite network of communication equipment, workforce, and protocols to transmit information within sectors. The highly dynamic and complex nature of military and defense organization missions has transformed the way the military personnel engages in strategizing and implementation. The market growth is propelled by the augmenting requirement of the timely decision-making process from the acquired information and transferring the vital information with an excellent encryption level. The Global Military Communication Systems Market is predicted to be valued at USD 44.89 Billion by 2027, expanding with a CAGR of 3.8%, according to a recent analysis by Emergen Research.

Key players in the market The Boeing Company, BAE Systems, Lockheed Martin, Rockwell Collins, Elbit Systems, Northrop Grumman, Thales Group, Leonardo S.p.A., Raytheon Company, and General Dynamics, among others.

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Market Drivers
The augmented use of space-based communication equipment and smart city command center is predicted to fuel the industry's expansion. Increasing application of geospatial intelligence, escalating cyber-attacks and data breaches on the government databases, growing threats and cross-border enmities & asymmetric warfare, and the amplifying investment in defense and intelligence sector are some major elements contributing to the industry's growth over the projected timeframe. The rising adoption of organized military communication systems that are designed to solve complex situations with self-paced and the capability of instantly acting is further driving the demand of the market.

Regional Analysis
Asia Pacific is projected to proliferate at a significantly higher CAGR during the estimated timeframe owing to the soaring investment in defense sector, increasing defense and intelligence budget, increasing incidences of cross-border enmities, and rapid advancement in the technological industry. North America, due to its increasing investment in government bodies and advancement in information technology, is predicted to account for a substantial share of the industry.

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Application Outlook (Revenue: USD Billion; 2017-2027)
Military Commands
Homeland Security & Cyber Protection
Military Critical Infrastructure
Routine Operations
Emergency Services
Transportation System
Others

Platform Outlook (Revenue: USD Billion; 2017-2027)
Land
Airborne
Naval
Joint
Space

Component Outlook (Revenue: USD Billion; 2017-2027)
Products
Services

End Users Outlook (Revenue: USD Billion; 2017-2027)
Army
Air force
Navy
Defense Intelligence
Commercial Services

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Table of Content
Chapter 1. Methodology & Sources
1.1. Market Definition
1.2. Research Scope
1.3. Methodology
1.4. Research Sources
1.4.1. Primary
1.4.2. Secondary
1.4.3. Paid Sources
1.5. Market Estimation Technique

Chapter 2. Executive Summary
2.1. Summary Snapshot, 2019-2027

Chapter 3. Key Insights

Chapter 4. Military Communication Systems Market Segmentation & Impact Analysis
4.1. Military Communication Systems Market Material Segmentation Analysis
4.2. Industrial Outlook
4.2.1. Market indicators analysis
4.2.2. Market drivers analysis
4.2.2.1. Growing incidences of security breaches in defense
4.2.2.2. Asymmetric warfare interpersonal relationships among countries
4.2.2.3. Huge growth in the IoT devices & information technology
4.2.3. Market restraints analysis
4.2.3.1. Regulatory hurdles & higher cost associated to it
4.2.3.2. Inefficient research methodologies
4.3. Technological Insights
4.4. Regulatory Framework
4.5. Porter's Five Forces Analysis
4.6. Competitive Metric Space Analysis
4.7. Price trend Analysis
4.8. Covid-19 Impact Analysis

Chapter 5. Military Communication Systems Market By Application Insights & Trends, Revenue (USD Billion)
5.1. Application Dynamics & Market Share, 2019 & 2027
5.1.1. Military Commands
5.1.2. Homeland Security & Cyber Protection
5.1.3. Military Critical Infrastructure
5.1.4. Routine Operations
5.1.5. Emergency Services
5.1.6. Transportation System
5.1.7. Others

Chapter 6. Military Communication Systems Market By Platform Insights & Trends Revenue (USD Billion)
6.1. Platform Dynamics & Market Share, 2019 & 2027
6.1.1. Land
6.1.2. Airborne
6.1.3. Naval
6.1.4. Joint
6.1.5. Space

Chapter 7. Military Communication Systems Market By Component Insights & Trends Revenue (USD Billion)
7.1. Component Dynamics & Market Share, 2019 & 2027
7.1.1. Products
7.1.2. Services

Chapter 8. Military Communication Systems Market By End Users Insights & Trends Revenue (USD Billion)
8.1. End Users Dynamics & Market Share, 2019 & 2027
8.1.1. Army
8.1.2. Air force
8.1.3. Navy
8.1.4. Defense Intelligence
8.1.5. Commercial Services
Continued…