PUBLISHER: Global Industry Analysts, Inc. | PRODUCT CODE: 1589005
PUBLISHER: Global Industry Analysts, Inc. | PRODUCT CODE: 1589005
Global Signals Intelligence (SIGINT) Market to Reach US$21.6 Billion by 2030
The global market for Signals Intelligence (SIGINT) estimated at US$17.0 Billion in the year 2023, is expected to reach US$21.6 Billion by 2030, growing at a CAGR of 3.5% over the analysis period 2023-2030. Communication Intelligence, one of the segments analyzed in the report, is expected to record a 3.7% CAGR and reach US$13.8 Billion by the end of the analysis period. Growth in the Electronic Intelligence segment is estimated at 3.2% CAGR over the analysis period.
The U.S. Market is Estimated at US$4.6 Billion While China is Forecast to Grow at 3.4% CAGR
The Signals Intelligence (SIGINT) market in the U.S. is estimated at US$4.6 Billion in the year 2023. China, the world's second largest economy, is forecast to reach a projected market size of US$3.5 Billion by the year 2030 trailing a CAGR of 3.4% over the analysis period 2023-2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at a CAGR of 3.2% and 3.0% respectively over the analysis period. Within Europe, Germany is forecast to grow at approximately 3.8% CAGR.
Global Signals Intelligence (SIGINT) Market - Key Trends and Drivers Summarized
How Is Signals Intelligence (SIGINT) Enhancing National Security?
Signals Intelligence (SIGINT) is a vital component of military and intelligence operations, providing critical information through the interception and analysis of electronic signals. It involves collecting data from communications signals (COMINT), electronic signals (ELINT), and radar signals to monitor and analyze foreign communications, military activities, and potential threats. SIGINT supports decision-making, strategic planning, and situational awareness, making it essential for national defense, law enforcement, and counter-terrorism efforts. As geopolitical tensions rise and the global security landscape evolves, SIGINT continues to be a cornerstone of intelligence gathering, enabling countries to detect and counter threats in real time.
What Are the Key Segments in the SIGINT Market?
Communications Intelligence (COMINT) and Electronic Intelligence (ELINT), with COMINT holding a larger share due to its broad application in monitoring voice, data, and text communications for intelligence purposes. Major applications cover defense, homeland security, and cybersecurity, with defense representing the largest segment as it encompasses military operations, battlefield surveillance, and strategic intelligence. End-users include defense agencies, intelligence agencies, and law enforcement, with defense agencies leading the market due to their extensive use of SIGINT for national security and threat mitigation.
How Is SIGINT Being Deployed Across Defense and Intelligence Operations?