PUBLISHER: TechNavio | PRODUCT CODE: 1738186
PUBLISHER: TechNavio | PRODUCT CODE: 1738186
The satellite communication in defense sector market is forecasted to grow by USD 4,178.3 mn during 2024-2029, accelerating at a CAGR of 9.7% during the forecast period. The report on the satellite communication in defense sector market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increased seaborne security threats, increase in investment in defense sector, and rising concerns over political instability in different regions.
Market Scope | |
---|---|
Base Year | 2025 |
End Year | 2029 |
Series Year | 2025-2029 |
Growth Momentum | Accelerate |
YOY 2025 | 8.7% |
CAGR | 9.7% |
Incremental Value | $4,178.3 mn |
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market size data, segment with regional analysis and vendor landscape in addition to an analysis of the key companies. Reports have historic and forecast data.
Technavio's satellite communication in defense sector market is segmented as below:
By Application
By Platform
By Service
By Geographical Landscape
This study identifies the use of ai in satellite communication for earth-based observation as one of the prime reasons driving the satellite communication in defense sector market growth during the next few years. Also, high demand for remote sensing and monitoring applications and government plans to build network of spy satellites will lead to sizable demand in the market.
The report on the satellite communication in defense sector market covers the following areas:
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading satellite communication in defense sector market vendors that include Airbus SE, Cobham Ltd., EchoStar Corp., Elbit Systems Ltd., Eutelsat S.A., General Dynamics Corp., GMV Innovating Solutions SL, Honeywell International Inc., Indra Sistemas SA, KVH Industries Inc., L3Harris Technologies Inc., Lockheed Martin Corp., ORBCOMM Inc., RTX Corp., Thales Group, Thuraya Telecommunications Co., and Viasat Inc.. Also, the satellite communication in defense sector market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.
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