PUBLISHER: Lucintel | PRODUCT CODE: 1417094
PUBLISHER: Lucintel | PRODUCT CODE: 1417094
The future of the global tactical communication market looks promising with opportunities in the command & control, intelligence, surveillance & reconnaissance (ISR), situational awareness, and routine operations markets. The global tactical communication market is expected to reach an estimated $19.9 billion by 2030 with a CAGR of 4.5% from 2024 to 2030. The major drivers for this market are growing investment in defense expenditure, increased need for essential communication services ,and shift from analog to digital radio communication devices.
A more than 150-page report is developed to help in your business decisions.
The study includes a forecast for the global tactical communication by platform, technology, component, application, and region.
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies tactical communication companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the tactical communication companies profiled in this report include-
Lucintel forecasts that space is expected to witness highest growth over the forecast period.
Within this market, command and control will remain the largest segment.
APAC is expected to witness highest growth over the forecast period.
Market Size Estimates: Tactical communication market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Tactical communication market by various segments, such as by platform, technology, component, application and region in terms of($B).
Regional Analysis: Tactical communication market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different platform, technology, component, application, and regions for the tactical communication market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the tactical communication market.
Analysis of competitive intensity of the industry based on Porter's Five Forces model.
Q.1 What is the tactical communication market size?
Answer: The global tactical communication market is expected to reach an estimated $19.9 billion by 2030.
Q.2 What is the growth forecast for tactical communication market?
Answer: The global tactical communication market is expected to grow with a CAGR of 4.5% from 2024 to 2030.
Q.3 What are the major drivers influencing the growth of the tactical communication market?
Answer: The major drivers for this market are growing investment in defense expenditure, increased need for essential communication services, and shift from analog to digital radio communication devices .
Q4. What are the major segments for tactical communication market?
Answer: The future of the tactical communication market looks promising with opportunities in the command & control, intelligence, surveillance & reconnaissance (isr), situational awareness, and routine operations markets.
Q5. Who are the key tactical communication market companies?
Answer: Some of the key tactical communication companies are as follows.
Q6. Which tactical communication market segment will be the largest in future?
Answer: Lucintel forecasts that ground is expected to witness highest growth over the forecast period.
Q7. In tactical communication market, which region is expected to be the largest in next 5 years?
Answer: APAC is expected to witness highest growth over the forecast period.
Q.8 Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.