Signals Intelligence (SIGINT) Market to Witness Robust Expansion by 2025-General Dynamics Mission Systems, Inc., BAE Systems PLC, National Instruments Corporation

Signals Intelligence (SIGINT) Market by Component, Application, Services, and Region- Forecast to 2025

The Global Signals Intelligence (SIGINT) Market Research Report 2021-2025 published by MarketInsightsReports is a significant source of keen information for business specialists. It furnishes the Signals Intelligence (SIGINT) business outline with development investigation and historical and futuristic cost analysis, income, demand, and supply information (upcoming identifiers). The research analysts give a detailed depiction of the Signals Intelligence (SIGINT) worth chain and its wholesaler examination. Signals Intelligence (SIGINT) Market study gives extensive information which upgrades the agreement, degree, and use of this report.

The Signals Intelligence Market is expected to register a CAGR of approximately 5% during the forecast period (2020 - 2025).

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Top Leading Companies of Signals Intelligence (SIGINT) Market are General Dynamics Mission Systems, Inc., BAE Systems PLC, National Instruments Corporation, Rohde & Schwarz GmbH & Co KG, ThinkRF Corp., Lockheed Martin Corporation, Northrop Grumman Corporation, Thales Group, Elbit Systems Ltd., SaaB AB, L3 Harris Corporation, Cobham PLC and others.

-Industry News And Updates on Signals Intelligence (SIGINT) Market-

North America is Expected to Dominate the Market

- The North America region is the highest spending region for its military and defense activities across the world and is mainly driven by the expenditure from the United States. In 2019, the country spent over USD 686 billion on its defense budget. Whereas, Canada made spending of over USD 22 billion in the same year. In the fiscal year 2019, the president of the United States has signed a National Defense Authorization Act bill that increases funding for military and defense.

- Rising incidences of terrorist attacks in recent years have compelled the government of the region to implement robust physical security strategies. Hence, the companies in the country are actively focused on their product innovation strategies to offer enhanced security solutions catering to the defense industry.

-Key Market Trends Signals Intelligence (SIGINT) Market-

Demand for Cyber Intelligence Expected to Grow Significantly

- The aerospace and defense industry is gracefully embracing the technological advancements like IoT, AI, ML, and Industry 4.0, amongst other technologies, which are digitizing the operations of the defense industry significantly. The defense sector is venturing into analytics and adoption of cloud services, which will likely help them to enhance productivity drastically.

- The increasing digitization of this industry is likely to create new avenues for cybercriminal activities, and the risk can be high as compared to any other sector. The compromise of existing cyber defense strategies within a country has the potential to lead to substantial monetary and resource loss, gradually.

-Competitive Landscape On Signals Intelligence (SIGINT) Market-

April 2020 - Abaco Systems partnered with DeepSig to demonstrate DeepSigs OmniSIG software, which is deployable on Abacos 3U VPX ecosystem, that uses artificial intelligence (AI) inferencing for signal identification and classification in electronic warfare and signals intelligence applications.

- July 2019 - BAE Systems Electronic Systems was awarded a contract of USD 4.7 million in funding from the Defense Advanced Research Projects Agency (DARPA) to integrate machine learning (ML) technology, a subset of artificial intelligence (AI), into platforms that decipher radio-frequency (RF) signals.

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