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Tactical Communication Market Size, Growth, Trend, Forecast 2028

11-10-2022 02:45 PM CET | IT, New Media & Software

Press release from: theinsightpartners

/ PR Agency: theinsightpartners.com
Tactical Communication Market Size, Growth, Trend, Forecast

According to the new research report published by The Insight Partners, titled "Tactical Communication Market Forecast to 2028 - COVID-19 Impact and Global Analysis - by Platform, Type, Technology, and Application," the market is expected to grow from US$ 18,122.45 million in 2022 to US$ 29,142.61 million by 2028; it is estimated to grow at a CAGR of 8.2% from 2022 to 2028.

Tactical communications are military communications in which information, including commands and military intelligence, is passed from one command, person, or location to another on a battlefield, especially during combat. It can be conveyed in many forms, such as verbally, written, visual, or audio. Tactical communication systems (TCS) are critical for forces because they provide integrated, secure, highly reliable, and available communication services despite challenges. These challenges include hostile environmental conditions, limited spectrum, time-critical and nonlinear communication requirements, equipment failure, partial destruction of mesh networks, and jamming by adversaries or events.

The buyers in the tactical communication market include military forces, aerospace companies, and the navy. The military forces procure tactical communication, especially for orders and military intelligence, which are conveyed from one command, person, or place to another upon a battlefield, particularly during combat. Several military forces have made significant investments toward the development and procurement of radios. Moreover, the military forces choose to switch between suppliers based on parameters such as price, technology, and requirement. Because the end users of the tactical communication market have the option to choose their suppliers, the bargaining power of the buyers is high in the market and is expected to remain high in the coming years. Owing to this, the market growth is prominent.

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The impact of the COVID-19 pandemic on various industries, such as military, defense, aerospace, and manufacturing, has been severe. These industries are still trying to recover from the damage the pandemic caused. Due to the temporary discontinuation of operations across various production facilities in the aerospace industry & military vehicle or equipment sector, the procurement of tactical communication has been impacted. The lockdowns impacted the global manufacturing sectors. They also influenced supply chains and logistics, owing to complete or partial discontinuation of operations in various countries. The pandemic was the key reason for supply chain disruptions, loss of production, and decreased revenue for several enterprises globally.

The tactical communication market analysis is segmented on the basis of platform, type, technology, application, and geography. Based on the platform, the tactical communication market analysis is segmented into airborne, shipborne, land, and underwater. Based on type, the market is segmented into soldier radio, manpack radio, VIC (vehicular intercommunication radio), HCDR (high capacity data radio), and others. Based on technology, the market is bifurcated into TDM (Time-Division Multiplexing) and NGN (Next-Generation Network). Based on application, the market is segmented into ISR, communications, combat, and command and control. By geography, the market size is analyzed from North America, Europe, Asia Pacific (APAC), the Middle East & Africa (MEA), and South America perspective.

Some of the key tactical communication market players include BAE Systems, Raytheon Technologies Corporation, General Dynamic Mission Systems, Inc., Thales Group, and Elbit Systems Ltd. During this study, several major market players were analyzed to get a holistic view of the global tactical communication market and its ecosystem.

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Get More Related link - https://www.marketwatch.com/press-release/decoy-flares-market-by-product-size-segments-global-volume-top-companies-data-challenges-competition-strategies-forecast-to-2027-2022-11-10?mod=search_headline

https://www.marketwatch.com/press-release/aircraft-isothermal-forging-market-industry-growth-top-manufactures-key-segments-current-trends-and-future-prospect-to-2028-2022-11-10?mod=search_headline

Contact Us:
If you have any queries about this report or if you would like further information, please contact us:
Contact Person: Sameer Joshi
E-mail: sales@theinsightpartners.com
Phone: +1-646-491-9876

About Us:
The Insight Partners is a one stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We specialize in industries such as Semiconductor and Electronics, Aerospace and Defense, Automotive and Transportation, Biotechnology, Healthcare IT, Manufacturing and Construction, Medical Device, Technology, Media and Telecommunications, Chemicals and Materials.

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