Tactical Communication Market is Expected to Secure a Market Value of Around US$ 30.02 Bn by 2032

The global Tactical Communication market size is bound to reach US$ 30.02 Bn in 2032, stating a CAGR of 5% between 2022 and 2032. Tactical mass communication comes across as an enhanced form of communication created as well as implemented for enabling effective military communications between two commands, persons, or locations on battlefield, especially during emergency.

As per Fact.MR, the global Tactical Communication market is set to reach a valuation of US$ 18.43 Bn in 2022. The defense sector is expected to have the pie in case of tactical communication market. As defense communication does enclose every area of armed forces' data transfer and information to facilitate well-organized military surveillance, operations, management, and order.

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Transferring information the individuals, that too, across the geographical boundaries needs a strong medium of communication that does rely on complex and huge network of software and physical components. Tensions among the countries are actually escalating the need for military spending.

Europe and North America rule the tactical communication market. They, collectively, hold more than 25% of the market share. This could be attributed to various government organizations launching numerous projects for building advanced military technology and communication systems.

Key players in Tactical Communication Market

• Harris Corporation
• General Dynamics Corporation
• Ultra Electronics
• Iridium Communications Inc.
• Raytheon Company
• Northrop Grumman Corporation
• Thales Group
• L-3 Communications Holdings
• Ultra Electronics
• BAE Systems PLC

Key Takeaways from Tactical Communication Market Study

• North America and Europe hold over 25% of the market share.
• The Asia-Pacific is poised to take over as the highest revenue generator in the forecast period.
• By application, combat dominates the market and the situation is expected to remain the same even in the forecast period.
• Incorporation of 5G and 6G networks is expected to drive the tactical communication market.

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Competitive Landscape

The global Tactical Communication market is subject to the key players going for long-term contracts as well as collaborations with land, naval, and air forces for delivering effective communication technologies.
For instance,
• Elbit Systems Ltd., in 2020, did announce its selection to provide the Canadian Armed Forces with Satellite on the Moment, better known as SOTM communication systems through Rheinmetall Canada Inc. This project is a part of Land Command Support System Extension.
• Collins Aerospace has presented the new-fangled directional communications network (a part of DARPA PHEME project), to address tiny aerial platforms like UAVs operating in the hostile regions. It has exhibited connection in CJADC2 battlespace.

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Key Segments Covered in the Tactical Communication Industry Survey

• Tactical Communication Market by Product :
o Manpack Radios
o Handheld Radios
o Vehicular Inter-communication Radios
o High Capacity Data Radios
o Multiband Radios
o Networking Radios
o SATCOM
o VHF/UHF Radios
o Video Processors
o Other Product Types

• Tactical Communication Market by Platform :
o Underwater Tactical Communication Systems
o Airborne Tactical Communication Systems
o Land Tactical Communication Systems
o Shipborne Tactical Communication Systems

• Tactical Communication Market by Technology:
o Time Division Multiplexing
o Next Generation Networks

• Tactical Communication Market by Application :
o Integrated Strategic Resources
o Communication
o Combat
o Command & Control
o Other Applications

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This release was published on openPR.