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Signals Intelligence (SIGINT) Market Demand Scenario, Top Key Players, Highest CAGR, Global Insights And Revenue Analysis - BAE Systems, Elbit Systems, General Dynamics, L3Harris, Israel Aerospace Industries
The Business Research Company's global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032Signals Intelligence (SIGINT) Market Size, Growth Rate, And Forecast
The global signals intelligence (sigint) market size grew from $14.09 billion in 2022 to $14.7 billion in 2023 at a compound annual growth rate (CAGR) of 4.4%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The signals intelligence (sigint) market size is expected to grow to $17.93 billion in 2027 at a CAGR of 5.1%.
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Signals Intelligence (SIGINT) Market Drivers
The growing defense budget of major countries across the globe is expected to drive the growth of the signals intelligence market going forward. The protection of a country is viewed as a government responsibility. It encompasses the inhabitants, economy, and institutions of the country. National security is a top concern in many countries around the world, and it necessitates a sizable expenditure to build and maintain. According to a report published by Stockholm International Peace Research Institute, in 2021, the total global military spending in 2020 increased by 2.6 % to $1.98 trillion from 2019. Furthermore, the United States, China, India, Russia, and the United Kingdom accounted for 62% of global military expenditure. Therefore, the growing defense budget of major countries drives the market for signals intelligence.
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Signals Intelligence (SIGINT) Market Segments
• By Type: Electronic Intelligence (ELINT), Communications Intelligence (COMINT), Foreign Instrumentation Signal Intelligence (FISINT)
• By Mobility: Fixed, Man Portable
• By Application: Cyber Intelligence, Ground-Based Intelligence, Naval Intelligence, Space Intelligence, Airborne Intelligence
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the signals intelligence (SIGINT) market.
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Signals Intelligence (SIGINT) Market Key Players
Major competitors in the signals intelligence (sigint) market are BAE Systems, Elbit Systems, General Dynamics, L3Harris, Israel Aerospace Industries, Lockheed Martin, Mercury Systems, Northrop Grumman, Raytheon, Rheintmetall, Saab, Thales, Rohde-Schwarz, Rolta India, Systematic, Boeing, Cobham and Leonardo.
The Business Research Company's "Global Signals Intelligence (SIGINT) Market Report 2023" is a comprehensive report of the market, covering over 60 geographies and high level market segmentation per geography. The section on regional and country breakdowns examines the market in each geography as well as market size by region and country. Furthermore, it evaluates the market's historical and projected growth and identifies significant trends and strategies that businesses can use to expand their operations.
The Table Of Content For The Signals Intelligence (SIGINT) Market Include:
1. Executive Summary
2. Signals Intelligence (SIGINT) Market Characteristics
3. Signals Intelligence (SIGINT) Market Trends And Strategies
4. Signals Intelligence (SIGINT) Market - Macro Economic Scenario
5. Signals Intelligence (SIGINT) Market Size And Growth
………………
27. Signals Intelligence (SIGINT) Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Signals Intelligence (SIGINT) Market
29. Signals Intelligence (SIGINT) Market Future Outlook and Potential Analysis
30. Appendix
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