Signals Intelligence (SIGINT) Market Market Top Growth Companies, Global Growth, Size, Trends, Key Players by 2030

According to a new report published by Allied Market Research, titled, "Signals Intelligence (SIGINT) Market," The signals intelligence (SIGINT) market was valued at $15.5 billion in 2021, and is estimated to reach $23.3 billion by 2030, growing at a CAGR of 4.5% from 2022 to 2030.

Signal intelligence is the process of gathering information from a given target by collecting and analyzing electronic signals and communications. It functions by gathering intelligence through the use of signals. These signals could be transmitted between people or generated by electronic signals that are not directly used in the communication sector. It gives an organization or individual information to help them make decisions and possibly gain a strategic advantage.

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Signal intelligence market based on type is divided into two categories: COMINT (Communications Intelligence), which is collected by accessing individual people' communication systems and ELNIT (Electronic Intelligence), which would be gathered by using sensors installed. ELNIT (Electronic Intelligence) has also been enlarged to include data collected from other kinds of signal interception and disruption. It is among the most important systems in military defense and is classified as Intellect, Monitoring, and Reconnaissance (ISR). Danger capabilities, structure, temperament, and intentions are all supplied by SIGINT systems. As a result, such facilities are anticipated to propel the growth of the signals intelligence market size.

The global signals intelligence market is segmented based on type, solution, and region. By type, the market is classified into ELINT and COMINT. By solution, the analysis has been divided into airborne, ground, naval, cyber, and space. By region, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.

Leading Market Players:

• BAE Systems
• Thales Group
• Northrop Grumman Corporation
• Lockheed Martin Corporation
• Raytheon Company
• Elbit Systems Ltd.
• General Dynamics Corporation
• Rheinmetall AG
• Mercury Systems Inc.
• Harris Corporation

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The report focuses on the global signals intelligence market forecast and the major products & applications, where signal intelligence (SIGINT) is deployed. It further highlights numerous factors that influence the market growth, such as forecast, trends, drivers, restraints, opportunities, and roles of different key players that shape the market. The report focuses on the overall demand for signal intelligence (SIGINT) in various countries, presenting data in terms of both value and volume. The revenue is calculated by proliferating the volume by region-specific prices, considering the region-wise differentiated prices.

Based on type, the electronic intelligence (ELINT) segment held the highest market share in 2021, contributing to more than half of the global signals intelligence market. This is attributed to the utilization of ELINT to gather information regarding radars and operational methods of enemy and ensure national safety and border security. However, the communications intelligence (COMINT) segment is estimated to witness the largest CAGR of 6.1% from 2022 to 2030, owing to an increase in the adoption of technologies such as artificial intelligence in electronic warfare, machine learning, and 5G by military departments across the world.

Based on application, the airborne segment contributed the highest market share in 2021, accounting for more than four-fifths of the global signals intelligence industry. This is attributed to the adoption of signal intelligence systems to achieve universal situational awareness, air force management, and extensive collaborative mission planning. However, the cyber segment is expected to manifest the fastest CAGR of 5.2% from 2022 to 2030, owing to an increase in several cyber-attacks globally.

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Our market analysis incorporates a dedicated section focusing on major players. In this segment, our analysts offer insights into the financial statements of these key players, along with conducting product benchmarking and SWOT analysis. The competitive landscape section encompasses crucial aspects such as key development strategies, market share, and global market ranking analysis for the mentioned players.

Covid-19 Scenario:

• The COVID-19 pandemic led to a significant rise in government surveillance tactics across the world, primarily through mobile phone applications. This greatly impacted the signal intelligence market.

• The R&D activities and production activities of innovative signal intelligence systems were stopped completely or partially during the lockdown. This impacted the overall revenue of the market negatively.

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