Press release
Tactical Communication Market will exhibit a CAGR of 13.76%, Size, Share, Trends
Surge in the adoption of advanced technologies, growing focus on providing advanced protective equipment especially in the developing economies and rising adoption of LTE technology in professional mobile radios (PMR) systems allowing real time data interchange are the major factors attributable to the growth of the tactical communication market. Data Bridge Market Research analyses that the tactical communication market will exhibit a CAGR of 13.76% for the forecast period of 2022-2029. Therefore, the tactical communication market value, which was USD 16,532.53 million in 2020, would stand tall by USD 46,372.01 million by 2029.View Detailed Report: https://www.databridgemarketresearch.com/reports/global-tactical-communication-market
Tactical communications are the advanced communication systems that are developed and deployed to facilitate effective military communications from one command, person or place to another, upon a battlefield especially during conduct of combat. Tactical communication could be conducted via all modes namely, written, oral, visual and auditory. Tactical communication systems are reliable and secure systems and help in exerting effective command and control.
Rising expenditure by the government to strengthen the defense sector will emerge as the major market growth driving factor. Surging number of projects associated with improving public safety in the developing economies, growing technological advancements in regards to the miniaturization of the technology, rising incidences of criminal activities and terrorism and rising focus towards national safety and safeguarding the soldiers will further aggravate the growth of the market. Rising application areas for tactical communication systems, improvement in the digital signal processing (DSP) and compression technology to filter out ambient sounds and growing public expenditure for the development of IT infrastructure are some other factors bolstering the growth of the market.
However, lack of skilled workforce and technological expertise in underdeveloped and developing economies and issues with the seamless connectivity in a limited bandwidth will act growth restraints for the market. Also, rising concerns regarding the interoperability of disparate communications technologies will yet again hamper the market growth rate. Lack of a strong IT infrastructure in the underdeveloped economies will also hamper the market growth rate.
Key Players Analysis:
Some of the major players operating in the tactical communication report are 3M, Northrop Grumman, Thales Group, General Dynamics Corporation, Raytheon Technologies Corporation, L3Harris Technologies, Inc., BAE Systems, Ultra, Iridium Communications Inc., Viasat, Inc., Curtiss-Wright, Sepura Limited, Bose Corporation, Silynx Communications, Inc., FreeLinc Holdings, LLC, Savox, David Clark Company, INVISIO, Television Equipment Associates, Inc among others.
Global Tactical Communication Market Scope and Market Size
The tactical communication market is segmented on the basis of type, technology, platform and application. The growth amongst the different segments helps you in attaining the knowledge related to the different growth factors expected to be prevalent throughout the market and formulate different strategies to help identify core application areas and the difference in your target market.
On the basis of type, the tactical communication market is segmented into soldier radio, manpack radio, vehicular intercommunication radio (VIC), high capacity data radio (HCDR) and others.
On the basis of technology, the tactical communication market is segmented into time-division multiplexing (TDM) and next-generation network (NGN).
On the basis of platform, the tactical communication market is segmented into airborne, shipborne, land and underwater.
On the basis of application, the tactical communication market is segmented into ISR, communications, combat, command and control and others.
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