According to a market report by Lucintel, the future of the global tactical communication market looks promising with opportunities in the command & control, intelligence, surveillance & reconnaissance (ISR), situational awareness, and routine operations market. The global tactical communication market is expected to reach an estimated $19.9 billion by 2030 with a CAGR of 4.5% from 2024 to 2030. The major drivers for this market are growing investment in defense expenditure, increased need for essential communication services, and shift from analog to digital radio communication devices.
In this market,
airborne, ground, naval, and space are the major segments of tactical
communication market by application type.
Lucintel forecasts that
sapce is expected to witness highest growth over the forecast period.
Within this market,
command and control will remain the largest segment.
APAC is expected to
witness highest growth over the forecast period.
Northrop Grumman
Corporation, Datron World Communications, Tactical Communications Group LLC.,
Rohde & Schwarz, BAE Systems, General Dynamics Corporation, Ultra
Electronics, Thales Group, L3Harris Technologies, Lockheed Martin Corporation
are the major suppliers in the tactical communication market.
This unique research
report will enable you to make confident business decisions in this globally
competitive marketplace. For a detailed table of contents, contact Lucintel at
+1-972-636-5056 or write us at helpdesk@lucintel.com.
About Lucintel
At Lucintel, we offer solutions for
you growth through game changer ideas and robust market &
unmet needs analysis. We are based in
Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20
years. We are quoted in several publications like the Wall Street Journal, ZACKS,
and the Financial Times.
Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: roy.almaguer@lucintel.com
Tel. 972.636.5056
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