Deerfield Beach, FL -- (SBWire) -- 08/13/2015 --Armed forces throughout the globe rely on communication systems to enable information sharing and securely stay in constant contact. The role of these systems continues to grow in importance, with new mission areas such as the control of unmanned vehicles and time-critical targeting heavily reliant on network connectivity.
Despite pressures on overall defense expenditure, a universal trend towards network centric warfare combined with an unstable geopolitical landscape, is continuing to drive significant investments in military communications. The Military Communication Market is expected to account for over $40 Billion in revenue by the end of 2020, with investments ranging from the adoption of multi-band and multi-mode tactical radio systems, to the integration of ad hoc networking platforms in unmanned vehicles.
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The "Military Communications Market: 2015 – 2030 – Opportunities, Challenges, Strategies & Forecasts" report presents an in-depth assessment of the military communications ecosystem including key trends, market drivers, challenges, enabling technologies, regional investment landscape, submarkets, leading applications, opportunities, future roadmap, value chain, ecosystem player profiles and strategies. The report also presents market size forecasts for military communications from 2015 through to 2030. The forecasts are segmented for 6 submarkets, 3 service branch classifications, 5 regions and 50 leading countries.
Key Findings:
The report has the following key findings:
The military communications market will account for over $40 Billion in revenue by the end of 2020
Driven by growing bandwidth requirements, we estimate that military communication systems will route more than a 100 Petabytes of data on a daily basis in 2015 alone
Military satellite systems are gradually moving towards higher frequencies such as the Ka-band (26-40 GHz)
SNS Research estimates that investments on tactical LTE CIAB (Cell in a Box) solutions will account for over $90 Million in revenue by the end of 2020, following a CAGR of 37% between 2015 and 2020
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Topics Covered:
The report covers the following topics:
Military communications ecosystem
Market drivers and barriers
Enabling technologies and key trends
Analysis of key submarkets and application areas
Regional landscape of investments
Industry roadmap and value chain
Profiles and strategies of over 170 leading ecosystem players
Strategic recommendations for ecosystem players
Market analysis and forecasts from 2015 till 2030
Key Questions Answered:
The report provides answers to the following key questions:
How big is the military communications opportunity?
What trends, challenges and barriers are influencing its growth?
How is the ecosystem evolving by segment and region?
What will the market size be in 2020 and at what rate will it grow?
Which countries and submarkets will see the highest percentage of growth?
What are the prospects of COTS (Commercial off-the-shelf) technology platforms, including LTE based tactical wireless broadband networks?
What percentage of military satellite communications travel through private sector spacecraft?
How do ongoing conflicts impact investments on military communications?
Who are the key market players and what are their strategies?
What are the future prospects of bandwidth sharing among military allies?
What opportunities exist for acoustic and optical communication platforms?
What strategies should vendors and system integrators adopt to remain competitive?
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Military Communication Market Is Expected to Reach USD $40 Billion by the End of 2020
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