The major players in this market are Harris Corporation, Rockwell Collins, BAE Systems, Saab AB, Aselsan, and Codan Limited.
Dallas, TX -- (SBWIRE) -- 10/08/2014 -- The man-portable communication systems market is estimated to be $30.15 billion in 2014 and is expected to register a CAGR of 5.56% to reach $39.52 billion in 2019. The key growth regions will be the Middle East and Asia-Pacific. Russia, India, Brazil, and South Africa will demonstrate consistent levels of growth.
There will be an increasing demand in encryption devices such as software defined radios, smartphones, GPS systems, and other tactical communication devices in the emerging markets. Software applications in software defined radios will be a key area for growth in this market. The driving factor for this market will be the emergence of virtual channels and Augmented Reality (AR).
The environments in which military operations occur have always been complex, and modern operations have only served to increase this complexity. Several military requirements and capabilities have specifically driven the development of man-portable systems, along with AR systems.
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Encryption of classified information is critical to safeguard both military operations success and personnel safety. Using commercial off-the-shelf technologies, standard encryption algorithms, and digital signatures will enable the timely distribution of classified information. Encryption devices will be the pillar of this market, ensuring safety in communication across all platforms (land, naval, and airborne).
The growth for this market will be slow in Europe and North America. There will be a slight decline in the global share of advanced markets. The decline is not attributed to a reduction in defense expenditure of western markets (Europe and the U.S.), but rather significant investment growth in most emerging.
Man-Portable Communication Systems Increasing Demand in Software Defined and Mobile ad-Hoc Networks
The growth for this market will be sluggish in Europe and North America. There is a slight decline in the global share of advanced markets. The decline is not attributed to a reduction in defense expenditure of western markets (Europe and the U.S.), but rather significant investment growth in most emerging markets (BRIC).The Middle East region will continue to increase its spending in the portable communications market.
There will be an increasing demand in software defined radios, smartphones, GPS systems, along with other tactical communication devices and VSATs in the mature and emerging markets. Software solutions in software defined radios will be a key area for growth in this market. The major driving factor for this market will be Mobile ad-hoc networks (MANETs).
Digital maps will also play a significant role in this market, which will allow the visualization of vehicle positions and traces. Communication with the Fleet Communication System (FCS) is realized by trunked radio, cellular, or satellite communication.
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High-end satellite technology will be used in VSATs and SATCOMs that will provide ample opportunities for China and India in this market.
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