Tactical Communication Market Is Expected To Secure A Market Value Of Around US$ 30.02 Billion By 2032
The global tactical communication market is projected to rise at a CAGR of 5% over the 2022-2032 forecast period. The market is expected to secure a market value of around US$ 30.02 billion by 2032, up from US$ 18.43 billion in 2022.
Demand for SATCOM is predicted to rise at a significant CAGR over the forecast period, attributed to the increasing adoption of SATCOM for defense operations and enhanced tactical communications services for various platforms.
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Key Segments Covered in Tactical Communication Industry Research
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Tactical Communication Market by Product :
- Manpack Radios
- Handheld Radios
- Vehicular Inter-communication Radios
- High Capacity Data Radios
- Multiband Radios
- Networking Radios
- SATCOM
- VHF/UHF Radios
- Video Processors
- Other Product Types
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Tactical Communication Market by Platform :
- Underwater Tactical Communication Systems
- Airborne Tactical Communication Systems
- Land Tactical Communication Systems
- Shipborne Tactical Communication Systems
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Tactical Communication Market by Technology :
- Time Division Multiplexing
- Next Generation Networks
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Tactical Communication Market by Application :
- Integrated Strategic Resources
- Communication
- Combat
- Command & Control
- Other Applications
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Tactical Communication Market by Region :
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East & Africa
Competitive Landscape
Tactical communication system & radio suppliers use organic and inorganic growth techniques such as mergers and acquisitions, and are developing new technologies to support communication systems. They are also entering into long-term contracts and collaborations with air, naval, and land forces across the world to deliver advanced communication technologies.
For instance :
- In 2020, Elbit Systems Ltd. announced its selection for providing the Canadian Armed Forces with Satellite on the Moment (SOTM) communication systems by Rheinmetall Canada Inc., as a part of the Land Command Support System Extension.