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Author: Asif Anwar
Publication Date: Apr 07 2015
Pages: 16
Report Type: Data Table, Excel
Defense

Global Military Communications Market Forecast: 2014 - 2024



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Report Summary:

This analysis looks at the total communications sector comprising radios, communications satellites, VSAT terminals, datalinks, networks and other systems. Trends driving spending on the military communications sector will be underpinned by network-centric IP-based communications. North America will be the largest regional end market, but will be superseded from 2016 onwards by demand from the Asia-Pacific region. Land-based communications will represent the largest market both in dollar terms as well as in terms of total shipments. Strategy Analytics forecasts spending on global military communications systems will grow to over $35.3 billion in 2024, representing a CAGR of 3.4%.

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