Global Military Communication Market is projected to expand at a CAGR of approximately 11.5% from 2015 to 2020

Date: 2016-09-11

Military communication is all about transferring information across people and geography. A secure and robust communication system in the military sector is a prerequisite to provide timely connectivity, exercise authority, and direct forces across geographies, and the future perspective of growth in military communications is expected to be positive, considering the rise in demand for new technologies and updated communication techniques. Military communication is used in routine operations, command and control, situational awareness etc..

Military communication based on the type can be divided into airborne communication, air-ground communication, underwater communication, ground based communication, and shipborne communication and so on.

It is estimated that the global military communication market reached about USD 20.0 billion in 2014, and is projected to expand at a CAGR of approximately 11.5% from 2015 to 2020, and is expected to reach over USD 38.0 billion by 2020. By regions, North America remains the largest market for military communication.

The main market participants include BAE Systems (UK), Lockheed Martin (U.S.), Raytheon Anschütz (Germany), Northrop Grumman (U.S.), Thales Group (Portugal), Rockwell Collin (USA) etc..

Global Military Communication Market Analysis, Market Size ($ Billion) and Market Growth Rate (%), 2015-2020


Read Full Report:

Joanna | Executive – International Business and partner Relations
E-mail: | Tel: 1-510-400-8520

Contact With Us
Join templatemonster at google+
Customized Research
Request Sample