|By Business Wire||
|May 21, 2014 09:29 AM EDT||
Research and Markets (http://www.researchandmarkets.com/research/h52d3h/military) has announced the addition of the "Military Communications Market - Worldwide Forecasts & Analysis (2014-2019)" report to their offering.
A secure and robust communication system in military is essential to provide timely connectivity, exercise authority, and direct forces over vast geographical areas. There is always a need for confidential, secure, and fast communication flow to meet the needs of communication and technological advancements, which are growing at a fast rate. So, the military communications system must integrate emerging technologies such as Kaband, Advanced Extra High Frequency (AEHF) band satellite communication, IP-based networking, Commercial off-the-shelf (COTS)-based products, and other technologies into a robust, standards-based, network-enabled environment to facilitate the delivery of the right information to the right location, and at the right time in an actionable format.
Technologies such as Mobile User Objective System (MUOS) will soon provide secure mobile network communication globally. 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.
NA is expected to continue as the leader in regional market share, followed by the APAC region. The global military expenditure is estimated to cross trillions, as large investments are made every year by federal governments, who are willingly to adopt innovative communication solutions within the government departments. APAC is expected to be the fastest growing region. Due to budget cuts, Europe is expected to grow after a delay of some years by overcoming economic issues.
There is intense competition in the market due to the presence of big players. Market leaders suc h as Roc kwell Collins, Harris Corp, Thales, and General Dynamic s have diversified their business by providing integrated products and winning new contracts and strategic alliances.
The report estimates that the companies will invest in the military communications market at an optimistic rate in the coming years, despite the significant budget cuts, economic limitations, and potential technological challenges. With the advancement in the number of handheld products and technologies such as Software Defined Radio (SDR) and with the launch of AEHF band satellite systems with techniques to provide sec ure and fast communication, the market for related products are expected to have an exponential increase with the latest data links and technologies.
Military Communications Market
- SATCOM Terminals
- Commercial off The Shelf (COTS)
Military Communication Security
- Tetra Radio
- Software Defined Radio
- Radio Communication
- Tactical Communication
Key Topics Covered:
2 Executive Summary
3 Market Overview
4 Military Communications: Market Size and Forecast By Communication Type
5 Military Communications: Market Size and Forecast By Component
6 Military Communications: Market Size and Forecast By Application
7 Military Communications: Market Size and Forecast By Region
8 Military Communications: Market Landscape
9 Company Profiles
- BAE Systems
- General Dynamics
- Harris Corporation
- L-3 Communication
- Lockheed Martin
- Northrop Grumman
- Rockwell Collins
- Thales Group
For more information visit http://www.researchandmarkets.com/research/h52d3h/military
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