Pune, Jan. 06, 2023 (GLOBE NEWSWIRE) -- According to the “Global Communication Intelligence Market” report published by Maximize market Research, the market is expected to reach USD 12.15 Billion by 2029, exhibiting a CAGR of 6.70 % during the forecast period (2022-2029).
Global Communication Intelligence Market Scope and Research Methodology
Maximize Market Research presents a detail analysis of the status of the financial industry with the integration of communication intelligence sector to provide information on market snapshots and latest developments by the major Key players operating in the market. The market report covers the dynamics like drivers, constraints, opportunities, and challenges, assisting in the identification of driving and limiting forces as well as strategies to turn these factors into strengths. The data has been collected through the primary and secondary research data. Additionally, key players, their major collaborations, merger & acquisitions along with trending innovation and market policies are reviewed detailed in the report. The competitive environment is a vital aspect of the financial key players. The report covers the competitive matrix and the competition scenario of the global communication intelligence market, which helps to know the competition at both domestic and global levels.
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Global Communication Intelligence Market Overview
Ground, air, and marine reconnaissance all make use of communication intelligence (COMINT). The government must set up a supreme central agency to provide the technical foundation for all communication intelligence. When necessary, this agency uses trained linguists as its agents to execute the proper wireline, telephonic, and telegraphic traffic surveillance procedures. It can quickly become familiar with the requirements for missions while utilising the entire range of sources for data that are currently and in the future available. Communications solutions can establish reliable and secure 100Mbps wireless data networks almost everywhere in the world. New mission capabilities for the RQ-21A, like mesh network radios with dynamic spectrum access, like the X-Net radio, will significantly improve combat communications.
Global Communication Intelligence Market Dynamics
The MMR report contains a detailed study of factors that will drive and restrain the growth of the communication intelligence market. The increasing defence budgets of major countries around the globe and the rise in terrorism are the main factors fuelling the growth of the market for communication intelligence solutions. However, the high cost of deployment of communication intelligence coupled with the software's incapacity to handle numerous threats restrain the growth of the communication intelligence market
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Global Communication Intelligence Market Regional Insights
North America: Held the Dominant Position in the Global Communication Intelligence Market
North America is projected to lead the global communication intelligence market during 2022-2029. This is mainly owing to the US consistently leading the world in the adoption of new technologies for its defence industry. Additionally, COMINT will eventually profit from the increased funding for science, technology, and military & intelligence in nations like the US and Canada.
| Market Size in 2021 | USD 7.23 Bn. |
| Market Size in 2029 | USD 12.5 Bn. |
| CAGR | 6.70% (2022-2029) |
| Forecast Period | 2022-2029 |
| Base Year | 2021 |
| Number of Pages | 213 |
| No. of Tables | 110 |
| No. of Charts and Figures | 112 |
| Segement Covered | Modality, Platform |
| Regional Scope | North America, Europe, Asia Pacific, Middle East and Africa, South America |
| Report Coverage | Market Share, Size & Forecast by Revenue | 2022−2029, Market Dynamics, Growth Drivers, Restraints, Investment Opportunities, and Key Trends, Competitive Landscape, Key Players Benchmarking, Competitive Analysis, MMR Competition Matrix, Competitive Leadership Mapping, Global Key Players’ Market Ranking Analysis. |
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Global Communication Intelligence Market Segmentation
by Mobility
- Fixed
- Man-Portable
by Platform
- Airborne
- Ground
- Naval
- Others
By platform, the ground sub-segment accounted for the largest share in 2021, accounting for nearly two-fifths of the communications intelligence market, and is expected to continue its leadership position during the forecast period. However, the airborne segment is projected to grow at the highest CAGR of 7.22% during the forecast period.
Global Communication Intelligence Market Key Competitors:
- Lockheed Martin Corporation (US)
- Raytheon Company (US)
- General Dynamics Corporation (US)
- Northrop Grumman Corporation (US)
- TCI International, Inc.(US)
- L3Harris Technologies, Inc. (US)
- Thales Group (France)
- BAE Systems (UK)
- Rheinmetall AG (Germany)
- HENSOLDT (Germany)
- Avantix SAS (France)
- Rohde & Schwarz(Germany)
- Saab AB (Sweden)
- Elbit Systems Ltd. (Israel)
Key questions answered in the Global Communication Intelligence Market are:
- What is Communication Intelligence?
- What is the growth rate of Communication Intelligence Market during the forecast period?
- The degree of competition in Global Communication Intelligence industry in developed and developing economies?
- Who are the leading key players in the Communication Intelligence Market?
- Who are the market leaders in Communication Intelligence in Germany?
- Who are the market leaders in Communication Intelligence in USA and Canada
- Who are the market leaders in Communication Intelligence in India, China, Japan and South Korea?
- Which region held the largest market share in Global Communication Intelligence Market?
- What are the factors for the growth of Europe region in Global Communication Intelligence Market?
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Key Offerings:
- Market Share, Size & Forecast by Revenue | 2022−2029
- Market Dynamics – Growth Drivers, Restraints, Investment Opportunities, and Key Trends
- Market Segmentation – A detailed analysis by Route of administration, Application, Facility of use and Region and Region
- Competitive Landscape – Top Key Vendors and Other Prominent Vendors
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