Chicago, Oct. 03, 2022 (GLOBE NEWSWIRE) -- Tactical Communication Market is estimated to be USD 12.5 billion in 2022 and is projected to reach USD 16.0 billion by 2027, at a CAGR of 4.95% from 2022 to 2027, according to a new report by MarketsandMarkets™. The market is driven by factors such as transition of radio communication devices from analog to digital, customized communication on the move solutions for unmanned ground vehicles, etc.
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Browse in-depth TOC on “Tactical Communication Market”
223 – Tables
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Demand for next-generation IP radio systems.
Companies are focusing on increasing profitability by offering consumers a wide range of advanced IP radio systems due to the increasing demand across the globe. Sales of such products are also expected to provide new or enhanced services for the networking industry while at the same time, reducing transaction costs and further enhancing the end user experience. Next-generation frontline mobile communications also tend to shift away from high power single line contact methods towards mesh systems with low power, which enable higher numbers of operators to be linked together by means of multi-node mesh systems. Such systems have low susceptibility towards failures in single points and are also capable of self-healing, thereby enabling the communication packets to find the best transfer routes based on available system bandwidth and traffic levels. These next-generation IP radio systems are expected to provide opportunities for the usage of advanced tactical communication.
Demand for mission-critical communication
Companies are focusing on developing new and innovative communication systems that can provide prompt & effective responses in real-time due to the rising instances of terrorism, crime, and natural disasters across the globe. Effective communication plays a vital role for public safety responders who are required to stay connected with their control centers and acquire situational awareness in real-time while responding to emergencies.
Terrestrial Trunked Radio (TETRA) is one of the largest land mobile radio standards for SDR, providing good spectrum efficiency and is readily available on a consistent spectrum. It also supports critical communication features including security, along with high-speed data capability. There is rising adoption of TETRA in existing and potential sectors such as public safety and commercial, owing to its high ability in operating in direct mode and support for site trunking. TETRA can also provide critical communication solutions by delivering secure and resilient voice and data along with high bandwidth. Thus, the increasing requirement for advanced communication systems worldwide is expected to lead to the growth of the global tactical communication market.
Ground segment projected to lead the Tactical Communication Market by platform, during the forecast period
Based on platform, the ground segment is projected to grow from USD 5,131 million in 2022 to USD 6,601 million by 2027, at a CAGR of 5.2% during the forecast period. The ground platform is further categorized into ground stations, armored vehicles and soldiers.
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North America region accounts for largest market share in Tactical Communication market
North America led the Tactical Communication market in 2022, with the US accounting for the largest share of the regional market. The growing demand for Tactical Communication in the US and Canada for unmanned aerial vehicles and unmanned ground vehicles for different military applications are key factors driving the market in North America.
Major Tactical Communication Market players present in North America include as L3harris Technologies (US), Honeywell International Inc (US), General Dynamics Corporation (US), Lockheed Martin (US), ViaSat (US).
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