As per Inkwood Research, the Global Military Communication Market is anticipated to grow with a CAGR of 3.75% in terms of revenue over the forecast period of 2023-2032.
“Browse 54 market Data Tables and 44 Figures spread over 175 Pages, along with an in-depth TOC on the Global Military Communication Market Forecast 2023-2032.”
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Military communication is established on a sophisticated network of personnel, resources, as well as protocols that enable information sharing between various parties. Moreover, by relying on a new generation of technical solutions and supporting the communications revolution, threats to soldiers’ safety during operations are substantially minimized.
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Integration of 5G Technology to Propel Market Growth
5G is anticipated to deliver higher data at a faster speed, subsequently transforming military mobile platform distribution services as well as technologies such as bioinformatics, the Internet of Things (IoT), autonomous vehicles, and tactile internet. 5G also has the potential to become the connectivity fabric underpinning modern cloud-based AI-assisted distributed sensing efforts. Accordingly, the Department of Defense is expected to be a 5G customer and facilitator, advancing operational efficacy while enabling the development of the digital economy. Hence, the integration of 5G is set to play a vital role in fueling the global military communication market growth.
Army to be the Prominent Defense Force
The majority of the army’s internal combat, as well as materiel development programs, have strongly emphasized the enhancement of battlefield commanders’ capacity for knowledge use. Moreover, in recognition of the importance of information protection, the army has consistently highlighted the demand for impermeable and secure communications, in addition to the safety of automated systems from exploitation, intrusion, or the introduction of computer viruses.
North America to Hold Highest Share of the Global Market
The United States Armed Forces are frequently cited as having the strongest military globally. Furthermore, reliable communication, integrated with command-and-control and other units, has become integral to the increasingly communications-dependent battlefront environment, as well.
As the global military communications market continues to expand, there is fierce competition among industry competitors. Some of the leading players operating in the global military communication market are BAE Systems, General Dynamics, Thales Group, etc.
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