Communication Intelligence Market Size, Growth 6.1% CAGR, Industry Analysis, Trends, Major Players and Forecast 2031
The adoption of AI in electronic warfare and ML majorly in defense departments around the world is expected to increase demand for COMINT and drive the market.
PORTLAND, PORTLAND, OR, UNITED STATES, September 14, 2023/EINPresswire.com/ -- According to the report published by Allied Market Research, the global communication intelligence market garnered $7.1 billion in 2021, and is estimated to generate $12.9 billion by 2031, manifesting a CAGR of 6.1% from 2022 to 2031. The report provides an extensive analysis of changing market dynamics, major segments, value chain, competitive scenarios, and regional landscapes. This research offers valuable guidance to leading players, investors, shareholders, and startups in devising strategies for sustainable growth and gaining a competitive edge in the market.
Request Sample Report at: https://www.alliedmarketresearch.com/request-sample/32205
The rise in demand from the defense and aerospace industry has led to an increase in the demand for communication intelligence. The increasing shift of defense sectors towards modernization and increase in the spending on national security for major technological innovations is contributing to the communication intelligence market growth in the upcoming years.
The communication intelligence system is now crucial for the success of defense missions. It is projected that the increase in demand and acceptance of enhanced security solutions in defense and aerospace industries is anticipated to propel the global COMINT industry. For instance, Dover is a global producer of innovative equipment announces the procurement of the Espy Corporation, a leading provider of communication intelligence solutions, Espy develops and manufactures modern automation radio frequency sensor systems for signal recording, analysis, and geolocation.
Based on mobility, the fixed segment accounted for the highest share in 2021, contributing to more than three-fifths of the global communication intelligence market, and is expected to maintain its lead in terms of revenue during the forecast period. However, the man-portable segment is expected to manifest the highest CAGR of 6.4% from 2022 to 2031.
For Report Customization: https://www.alliedmarketresearch.com/request-for-customization/32205
Based on platform, the ground segment accounted for the highest share in 2021, holding nearly two-fifths of the global communication intelligence market, and is expected to continue its leadership status during the forecast period. However, the airborne segment is estimated to grow at the highest CAGR of 6.7% during the forecast period.
Based on region, North America held the largest share in 2021, contributing to nearly two-fifths of the global communication intelligence market share, and is projected to maintain its dominant share in terms of revenue in 2031. However, the Asia-Pacific region is expected to manifest the fastest CAGR of 6.6% during the forecast period.
The key players profiled in the communication intelligence market report include Lockheed Martin Corporation, Raytheon Company, General Dynamics Corporation, Northrop Grumman Corporation, Thales Group, and L3Harris Technologies, Inc., BAE Systems, Elbit Systems Ltd., Saab AB, TCI International, Inc., and HENSOLDT.
Buy Now & Get Exclusive Discount on this Report: https://www.alliedmarketresearch.com/communication-intelligence-market/purchase-options
Covid-19 Scenario:
• The demand for military equipment over couple of years is unlikely to be affected because money for the defense projects were set aside before the outbreak of the COVID-19 pandemic as they are vital to national defence. As a result, the market for COMINT systems is expected to expand in the future years.
• Moreover, favorable long-term impacts on the market are likely to be witnessed owing to the increasing defense spending by government across the globe.
The report offers a comprehensive analysis of the global communication intelligence market trends by thoroughly studying different aspects of the market including major segments, market statistics, market dynamics, regional market outlook, investment opportunities, and top players working toward the growth of the market. Furthermore, the report sheds light on the present scenario and upcoming trends & developments that are contributing to the growth of the market.
Moreover, restraints and challenges that hold the power to obstruct the market growth are profiled in the report along with Porter’s five forces analysis of the market to elucidate factors such as competitive landscape, bargaining power of buyers and suppliers, threats of new players, and the emergence of substitutes in the market.
Inquiry Before Buying: https://www.alliedmarketresearch.com/purchase-enquiry/32205
Thanks for reading this article; you can also get individual chapter-wise sections or region-wise report versions like North America, Europe, or Asia.
If you have any special requirements, please let us know and we will offer you the report as per your requirements.
Lastly, this report provides market intelligence most comprehensively. The report structure has been kept such that it offers maximum business value. It provides critical insights into the market dynamics and will enable strategic decision-making for the existing market players as well as those willing to enter the market.
Similar Report:
1. Enterprise Communication Infrastructure Market
About Us:
Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients in making strategic business decisions and achieving sustainable growth in their respective market domains.
Pawan Kumar, the CEO of Allied Market Research, is leading the organization toward providing high-quality data and insights. We are in professional corporate relations with various companies. This helps us dig out market data that helps us generate accurate research data tables and confirm utmost accuracy in our market forecasting. Every data company in the domain is concerned. Our secondary data procurement methodology includes deep presented in the reports published by us is extracted through primary interviews with top officials from leading online and offline research and discussion with knowledgeable professionals and analysts in the industry.
Contact:
David Correa
5933 NE Wi
Toll-Free: 1-800-792-5285
UK: +44-845-528-1300n Sivers Drive
#205, Portland, OR 97220
United States
Hong Kong: +852-301-84916
India (Pune): +91-20-66346060
Fax: +1-855-550-5975
help@alliedmarketresearch.com
Web: https://www.alliedmarketresearch.com
Follow Us on: LinkedIn Twitter
Allied Market Research
Allied Market Research
+1 800-792-5285
email us here
Visit us on social media:
Facebook
Twitter
LinkedIn
Legal Disclaimer:
EIN Presswire provides this news content "as is" without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the author above.