Global tactical communications market to reach US$151.1 billion by 2028


Posted January 22, 2019 by snehaaark

Global Tactical Communications Market 2018-2028 report offers a detailed analysis of the industry, with market size forecasts covering the next ten years, also analyze factors that influence demand for tactical communication, key market trends.

 
Aarkstore Market research published the new epoch of Market Research Report Titled "Global tactical communications market to reach US$151.1 billion by 2028".

The changing warfare scenario from conventional to asymmetric warfare has compelled the militaries to emphasize on tactical communications significantly. Factors such as coordination with allies, situational awareness of warfighters, constant information relay with the base stations and associated platform echelons demand for improved communication systems. The major military forces are in quest to improve the communications network for their armed forces and uplift their military capabilities along with combat effectiveness.

Scope

- The global tactical communications market is projected to grow at a CAGR of 1.74% to cumulatively value US$151.1 billion over the forecast period. 
- The market consists of five categories: airborne, naval, man-portable, vehicular and stationary.
- The market is expected to be dominated by man-portable segment, which will account for 38.5% of the overall revenue.
- The global tactical communications market will be lead by Asia Pacific region with a revenue share of 35.2%.

Reasons to buy

- Determine prospective investment areas based on a detailed trend analysis of the global tactical communications market over the next ten years
- Gain in-depth understanding about the underlying factors driving demand for different tactical communications segments in the top spending countries across the world and identify the opportunities offered by each of them
- Strengthen your understanding of the market in terms of demand drivers, industry trends, and the latest technological developments, among others
- Identify the major channels that are driving the global tactical communications market, providing a clear picture about future opportunities that can be tapped, resulting in revenue expansion
- Channelize resources by focusing on the ongoing programs that are being undertaken by the defense ministries of different countries within the global tactical communications market

About Aarkstore Enterprise

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For more details visit link: https://www.aarkstore.com/defense/932805/global-tactical-communications-market-2018-2028

Category: Defence Market Research
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Last Updated January 22, 2019