Military Communications Market Size, Share, Growth Analysis, By Component, By Communication Type, By Application, By End User, By Region - Industry Forecast 2024-2031

Global Military Communications Market size was valued at USD 35.12 billion in 2022 and is poised to grow from USD 37.36 billion in 2023 to USD 61.22 billion by 2031, growing at a CAGR of 6.4% during the forecast period (2024-2031).

Military communication can be described as the transmission of information from reconnaissance and other units in contact with the enemy, as well as a means for commanders to demonstrate command orders and instructions to their subordinates. It incorporates all approaches to transmitting messages, orders, and reports in the field and at sea, and between headquarters and distant infrastructure or ships. It includes all aspects of armed forces' information and data communication for efficient operation, military command, and control. To transmit information across people and regions, it usually depends on a vast and complex communication network of equipment and protocols. Various governments are increasingly focusing on advanced communication innovations to enhance operational efficiency and digital communication capabilities. The use of smart devices and sensors in the defence sector is likely to generate revenue and increase the growth of the military communications market.

Some of the major factors driving the growth of the military communications market also include replacement of overaged technology with more advanced equipment, the introduction of digital communications, and an increase in defence expenditures in developing countries such as China, India, and South Korea. Moreover, increased government investments in the defensive system sector all over the world, as well as an emphasis on providing network-centric and data-centric communications, drive market growth.

US Military Communications Market is poised to grow at a sustainable CAGR for the next forecast year.