The communication intelligence market size was valued at $7.1 billion in 2021, and is estimated to reach $12.9 billion by 2031, growing at a CAGR of 6.1% from 2022 to 2031.
The defense primarily employs this communication intelligence to assist them in making real-time decisions on the battlefield. It aids in the collection of data about the enemy troops by intercepting their text messages, voice messages, allowing the forces to stay updated about the enemy’s plans. Furthermore, the system is well-known for its ability to intercept any information passed between opponents while also detecting any transmissions. For joint users or national intelligence, COMINT solutions are strategic intelligence-gathering tools that can address border surveillance, homeland defense, and national security needs in order to counter immediate and impending threats.
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The increasing availability of communication intelligence in the public domain has emerged as a key trend in the communication intelligence market. COMINT systems are primarily used by the government and defense industry, but they are also increasingly being used in other fields such as the maritime sector, cyber-surveillance, RF spectrum mapping, eavesdropping, jamming, and satellite communications hijacking. The defense industry is implementing secure military communications technologies to prevent this. In Nov 2021, Smarsh announces the release of its communication intelligence platform, a next-generation solution for electronic communications retention and oversight.
The COMINT market is shifting away from defense, towards commercial providers. For example, the declining military expenditures of several major economies, including France, Saudi Arabia, the United Kingdom, and Germany, would reduce the demand for COMINT systems in the near future, posing a barrier to the growth of the COMINT market. Such factors are estimated to limit the communication intelligence market growth during the analysis period.
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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. Espy, located just outside of Austin, Texas, provides complete communication intelligence systems with integrated software that are sold worldwide. As per the communication intelligence market analysis, the growing demand for communication systems across the globe is projected to create better growth opportunities in the near future.
The global communication intelligence market share is segmented on the basis of mobility, platform, and region. By mobility, the market is sub-segmented into fixed and man-portable. According to the platform industry, the market is classified into airborne, ground, naval, and others. On the basis of region, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
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.
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Key Findings of the Study –
- Based on mobility, the fixed sub-segment emerged as the global leader in 2021, and man-portable sub-segment is anticipated to be the fastest growing sub-segment during the forecast period.
- Based on platform, the ground sub-segment emerged as the global leader in 2021, and airborne sub-segment is predicted to show the fastest growth in the upcoming years.
- Based on region, the North America market registered the highest market share in 2021, and Asia-Pacific is projected to maintain the position during the forecast period.
- The report also provides in-depth study of the communication intelligence market forecast.
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