Press Release

Digitalized and Network-Centric Warfare Augmenting the Global Defense Secured Communication Market

The Global Defense Secured Communication Market is projected to grow at a CAGR of around 8.56% during the forecast period of 2024-30, cites MarkNtel Advisors in the recent research report. The Global Defense Secured Communication Market's revenue growth is being propelled by the shift toward digitized and network-centric warfare strategies. In modern military operations, the reliance on real-time data sharing, remote command & control, and collaborative decision-making across branches & locations necessitates a robust and secure communication infrastructure. This accommodates the smooth exchange of classified information and intelligence.

Moreover, the integration of technologies like the internet of things (IoT), drones, and autonomous vehicles into military activities has amplified data transmission through communication networks, leading to increased data breaches. Surge in data volume and data breach has sparked a demand for advanced encryption, efficient data transmission, and low-latency solutions to match the data-intensive nature of contemporary defense operations globally. Owing to this, the regions globally are witnessing a trend towards the adoption of quantum-secured communication, to enhance their data security and reliability over a range of military communication equipment. This in turn is widely facilitating the revenue growth of the market, further states the research report, “Global Defense Secured Communication Analysis, 2024.”

Segmentation Analysis

Hardware Gaining Notable Momentum in the Market

Based on the component, the market is further bifurcated into, Hardware, Software, and Services. Among them, hardware such as Encryption Devices, Secure Radios, Satellite Communication Equipment, etc., is gaining prominent traction globally. Encryption devices are essential and highly utilized in defense for secured communication. They ensure sensitive information's confidentiality, integrity, and authenticity among defense units, safeguarding classified data from interception.

With growing digital defense operations, the need to protect against cyber threats and breaches is vital. As encryption devices offer adaptable solutions for secure communication systems, spanning radios, satellites, and networks, the need for enhanced encryption devices to be deployed in military equipment is surging notably. Moreover, as defense embraces digital and unmanned systems, data transmission, their deployment in tactical vehicles, UAVs, and drones remains crucial for secure data communication. Thereby, driving the market share of encryption devices in the Global Defence Secures Communication Market during 2024-2030.

North America to Hold Lion’s Share in the Market During 2024-2030

Geographically, the Global Defense Secured Communication Market expands across North America, South America, Europe, the Middle East & Africa, and Asia-Pacific. Among them, in North America, there is a notable demand for secure communication solutions driven by the region's military emphasis on incorporating advanced defense strategies. This includes safeguarding classified information and enhancing interagency coordination for heightened security. As NATO members, the US and Canada collaborate within the alliance, necessitating secure communication for international operations, intelligence exchange, and joint military exercises to protect sensitive data and coordinate multinational endeavors.

Additionally, North America hosts major defense communication companies like Raytheon Technologies, L3 Harris, and General Dynamics. These companies engage in research and development and collaborate with regional governments for product testing. Consequently, the US and Canada are prominent end-users, assessing secure communication solutions to bolster military capabilities.

Moreover, surging investments by the US and Canada to deploy their militaries with advanced tactical vehicles are further anticipated to influence the market share of North America in the Global Defense Secured Communication Market during 2024-2030.

Competitive Landscape

With strategic initiatives, such as mergers, collaborations, and acquisitions, the leading market companies, including L3 Harris Technologies Inc., Thales Group, BAE Systems, Raytheon Technologies Corporation, General Dynamics Mission Systems, Leonardo S.p.A., Rohde & Schwarz, Cobham Satcomn, Lockheed Martin Corporation, Airbus, SAAB, Elbit Systems Ltd., Israel Aerospace Industries (IAI), CACI International Inc., Boeing, and others are looking forward to strengthening their market position.

Key Questions Answered in the Research Report

1. What are the industry’s overall statistics or estimates (Overview, Size- By Value, Forecast Numbers, Segmentation, Shares)?
2. What are the trends influencing the current scenario of the market?
3. What key factors would propel and impede the industry across the globe?
4. How has the industry been evolving in terms of geography & solution adoption?
5. How has the competition been shaping across various regions?
6. How have the buying behavior, customer inclination, and expectations from product manufacturers been evolving during 2019-2030?
7. Who are the key competitors, and what strategic partnerships or ventures are they coming up with to stay afloat during the projected time frame?