Pune, Jan. 06, 2023 (GLOBE NEWSWIRE) — According to the “Global communications intelligence marketreport published by Maximize Market Research, the market is expected to reach USD 12.15 billion by 2029, growing at a CAGR of 6.70% during the forecast period (2022-2029).
Global Communication Intelligence Market Scope and Research Methodology
Maximize Market Research presents a detailed analysis of the state of the financial sector with the integration of the communication intelligence sector to provide insights into market snapshots and latest developments of major key players operating in the market. The market report covers dynamics such as drivers, restraints, opportunities, and challenges, helping to identify the driving and restraining forces along with the strategies to turn these factors into strengths. Data was collected through primary and secondary research data. Moreover, key players, their major collaborations, mergers and acquisitions along with innovation and market trends are discussed in detail in the report. The competitive environment is a vital aspect of major financial players. The report covers the competitive matrix and competition scenario of the Global Communications Intelligence Market, which helps to know the competition at country level and global level.
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Global Communication Intelligence Market Overview
Land, air and sea reconnaissance all use communications intelligence (COMINT). The government must establish a supreme central agency to provide the technical basis for all intelligence communications. If necessary, this agency uses trained linguists as agents to carry out the appropriate procedures for monitoring wire, telephone and telegraph traffic. He can quickly become familiar with mission requirements while using the full range of data sources now and in the future available. Communication solutions can establish reliable and secure 100 Mbps wireless data networks almost anywhere in the world. New mission capabilities for the RQ-21A, such as mesh network radios with dynamic spectrum access, such as X-Net radio, will dramatically improve combat communications.
Global Communication Intelligence Market Dynamics
The MMR report contains a detailed study of factors that will drive and restrain the growth of the Communications Intelligence Market. Rising defense budgets of major countries around the world and rise in terrorism are the major factors fueling the growth of the communications intelligence solutions market. However, the high cost of deploying communication intelligence coupled with the software’s inability to handle many threats is restraining the growth of the communication intelligence market.
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Regional outlook of the global communication intelligence market
North America: held the dominant position in the global communications intelligence market
North America is expected to lead the global communication intelligence market during the period 2022-2029. This is primarily because the United States consistently leads the world in adopting new technologies for its defense industry. Additionally, COMINT will eventually benefit from increased funding for science, technology, military, and intelligence in countries like the United States and Canada.
|Market size in 2021||$7.23 billion.|
|Market size in 2029||$12.5 billion.|
|Number of pages||213|
|Number of Tables||110|
|Number of graphs and figures||112|
|Segment covered||Modality, Platform|
|Regional scope||North America, Europe, Asia-Pacific, Middle East and Africa, South America|
|Report cover||Market Share, Size and Forecast by Revenue | 2022-2029, Market Dynamics, Growth Drivers, Restraints, Investment Opportunities and Key Trends, Competitive Landscape, Key Player Benchmarking, Competitive Analysis, MMR Competition Matrix, Competitive Leadership Mapping, Market Ranking Analysis of global key players.|
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Segmentation of the global communications intelligence market
By platform, the land sub-segment accounted for the largest share in 2021, accounting for nearly two-fifths of the communications intelligence market, and is expected to maintain its leading position during the forecast period. However, the airborne segment is expected to grow at the highest CAGR of 7.22% during the forecast period.
Leading Competitors in the Global Communication Intelligence Market:
- Lockheed Martin Corporation (USA)
- Raytheon Company (USA)
- General Dynamics Corporation (USA)
- Northrop Grumman Corporation (USA)
- TCI International, Inc. (USA)
- L3Harris Technologies, Inc. (USA)
- Thales Group (France)
- BAE Systems (UK)
- Rheinmetall AG (Germany)
- HENSOLDT (Germany)
- Avantix SAS (France)
- Rohde & Schwarz (Germany)
- Saab AB (Sweden)
- Elbit Systems Ltd. (Israel)
Answers to key questions about the global communication intelligence market are:
- What is Communication Intelligence?
- What is the growth rate of the communication intelligence market during the forecast period?
- How competitive is the Global Communication Intelligence industry in developed and developing economies?
- Who are the major key players in the Communication Intelligence market?
- Who are the leaders of the Communication Intelligence market in Germany?
- Who Are the Communication Intelligence Market Leaders in the US and Canada
- Who are the leaders of the Communication Intelligence market in India, China, Japan and South Korea?
- Which region held the largest market share in the global Communication Intelligence market?
- What are the growth factors of the Europe region in the global communication intelligence market?
- Market Share, Size and Forecast by Revenue | 2022−2029
- Market Dynamics – Growth Drivers, Restraints, Investment Opportunities and Key Trends
- Market Segmentation – A detailed analysis by way of administration, application, installation of use and region and region
- Competitive Landscape – Top Key Suppliers and Other Significant Suppliers
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