Military Communication Market Revenue, Top Companies, Report 2032


13 Jun 2024

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Military Communication Market Revenue and Opportunity

The global military communication market revenue was valued at USD 38.60 billion in 2023 and is poised to grow from USD 41.26 billion in 2024 to USD 70.49 billion by 2032, at a CAGR of 6.92% during the forecast period 2023 - 2032. The government spends huge amounts worldwide on military communication to advance communication solutions in various departments. Better security of military services is driving the military communication market to grow. The military communication market includes developed mechanisms and technologies.

Military Communication Market Statistics

Market Overview

The transmission of information from investigation and their other units in contact with the rival, as well as the means for training command by the spread of orders and directions of commanders to their subordinates. The advancement in the communication department helps militaries to stay connected to each other in any adverse condition. Nowadays, military actions highly depend on real-time data exchange, conditional awareness, and intelligence sharing. A strong communication system that cannot be disturbed by any means of unwanted disaster is essential for the exchange of huge amounts of data, high-resolution images, video clips, sensor data, and information that can help decision-makers and troops available in the investigation field.

The worldwide expenditure on the military communication market has overlapped by nearly a trillion, as an enormous amount of funding is done by the centralized government to receive progressive communication solutions in the various government sectors. The interoperability and better safety of military service areas are the aspects increasing the demand for progress. The military communication market contains cutting-edge mechanisms and innovations. Software-defined radios are increasing at a fast pace and are operated in several types of radios, such as the tetra radio, mobile radio systems, and joint tactical radio. The price involved in receiving the advanced innovations poses a big hurdle to the development of this market. The numerous communication stages, for example, the LTE, 3G, 4G, and 2G require considerable hardware, increasing the difficulty and ultimately intensifying the price.

  • In every sector, be it banking or navigation or any other, the dependency is growing on space-based connectivity in every field, including the military.
  • The overall concept of Joint All-Domain Command and Control (JADC2) and its instructions to secure that all systems talk to one another is pushing the Air Force (ABMS), Navy (Project Overmatch), and Army (Project Convergence) to work on their affirmations and prior concepts to meet the connected requirement.
  • The military market is constantly depending on commercial technologies and processes unified into space-based networks for higher flexibility.
  • As the battleground moves towards more network-centric in recent years, satellite communication invention has been cutting-edge for the next generation, and requests for it have escalated. In the current scenario, an allied soldier must have network competencies that permit real-time data allocation to meet assignment necessities and continue operational competence.

Maintaining continuous communication innovation is the driving factor

The military communication industry has two minimum requirements: maintaining constant communication and protecting tremendously delicate data. Thus, to advance military communication safety, there is an upsurge in the acquisition of current communication arrangements. Rising geopolitical pressures and evolving safety threats require progressive communication resolutions. Military services across the globe are capitalizing on advanced communication innovations to safeguard swift and safe data exchange. Current progressions in communication innovation have knowingly improved the abilities of military communication systems. These developments comprise satellite communication (SATCOM), safe information encryption, high-regularity radio systems, ultra-high frequency communication, sophisticated networking procedures, etc.

The request for the exchange and use of information wireless networking systems also draws the market development. Military operations frequently encompass alliances between diverse divisions and allied forces, which requires protected communication. Continuing innovations in artificial intelligence, 5G technology, software-defined radios, and Internet of Things competencies are set to transmute military communication systems. These progressions promise quicker data transmission, enlarged bandwidth, and improved cybersecurity.

However, communications interoperability and association are the main challenges faced by companies in the military communications market. Furthermore, integration between diverse military agencies or branches is a serious matter. Speedily altering innovations, altering the nature of the system, spectrum provision, and insufficient subsidy increase the interoperability problems in the military communications market. Using parallel communication apparatus worldwide may be key, but it is not achievable. The current procedures in military communications need to be able to meet the growing demands in communication service stations. This is accomplished through adjustable communication that confirms the shifting needs of diverse operating situations are met.

Military Communication Market Highlights

Report Attribute Key Statistics
Market Revenue in 2024 USD 41.26 Billion
Market Revenue by 2032 USD 70.49 Billion
Market CAGR 6.92% from 2023 to 2032
Quantitative Units Revenue in USD million/billion, Volume in units
Largest Market North America
Base Year 2022
Forecast Period 2023 to 2032
Regions Covered North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa


Top Companies in the Military Communication Market

  • RTX Corporation
  • General Dynamics
  • L3Harris
  • Viasat
  • Airbus SE
  • Harris Corporation
  • Thales Group
  • Elbit Systems
  • Lockheed Martin
  • Iridium Communications
  • Boeing
  • Honeywell International, Inc.
  • BAE Systems
  • Northrop Grumman
  • Aselsan
  • Leonardo SpA
  • Cobham
  • Inmarsat
  • Israel Aerospace Industries
  • Ultra Electronics
  • Rockwell Collins

Recent Development by the Thales Group

  • Thales Group is a multinational company that designs, develops, and manufactures electrical systems and devices. In March 2024, Thales Group announced the creation of Cortex, which will be the AI accelerator that will equip armed forces.

Recent Development by the AERKOMM Inc.

  • In March 2024, AERKOMM, Inc. announced a collaboration plan with EJECTT, endeavoring a worldwide military communication system and 6G opportunity.

Regional Insights

North America dominated the military communication market in 2023 because of the large defense expenditure and increased penetration of technology in the defense sector. Furthermore, the presence of abundant projection of communication equipment and system manufacturers will boost the growth of the market in the region's forecast period. Europe is anticipated to observe a significant amount of growth in the market because of the incidence of the numerous naval and airborne communication solution manufacturers.

In the Asia Pacific, the market is estimated to show the fastest growth during the forecast period due to various key factors. The region consists of a varied array of industries like environmental monitoring, agriculture, urban planning, and forestry, which can be considered profitable for the military communication market. Military communication gives confidential information for disease detection, crop monitoring, environmental assessment, and land cover analysis. Then, the fast technological innovations in the area have led to rising accessibility and affordability of military communication systems. These have led them to become more manageable to industries and organizations of changing sizes, including research institutes, government agencies, and small and medium businesses.

Market Potential and Growth Opportunity

The ongoing progress and regular innovative technologies boosting the market

Market studies show the military communication market is continuously developing and progressing. The variables that drive the growth, along with developments in technology, everchanging consumer requirements, and beneficial market situations. Navigate the frequently changing market by recognizing the key factors manipulating the market dynamics, from recognized company heads to creative entrepreneurs. This gains a benefit over participants in this industry by using knowledge about customer satisfaction, product quality, and price tactics.

Military Communication Market News

  • In October 2023, a Colorado space company was chosen for a $615M contract to build more military communications satellites.
  • In April 2024, Northrop Grumman announced the development of a geostationary military communication satellite for the 2025 launch.

Market Segmentation

By Component

  • Software
  • Hardware

By Technology

  • SATCOM
  • VHF/UHF/L-Band
  • HF Communication
  • Data Link

By Platform

  • Airborne
  • Ground
  • Naval
  • Space

By Application

  • Command and Control
  • Intelligence, Surveillance, and Reconnaissance (ISR)
  • Situational Awareness
  • Routine Operations
  • Others

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