-- Spending on radios, communications satellites, VSAT terminals, and other systems to grow at CAGR of 3.4%
BOSTON, April 30, 2015 /PRNewswire/ -- Trends driving spending on the military communications sector will be underpinned by network-centric IP-based communications across radios, communications satellites, VSAT terminals, datalinks, networks and other systems. The Strategy Analytics Advanced Defense Systems (ADS) service series of forecasts, outline global defense expenditure trends segmented on a regional basis before breaking out the expected spend on military communications incorporating systems, hardware, support and related services including military radios and satellite terminals, across the land, air and naval domains.
- North America will be the largest regional end market, but will be superseded from 2016 onward by demand from the Asia-Pacific region.
- Land-based communications will represent the largest market both in dollar terms as well as in terms of total shipments.
Strategy Analytics Global Military Communications Market Forecast: 2014 - 2024 outlines analysis looking at the total communications sector comprising radios, communications satellites, VSAT terminals, datalinks, networks and other systems. The associated Global Military Radio Market and Technology Forecast: 2014 - 2024 and Global Military Satellite Terminal Market and Technology Forecast: 2014 - 2024 data models provide a deeper dive into system shipments segmented across various platforms and the associated market for electronic components.
"In terms of systems, spending in the military communications sector will be dominated by satellite communications, comprising space-based satellite systems as well as the ground-based satellite terminals," notes Eric Higham, North American Director for ADS. "We expect a steady launch schedule for satellites as demand for satellite communications continues to increase."
"Military communications are moving towards systems that can operate across multiple modes and bands with an increasing emphasis on IP-centric communications that support data as well as voice communications," observed Asif Anwar, Director at Strategy Analytics. "This will continue the drive towards communications systems underpinned by enabling technologies that can support broadband performance, higher frequencies and digitization."
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Strategy Analytics, Inc. provides the competitive edge with advisory services, consulting and actionable market intelligence for emerging technology, mobile and wireless, digital consumer and automotive electronics companies. With offices in North America, Europe and Asia, Strategy Analytics delivers insights for enterprise success. www.StrategyAnalytics.com
European Contact: Asif Anwar, +44(0) 1908 423 635, firstname.lastname@example.org
US Contact: Eric Higham, +1 617 614 0721, email@example.com
SOURCE Strategy Analytics