Military Communication Market to Exhibit a CAGR of 6.37% between 2022 and 2029; Thales Group’s New Javelin Combat Net Radio to Amplify Market Growth

The global military communication market size is anticipated to reach USD 54.11 billion by 2029. Fortune Business Insights in its report titled, “Military Communication Market Size, Share, and COVID-19 Impact Analysis by Component (Hardware and Software), By Technology (SATCOM, VHF/UHF/L-Band, HF Communication, and Data Link), By Platform (Airborne, Ground, Naval, and Space), By Application (Command and Control, Intelligence, Surveillance, and Reconnaissance (ISR), Situational Awareness, Routine Operations, and Others), and Regional Forecast, 2022-2029” observes that the market size stood at USD 33.10 billion in 2021 and USD 35.12 billion in 2022, and is projected to exhibit a CAGR of 6.37% during the forecast period. The rising adoption of wireless communication technology for various military applications is expected to boost the growth of the market.

The coronavirus pandemic may have negatively affected the defense industry, but the market for military communication witnessed exemplary growth in 2020. The increased demand for communication means for better situational awareness to curb the pandemic has helped the market to experience a limited impact of the pandemic. The swift growth of cross-border disputes and terrorism amid the pandemic resulted in an increased demand for military communication. Therefore, the market is anticipated to witness strong growth in the coming years.

Thales Group’s New Javelin Combat Net Radio to Amplify Market Growth

In January 2021, Thales Group launched the new Javelin Combat Net Radio in January 2021 to facilitate tactical command and control (C2) communications in military formations. Javelin has been developed within a span of one year to cater to the increasing modernization needs by the U.S. Army. Javelin provides a seamless connection and helps leaders expand situational awareness. The introduction of the product by Thales Group has enabled a vast range of tactical communication products offered by the company.

Increasing Adoption of Wireless Communication Technology for Several Military Application to Propel Market Growth

Maintaining consistent communication and protecting highly confidential data are the utmost requirements across the defense sector. This is necessary to ensure public safety; else the safety of citizens might be at risk. Moreover, investments in the defense sector are increasing due to growing cross-border disputes and terrorism. These factors are likely to boost the adoption of advanced military communication systems for improved security and safety and bolster the market growth. The increasing adoption of evolving communication technologies, such as ultra-high-frequency, very high-frequency, and Satellite Communications (SATCOM), to replace conventional wired systems is likely to benefit the market growth. Moreover, the growing demand for upgraded communication systems, aerial surveillance vehicles, and advanced battlespace management systems is likely to augment the adoption of military communication solutions.

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https://www.fortunebusinessinsights.com/military-communications-market-102696

Key Players Adopt Various Inorganic & Organic Strategies to Capture Growth

The marketplace is highly competitive with the presence of leading market players such as Raytheon Technologies Inc., Northrop Grumman Corporation, L3Harris Technologies Inc., and others. The major market players adopt inorganic and organic growth strategies, including technological advancements, contracts, partnerships, acquisitions, and others to amplify their revenues. For instance, Thales Group launched the new Javelin Combat Net Radio in January 2021 to facilitate tactical command and control (C2) communications in military formations.

Industry Developments-

• February 2021: French Defense Procurement Agency chose Thales Group to advance the upcoming phase of ground-based segment of Syracuse IV SATCOM system for French Armed Forces.

List of Key Market Players-

• ASELSAN A.S. (Turkey)


• Cobham PLC (U.K.)


• General Dynamics Corporation (U.S.)


• Honeywell International Inc. (U.S.)


• Iridium Communications Inc. (U.S.)


• L3Harris Technologies Inc. (U.S.)


• Lockheed Martin Corporation (U.S.)


• Northrop Grumman Corporation (U.S.)


• Raytheon Technologies Inc. (U.S.)


• Rohde & Schwarz (Germany)


• Thales Group (France)


• Viasat Inc. (U.S.)


• BAE Systems PLC (U.K.)

Further Report Findings-

• The market size is North America stood at USD 12.80 billion in 2021 and is projected to gain the largest military communication market share. The presence of pioneer communication equipment and system manufacturers such as Honeywell International Inc., Raytheon Company, Collins Aerospace, Northrop Grumman Corporation, and others is likely to be a key factor driving the region’s market growth.


• According to the segmentation based on component, the hardware segment is anticipated to witness the highest growth in the global market.

Table of Segmentation-