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The global tactical data link market size is expected to experience considerable growth by reaching USD 11,073.9 million by 2028. This information is published by Fortune Business Insights in its report, titled “Tactical Data Link Market Size, Share & COVID-19 Impact Analysis, By Solution (Hardware and Software), By Data Link Type (Link 16, Link 22, SADL, and Others), By Platform (Air, Ground, and Sea), By Application (Command & Control, Intelligence, Surveillance, and Reconnaissance (ISR), Electronic Warfare, Radio Communication, and Situational Awareness), and Regional Forecast, 2021 – 2028.” The report further observes that the market stood at USD 6,380.0 million in 2020 and is likely to exhibit a CAGR of 7.52% between 2021 and 2028.
Northrop Grumman Secures ADFTA Contract to Develop Joint Data Network
In November 2019, Northrop Grumman Corporation announced that it has secured a contract from the Australian Defense Force Tactical Data Link Authority (ADFTA). According to the contract, the company will deliver data link systems and impart training to develop the functionality and interoperability of the Australian Defense Force’s Joint Data. With extensive experience in networking and communication across multi-domain forces, Northrop’s advanced multi-system provides critical connectivity for the defense forces.
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Rising Border Tensions to Propel Countries to Adopt Advanced Communication Systems
According to the Stockholm International Peace Research Institute (SIPRI), China and India's military expenditure was estimated to be around USD 252 billion and USD 72.9 billion, respectively, in 2020. The rising terrorist activities across the globe has led the countries to improvise their defense capabilities. Besides, other cross-border incidents have propelled the government agencies to focus on adopting innovative and modern military communication technologies and systems. These factors are anticipated to bode well for the global tactical data link market growth in the forthcoming years.
Product Innovation by Key Players to Strengthen Their Market Positions
The market is segmented into several major companies striving to maintain their dominance by introducing advanced tactical data links that are in great demand among defense agencies globally. Additionally, the adoption of strategies such as merger and acquisition, collaboration, and partnership by other key players is expected to boost market growth during the forecast period.
List of the Companies Operating in the Global Market:
Further Report Findings:
Table of Segmentation:
Value (USD Million)
Solution; Data Link Type; Platform; Application and Geography
By Data Link Type