The global man-portable communication systems market is projected to grow from USD 30.15 Billion in 2014 to USD 39.52 Billion by 2019, at a CAGR of 5.56% from 2017 to 2022. There is an increasing trend towards software defined radios, VSATs (Very small aperture terminals), and smartphones. This has provided a growth momentum to mature markets such as the U.S. and have opened a number of avenues for emerging markets such as India, China, and the Middle East.
The global man-portable communication systems market has been segmented on the basis of platform, application, and region. Based on platform, the global man-portable communication systems market has been segmented into land, airborne, and naval. The land segment is projected to lead the market during the forecast period, owing to the need for more command and control (C2) information at the individual soldier level, emergence of virtual channels, and the need for more bandwidth are the driving forces of this market.
Market Ecosystem
The global man-portable communication systems market has been segmented on the basis of platform, applicaton, and region. BAE Systems (UK), Harris Corporation (US), Rockwell Collins (US), Thales Group (France), Saab (Sweden), General Dynamics Corporation (US), and Cobham plc (UK) are some of the manufacturers in this market.
Scope of the Report:
Global man-portable communication systems Market, By Platform
- Land
- Airborne
- Naval
Global man-portable communication systems Market, By Application
- Software Defined Radios
- SATCOM
- Encryption
- Smartphones
- Homeland Security
- Commercial
Global man-portable communication systems Market, By Region
- North America
- Europe
- Asia Pacific
- Middle East
- Rest of the World
The North American region is estimated to be the largest market for global man-portable communication systems in 2014. United States has the highest defense spending in the world making North America one of the largest market for global man-portable communication systems. The global man-portable communication systems market in the Asia Pacific regions is also expected to witness a high growth due to the emerging economies such as India and China.