Market Trends – Higher Deployment of Signal Intelligence (SIGINT) in Defense Intelligence
— Emergence research
VANCOUVER, BC, UNITED STATES, June 23, 2022 /EINPresswire.com/ —
According to a recent analysis by Emergen Research, the global signaling intelligence (SIGINT) market is estimated at $18.28 billion by 2027.
Key factors influencing the market include, but are not limited to, the increasing use of geospatial information, rising cybercrime related to data breaches by the confidential governing bodies, rising threats and tensions in asymmetric warfare, and growing investments in defense agencies and foreign intelligence platforms.
Besides, the comprehensive emphasis on the common operational picture (COP) of military operations and higher capabilities of information dominance, battlefield awareness and decision advantages of the command and control systems are the key reasons behind the tremendous growth of this market. Increased use of space-based command and control infrastructure and smart city command center applications are also likely to spur market growth.
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As well as newcomers to the signal intelligence market. It focuses on recent mergers and acquisitions, joint ventures, collaborations, partnerships, licensing agreements, brand promotions and product launches, among others.
Major players in the market include Boeing Company, BAE Systems, Lockheed Martin, Rockwell Collins, Elbit Systems, Northrop Grumman, Thales Group, Leonardo SpA, Raytheon Company, and General Dynamics, among others.
One of the central components of the report is the broad Signal Intelligence Market segmentation, which includes the product type scale, application range, end-user industry landscape, major geographic regions, and the top market competitors. The report provides unbiased opinions from industry experts on the current market scenario, past market performance, production and consumption rates, demand and supply ratio, and revenue generation forecasts over the estimated period. The financial condition of the major players has been accurately assessed in the report along with their gross profits, sales volume, sales revenue, manufacturing cost and other financial metrics.
In May 2020, BAE Systems announced the completion of indictments relating to Raytheon Technologies Corporation’s Airborne Tactical Radios business. This acquisition will help provide groundbreaking electronic mission and control solutions to their customers.
Defense Intelligence is growing at the fastest CAGR of 6.3% throughout the projected period, driven by increased incorporation of intelligence protocols including next-generation communications, surveillance, reconnaissance, information fusion and data analytics, electronic welfare and spectrum dominance, and cyber control systems, among others.
The Asia-Pacific regions, led by China, India, Japan, and South and North Korea, allocate significant budgets for their defense maintenance purposes and commercial applications. Also, increasing instances of interpersonal conflicts, asymmetric warfare along with higher economic development and improvement in the technological industry are helping to drive the market penetration of Signal Intelligence (SIGINT).
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The global signaling intelligence market is broadly segmented on the basis of different product types, application areas, end-use industries, key regions, and an intense competitive landscape. This section of the report is intended solely for readers who wish to strategically select the most appropriate and lucrative segments of the Signals Intelligence sector. The segment analysis also helps companies interested in the industry to make optimal business decisions and to achieve their desired goals.
For the purpose of this report, Emergen Research has segmented the global Signaling Intelligence (SIGINT) Market on the basis of Application, Platform, Component, End-User and Region:
Bid Outlook (Revenue: USD bn; 2017-2027)
Internal Security & Cyber Protection
Military critical infrastructure
Platform Outlook (Revenue: USD bn; 2017-2027)
In the air
Components Outlook (Revenue: USD bn; 2017-2027)
Electronic Intelligence (ELINT)
Communications Intelligence (COMINT)
End User Outlook (Revenue: USD bn; 2017-2027)
Signal Intelligence Market is regionally segmented as follows:
North America (USA, Canada)
Europe (UK, Italy, Germany, France, Rest of EU)
Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
Latin America (Chile, Brazil, Argentina, Rest of Latin America)
Middle East Africa (Saudi Arabia, United Arab Emirates, South Africa, Rest of MEA)
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Key questions the report answers:
Which region is expected to dominate the market in the coming years?
What are the recent technological and product advances in the market?
What are the key strategies being followed by the leading players in the Signal Intelligence market?
What are the major product types and applications of Signal Intelligence industry?
What is the result of SWOT analysis and Porter’s five forces analysis?
What is the competitive landscape of the Signal Intelligence market?
Who are the key players in the industry?
What will be the growth rate of the industry in the coming years?
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Signals Intelligence Market Size Worth $18.28 Billion By 2027