Global Man Portable Communication Systems Market Growth, Size, Share, Industry Report and Forecast 2
Author : mansi jain | Published On : 25 Nov 2021
The man portable communication system is an integrated, strong and compact amplification system, widely applicable in the defense communication field. It mainly includes- satellite communication devices, software-based radios, transceiver smartphones, personal digital assistants, military walkie-talkies, and two-way radios. The man portable communication system has enhanced flexibility, mobility, transmission range and wide reachable communication signals.
The Global Man Portable Communication Systems Market size is valued at $3.39 billion in 2020 and is expected to grow with a significant value and estimated to register the highest revenue by 2027, with a significant CAGR of 3.4% during the forecast period 2021-2027. The global market of man portable communication system is segmented as- by platform, by application and by region. The by platform segment is further bifurcated into land, airborne and naval sectors where the major segment projected to grow the market size is land segment. The major market driving forces for the Man Portable Communication Systems Market in land segment include - emergence of virtual channels, necessity of more bandwidth and at a military base, the requirement for command and control information for the soldiers, which are expected to drive the market globally.
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Besides, on the basis of application, the Global Man Portable Communication Systems Market is again categorized into- Software Defined Radios, SATCOM, Encryption, Smartphones, Homeland Security and Commercial. Here, the market is dominated by the Software Defined Radios as it is expected to raise the market growth with the higher pace and registered a growing CAGR during the forecast period. The market driving factor for the growth of man portable communication system market with reference to software defined radios include - the increasing rate to acquire Software Defined Radios to alter the use of old communication system by major military forces. The rising demand for SDR in military sectors is projected to raise the market size, shares and values of the Global Man Portable Communication Systems Market the forecast period.
Meanwhile, the various strategies adopted by the Global Man Portable Communication Systems market to anticipate the market growth in the forthcoming years. The market is significantly focusing on the research and development of man portable communication system, to overcome factors such as- size, weight and power consumption. Increasing investment in the technological advancement for man portable communication system, with smooth net-centric environment owing to provide real-time access over a data, is further projected to increase the deployment of the man-portable communication system in the market. Additionally, the improved frequency and bandwidth will anticipate the demand for this system, and propel the growth of the Global Man Portable Communication Systems market.
· The market number available for – 2020-2027
· Base year- 2020
· Forecast period- 2021-2027
· Segment Covered-
· By Platform
· By Application
· Competitive Landscape- L3Harris Technologies, General Dynamics Corporation, Raytheon Technologies Corporation, Elibit Systems Ltd and Thales Group., among others.
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Global Man Portable Communication Systems Market Report Segment
· Software Defined Radios
· Smart phones
· Homeland Security
Global Man Portable Communication Systems Market Report Segment by Region
- United States
- Rest of Europe
· South Korea
· Rest of APAC
Rest of the World
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