The signals intelligence (sigint) global market report 2024 from The Business Research Company provides comprehensive market statistics, including global market size, regional shares, competitor market share, detailed segments, trends, and opportunities. This report offers an in-depth analysis of current and future industry scenarios, delivering a complete perspective for thriving in the industrial automation software market.
Signals Intelligence (SIGINT) Market, 2024 report by The Business Research Company offers comprehensive insights into the current state of the market and highlights future growth opportunities.
Market Size –
The signals intelligence (sigint) market size has grown steadily in recent years. It will grow from $14.33 billion in 2023 to $14.91 billion in 2024 at a compound annual growth rate (CAGR) of 4.1%. The growth in the historic period can be attributed to military and defense imperatives, cold war and global conflicts, global terrorism and security concerns, proliferation of cyber threats, civilian and commercial applications..
The signals intelligence (sigint) market size is expected to see steady growth in the next few years. It will grow to $18.04 billion in 2028 at a compound annual growth rate (CAGR) of 4.9%. The growth in the forecast period can be attributed to shift towards autonomous and intelligent systems, investments in research & development, evolving nature of threats and adversaries, adoption of cloud-based and big data solutions, regulatory changes and privacy concerns. Major trends in the forecast period include ai and machine learning integration, advanced encryption and decryption technologies, emergence of quantum computing, 5g and iot impact on sigint, privacy regulations and ethics concerns..
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Scope Of Signals Intelligence (SIGINT) Market
The Business Research Company’s reports encompass a wide range of information, including:
1. Market Size (Historic and Forecast): Analysis of the market’s historical performance and projections for future growth.
2. Drivers: Examination of the key factors propelling market growth.
3. Trends: Identification of emerging trends and patterns shaping the market landscape.
4. Key Segments: Breakdown of the market into its primary segments and their respective performance.
5. Focus Regions and Geographies: Insight into the most critical regions and geographical areas influencing the market.
6. Macro Economic Factors: Assessment of broader economic elements impacting the market.
Signals Intelligence (SIGINT) Market Overview
Market Drivers –
The growing defense budget of major countries across the globe is expected to drive the growth of the signals intelligence market going forward. The protection of a country is viewed as a government responsibility. It encompasses the inhabitants, economy, and institutions of the country. National security is a top concern in many countries around the world, and it necessitates a sizable expenditure to build and maintain.. For instance, in April 2023, according to The Peter G. Peterson Foundation, a US-based organization, in 2022, the United States’ defense spending represented approximately 40% of the world’s total military expenditures, as per recent data from the Stockholm International Peace Research Institute (SIPRI). The U.S. increased its defense spending by $71 billion from 2021 to 2022, partly attributed to military aid sent to support Ukraine in its ongoing conflict. Presently, the United States allocates more funds to defense than the combined spending of the next 10 countries, a change from outspending the next 9 countries in 2021. Therefore, the growing defense budget of major countries drives the market for signals intelligence.
Market Trends –
Product innovations have emerged as the key trend gaining popularity in the 5G chipset market. The major players in the market are developing innovative products for market growth. For instance, in June 2021, Samsung Electronics, a South Korea-based electronics company, developed 3GPP Rel.16 compliant chipsets, a range of next-generation 5G chipsets that deliver cutting-edge 5G technologies. The new chipsets consist of a second-generation 5G modem System-on-Chip (SoC), a third-generation mmWave Radio Frequency Integrated Circuit (RFIC) chip, and a Digital Front End (DFE)-RFIC integrated chip. These are designed to increase power efficiency, boost performance, and reduce the size of 5G solutions.
The signals intelligence (sigint) market covered in this report is segmented –
1) By Type: Electronic Intelligence (ELINT), Communications Intelligence (COMINT), Foreign Instrumentation Signal Intelligence (FISINT)
2) By Mobility: Fixed, Man Portable
3) By Application: Cyber Intelligence, Ground-Based Intelligence, Naval Intelligence, Space Intelligence, Airborne Intelligence
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Regional Insights –
North America was the largest region in the signals intelligence market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the signals intelligence (sigint) market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
Key Companies –
Major companies operating in the signals intelligence (sigint) market report are BAE Systems PLC, Elbit Systems Ltd., General Dynamics Corporation, L3Harris Technologies Inc., Israel Aerospace Industries, The Boeing Company, Cobham PLC, Williams Control – Curtiss Wright, Hensoldt AG, Honeywell International, Indra Sistemas S. A., Jitterbit Inc., Lockheed Martin Corporation, Mercury Systems Inc., Microsoft Corporation, MuleSoft LLC, National Instruments Corporation, Oracle Corporation, Raytheon Technologies Corporation, Rheinmetall AG, Rohde & Schwarz GmbH & Co KG, Rolta India Limited, Saab AB, SAP SE, Systematic A/S, Thales Group SA, ThinkRF Corp., Booz Allen Hamilton Holding Corporation, Northrop Grumman Corporation, Safran Group
Table Of Contents
1. Executive Summary
2. Signals Intelligence (SIGINT) Market Report Structure
3. Signals Intelligence (SIGINT) Market Trends And Strategies
4. Signals Intelligence (SIGINT) Market – Macro Economic Scenario
5. Signals Intelligence (SIGINT) Market Size And Growth
…..
27. Signals Intelligence (SIGINT) Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
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