The Global Signals Intelligence (SIGINT) Market delivers comprehensive overview of the global market along with the market elements such as market drivers, trends, challenges and restraints.
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#Top Key Players in the “Signals Intelligence (SIGINT) Market” include are BAE Systems (BAE Systems), Thales Group (Thales), Elbit Systems Ltd.
(Elbit Systems), General Dynamics Corporation (General Dynamics), Northrop Grumman Corporation (Northrop Grumman), Saab AB (Saab), Mercury Systems, Inc. (Mercury Systems), and Lockheed Martin Corporation (Lockheed Martin), Israel Aerospace Industries Ltd.
(Israel Aerospace Industries), Rolta India Limited (Rolta India), Rhein metall AG (Rhein metall), Harris Corporation (Harris), SYSTEMATIC (Systematic), and Cobham plc (Cobham).
The Global Signals Intelligence (SIGINT) Market is expected to grow from US$ 12.8 Billion in 2018 to US$ 15.6 Billion by 2023, at a Compound Annual Growth Rate (CAGR) of 4.1% during the forecast period. The major market growth factors include increasing terrorism, growing defense budget of major countries across the globe, and modernization or replacement of an aging defense system.
Browse and in-depth TOC on “Signals Intelligence Market"
48 - Tables
41 - Figures
15 - Company Profiles
Signals Intelligence (SIGINT) in space or satellites is a vital resource for defense and security missions, especially while planning operations and mission deployments remotely. The satellites are designed to provide strategic threat assessments and offer an exceptional level of tactical support to decision makers and soldiers.
SIGINT satellites support the warfighter, as the warfighter retrieves every minute data on a 24/7 basis, potentially every day of the year.
“Asia Pacific (APAC)is expected to grow at the highest growth rate during the forecast period.”
APAC is projected to witness the highest growth rate, especially in China and India, which is due to the high propensity of these countries to adapt to technological advancements. Rising insurgencies and armed conflicts in APAC is one of the factors driving the SIGINT market growth.
For instance, according to ourworldindata.org, India witnessed 966 terror incidents in 2017. India was the fifth-largest country in military expenditure across the world in 2017.
In addition to this, the fast-growing economies of the APAC region are improving their defense capabilities.
The Study Objectives of this report are:
- To forecast the market size of the segments with respect to 5 main regions, namely, North America, Europe, Asia Pacific (APAC), Middle East and Africa (MEA), and Latin America.
- To define, describe, and forecast the Signals Intelligence (SIGINT) market by type, application, and region.
- To provide detailed information about the major factors (drivers, restraints, opportunities, and industry-specific challenges) influencing the market growth.
- To analyze the opportunities in the market and provide details of the competitive landscape to the stakeholders and market leaders.
- To profile the key players and comprehensively analyze their market ranking and core competencies.1
- To analyze competitive developments, such as new partnerships, new contracts, and new product developments, in the SIGINT market
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Reason to Access this report:
The report would help the market leaders/new entrants in the Signals Intelligence market with the information on the closest approximations of the revenue numbers for the overall SIGINT market and sub segments. The report would also help stakeholders understand the competitive landscape and gain more insights to better position their businesses and plan suitable go-to-market strategies.