Signals Intelligence (SIGINT) Market size is projected to grow from USD 14.0 billion in 2020 to USD 17.2 billion by 2025, at a Compound Annual Growth Rate (CAGR) of 4.2% during the forecast period published by MarketsandMarkets. The major driving factors for the SIGINT market are the increasing terrorism, growing defense budget of major countries across the globe, and modernization or replacement of an aging defense system. The security solution offers the capability to detect and identify both surface and underwater threats and will assist security teams in responding efficiently.
Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=192913423
By type, the COMINT segment to register the highest CAGR during the forecast period
COMINT is the subset of SIGINT that facilitates militaries with real-time decision-making and offers a strategic advantage on the battlefield. COMINT is the gathering of data that involves messages or voice information from the enemy’s communication system. It helps in detecting, intercepting, direction-finding, and analyzing the transmissions of opponents. This provides the operator with the ability to detect and analyze unusual patterns, signals, and movements of enemy forces.
Based on application, the cyber segment to grow at the highest CAGR during the forecast period
Cyber threat intelligence is the information that the defense sector uses to understand the potential threat. Attackers such as hacktivists, script-kiddies, cyber terrorists, cybercriminals, and targeted intrusion target business operations and IT systems, so it is very important to have a level of knowledge of such threats. In order to provide effective protection from cyber-attacks, intelligence provides means to collect, analyze, and sort all of the cyber-attack data related to the attacker and attack procedures used.
Request a Sample Pages: https://www.marketsandmarkets.com/requestsampleNew.asp?id=192913423
North America to hold the largest market share during the forecast period.
North America has the presence of several prominent market players delivering SIGINT solutions to all end-users in the region. The US and Canada both have strong economic conditions and are expected to be major contributors to the growth of the SIGINT market. The US government has taken initiatives to implement advanced SIGINT systems for naval, land, and air forces. There are various well-established and prominent SIGINT manufacturers in this region, including Lockheed Martin (US), Northrop Grumman (US), General Dynamics (US), Mercury Systems (US), L3Harris (US), and Raytheon (US).
Market Players
Major vendors covered in the SIGINT market report include BAE Systems (UK), Lockheed Martin (US), Northrop Grumman (US), Thales (France), Raytheon (US), Elbit Systems (israel), General Dynamics (US), Saab (Sweden), HENSOLDT (Germany), Indra (Spain), Mercury Systems (US), Israel Aerospace Industries (Israel), Rolta India (India), Rolta India (Germany), Systematic (Denmark), L3Harris (US), Cobham (UK), and Leonardo (Italy).
Related Reports:
Patch Management Market - Global Forecast to 2025
Virtualization Security Market - Global Forecast to 2025
About MarketsandMarkets™
MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.
Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.
MarketsandMarkets’s flagship competitive intelligence and market research platform, "Knowledge Store" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.
Contact:
Mr. Aashish Mehra
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA: +1-888-600-6441
