Communication Intelligence Market Research, 2031
The global communication intelligence market size was valued at $7.1 billion in 2021, and is projected to reach $12.9 billion by 2031, growing at a CAGR of 6.1% from 2022 to 2031. Communication Intelligence (COMINT) system is a wireless communication technology that is utilized on battlefields for radio monitoring, finding radio locations, and intercepting enemy radar signals. COMINT uses electromagnetic signals to send data from point A to point B. It is used to decode military radio traffic, fax transmissions, electromagnetic signals and COMINT converts it into actionable information such as images, sound, or data that can be analyzed easily. It supports cutting-edge networking technologies and satellite communications that are widely used by defense forces around the world. It can be utilized from any mode such as airborne, ground, and naval levels.
Communication intelligence hold great potential in defense and aerospace industry. Intelligence is information that assists an organization or individual in making decisions that provide them with a strategic advantage. The adoption of artificial intelligence (AI) in electronic warfare and machine learning majorly in defense departments around the world is expected to increase demand for COMINT and drive the global market. AI in COMINT includes technologies such as machine learning and natural language processing, allows machines to sense, comprehend, act, and learn to augment human capabilities, with the help of these the defense personals can take the necessary actions on the basis of the data acquired. All these aspects are estimated to drive the market growth and demand during the analysis period.
A military communication satellite system costs around USD 1 billion to develop and USD 90 million to launch, as a result, the expensive cost of infrastructure, installation, and data links restricts the growth of communication intelligence market. High cost associated with the deployment of COMINT systems is anticipated to decrease the demand for this market, which is anticipated to hamper the global market growth, during the forecast period.
COMINT solutions have been growing their application in a multiple industry, including radio frequency (RF), jamming, spectrum mapping, eavesdropping, and cyber-surveillance. It is widely used in cyber warfare. Cyber warfare involves the use of cyber-attacks against an enemy state in order to cause comparable harm to actual warfare. The emergence of solutions in defense forces helps to manage the situation and have the extensive collaborative mission planning, These factors is expected to boost the communication intelligence market growth in the coming years.
The industry players are investing in the R&D to develop smart and unique strategies to sustain their growth in the market. These strategies include product launches, mergers & acquisitions, collaborations, partnerships, and refurbishing of existing technology. In, March 2022, Scryb launched its Cybeats cybersecurity products commercially at the end of 2021 and the Company continues to be focused on bolstering its dedicated commercial teams, customer success and technical sales personnel to support communication intelligence market demand.
These factor is expected to boost the growth of the market in the coming years. The key players profiled in this report include Lockheed Martin Corporation, Raytheon Company, General Dynamics Corporation, Northrop Grumman Corporation, Thales Group, L3Harris Technologies, Inc., BAE Systems, Elbit Systems Ltd., Saab AB, TCI International, Inc., and HENSOLDT.
The global communication intelligence market is segmented on the basis of mobility, platform, and region. By mobility, the market is sub-segmented into fixed and man-portable. By platform industry, the market is classified into airborne, ground, naval, and others. By region, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
The communication intelligence market is segmented into Mobility and Platform.
By mobility, the fixed mobility sub-segment dominated the market in 2021. Mobility is recognized as an important component of the modern battlefield, because of the ability to move weapon systems or combat units from one place to another by intercepting the enemy’s communication systems which makes a huge difference between success and defeat. The above mentioned are predicted to be the major factors affecting the communication Intelligence market demand during the forecast period.
By platform, the ground sub-segment dominated the global communication Intelligence market share in 2021. The growth of this sub-segment can be attributed to the use of communication intelligence in defense sector. Ground platform makes it easier and more productive for defense and intelligence planners to remain focused and plan with respect to the necessary capabilities that are needed on the field. It helps in planning the attacks and deploy the troops accordingly. Defense sector that relies on conventional radio in the battlefield have long wanted to modernize communications equipment in defense sector. Communication intelligence in the defense sector which helps to detect, locate, and the intentions of the enemy in various platforms are bound to create a scope for communication intelligence market growth for these sub-segments during the forecast period.
By region, Asia-Pacific dominated the global market in 2021 and is projected to remain the fastest-growing sub-segment during the forecast period. The increase in military expenditure in this region for upgradation and acquisition of communication intelligence for modern defense equipment is expected to grow communication intelligence market share in the Asia-Pacific region. According to "Stockholm International Peace Research Institute (SIPRI)" an independent international organization that researches into conflict and weapons of the countries stated that the countries such as India, China, South Korea, Japan, and Australia have increased their military expenditure in 2021. Such factors are predicted to promote the growth of the market in Asia-Pacific region.
Impact of COVID-19 on the Global Communication Intelligence Industry
- The novel coronavirus emerged in 2019 and significantly impacted people across the world socially, economically, and politically. The coronavirus pandemic may have a short to medium term impact on military equipment manufacturers in the defence sector.
- China has prioritized "digitization" of its national defense and civilian infrastructure. However, China being the epicenter of the coronavirus pandemic, its export was affected, leading to a decline in demand of communication Intelligence industry.
- The demand for military equipment over couple of years is unlikely to be affected because funding for the defense projects were set aside before the pandemic which are vital to national defense.
Key Benefits For Stakeholders
- This report provides a quantitative analysis of the communication intelligence market forecast, segments, current trends, estimations, and dynamics of the communication intelligence market analysis from 2021 to 2031 to identify the prevailing communication intelligence market opportunities.
- The market research is offered along with information related to key drivers, restraints, and opportunities.
- Porter's five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
- In-depth analysis of the communication intelligence market segmentation assists to determine the prevailing market opportunities.
- Major countries in each region are mapped according to their revenue contribution to the global market.
- Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
- The report includes the analysis of the regional as well as global communication intelligence market trends, key players, market segments, application areas, and market growth strategies.
Communication Intelligence Market Report Highlights
| Aspects | Details |
 Market Size By 2031 | USD 12.9 billion |
 Growth Rate | CAGR of 6.1% |
 Forecast period | 2021 - 2031 |
 Report Pages | 298 |
 By Mobility |
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 By Platform |
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 By Region |
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 Key Market Players | General Dynamics Corporation, Raytheon Company, L3Harris Technologies, Inc., Northrop Grumman Corporation, hensoldt, Lockheed Martin Corporation, Israel Aerospace Industries, bae systems, inc., elbit systems ltd, Thales Group |
Analyst Review
Rising demand of communication intelligence as an emerging technology for defense and aerospace industry is the key factor that is projected to drive the growth of the global communication intelligence (COMINT) market during the forecast period. In addition, the increase in acceptance of enhanced security solutions that offers crucial information in defense and aerospace industries is expected to fuel growth of the market during the forecast period. However, high cost involved in the deployment of new technologies is the key factor expected to hamper the market growth during the forecast period. On the contrary, the emergence of solutions that helps for air-force management, situational awareness, and extensive collaborative mission planning is further expected to create enormous opportunities for the global industry in the coming years. Furthermore, adoption of advanced technologies such as KA-band satellite for communication services is anticipated to provide remunerative opportunities for key players to maintain the pace of the ocean power market in the upcoming years.
Among the analyzed regions, North America is expected to account for the highest revenue in the market by the end of 2031, followed by Asia-Pacific, Europe, and LAMEA. It plays an important part in the security and economic capabilities of several countries or worldwide. These are the key factors responsible for leading positions of North America and Asia-Pacific in the global communication intelligence (COMINT) market.
The diverse applications of communication intelligence across defense industry is the major market driver. In addition, the use of communication intelligence in situational awareness on naval vessels and expanding surveillance abilities is estimated to generate excellent opportunities in the communication intelligence market.
Asia-Pacific will provide more business opportunities for the global communication intelligence market in future.
Lockheed Martin Corporation, Raytheon Company, and General Dynamics Corporation are the major players in the communication intelligence market.
The major growth strategies adopted by communication intelligence market players are product launches and mergers & acquisitions.
Defense industry are the major customers in the global communication intelligence market.
The report provides an extensive qualitative and quantitative analysis of the current trends and future estimations of the global communication intelligence market from 2021 to 2031 to determine the prevailing opportunities.
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