The global military communication market size was valued at USD 33.12 billion in 2023. The market is projected to grow from USD 34.74 billion in 2024 to USD 60.40 billion by 2032, exhibiting a CAGR of 7.2% during the forecast period. North America dominated the military communications market with a market share of 31.49% in 2023.

Additionally, the increasing adoption of satellite communication technology or SATCOM technology is anticipated to be a key trend stimulating market growth.

Informational Source:

https://www.fortunebusinessinsights.com/military-communications-market-102696

List of Key Market Players-

• ASELSAN A.S. (Turkey)
• Cobham PLC (U.K.)
• General Dynamics Corporation (U.S.)
• Honeywell International Inc. (U.S.)
• Iridium Communications Inc. (U.S.)
• L3Harris Technologies Inc. (U.S.)
• Lockheed Martin Corporation (U.S.)
• Northrop Grumman Corporation (U.S.)
• Raytheon Technologies Inc. (U.S.)
• Rohde & Schwarz (Germany)
• Thales Group (France)
• Viasat Inc. (U.S.)
• BAE Systems PLC (U.K.)

Segments-