Tactical Communications Market 2021 Competitive Strategies, Regional Analysis Forecast 2024
The tactical communications market will garner huge returns through public safety applications by 2024, the United States, to stimulate the regional landscape. The recent presentation of Bittium’s product range at the Defense Communications event in Poland shows that the tactical communications market has indeed come a commendably profitable path in the last few years. Inherently characterized by product innovation, this business area thrives on the efforts made by large companies to revolutionize the tactical communications industry. Last month, Bittium Corporation, a Finnish IT player, launched the Bittium Tough Comnode ™ terminal and the Bittium Tough SDR tactical radio range for military personnel during a defense communication event in Krakow, Poland. The SDR family of products is expected to assist in the transmission of data and voice in all army troops during battle, regardless of their ranks and positions. For example, the Bittium Tough Comnode ™ provides additional voice benefits for troops that include efficient SIP server features of the tactical voice system for VoIP terminals. These products also provide a myriad of alternatives for connecting third-party devices and systems and are expected to conquer the tactical communications market when officially commercialized.
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In another new technological development that is taking place throughout the tactical communications industry, DTC (Domo Tactical Communications), a key provider of surveillance and communication technologies, is launching ENCIPHER, a new professional dual-channel IP encoder equipped with advanced connectivity features. The new equipment is suitable for video streaming and surveillance and can be combined with 3G or 4G networks via an external modem. The new encoder’s ability to provide high image quality will increase product penetration in a myriad of sectors, including military and defense, aviation and construction, essentially driving the market share of tactical communications.
The huge influence of M & As is clearly evidenced by the revenue landscape of the tactical communications industry. Citing an example, Acorn Growth Companies, a key player in the venture capital and private equity business, recently announced the acquisition of CIS Secure Computing Company, a US IT service provider. Through this acquisition, Acorn is expected to further expand its services in the aerospace and defense sectors.
Tactical communications are widespread in the public safety, construction, industry and aviation sectors. The escalation in demand for products from defense personnel and law enforcement is expected to encourage trends in the tactical communications industry in the public safety sector. Companies are also trying to introduce new products that would further create a profitable path for the tactical communications market.
The growing demand for communication headsets in the construction and industrial sectors is expected to outline a profitable map of the growth of the tactical communications industry in the coming years. Speaking of which, the market for tactical communications in India and China will experience renewed dynamics in the coming years, related to the rapidly expanding construction domain in the regions. The significant costs of defense activities and the large-scale import of protective equipment and secure communication channels observed in the Asia-Pacific region will certainly stimulate the growth of the tactical communication industry in the region. The Indian government is projected to increase its defense spending by nearly 6% in 2017 and outsource the production of tactical communication systems to companies such as India-based Bharat Electronics Limited, an aerospace and defense company, under “ Make in India “initiative.
The US tactical communications industry will also witness a huge expansion in the coming years, driven by high budgets for the purchase of military communications and electronic products and the implementation of strict OSHA legislation. Given that the United States contributed significantly to the market share of tactical communications in 2016, the region is expected to renew its growth prospects in the coming years.
Another significant opportunity for growth in the tactical communications market is the MEA, driven by militant conditions and internal conflicts arising in countries such as Syria and Nigeria. In addition, the escalating cost of handset devices would also contribute significantly to the growth of the MEA’s tactical communications market.
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Characterized by a strong demand for protective equipment and seamless communication channels in the defense and public safety sectors, the tactical communications industry is likely to chart remuneration growth in the coming years. The business space is also heavily influenced by the growth tactics adopted by well-known companies such as Bose Corporation, Silynx Communications Incorporation, INVISIO Communications AB, Marlborough Communications Limited and TEA Headsets. Global Market Insights, Inc., claims that the tactical communications industry will reach revenues of more than $ 30 billion by 2024.
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