Signal intelligence, abbreviated as SIGINT, refers to the process of gathering intelligence that involves interception of signal. It generally involves decryption methods such as cryptanalysis to decode encrypted sensitive information. SIGINT can be sub-categorized into communications intelligence (COMINT), electronic intelligence (ELINT), and foreign instrumentation signal intelligence (FISINT). ELINT and COMINT are most widely in use around the world for interception of electronic signal and/or communication between individuals or groups.
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According to the latest market analysis report by Emergen Research, the global signal intelligence (SIGINT) market size is expected to reach USD 18.97 billion by 2028, displaying a revenue CAGR of 3.8%. Major factors driving market revenue growth are growing political tensions and threats across the globe, increasing rate of cybercrimes such as confidential data breaches, increasing government funds for national defense and security agencies and foreign intelligence platforms, and rapid adoption of advanced SIGINT solutions by armed forces and security agencies for crisis management or peacekeeping operations.
Some players analyzed in the report are:
Lockheed Martin
The Boeing Company
Raytheon Technologies Corporation
General Dynamics
Northrop Grumman
Thales Group
Leonardo S.p.A.
BAE Systems
Elbit Systems
Rohde & Schwarz GmbH & Co KG
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key findings from the report suggest
In May 2020, BAE Systems announced the completion of the accusation of the business of Airborne Tactical Radios of Raytheon Technologies Corporation. This acquisition will help deliver game-changing electronic mission and control solutions for their customers.
The Defense Intelligence is growing with the fastest CAGR of 6.3% throughout the projected period owing to its higher incorporation of intelligence protocols, including the nextgen communication, surveillance, reconnaissance, information fusion & data analytics, electronic welfare & spectrum dominance, and cyber control systems, among others.
The regions in the Asia Pacific lead by China, India, Japan, and South & North Korea are allotting a considerable budget for their defense grooming purposes and commercial applications. Besides, growing incidences of interpersonal stand-offs, asymmetric warfare, along with a higher economic development, enhancement in the technological industry deliberately help propel the Signal Intelligence (SIGINT) market enforcement.
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Emergen Research has segmented into the global Signal Intelligence (SIGINT) Market on the basis of Application, Platform, Component, End Users, and Region:
Application Outlook (Revenue: USD Billion; 2017-2027)
Military Commands
Homeland Security & Cyber Protection
Military Critical Infrastructure
Routine Operations
Emergency Services
Transportation System
Others
Platform Outlook (Revenue: USD Billion; 2017-2027)
Land
Airborne
Naval
Joint
Space
Component Outlook (Revenue: USD Billion; 2017-2027)
Electronic Intelligence (ELINT)
Communications Intelligence (COMINT)
End Users Outlook (Revenue: USD Billion; 2017-2027)
Army
Air force
Navy
Defense Intelligence
Commercial Services
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Detailed Regional Analysis covers:
North America (U.S., Canada)
Europe (U.K., Italy, Germany, France, Rest of EU)
Asia-Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
Latin America (Chile, Brazil, Argentina, Rest of Latin America)
Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
The report addresses the following key points:
The report estimates the expected market size from 2020-2027
The report provides a forecast of market drivers, restraints, and future opportunities for the Signal Intelligence market
The report further analyses the changing market dynamics
Regional analysis and segmentation of the market with analysis of the regions and segments expected to dominate the market growth
Extensive competitive landscape mapping with profiles of the key competitors
In-depth analysis of business strategies and collaborations such as mergers and acquisitions adopted by the key companies
Revenue forecast, country scope, application insights, and product insights
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The post Signal Intelligence Market Size, Share, Industry Analysis, Growth, Trends, Statistics, Emerging Technologies, Recent Developments and Forecast 2020-2027 appeared first on Market O Graphics.
