A comprehensive industry overview and market perspective are included in the latest study from MarkNtel Advisors titledGlobal Signal Intelligence Market. The research provides a detailed overview of the current market state, including market trends and the most recent advancements made globally. In-depth analysis of market size, share, industry trends, forecast, and competitive environment is covered in the report that presents clear picture of the market with relevant statistical data.
The report combines in-depth quantitative analysis with qualitative analysis; it ranges from macro-overviews of the overall market size, industry chain, and market dynamics to micro details of segment markets. This, as a result, provides a thorough overview of the industry under study as well as a profound understanding of all of its important features.
Global Signal Intelligence Market Definition:
Signals intelligence, SIGINT, a subset of intelligence collection management, involves intelligence gathering, usually for the military and defense industry. This is often done by intercepting signals from foreign targets, such as communications, radars, and weapons systems. The communication could be verbal, written messages, radar or weapons systems data, and more.
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Global Signal Intelligence Market Insights:
The Global Signal Intelligence (SIGINT) Market is valued at USD 6.5 billion in 2022 and is projected to grow at a CAGR of around 6.1% during the forecast period, i.e., 2023-28.
Global Signal Intelligence Market Driver:
The Exponential Growth of Global Communication Networks Raising National Security Concerns: The primary factor influencing market growth is the growing interconnect and dependency of the world on information exchange through various communication channels. Besides, the increasing internet penetration, expansion of digital devices, and evolved telecommunications infrastructure have resulted in a vast signal base that can be intercepted, analyzed, and controlled for intelligence purposes.
As such, governments and intelligence agencies have identified the need to monitor and intercept signals to gain insights into potential threats, security susceptibilities, and strategic benefits. Therefore, the need to understand and anticipate evolving threats, protect national security interests, and maintain a competitive edge in today’s interconnected world has propelled the adoption of SIGINT capabilities as a critical component of modern intelligence operations across the globe.
Global Signal Intelligence Market Leading Key Players:
BAE Systems, Boeing, Elbit Systems Ltd., General Dynamics Corporation, Harris Corporation, Huawei, Israel Aerospace Industries, L3 Technologies, Lockheed Martin Corporation, Mercury Systems Inc., Northrop Grumman Corporation, Raytheon Company, Rheinmetall AG, Rohde and Schwarz, Thales Group
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Global Signal Intelligence Market Segmentation:
Based on Type
– Electronic Intelligence (ELINT) – Market Size & Forecast 2018-2028, USD Million
– Communications Intelligence (COMINT) – Market Size & Forecast 2018-2028, USD Million
– Others- Market Size & Forecast 2018-2028, USD Million
Based on Application
– Airborne- Market Size & Forecast 2018-2028, USD Million
– Ground- Market Size & Forecast 2018-2028, USD Million
– Naval-Market Size & Forecast 2018-2028, USD Million
– Space- Market Size & Forecast 2018-2028, USD Million
– Cyber- Market Size & Forecast 2018-2028, USD Million
Based on Mobility
– Fixed- Market Size & Forecast 2018-2028, USD Million
– Man Portable- Market Size & Forecast 2018-2028, USD Million
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Global Signal Intelligence Market Geographical Analysis
– North America
– South America
– The Middle East and Africa
Recent Development of Global Signal Intelligence Market:
In May 2023, Saab Kockums delivered a new signal intelligence (SIGINT) naval vessel, HMS Artemis, to the Swedish Defence Materiel Administration. With this, the Swedish Navy has found a suitable replacement for the ship HMS Orion, which is more than three decades older.
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