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Military communications market to grow to $38 billion by 2026: Report - News

March 15, 2019
NEW YORK. The global market for military communications is expected to grow from $30 billion in 2018 to $38 billion by 2026, at a combined annual growth rate (CAGR) of 3.4 percent during the forecast period, according to a recent market study by Reports and Data, "Military Communications Market By Communication Type (Airborne Communication, Air-Ground Communication, Underwater Communication, Ground-Based Communication And Shipborne Communication), Components (Military Satcom Systems, Military Radio Systems, Military Security Systems And Communication Systems) - Global Forecast 2026."