The Latin America, Middle East and Africa Communication Intelligence Market would witness market growth of 11.1% CAGR during the forecast period (2022-2028).
The rising use of VHF/UHF/L-Band, advanced data networks, as well as high-frequency communication platforms has increased the use of COMINT in ground-based platforms extensively. The ground forces use military antennas to create situational awareness (SA) for threat identification. The military is fast incorporating modern technology into its forces due to the unpredictable and volatile dynamics of combat operations.
Thus, ground forces' situational awareness establishment and maintenance are becoming more challenging, propelling the demand for advanced communication systems. Over the coming years, there will probably be a rise in the demand for COMINT systems at various training grounds, military stations, and other defense facilities.
It is anticipated that consistently growing communication intelligence market dynamics, the modernization of the defense industry, and significant advancements in electronic intelligence technology will all contribute to the growing demand for cutting-edge security solutions. The players in the market are investing in R&D to create clever and original methods to maintain their market expansion. These tactics include the introduction of new products and technological renovation.
Abu Dhabi is investing in the defense industry to advance the strategic objectives of the UAE and diversify the economy. As a result, the defense industry in this region now needs to include communication intelligence more than ever. The EDGE Group, for instance, which was established to combine various businesses, including the Emirates Defense Industries Company (EDIC), Emirates Advanced Investments Group (EAIG), Tawazun Holding, and others, has received a significant amount of public money. With a substantial cash stream and a sizable workforce, this military corporation specializes in five areas, namely platforms and systems, missiles and weapons, cyber defense, electronic warfare and intelligence, and mission support. As a result, the market's growth is projected to accelerate throughout the projection period.
The Brazil market dominated the LAMEA Communication Intelligence Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $180.4 Million by 2028.The Argentina market is experiencing a CAGR of 11.7% during (2022 - 2028). Additionally, The UAE market would display a CAGR of 10.7% during (2022 - 2028).
Based on Mobility, the market is segmented into Fixed and Man-portable. Based on Platform, the market is segmented into Ground, Airborne, Naval and Others. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
Free Valuable Insights: The Worldwide Communication Intelligence Market is Projected to reach USD 9.9 Billion by 2028, at a CAGR of 6.2%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include BAE Systems PLC, L3Harris Technologies, Inc., Thales Group S.A., Northrop Grumman Corporation, Lockheed Martin Corporation, Elbit Sytems Ltd., Raytheon Technologies Corporation, General Dynamics Corporation, HENSOLDT AG, and Israel Aerospace Industries Ltd.
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