The man-portable communication systems market is estimated to be $30.15 billion in 2014 and is expected to register a CAGR of 5.56% to reach $39.52 billion in 2019. The key growth regions will be the Middle East and Asia-Pacific. Russia, India, Brazil, and South Africa will demonstrate consistent levels of growth.
There will be an increasing demand in encryption devices such as software defined radios, smartphones, GPS systems, and other tactical communication devices in the emerging markets. Software applications in software defined radios will be a key area for growth in this market. The driving factor for this market will be the emergence of virtual channels and Augmented Reality (AR).
The environments in which military operations occur have always been complex, and modern operations have only served to increase this complexity. Several military requirements and capabilities have speciﬁcally driven the development of man-portable systems, along with AR systems.
Encryption of classified information is critical to safeguard both military operations success and personnel safety. Using commercial off-the-shelf technologies, standard encryption algorithms, and digital signatures will enable the timely distribution of classified information. Encryption devices will be the pillar of this market, ensuring safety in communication across all platforms (land, naval, and airborne).
The growth for this market will be slow in Europe and North America. There will be a slight decline in the global share of advanced markets. The decline is not attributed to a reduction in defense expenditure of western markets (Europe and the U.S.), but rather significant investment growth in most emerging markets (BRIC). The Middle East region will continue to increase its spending in the portable communications market.
Harris Corporation, Rockwell Collins, General Dynamics Corporation, BAE Systems, and Saab AB, will be the market leaders that occupy a significant market share.
Aselsan, Codan Limited, and ViaSat will expand significantly.
Man-portable communications in the public safety segment of Homeland Security is of critical importance and will expand at a steady pace.
Man-Portable Communication Systems Market by Platforms (Land, Airborne, Naval), by Application (Software Defined Radios, SATCOM, Encryption, Smartphones, Homeland Security, Commercial), & by Geography [North America, Asia-Pacific, Europe, the Middle East & ROW) - Forecast & Analysis (2014–2019)
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