Vancouver, British Columbia, Dec. 02, 2020 (GLOBE NEWSWIRE) -- The Global Signal Intelligence (SIGINT) Market is forecast to be worth USD 18.28 billion by 2027, according to a current analysis by Emergen Research. Higher importance on modernizing the existing signal systems and growing emphasis on the space-based command and control infrastructure for the military & commercial operations are some of the factors that are increasingly helping in the market growth.
Additionally, higher emphasis on the common operating picture (COP) of the defense operations and higher capabilities of information dominance, battlefield awareness, and decision advantages of the Signal Intelligence (SIGINT) are some of the prominent reasons behind the enormous growth of this market. Moreover, higher usage of the smart city command center applications is expected to fuel market growth.
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The global Signal Intelligence (SIGINT) market is expected to remain a highly competitive and fragmented landscape, consisting of a number of both small start-ups & medium enterprises and large conglomerates. During the projected era, increasing demand for technological development and higher diversification in product offerings ensure the enormous potential for the innovative players.
Further key findings from the report suggest
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For the purpose of this report, Emergen Research has segmented the Global Signal Intelligence (SIGINT) Market on the basis of application, platform, component, end-user, and region:
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