PUBLISHER: AnalystView Market Insights | PRODUCT CODE: 1397105
PUBLISHER: AnalystView Market Insights | PRODUCT CODE: 1397105
Man-Portable Communication Systems Market size was valued at USD 4,005 Million in 2022, expanding at a CAGR of 6.2% from 2023 to 2030.
Man-portable communication systems are communication devices that are compact, portable, and lightweight. They are intended for use by individuals or small teams in various fields, including military, emergency services, outdoor recreation, and others. These systems are essential in maintaining communication in remote or challenging environments where traditional communication infrastructure may not be available. In emergency situations, Personal Locator Beacons (PLBs) and satellite messengers, which are portable communication devices designed for this purpose, can transmit distress signals and GPS coordinates.
Increasing demand for encryption devices such as GPS systems, smartphones, radios, and other tactical communication devices is expected to drive the growth of the market.
The surge in the usage of encryption devices can be attributed to the heightened demand for security measures in both civilian and military sectors. Encryption plays a vital role in safeguarding sensitive information, ensuring secure communications, and preventing unauthorized access in military and defense applications. According to Encryption Statistics and Trends, in 2022, more than 72% of technology companies incorporated at least one level of encryption to protect their most critical assets, marking a significant increase from the 55% recorded in 2020. Additionally, ongoing technological advancements such as software-defined radios, miniaturization, and improved battery life offer promising prospects for the Man-Portable Communication Systems Market. However, the market growth is hindered by the escalating cybersecurity threats.
The Global Man-Portable Communication Systems Market is segmented on the basis of Platform Type, Application, and Region.
The market is divided into three categories based on Platform type: Land-Based, Naval, and Airborne. The land-based segment dominates the market. Communication systems that are portable for individuals and used in land-based settings are of utmost importance in a variety of industries and situations. These systems are specifically created for use on land and are not intended for use in aerial or maritime environments. Man-portable communication systems are extensively utilized by military forces for operations conducted on land.
The market is divided into four categories based on application: Software Defined Radios (SDR), Satellite Communications (SATCOM), Encryption, Smartphones, Homeland Security, and Commercial. Software Defined Radios (SDR) dominates the market. Man-Portable Communication Systems frequently integrate Software Defined Radios (SDR) technology to augment their adaptability, versatility, and functionality. SDRs are radio devices that employ software-based processing to effectively manage a diverse array of radio frequencies and communication protocols.
Geographically, this market is widespread in North America, Latin America, Europe, Asia Pacific, and the Middle East and Africa. These regions are further divided as per the nations bringing business. These regions are further divided based on the nations involved in business activities. The growth of the Man-Portable Communication Systems Market is expected to be dominated by North America, primarily due to its significant expenditure in the defense sector and the presence of technologically advanced infrastructure. Specifically, the United States maintains one of the largest defense budgets worldwide, resulting in substantial investments in the procurement and development of advanced communication systems, including man-portable communication devices. According to Visual Capitalist data, the United States accounts for nearly 40% of global military expenditures, with an estimated spend of USD877 billion in 2022. North America benefits from a well-developed technology and innovation ecosystem, encompassing defense contractors, research institutions, and technology companies. Europe, on the other hand represents the second largest region for market growth.
The demand for man-portable communication systems is projected to increase due to technological advancements, heightened global security concerns, and a growing focus on public safety and emergency preparation. The market for these communication systems is fiercely competitive, with companies competing for contracts in the military, defense, and public safety sectors. The competitive landscape is shaped by ongoing technological advancements, interoperability, and cybersecurity as companies strive to deliver dependable and secure communication solutions to their clientele. For instance, L3Harris, a prominent player in the defense and communication industry, offers a diverse range of man-portable communication systems, encompassing handheld radios, tactical radios, and situational awareness solutions.
In October 2022, Thales secured its sixth order totaling up to $100 million in the United States Army Leader Programme. During the subsequent full-rate order for production (FRP-2), 4,000 portable Upgraded Multiband Inter/Intra Team Radios (IMBITR) is scheduled to be delivered, bringing the total quantity of IMBITR fielded by the US Army to 14,000.