The global military satellite market valued US$11.8 billion in 2012, and will increase at a CAGR of 3.9% during the forecast period, to reach US$17.3 billion by 2022.

 The global military satellite market valued US$11.8 billion in 2012, and will increase at a CAGR of 3.9% during the forecast period, to reach US$17.3 billion by 2022. The market consists of three categories: communications, ISR and navigation. The communications segment is expected to account for 52.8% of the global military satellite market, followed by the ISR segment with a share of 28.4%, and navigation with the remaining 18.8%.


To Know More -  The Global Military Satellites Market

Global military communications & COTS market will reach $17.46bn in 2013

Effective, efficient and reliable military communications remain one of the most integral components of any modern military force. Diverse yet highly connected, network centric theatres of operations demand robust, wide ranging and accurate communications equipment and services in order to share, process and distribute vital real-time situational data. As a consequence, investment in military communications systems and services is set to continue throughout the next decade, despite significant budget cuts, economic limitations and potential technological challenges. Visiongain has therefore determined that the value of the global military communications & COTS market will reach $17.46bn in 2013.
 
To Know More : Global Military Communications & COTS Market 2013-2023