IMARC Group, a leading market research company, has recently released a report titled “Man-Portable Communication System Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028.” The study provides a detailed analysis of the industry, including the global man-portable communication system market share, size, trends, and growth forecasts. The report also includes competitor and regional analysis and highlights the latest advancements in the market.
How Big is the Man-Portable Communication System Market?
The global man-portable communication system market size reached US$ 3.6 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 4.8 Billion by 2028, exhibiting a growth rate (CAGR) of 5.1% during 2023-2028.
What is Man-Portable Communication System?
A man-portable communication system (MPCS) is an amplification system that is mainly used in the field of defense. It includes software-defined radios, portable intercoms, two-way radios, satellite communication, military walkie-talkie and transceivers. It is also deployed with anti-jamming features that can further help reduce the noises generated by military equipment and sirens.
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What are the Growth Prospects and Trends in the Man-Portable Communication System Industry?
The global market is primarily driven by the growing demand for encrypted devices, such as radios and GPS systems. Furthermore, the rising threats of terrorism across the globe and the increasing demand for soldier-level information by command-and-control systems are positively influencing the market growth. Moreover, increasing investments in research and development (R&D) activities have also created a positive outlook for the market. Additionally, continual technological advancements, such as the widespread integration of 4G and 5G networks with these communication systems for higher bandwidth and frequency, are further projected to drive the market growth across the globe.
Who are the Key Players Operating in the Man-Portable Communication System Market?
The competitive landscape of the industry has also been examined with some of the key players.
What is Included in Market Segmentation?
The report has categorized the market based on platform, product type, device type, application and region.
Breakup by Platform:
Based on Product Type:
Analysed by Device Type:
Breakup by Application:
Key Highlights of The Report:
If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.
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