Global Military Radio Market and Technology Forecast 2021-2031
End Market Analysis forecasts the global military radio expenditure will approach $11.6 billion in 2031, representing a CAGR of 3.3%. This analysis looks at the total radio segment across form factor, platform types as well frequency and power categories. Trends driving spending on the military radio will be underpinned by software defined radio architecture, solid-state technologies, radio-SATCOM connectivity as well as radio connectivity with cellular/wireless and wired IP networks. Land-based radio will represent the largest market by far both in dollar terms as well as in terms of total shipments, with the North America providing the largest regional market opportunity for the radio and component suppliers.
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