A new five-year Research and Markets forecast says increased global military spending in battle communication or network-centric warfare systems will help steer the software-defined radio market's direction. The research company said Wednesday it estimates that the worldwide market for SDR products will grow more than 6 percent over the next five years and expects the defense segment to experience the highest growth rate.

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A Research and Markets report forecasts the worldwide market for targeting pods will experience a 6.61 percent compound annual growth rate in the next five years as military agencies increase aircraft procurement and modernization efforts. The targeting pods market’s value is projected to increase from $3.3 billion in 2017 to $4.5 billion by 2022, Research Markets said Thursday. Lockheed Martin, L3 […] More

A new Research and Markets report predicts that U.S. spending on defense programs will grow 5.7 percent year-over-year to reach nearly $798 billion by 2022. The U.S. spent about $586.7 billion on defense during 2017 and is projected to have the largest defense expenditure in the world over the next four years, Research and Markets said Wednesday. The report also […] More

Research and Markets has projected that technological advancements in the production of military and commercial drones will help fuel the worldwide drone market’s growth to $16.7 billion in value by 2022. The company said Wednesday that efforts by the Federal Aviation Administration and other regulatory agencies to formulate policies that support use of military unmanned aerial […] More

A new Research and Markets report predicts the global man-portable military electronics market will reach $6.4 billion by 2027 with a compound annual growth rate of 3.29 percent due to the increasing complexity of modern warfare techniques and soldier modernization efforts. The company said Friday it expects the communication segment to hold a market share of 56.7 percent over the […] More

A new Research and Markets report forecasts that the air defense system market will experience a 5.74 percent compound annual growth rate and reach nearly $45.2 billion by 2024. The company said Wednesday increased military spending on efforts to develop air and missile defense systems, evolution of warfare and geopolitical challenges worldwide are among the factors that will drive market […] More

A new Research and Markets report forecasts that the worldwide market for military ammunition products will grow at a 2.21 percent annual compound growth rate to reach $16.6 billion in value by 2027. The company said Tuesday the projected ammo demand over the next 10 years will be driven by military modernization initiatives; regional conflicts and instability challenges; and […] More

Research and Markets has unveiled a new report that forecasts a 3 percent compound annual growth rate for the worldwide command, control, communications, computing, combat systems, intelligence, surveillance and reconnaissance systems through 2023. The company said Monday the global C5ISR market is projected to reach $1.36 billion in 2023 from $1.10 billion last year.   Increased […] More

Research and Markets has predicted the global market for military satellite payloads and subsystems will grow at a 5.35 percent compound annual growth rate through 2021 due to advancements in satellites, antenna technology and networks. The research firm said it also forecasts that the emergence of ground-based inflatable satellite communications antennas for military applications will help drive market growth. The “Global Military Satellite […] More

A new Research and Markets report projects the global military ammunition market to hit a compound annual growth rate of 1.52 percent from 2016 through 2026, buoyed by sustained procurement in defense spending countries. Research and Markets said Thursday that countries involved in conflicts and emerging economies involved in territorial disputes will drive the demand […] More

A new Research and Markets report predicts the global airborne intelligence, surveillance and reconnaissance market will hit a compound annual growth rate of 3.88 percent from 2017 through 2021. Research and Markets reported that many countries have started to augment their maritime security systems amid escalating possibilities of terrorist attacks through sea routes and illegal dealings […] More

A new Research and Markets report forecasts the software defined radio market to hit $29.12 billion by 2021 from $16.24 billion in 2016, or a compound annual growth rate of 12.39 percent. The report notes that the market will be driven by demand for advanced communication systems as organizations seek to retire old equipment, network […] More