The global signals intelligence (SIGINT) market was valued at $15,513.8 million in 2021 and is projected to reach $23,348.3 million by 2030, growing at a CAGR of 4.5% from 2022 to 2030.
SIGINT capabilities have primarily been used by the government and defense sectors, but SIGINT solutions are expanding their reach into other areas such as seaborne consciousness, radio waves (RF) spectrum mapping, snooping, jamming, satellite technology hijacking, and cyber-surveillance. The most fully grown marketing SIGINT application is maritime domain awareness, which provides an effective understanding of any vessel or object in the maritime domain that could affect security, safety, economy, or the environment. The increasing digital revolution of this sector is likely to open new avenues for cybercriminal action, and the risk is greater than that in any other industry. The compromise of a nation's existing cyber defense strategies has the potential to result in substantial monetary, and resource loss is common.
SIGINT is critical to government and defense authorities. Furthermore, SIGINT solutions have expanded their reach in recent years to include Radio Frequency (RF) spectrum mapping, maritime domain awareness, jamming, eavesdropping, and cyber-surveillance. SIGINT systems are being used in a variety of industries to improve security and protection. For example, in January 2019, Elbit Systems Ltd., a global high-technology organization engaged in homeland security defense, and commercial programs, announced that it had received $15 million in contracts from Energean plc to provide enhanced security solutions for the offshore Karish-Tanin gas fields' Offloading platform. Furthermore, increased defense budget coupled with modernization of defense system for national safety in the developed as well as developing countries are projected to propel the demand for advanced solutions, which may further fuel the market growth in the coming years.
However, the variety of threats is a major challenge for the SIGINT market. The growing use of the electromagnetic radiation for civil and commercial applications including broadband, live TV streaming, and navigation has facilitated use of different frequencies for a wide variety of devices. This has made detector frequencies complicated. Militaries all around globe are concentrating on assembling threat data by detecting frequency band, a strategic indicator that displays danger category, regularity of transmission, signal variables, event processing, and other pertinent information. The goal is to stop, search for, recognize, and pinpoint the references of the opponent's electromagnetic energy. This aids in the identification of various threats and the suitable use of military forces. However, in order to successfully implement these functions, current defense SIGINT must be updated.
The global signals intelligence (SIGINT) market is segmented on the basis of type, solution, and region. By type, the market is classified into ELINT and COMINT. By solution, the analysis has been divided into airborne, ground, naval, cyber, and space. By region, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
The key players profiled in this report include BAE Systems., Thales Group, Northrop Grumman Corporation., Lockheed Martin Corporation., Raytheon Technologies Corporation, Elbit Systems Ltd., General Dynamics Corporation, Rheinmetall AG, L3Harris Technologies, Inc., and Mercury Systems, Inc.
SIGINT capabilities have primarily been used by the government and defense sectors, but SIGINT solutions are expanding their reach into other areas such as seaborne consciousness, radio waves (RF) spectrum mapping, snooping, jamming, satellite technology hijacking, and cyber-surveillance. The most fully grown marketing SIGINT application is maritime domain awareness, which provides an effective understanding of any vessel or object in the maritime domain that could affect security, safety, economy, or the environment. The increasing digital revolution of this sector is likely to open new avenues for cybercriminal action, and the risk is greater than that in any other industry. The compromise of a nation's existing cyber defense strategies has the potential to result in substantial monetary, and resource loss is common.
SIGINT is critical to government and defense authorities. Furthermore, SIGINT solutions have expanded their reach in recent years to include Radio Frequency (RF) spectrum mapping, maritime domain awareness, jamming, eavesdropping, and cyber-surveillance. SIGINT systems are being used in a variety of industries to improve security and protection. For example, in January 2019, Elbit Systems Ltd., a global high-technology organization engaged in homeland security defense, and commercial programs, announced that it had received $15 million in contracts from Energean plc to provide enhanced security solutions for the offshore Karish-Tanin gas fields' Offloading platform. Furthermore, increased defense budget coupled with modernization of defense system for national safety in the developed as well as developing countries are projected to propel the demand for advanced solutions, which may further fuel the market growth in the coming years.
However, the variety of threats is a major challenge for the SIGINT market. The growing use of the electromagnetic radiation for civil and commercial applications including broadband, live TV streaming, and navigation has facilitated use of different frequencies for a wide variety of devices. This has made detector frequencies complicated. Militaries all around globe are concentrating on assembling threat data by detecting frequency band, a strategic indicator that displays danger category, regularity of transmission, signal variables, event processing, and other pertinent information. The goal is to stop, search for, recognize, and pinpoint the references of the opponent's electromagnetic energy. This aids in the identification of various threats and the suitable use of military forces. However, in order to successfully implement these functions, current defense SIGINT must be updated.
The global signals intelligence (SIGINT) market is segmented on the basis of type, solution, and region. By type, the market is classified into ELINT and COMINT. By solution, the analysis has been divided into airborne, ground, naval, cyber, and space. By region, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
The key players profiled in this report include BAE Systems., Thales Group, Northrop Grumman Corporation., Lockheed Martin Corporation., Raytheon Technologies Corporation, Elbit Systems Ltd., General Dynamics Corporation, Rheinmetall AG, L3Harris Technologies, Inc., and Mercury Systems, Inc.
Key Market Segments
By Type
- Electronic Intelligence (ELINT)
- Communications Intelligence (COMINT)
By Application
- Airborne
- Ground
- Naval
- Space
- Cyber
By Mobility
- Fixed
- Man Portable
By Region
- North America
- U.S.
- Canada
- Mexico
- Europe
- Rest of Europe
- United Kingdom
- Germany
- France
- Spain
- Italy
- Asia-Pacific
- China
- India
- Japan
- South Korea
- Australia
- Rest of Asia-Pacific
- LAMEA
- Brazil
- Saudi Arabia
- United Arab Emirates
- South Africa
- Rest of LAMEA
Key Market Players
- BAE Systems
- Thales Group
- Northrop Grumman Corporation
- Lockheed Martin Corporation
- Raytheon Company
- Elbit Systems Ltd.
- General Dynamics Corporation
- Rheinmetall AG
- Mercury Systems Inc.
- Harris Corporation
Table of Contents
CHAPTER 1: INTRODUCTION
CHAPTER 2: EXECUTIVE SUMMARY
CHAPTER 3: MARKET OVERVIEW
CHAPTER 4: SIGNALS INTELLIGENCE (SIGINT) MARKET, BY TYPE
CHAPTER 5: SIGNALS INTELLIGENCE (SIGINT) MARKET, BY APPLICATION
CHAPTER 6: SIGNALS INTELLIGENCE (SIGINT) MARKET, BY MOBILITY
CHAPTER 7: SIGNALS INTELLIGENCE (SIGINT) MARKET, BY REGION
CHAPTER 8: COMPANY LANDSCAPE
CHAPTER 9: COMPANY PROFILES
List of Tables
List of Figures
Executive Summary
According to the report, titled, “Signals Intelligence (SIGINT) Market," the signals intelligence (sigint) market was valued at $15.5 billion in 2021, and is estimated to reach $23.3 billion by 2030, growing at a CAGR of 4.5% from 2022 to 2030.Signal intelligence is the process of gathering information from a given target by collecting and analyzing electronic signals and communications. It functions by gathering intelligence through the use of signals. These signals could be transmitted between people or generated by electronic signals that are not directly used in the communication sector. It gives an organisation or individual information to help them make decisions and possibly gain a strategic advantage.
Signal intelligence market on the basis of type is divided into two categories: COMINT (Communications Intelligence), which is collected by accessing individual people' communication systems and ELNIT (Electronic Intelligence), which would be gathered by using sensors installed. ELNIT (Electronic Intelligence) has also been enlarged to include data collected from other kinds of signal interception and disruption. It is among the most important systems in military defense and is classified as Intellect, Monitoring, and Reconnaissance (ISR). Danger capabilities, structure, temperament, and intentions are all supplied by SIGINT systems. As a result, such facilities are anticipated to propel the growth of the signals intelligence market size.
The global signals intelligence market is segmented on the basis of type, solution, and region. By type, the market is classified into ELINT and COMINT. By solution, the analysis has been divided into airborne, ground, naval, cyber, and space. By region, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
The key players profiled in this report include BAE Systems., Thales Group, Northrop Grumman Corporation., Lockheed Martin Corporation., Raytheon Technologies Corporation, Elbit Systems Ltd., General Dynamics Corporation, Rheinmetall AG, L3Harris Technologies, Inc., and Mercury Systems, Inc.
The report focuses on the global signals intelligence market forecast and the major products & applications, where signal intelligence (SIGINT) is deployed. It further highlights numerous factors that influence the market growth, such as forecast, trends, drivers, restraints, opportunities, and roles of different key players that shape the market. The report focuses on the overall demand for signal intelligence (SIGINT) in various countries, presenting data in terms of both value and volume. The revenue is calculated by proliferating the volume by region-specific prices, considering the region-wise differentiated prices.
IMPACT OF COVID-19 ON THE GLOBAL SIGNALS INTELLIGENCE (SIGINT) MARKET
- COVID-19's impact on businesses is redefining business models. The new coronavirus has had an impact on every organization. Organizations are attempting to restructure their supply chains in order to create a safe working environment.
- The global signals intelligence industry has been forecasted to expand significantly during in the COVID-19 pandemic. Public health efforts to control outbreaks may benefit from signal intelligence. In contrast, health indicators have been resilient to the adoptive parents of government-led AI techniques such as SIGINT due to legal and ethical concerns.
- Furthermore, during the COVID-19 emergency, key as well as inventive vendors in the SIGINT market are trying to implement successful methods including launching informative webcasts and attempting to enter into strategic partners in order to develop inside the international market. For example, CRFS, a major player in RF geolocation solutions, announced in July 2020 that it would launch the new series of webinars to support and educate the many working on electronic warfare.
Key Findings of the Study
- On the basis of type, the COMINT segment emerged as the global leader in 2021 and is anticipated to hold highest signal intelligence market share during the forecast period.
- On the basis of solution, the airborne signal intelligence segment emerged as the global leader in 2021 and is anticipated to be the largest market during the forecast period.
- On the basis of region, Asia-Pacific is projected to have the fastest growing market during the forecast period.
Companies Mentioned
- Bae Systems
- Thales Group
- Northrop Grumman Corporation
- Lockheed Martin Corporation
- Raytheon Company
- Elbit Systems Ltd.
- General Dynamics Corporation
- Rheinmetall AG
- Mercury Systems Inc.
- Harris Corporation
Methodology
The analyst offers exhaustive research and analysis based on a wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics, and regional intelligence. The in-house industry experts play an instrumental role in designing analytic tools and models, tailored to the requirements of a particular industry segment. The primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks, and face-to-face interactions.
They are also in professional corporate relations with various companies that allow them greater flexibility for reaching out to industry participants and commentators for interviews and discussions.
They also refer to a broad array of industry sources for their secondary research, which typically include; however, not limited to:
- Company SEC filings, annual reports, company websites, broker & financial reports, and investor presentations for competitive scenario and shape of the industry
- Scientific and technical writings for product information and related preemptions
- Regional government and statistical databases for macro analysis
- Authentic news articles and other related releases for market evaluation
- Internal and external proprietary databases, key market indicators, and relevant press releases for market estimates and forecast
Furthermore, the accuracy of the data will be analyzed and validated by conducting additional primaries with various industry experts and KOLs. They also provide robust post-sales support to clients.
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Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 374 |
| Published | June 2022 |
| Forecast Period | 2021 - 2030 |
| Estimated Market Value ( USD | $ 15513.8 million |
| Forecasted Market Value ( USD | $ 23348.3 million |
| Compound Annual Growth Rate | 4.6% |
| Regions Covered | Global |
| No. of Companies Mentioned | 10 |
