Signals intelligence (SIGINT) involves collecting foreign intelligence through electronic signals and systems. These systems, used by foreign targets like radars and communication systems, provide insight into foreign adversaries’ capabilities and intentions. This data can help governments gather information about international terrorists and foreign entities.
The global SIGINT market grew from $14.09 billion in 2022 to $14.7 billion in 2023, a 4.4% compound annual growth rate (CAGR). The market is expected to reach $17.93 billion in 2027 at a CAGR of 5.1%. This growth is despite disruptions caused by the Russia-Ukraine war and the COVID-19 pandemic.
The Sigint market research report provides comprehensive data, including market size, regional shares, competitor market share, market segments, trends, and opportunities. Technological advancements, such as cloud and advanced sensors, are key trends in the Sigint market. These technologies offer innovative Sigint systems and a competitive edge in the market.
North America was the largest region in the Sigint market in 2022, with Asia-Pacific expected to be the fastest-growing region. The growing defense budget of major countries is expected to drive the Sigint market’s growth. The market includes revenues earned by entities providing information about a country’s rivals’ activities, capabilities, and intentions. Major players in the Sigint market include BAE Systems, Elbit Systems, General Dynamics, and L3Harris.
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