DUBLIN--(BUSINESS WIRE)--The "Global Tactical Data Link Market - Technologies, Market share and Industry Forecast to 2024" report has been added to ResearchAndMarkets.com's offering.
The global tactical data link market is expected to rise with the CAGR of about 6.28% during the forecast period 2017-2024.
The growth of market is primarily driven by rising demand for improved interoperability among forces and increased geopolitical tension and security threats. However, stringent military standards and declining defense budgets in some regions are the major factors restraining the growth of global tactical data link market during the forecast period.
Geographically, the global tactical data link market report has been segmented in North America, Asia Pacific, Europe, and Rest of the World. In addition, North America is also expected to grow with the fastest CAGR during the forecast period owing to high defense expenditure and various equipment modernization programs in the region.
The report on the global tactical data link market is segmented on the basis of platform, application and component. Platform of global tactical data link market is further segmented as Air-based, Sea-based, Land-based and Weapon-based. Air-based segment is expected to be the fastest growing segment by platform during the forecast period owing to its ability to provide accurate ranging measurements in real-time. Further, application of global tactical data link market is segmented as Intelligence, Surveillance& Reconnaissance (ISR), Radio Communication, Command and Control and Electronic Warfare. Command and Control segment is expected to be the fastest growing segment by application during the forecast period owing to increasing need to enable military forces to make decisions and control their forces in tactical situations in real-time.
Key Topics Covered:
4.Global Tactical Data Link Market by Platform
5.Global Tactical Data Link Market By Application
6.Global Tactical Data Link Market By Component
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