Tactical Radios Market Size

Tactical Radios Market size is expected to cross USD 165 Billion by the end of 2036, expanding around 13% CAGR during the forecast period i.e., 2024-2036. In the year 2023, the industry size of tactical radios was over USD 13 billion. Mobile command systems have become increasingly necessary in recent years to allow armies to operate in difficult and distant areas. Various market players are meeting to supply better command systems for wars and battles across the globe. The Swiss Armed Forces and Elbit Systems inked a three-year, USD 15 million contract in April 2020 for the delivery of command and control systems for the Swiss Armed Forces' Tactical Reconnaissance System (TASYS).  

Numerous technological advancements are being made in the defense sector, and providers of military communication solutions are concentrating on offering interconnected military systems. The defense sector is increasingly utilizing sensors and smart devices, which presents growth chances for the tactical radios market. The market for tactical radios is expanding as a result of recent breakthroughs in information and communication technology, which are also bringing about profoundly revolutionary changes in many defense industries.