In 2021, the defense tactical radio market worldwide reached a revenue of 11.7 billion U.S. dollars, and it is expected to experience an upward trend, reaching almost 32.5 billion U.S. dollars in revenue by 2030, as data from Next Move Strategy Consulting shows.
Global revenue of the defense tactical radio market in 2020 and 2021, with a forecast for 2022 to 2030
(in billion U.S. dollars)
* Forecast.
According to the source, a defense tactical radio is an instrument adopted by military and armed- forces, to communicate auditory tactical information, commands, and directions from person to person, majorly in encrypted language, during the conduct of combat.
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Next Move Strategy Consulting. (January 26, 2022). Global revenue of the defense tactical radio market in 2020 and 2021, with a forecast for 2022 to 2030 (in billion U.S. dollars) [Graph]. In Statista. Retrieved November 18, 2024, from https://www.statista.com/statistics/1255861/global-defense-tactical-radio-market-revenue/
Next Move Strategy Consulting. "Global revenue of the defense tactical radio market in 2020 and 2021, with a forecast for 2022 to 2030 (in billion U.S. dollars)." Chart. January 26, 2022. Statista. Accessed November 18, 2024. https://www.statista.com/statistics/1255861/global-defense-tactical-radio-market-revenue/
Next Move Strategy Consulting. (2022). Global revenue of the defense tactical radio market in 2020 and 2021, with a forecast for 2022 to 2030 (in billion U.S. dollars). Statista. Statista Inc.. Accessed: November 18, 2024. https://www.statista.com/statistics/1255861/global-defense-tactical-radio-market-revenue/
Next Move Strategy Consulting. "Global Revenue of The Defense Tactical Radio Market in 2020 and 2021, with a Forecast for 2022 to 2030 (in Billion U.S. Dollars)." Statista, Statista Inc., 26 Jan 2022, https://www.statista.com/statistics/1255861/global-defense-tactical-radio-market-revenue/
Next Move Strategy Consulting, Global revenue of the defense tactical radio market in 2020 and 2021, with a forecast for 2022 to 2030 (in billion U.S. dollars) Statista, https://www.statista.com/statistics/1255861/global-defense-tactical-radio-market-revenue/ (last visited November 18, 2024)
Global revenue of the defense tactical radio market in 2020 and 2021, with a forecast for 2022 to 2030 (in billion U.S. dollars) [Graph], Next Move Strategy Consulting, January 26, 2022. [Online]. Available: https://www.statista.com/statistics/1255861/global-defense-tactical-radio-market-revenue/