Signals Intelligence Market by Type (Communications Intelligence, Electronic Intelligence, Foreign Instrumentation Signals Intelligence), Solutions (Airborne, Cyber, Ground), Application - Global Forecast 2024-2030
The Signals Intelligence Market size was estimated at USD 14.34 billion in 2023 and expected to reach USD 15.29 billion in 2024, at a CAGR 6.87% to reach USD 22.85 billion by 2030.
Signals intelligence is a collection and analysis of intelligence obtained from electronic signals and systems, which comprise massage or data, and it is often performed by military or intelligence agency personnel. The main purpose of signals intelligence is to learn about the threats, capabilities, actions, and intentions of a nation's adversaries. Increasing national threat activities create requirements for an advanced intelligence system. Additionally, rising budgets from the major countries in the defense sector and the growing use of signals intelligence systems for unmanned aircraft are driving market growth. Moreover, high deployment costs and technology associated with the signals intelligence system may limit the market growth. Furthermore, increased funding & investments toward the technological advancements of signals intelligence systems and solutions are expected to create a lucrative opportunity for signals intelligence market.
Regional Insights
The signals intelligence market in the Americas is rapidly developing owing to the ongoing advancements in military infrastructures, supportive government investments for the modernization of the military sector, and the presence of various government and regulatory agencies that conduct SIGINT operations. The ever-increasing military spending in the region to strengthen the military sector is expected to expand the deployment of SIGINT across the Americas. The heavy military expenditures, ongoing geopolitical tensions, and deployment of signals intelligence for unmanned aerial vehicles have expanded the scope for signals intelligence in the EMEA region. As per the Stockholm International Peace Research Institute (SIPRI), military expenditure by Central and Western European states totaled USD 345 billion in 2022. In addition, the rising investments in the modernization of military infrastructures among emerging Asian economies with the growing adoption of SIGINT solutions, technologies, and services are expected to create growth opportunities for the signals intelligence market in the coming years.
Market Insights
- Market Dynamics
The market dynamics represent an ever-changing landscape of the Signals Intelligence Market by providing actionable insights into factors, including supply and demand levels. Accounting for these factors helps design strategies, make investments, and formulate developments to capitalize on future opportunities. In addition, these factors assist in avoiding potential pitfalls related to political, geographical, technical, social, and economic conditions, highlighting consumer behaviors and influencing manufacturing costs and purchasing decisions.- Market Drivers
- Significant instances of national threats activities create requirement for advanced intelligence system
- Rising defense budgets of major countries across the globe
- Increasing use of signals intelligence system for unmanned aircraft
- Market Restraints
- High deployment cost involved in signals intelligence system
- Market Opportunities
- Technological advancements in signals intelligence solutions and systems
- Increased funding and investments toward the development of signals intelligence systems
- Market Challenges
- Technical issues associated with signal intelligence
- Market Segmentation Analysis
- Type: Increasing application of communication intelligence in national security to uncover intentions, capabilities, and activities of interest
- Application: High proliferation in defense & space for tactical and strategic operations
- Market Disruption Analysis
- Porter’s Five Forces Analysis
- Value Chain & Critical Path Analysis
- Pricing Analysis
- Technology Analysis
- Patent Analysis
- Trade Analysis
- Regulatory Framework Analysis
The FPNV positioning matrix is essential in evaluating the market positioning of the vendors in the Signals Intelligence Market. This matrix offers a comprehensive assessment of vendors, examining critical metrics related to business strategy and product satisfaction. This in-depth assessment empowers users to make well-informed decisions aligned with their requirements. Based on the evaluation, the vendors are then categorized into four distinct quadrants representing varying levels of success, namely Forefront (F), Pathfinder (P), Niche (N), or Vital (V).
Market Share Analysis
The market share analysis is a comprehensive tool that provides an insightful and in-depth assessment of the current state of vendors in the Signals Intelligence Market. By meticulously comparing and analyzing vendor contributions, companies are offered a greater understanding of their performance and the challenges they face when competing for market share. These contributions include overall revenue, customer base, and other vital metrics. Additionally, this analysis provides valuable insights into the competitive nature of the sector, including factors such as accumulation, fragmentation dominance, and amalgamation traits observed over the base year period studied. With these illustrative details, vendors can make more informed decisions and devise effective strategies to gain a competitive edge in the market.
Recent Developments- HENSOLDT announces cutting-edge signal intelligence software at AOC Europe
HENSOLDT, a provider of signal intelligence (SIGINT) solutions and services, announced the launch of their new SIGINT software called Signal Master at AOC Europe. The software is designed to provide a comprehensive picture of electromagnetic activity with precise analysis and classification capabilities. The software can simultaneously identify multiple signals from one source, enabling faster tactical decision-making in an ever-changing electronic environment. Signal Master is advantageous for military operations given its advanced signal recognition capabilities and higher accuracy than existing methods.
Israel Aerospace Industries Awarded USD 100 Million Contract to Provide Airborne SIGINT Solutions to an International Customer
Israel Aerospace Industries (IAI) was awarded a USD 100 million contract to provide advanced airborne intelligence systems to enhance the signals intelligence capabilities of an unnamed international customer. IAI's technology, developed through decades of experience in the defense and aerospace industries, is expected to deliver the highest quality and performance, helping to ensure that this customer's mission-critical data collection and analysis are successful. This award further demonstrates IAI's commitment to providing innovative solutions for customers worldwide.
Elbit Systems Awarded USD 100 Million Contract to Supply Intelligence and EW Aircraft
Elbit Systems awarded a USD 100 million contract to supply airborne intelligence and electronic warfare (EW) systems. This new contract ensures that the company continues to deliver the latest technologies in EW and signals intelligence for airborne applications for the years to come. This solution can provide a comprehensive operational picture of the arena generated by SIGINT and Electro-Optics VISINT sensors and systems.
The strategic analysis is essential for organizations seeking a solid foothold in the global marketplace. Companies are better positioned to make informed decisions that align with their long-term aspirations by thoroughly evaluating their current standing in the Signals Intelligence Market. This critical assessment involves a thorough analysis of the organization’s resources, capabilities, and overall performance to identify its core strengths and areas for improvement.
Key Company Profiles
The report delves into recent significant developments in the Signals Intelligence Market, highlighting leading vendors and their innovative profiles. These include Airbus SAS, Aurora Insight, Inc. by Maxar Technologies Inc., Avantix SAS, BAE Systems PLC, CACI International Inc., Cobham Limited, CRFS Limited, Elbit Systems Ltd., GE Aerospace, General Dynamics Corporation, Hensoldt AG, Hindustan Aeronautics Limited, Indra Sistemas, S.A., Israel Aerospace Industries, KBR, Inc., L3Harris Technologies, Inc., Leidos Holdings, Inc., Leonardo S.p.A., Lockheed Martin Corporation, MAG Aerospace, Mercury Systems, Inc., National Instruments Corporation, Northrop Grumman Corporation, QinetiQ Group, Rafael Advanced Defense Systems Ltd., Raytheon Technologies Corporation, Rheinmetall AG, Rohde & Schwarz GmbH & Co KG, Rolta India Limited, Saab AB, Safran S.A., Sierra Nevada Corporation, SigintOS, Systematic A/S, Textron Inc., Thales Group, The Boeing Company, and thinkRF Corp..
Market Segmentation & Coverage
This research report categorizes the Signals Intelligence Market to forecast the revenues and analyze trends in each of the following sub-markets:- Type
- Communications Intelligence
- Electronic Intelligence
- Foreign Instrumentation Signals Intelligence
- Solutions
- Airborne
- Fighter Jets
- Special Mission Aircrafts
- Transport Aircrafts
- Unmanned Aerial Vehicles
- Cyber
- Ground
- Base Station
- Soldiers
- Vehicle-Mounted
- Naval
- Ships
- Submarines
- Unmanned Surface Vehicles
- Space
- Application
- Commercial
- Defense & Space
- National Security
- Region
- Americas
- Argentina
- Brazil
- Canada
- Mexico
- United States
- California
- Florida
- Illinois
- New York
- Ohio
- Pennsylvania
- Texas
- Asia-Pacific
- Australia
- China
- India
- Indonesia
- Japan
- Malaysia
- Philippines
- Singapore
- South Korea
- Taiwan
- Thailand
- Vietnam
- Europe, Middle East & Africa
- Denmark
- Egypt
- Finland
- France
- Germany
- Israel
- Italy
- Netherlands
- Nigeria
- Norway
- Poland
- Qatar
- Russia
- Saudi Arabia
- South Africa
- Spain
- Sweden
- Switzerland
- Turkey
- United Arab Emirates
- United Kingdom
Please Note: PDF & Excel + Online Access - 1 Year
- Americas
- Airborne
- Market Drivers
- 1. Preface
- 1.1. Objectives of the Study
- 1.2. Market Segmentation & Coverage
- 1.3. Years Considered for the Study
- 1.4. Currency & Pricing
- 1.5. Language
- 1.6. Stakeholders
- 2. Research Methodology
- 2.1. Define: Research Objective
- 2.2. Determine: Research Design
- 2.3. Prepare: Research Instrument
- 2.4. Collect: Data Source
- 2.5. Analyze: Data Interpretation
- 2.6. Formulate: Data Verification
- 2.7. Publish: Research Report
- 2.8. Repeat: Report Update
- 3. Executive Summary
- 4. Market Overview
- 5. Market Insights
- 5.1. Market Dynamics
- 5.1.1. Drivers
- 5.1.1.1. Significant instances of national threats activities create requirement for advanced intelligence system
- 5.1.1.2. Rising defense budgets of major countries across the globe
- 5.1.1.3. Increasing use of signals intelligence system for unmanned aircraft
- 5.1.2. Restraints
- 5.1.2.1. High deployment cost involved in signals intelligence system
- 5.1.3. Opportunities
- 5.1.3.1. Technological advancements in signals intelligence solutions and systems
- 5.1.3.2. Increased funding and investments toward the development of signals intelligence systems
- 5.1.4. Challenges
- 5.1.4.1. Technical issues associated with signal intelligence
- 5.2. Market Segmentation Analysis
- 5.2.1. Type: Increasing application of communication intelligence in national security to uncover intentions, capabilities, and activities of interest
- 5.2.2. Application: High proliferation in defense & space for tactical and strategic operations
- 5.3. Market Trend Analysis
- 5.3.1. Presence of regulatory agencies that conduct SIGINT operations with the increasing introduction of advanced signals intelligence software in Americas
- 5.3.2. Growing military expenditure for the deployment of enhanced and reliable cybersecurity solutions is expanding the scope for SIGINT solutions in the APAC region
- 5.3.3. Burden of geopolitical tensions and ongoing investment in the modernization of the military sector creating a need for SIGINT in the EMEA region
- 5.4. Cumulative Impact of Russia-Ukraine Conflict
- 5.5. Cumulative Impact of High Inflation
- 5.6. Porter’s Five Forces Analysis
- 5.6.1. Threat of New Entrants
- 5.6.2. Threat of Substitutes
- 5.6.3. Bargaining Power of Customers
- 5.6.4. Bargaining Power of Suppliers
- 5.6.5. Industry Rivalry
- 5.7. Value Chain & Critical Path Analysis
- 5.8. Regulatory Framework Analysis
- 5.9. Client Customization
- 6. Signals Intelligence Market, by Type
- 6.1. Introduction
- 6.2. Communications Intelligence
- 6.3. Electronic Intelligence
- 6.4. Foreign Instrumentation Signals Intelligence
- 7. Signals Intelligence Market, by Solutions
- 7.1. Introduction
- 7.2. Airborne
- 7.3. Cyber
- 7.4. Ground
- 7.5. Naval
- 7.6. Space
- 8. Signals Intelligence Market, by Application
- 8.1. Introduction
- 8.2. Commercial
- 8.3. Defense & Space
- 8.4. National Security
- 9. Americas Signals Intelligence Market
- 9.1. Introduction
- 9.2. Argentina
- 9.3. Brazil
- 9.4. Canada
- 9.5. Mexico
- 9.6. United States
- 10. Asia-Pacific Signals Intelligence Market
- 10.1. Introduction
- 10.2. Australia
- 10.3. China
- 10.4. India
- 10.5. Indonesia
- 10.6. Japan
- 10.7. Malaysia
- 10.8. Philippines
- 10.9. Singapore
- 10.10. South Korea
- 10.11. Taiwan
- 10.12. Thailand
- 10.13. Vietnam
- 11. Europe, Middle East & Africa Signals Intelligence Market
- 11.1. Introduction
- 11.2. Denmark
- 11.3. Egypt
- 11.4. Finland
- 11.5. France
- 11.6. Germany
- 11.7. Israel
- 11.8. Italy
- 11.9. Netherlands
- 11.10. Nigeria
- 11.11. Norway
- 11.12. Poland
- 11.13. Qatar
- 11.14. Russia
- 11.15. Saudi Arabia
- 11.16. South Africa
- 11.17. Spain
- 11.18. Sweden
- 11.19. Switzerland
- 11.20. Turkey
- 11.21. United Arab Emirates
- 11.22. United Kingdom
- 12. Competitive Landscape
- 12.1. Market Share Analysis, 2023
- 12.2. FPNV Positioning Matrix, 2023
- 12.3. Competitive Scenario Analysis
- 12.3.1. HENSOLDT announces cutting-edge signal intelligence software at AOC Europe
- 12.3.2. Israel Aerospace Industries Awarded USD 100 Million Contract to Provide Airborne SIGINT Solutions to an International Customer
- 12.3.3. Elbit Systems Awarded USD 100 Million Contract to Supply Intelligence and EW Aircraft
- 12.3.4. Army Taps Lockheed to Supply Terrestrial Layer System Vehicles for Electronic Warfare
- 12.3.5. IAI wins contract for airborne SIGINT solutions from international customer
- 12.3.6. Altamira acquires signals intelligence company
- 12.3.7. Indra develops the electronic intelligence systems of the future for the Spanish Navy
- 12.3.8. Tactical SIGINT, radio technology to be tested on satellite under CACI, U.S. Army agreement
- 12.3.9. The U.S. Army SIGINT and EW systems nab USD 482 million contract for General Dynamics
- 12.3.10. HENSOLDT develops SIGINT pod demonstrator for Eurodrone
- 13. Competitive Portfolio
- 13.1. Key Company Profiles
- 13.2. Key Product Portfolio
Research Assistance
Download our eBook: How to Succeed Using Market Research
Learn how to effectively navigate the market research process to help guide your organization on the journey to success.
Download eBook