Global Tactical Data Link Market to Reach $11.2 Billion by 2030
The global market for Tactical Data Link estimated at US$8.2 Billion in the year 2023, is expected to reach US$11.2 Billion by 2030, growing at a CAGR of 4.6% over the analysis period 2023-2030. Air-Based Tactical Data Link, one of the segments analyzed in the report, is expected to record a 5.3% CAGR and reach US$4.9 Billion by the end of the analysis period. Growth in the Sea-Based Tactical Data Link segment is estimated at 4.7% CAGR for the next 7-year period.
The U.S. Market is Estimated at $2.4 Billion, While China is Forecast to Grow at 4.2% CAGR
The Tactical Data Link market in the U.S. is estimated at US$2.4 Billion in the year 2023. China, the world`s second largest economy, is forecast to reach a projected market size of US$2 Billion by the year 2030 trailing a CAGR of 4.2% over the analysis period 2023 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 4.5% and 3.6% respectively over the 2023-2030 period. Within Europe, Germany is forecast to grow at approximately 4.4% CAGR.
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