Signals Intelligence Market Size To Reach $24.42 Billion By 2030

Signals Intelligence Market Growth & Trends

The global signals intelligence market size is anticipated to reach USD 24.42 billion by 2030 and is projected to grow at a CAGR of 5.8% from 2024 to 2030, according to a new report by Grand View Research, Inc. The increasing cross border tensions and the advent of natural language processing (NLP) are driving the market’s growth. NLP is making it increasingly efficient to decode the intercepted signals, leading to rising applications in intelligence, surveillance, and reconnaissance (ISR).

The COVID-19 pandemic had a mixed impact on the SIGINT market. The increased demand for situational awareness to track the pandemic's spread, manage resources, and monitor potential threats. Rising cybersecurity concerns, such as the spread of misinformation and cyberattacks, led to the need for SIGINT. Despite this demand, supply chain disruptions had a negative impact on the market growth.

The increase in terrorism globally has posed significant challenges to national and international security apparatus. The utilization of SIGINT in counterterrorism efforts enables authorities to monitor and track the activities of terrorist networks, identify key operatives, uncover their communication networks, and preemptively disrupt their plans. Some of the countries facing terrorism at large are Afghanistan, Nigeria, Yemen, Democratic Republic of Congo, and Ethiopia.

In addition, the evolving regulatory landscape and increasing emphasis on data privacy and compliance are shaping the dynamics of the SIGINT market. Stricter regulations regarding the collection, storage, and usage of intercepted data are driving innovation in SIGINT technologies to ensure compliance while maintaining effectiveness in intelligence operations.

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Signals Intelligence Market Report Highlights

• Based on solutions, the airborne segment led the market with the largest revenue share of 40.3% in 2023 and is expected to retain its position over the forecast period. This can be attributed to the increasing demand for effective communication interception. The cyber segment is expected to witness the fastest CAGR over the forecast period, led by the rising number of cybercrimes and the penetration of digital devices in people's lives

• Based on type, the electronic intelligence (ELINT) segment dominated the market in 2023 and is also expected to grow at a significant CAGR over the forecast period. This can be attributed to the proliferation of advanced electronic warfare systems, unmanned aerial vehicles (UAVs), and other sophisticated military technologies by potential adversaries

• Based on mobility, the portable segment is expected to witness the fastest CAGR during the forecast period, owing to the enhanced maneuverability, enabling operators to quickly reposition and adapt to changing mission requirements or operational environments

• In January 2024, The U.S. Air Force Research Laboratory's Information Directorate issued a broad agency announcement for the Signals Intelligence (SIGINT) Solutions for Evolving Scenarios (SSES) project. This project aims to develop real-time digital signal processing capabilities for cyber security and SIGINT applications within the intelligence community. In addition, this project aims to enhance geolocation, analysis, simulation, tactical information collection, extraction, identification, and reporting to support worldwide signals and network intelligence sources, as well as to provide multi-intelligence & multi-platform support for blue coalition warfighting capabilities and battlespace awareness

Signals Intelligence Market Segmentation

Grand View Research has segmented the global signals intelligence market based on solutions, type, mobility, and region:

Signals Intelligence Solutions Outlook (Revenue, USD Million, 2017 - 2030)

• Airborne

• Ground

• Naval

• Space

• Cyber

Signals Intelligence Type Outlook (Revenue, USD Million, 2017 - 2030)

• Electronic Intelligence (ELINT)

• Communications Intelligence (COMINT)

Signals Intelligence Mobility Outlook (Revenue, USD Million, 2017 - 2030)

• Fixed

• Portable

Signals Intelligence Regional Outlook (Revenue, USD Million, 2017 - 2030)

• North America

  • U.S.

  • Canada

• Europe

  • Germany

  • UK

  • France

  • Italy

  • Spain

• Asia Pacific

  • China

  • Japan

  • India

  • South Korea

  • Australia

• Latin America

  • Brazil

  • Mexico

• Middle East & Africa

  • Saudi Arabia

  • UAE

  • South Africa

List of Key Players in the Signals Intelligence Market

• Lockheed Martin Corporation

• BAE Systems

• Thales

• Northrop Grumman

• L3Harris Technologies

• Raytheon Technologies

• General Dynamics

• HENSOLDT AG

• Elbit Systems

• Saab

• Mercury Systems