The global signals intelligence market size is expected to reach USD 20.47 billion by 2032, according to a new study by Polaris Market Research. The report “Signals Intelligence Market Share, Size, Trends, Industry Analysis Report, By Type (ELINT, COMINT, FISINT); By Solutions; By Mobility; By Region; Segment Forecast, 2024 - 2032” gives a detailed insight into current market dynamics and provides analysis on future market growth.
Signal intelligence is in significant demand with the increasing global threats among nations, particularly neighboring countries. The propensity to assist the army in gathering and analyzing tactical information is further driving its adoption in the marketplace. As more countries increase their defense strength and resilience, there will be a significant demand for signal intelligence. For instance, in January 2024, US Air Force researchers announced the industrial need to produce an online signal processing automation machine pertaining to signal intelligence. Air Force Research Laboratory, Rome, New York, introduced the Solutions for Evolving Scenarios project by incorporating signal intelligence to promote data gathering, geolocation monitoring, data import, and quick analysis.
With the increasing availability of signal intelligence systems with superior performance, most nations are showing interest in consuming them in the world market. For instance, in February 2024, the Indian Air Force announced its plan to adopt six mid-air refuellers and three signal intelligence aircraft with an investment of INR 10,000 crore. Furthermore, the ongoing countries' war, specifically between Russia and Ukraine, and Israel and Hamas, is equipping countries with efficient army machinery and communication technology, including signal intelligence, in the global marketplace.
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The ongoing research activities to innovate advanced products with a view to enhancing defense communication networks are facilitating ample growth opportunities for the signal intelligence market. For instance, in 2024, the US Army requested USD 6.6 million for research activities to develop the theater range signal intelligence system, which is capable of handling multi-domain defense operations, safeguarding military forces, and transiting information for army combatant and component commands.
The growing in investments in the defense sector by most countries is likely to create a favorable market position for signal intelligence over the forecast period. For instance, in May 2023, the New Zealand military announced that it had received NZD 5.3 billion as a part of the 2023–24 defense budget, while it had received NZD 4.9 billion in the previous year.
Moreover, the growing collaborative initiatives to produce signal intelligence integrated aircraft are likely to foster market growth over the long run. For instance, in February 2024, India announced plans to manufacture three spy aircraft with signal intelligence and jamming systems after trying to purchase them from abroad.
Signals Intelligence Market Report Highlights
Polaris Market Research has segmented the signals intelligence market report based on type, solutions, mobility, and region:
Signals Intelligence, Type Outlook (Revenue - USD Billion, 2019 - 2032)
Signals Intelligence, Solutions Outlook (Revenue - USD Billion, 2019 - 2032)
Signals Intelligence, Mobility Outlook (Revenue - USD Billion, 2019 - 2032)
Signals Intelligence, Regional Outlook (Revenue - USD Billion, 2019 - 2032)
Report Attributes |
Details |
Market size value in 2024 |
USD 14.87 billion |
Revenue forecast in 2032 |
USD 20.47 billion |
CAGR |
4.1% from 2024 – 2032 |
Base year |
2023 |
Historical data |
2019 – 2022 |
Forecast period |
2024 – 2032 |
Quantitative units |
Revenue in USD billion and CAGR from 2024 to 2032 |
Segments covered |
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Regional scope |
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Competitive Landscape |
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Report Format |
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Customization |
Report customization as per your requirements with respect to countries, region, and segmentation. |
For Specific Research Requirements |