Sep 14, 2022   SOURCE: BusinessWire

Global C4ISR Market Report to 2027 - Industry Size, Share, Trends, Opportunities and Forecasts - ResearchAndMarkets.com

The "C4ISR Market 2017-2027 Segmented By Component, By Platform, By End User, By Application, and By Region" report has been added to ResearchAndMarkets.com's offering.

The global C4ISR market is anticipated to grow at a steady CAGR during the forecast period, 2023-2027.

Companies Mentioned

  • Northrop Grumman Corporation
  • Lockheed Martin Corporation
  • BAE Systems PLC
  • General Dynamics Corporation
  • SAAB AB
  • L3 Technologies Inc.
  • Rockwell Collins Inc.
  • Harris Corporation
  • CACI International Inc.
  • Elbit Systems Ltd.

Factors such as the surge in demand for asymmetric warfare and growing terrorism activities are expected to drive the demand for advanced technologies and equipment to support the defense sector.

Governments of different countries are increasing their spending on the defense sector to meet the requirements of the current scenario. Terrorism threats are increasing worldwide, which is increasing the importance of advanced technologies and equipment in the defense sector.

Hence, leading authorities are adopting counterterrorism measures to prepare the state for war or combat. C4ISR systems provide the information as early as possible, allowing leading authorities to make informed decisions that ensure better results. These systems process and collect information through computers, sensors, and communication systems across land, air, space, and naval platforms, and then analyze and deliver the information to the concerned authorities. Therefore, a continuous increase in the defense budget allocation by the government is expected to boost the growth of the global C4ISR market over the next five years.

The global C4ISR market is segmented into component, platform, end user, application, regional distribution, and competitive landscape. Based on the component, the market is divided into hardware and software. The hardware segment is expected to hold the highest market share during the forecast period, 2023-2027. Introduction of next-generation intelligence systems and deployment of 5G technology for faster wireless data transfer are expected to drive the demand for advanced hardware components.

For the market players in hardware manufacturing, the development of wired communication systems for undersea and subterranean military applications as well as portable and rugged devices is anticipated to open up attractive opportunities for the market players.

Years considered for this report:

  • Historical Years: 2017-2020
  • Base Year: 2021
  • Estimated Year: 2022
  • Forecast Period: 2023-2027

Objective of the Study:

  • To analyze the historical growth in the market size of the global C4ISR from 2017 to 2021.
  • To estimate and forecast the market size of global C4ISR market from 2023 to 2027 and growth rate until 2027.
  • To classify and forecast the global C4ISR market based on component, platform, application, end user, region, and company.
  • To identify the dominant region or segment in the global C4ISR market.
  • To identify drivers and challenges for the global C4ISR market.
  • To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in the global C4ISR market.
  • To identify and analyze the profiles of leading players operating in the global C4ISR market.
  • To identify key sustainable strategies adopted by market players in global C4ISR market.

Report Scope:

In this report, global C4ISR market has been segmented into following categories, in addition to the industry trends which have also been detailed below:

C4ISR Market, By Component:

  • Hardware
  • Software

C4ISR Market, By Platform:

  • Airborne
  • Land
  • Naval
  • Space

C4ISR Market, By End User:

  • Defense & Space
  • Homeland Security
  • Commercial

C4ISR Market, By Application:

  • Command & Control
  • Communications
  • Computers
  • Intelligence, Surveillance & Reconnaissance
  • Electronic Warfare

C4ISR Market, By Region:

  • North America
  • United States
  • Canada
  • Mexico
  • Asia-Pacific
  • China
  • India
  • Japan
  • Thailand
  • Indonesia
  • Australia
  • South Korea
  • Europe & CIS
  • Germany
  • France
  • United Kingdom
  • Spain
  • Italy
  • Netherlands
  • Russia
  • Poland
  • South America
  • Brazil
  • Argentina
  • Middle East & Africa
  • Saudi Arabia
  • Iran
  • Israel
  • UAE
  • Turkey

For more information about this report visit https://www.researchandmarkets.com/r/jnrf12