IoT in Defense Market Size, Growth, Trends, and Forecast 2019-2027 / AeroVironment, Inc., Textron Systems, AT & T
In order to give the users of this report a comprehensive view of the IoT in Defense market, we have included a competitive landscape and an analysis of Porter’s Five Forces model for the market. The study encompasses a market attractiveness analysis, wherein all the segments are bench marked based on their market size, growth rate, and general attractiveness.
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The report provides company market share analysis to give a broader overview of the key players in the market. In addition, the report also covers key strategic developments of the market including acquisitions & mergers, new product & service launches, agreements, partnerships, collaborations & joint ventures, research & development, and regional expansion of major participants involved in the market on a global and regional basis.
The study provides a decisive view of the IoT in Defense market by segmenting the market based on the component, deployment type, connectivity technology, application type, and regions. All the segments have been analyzed based on present and future trends and the market is estimated from 2019 to 2027. The regional segmentation includes the current and forecast demand for North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa.
IoT systems help in making the soldier alert through providing of heath & monitoring services. It enables proficient and end-to-end soldier health systems. Apart from this, large-scale acceptance of IoT not only helps in monitoring the health of the soldier but also provides an alarming signal to the base camp clinics in order to keep them informed about the health of the defense personnel like soldiers or army persons. All these factors are likely to contribute notably towards the IoT in defense market surge during the forecast period.
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Based on the component, the market is divided into Hardware, Services, and Software. In terms of deployment type, the industry is classified into On-Premise and Cloud. On the basis of connectivity technology, the market is divided into Wi-Fi, Radio Frequency Identification (RFID), Satellite Communication, and Cellular. On the basis of application type, the IoT in defense market is classified into Real Time Fleet Management (RTFM), Equipment Maintenance, Training & Simulation, Inventory Management, and Health Monitoring.
Some of the major players in the business include AeroVironment, Inc., Textron Systems, AT & T, Elbit Systems, Thales Group, Radisys, Freewave Technologies, SAP SE, Honeywell International, Inc., Northrup Grunman, Prox Dynamics, and Wind River Systems.
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