Military IoT Market 2020 Size, Development Strategy, Historical Analysis, Emerging Technologies, Opportunity Assessment, Global Key Players and Trends by Forecast 2026
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The Major Players Covered in Military IoT Market
• FLIR Systems Inc.
• Forescout Technologies, Inc.
• AT&T Inc.
• Northrop Grumman Corporation
• Honeywell International Inc.
• BAE Systems
• FreeWave Technologies, Inc.
• Harris Corporation
• IBM Corporation
• Thales Group
• SAP SE
• Lockheed Martin Corporation
The growing use of IoT in BMS for the special operations and the changing nature of the warfare are key drivers for the market growth. The growth of global military IoT market is determined by factors such as increased use of the IoT in BMS for the special operations and the changing nature of warfare. Furthermore, growing adoption of AI in the warfare systems for logistics and transportation, battlefield healthcare, and the data information processing is anticipated to boost growth of market.
Military IoT encompasses use of technologies such as the global positioning systems (GPS) and the satellite communication to deliver real-time information to the military commanders. Real-time data provided by the military IoT systems enables operators to plan the operations and take the optimal decisions. Moreover, these systems offer numerous benefits such as better situational awareness and data on equipment health, permitting users to practise enhanced safety. Though, issues associated with the data management and the threats to cybersecurity may hinder market growth.
In Nov 2018, the FLIR Systems Inc. introduced FLIR TruWITNESS, wearable sensor platform intended for city-level security and the public safety operations. Furthermore, FLIR Systems Inc. was presented cost-plus-fixed-fee five-year contract by U.S. Department of the Defense’s (DTRA) Defense Threat Reduction Agency.
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• To study and analyze the global Military IoT market size by key regions/countries, product type and application, history data from 2013 to 2017, and forecast to 2026.
• To understand the structure of Military IoT market by identifying its various sub segments.
• Focuses on the key global Military IoT players, to define, describe and analyze the value, market share, market competition landscape, swot analysis and development plans in next few years.
• to analyze the Military IoT with respect to individual growth trends, future prospects, and their contribution to the total market.
• To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
• To project the size of Military IoT submarkets, with respect to key regions (along with their respective key countries).
• To analyze competitive developments such as expansions, agreements, new product launches and acquisitions in the market.
• To strategically profile the key players and comprehensively analyze their growth strategies.
Key questions answered in this report
• What will the market size be in 2026 and what will the growth rate be?
• What are the key market trends?
• What is driving this market?
• What are the challenges to market growth?
• Who are the key vendors in this market space?
• What are the market opportunities and threats faced by the key vendors?
• What are the strengths and weaknesses of the key vendors?
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