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Military Software Market Expected to Witness a Sustainable Growth by 2027 : Allied Market Research

06-07-2021 12:38 PM CET | IT, New Media & Software

Press release from: Allied Market Research

Military Software Market

Military Software Market

Military Software Market Outlook - 2027

Defense forces from different countries across the globe are using various software into weapons and other systems used on land, naval, airborne, and space platforms. Using software in systems based on these platforms has enabled the development of efficient warfare systems, which are less prone to human error.

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It has also led to increased synergy and enhanced performance of warfare systems while requiring less maintenance. These military software are being used for many purposes such as cyber security, logistic & transportation, target recognition, and battlefield healthcare.

COVID-19 scenario analysis

The global market for military software is severely impacted by the outbreak of the COVID-19 pandemic.

The COVID-19 pandemic saw a decline in the economic growth in almost all the major countries, thus affecting consumer spending patterns.

Owing to the lockdown implemented across various countries, national and international transport have been hampered, which has significantly impacted the supply chain of numerous industries across the globe, thereby increasing the supply–demand gap.

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Thus, insufficiency in raw material supply is expected to hamper the production rate of military software, which negatively impact the market growth.

However, this situation is expected to improve as government has started relaxing norms around the world for resuming business activities.

Top impacting factors: market scenario analysis, trends, drivers, and impact analysis

Highly integrated system
Adoption of military software systems provides high integration between control devices, sensors, and communication devices. This is one of the major driving point for Military software systems market.

In addition, emerging technologies like Internet of things (IOT), artificial intelligence (AI) and their adoption in Military software systems has made battlefield communication much speedier and clear than ever before.

Even a minor technical glitch or a cyber-attack in any part of the software system can lead to failure of whole Military software systems is the main restraint factor for Military software systems market.

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Military Software Market trends are as follows:

Virtual software factory
Raytheon has developed a virtual software factory to accelerate the development of military software in order to help build counter-threat capabilities for the armed forces. The software factory consists of a mix of physical coding spaces, Cloud-based tools, and software experts. It will seek to quickly provide new capabilities to the military.

The virtual software factory was developed in response to calls by military leaders for a change in how software is developed by following the approach used by the consumer technology industry. The factory will allow it to adopt modern software development methods, such as Agile and DevOps, across the company’s programs.

One of the key tools offered by the virtual factory includes a Cloud-based toolset known as ‘pipeline-in-a-box’.

Military software use for defense platforms
Thales has signed a contract with the French ministry for the Armed Forces “Defense Platform” project. This project, which serves all of the ministry’s users (military, civilian defense, and affiliated personnel), enables the design, development in “agile mode” and the immediate production release of data-driven applications for new use cases, as well as their secure storage and exchange.

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About Us

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Allied Market Research CEO Pawan Kumar is instrumental in inspiring and encouraging everyone associated with the company to maintain high quality of data and help clients in every way possible to achieve success. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

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