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Mission Management System Market Poised For Disruptive And Explosive Growth | Lockheed Martin, Neya Systems, Saab Group, Northrop Grumman

06-11-2021 02:47 PM CET | IT, New Media & Software

Press release from: Allied Market Research

Mission Management System Market

Mission Management System Market

Mission Management System Market Outlook - 2027

A mission management system is a computer system that performs various functions such as handling of large amounts of field data, autonomous targeting, surveillance & tracking, defense, cyber safety, cyber-warfare, and other significant military functions. It is commonly used in fighter aircraft, helicopters, and military fighting vehicles, due to its high performance. Some of the world's developing economies are integrating Artificial Intelligence into the military to promote stability and defense. It enhances law enforcement, emergency, rescue and safety preparation, and execution by improving operators' situational awareness through a simple visual map of the mission’s scene.

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COVID-19 Scenario Analysis:

Big spenders on defense such as the U.S, Russia devote approximately 4% of their GDP to defense, a substantial amount.

Also, to safeguard the national borders, real-time information is required. The introduction of the mission management system, therefore, helps to compensate for the need for information, surveillance, and recognition (ISR) capabilities even in these pandemic situations.

Solutions such as Artificial Intelligence (AI), Virtual Reality (VR), and Augmented Reality (AR) are expected to contribute significantly when adapting to the COVID-19 pandemic and addressing constantly changing challenges.

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Defense has a comprehensive surveillance network in tandem with highly trained pilots and these facilities can be placed at the disposal of local authorities to track the situation of law and order related to national security during such pandemic situations.

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

The increased demand for enhanced military equipment is key to the growth of the global mission management system. Also, defense spending and demand for autonomous army vehicles and UAV control systems is rising due to the increased war threats. Besides, mission management systems allow soldiers to analyze data and to build successful combat strategies. Also, factors such as continued growth of electromagnetic spectrum and rising transnational conflicts are driving the worldwide market growth. Furthermore, it is necessary to have real-time information to protect the national borders 24 hours a day. However, some factors limit market growth, such as the platforms that are not suited for handling multiple threats. Therefore, the program won't be successful in times of massive unrest. Besides, the cost of introducing the program is high and is currently serving as a market constraint.Also, the absence of structured data could hamper market growth.

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The global mission management system market trends are as follows:

New product launches to flourish the market

L3Harris announced in 2020 that it is building a new platform to help military analysts classify objects in large imaging data sets using artificial intelligence, helps in analysis during missions.In 2019, the U.S. Air Forces Research Laboratory (AFRL), in collaboration with IBM and DARPA is working to develop neuromorphic computing systems aimed at improving processing capacity by using artificial intelligence (AI) and machine learning (ML) to improve wartime decision-making, later to be integrated into mission management systems.

Increased mission management system application and rising automation in the cyber domain

These systems are getting preference in various military forces be it the Navy, Army, Airforce, Marines, Homeland security, owing to its use in various covert operations and ever-increasing territorial and border disputes. Growing applications and the advancement of artificial intelligence, big data analytics and its integration with traditional armaments, the mission management system provides required assistance for creating the digital scene; thereby, helpful in forming various strategies and wartime decision-making. These systems work in association with autonomous weapons and can acquire, classify, and pick-up targets efficiently, allowing them to target field fighting vehicles, providing visual support via the graphical user interface for easy analysis. Besides, the growing automation of cyber defense systems that are getting integrated into mission management systems will help mitigate vulnerabilities. The network architecture;thereby, will prevent and respond to potentially dangerous cyberattacks.

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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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