openPR Logo
Press release

IoT in Aerospace and Defense Market Size - Forecast to 2026

IoT in Aerospace and Defense Market

IoT in Aerospace and Defense Market

According to a new market research report published by Global Market Estimates, the Global IoT in Aerospace and Defense Market is projected to grow from USD 40.94 billion in 2021 to USD 70.55 billion by 2026 at a CAGR value of 11.5% from 2021 to 2026.

The growing need to implement Industry 4.0 technologies (i.e. the trend of automation and data exchange in manufacturing technologies) by transforming mobility, production and sales of products and services of the aerospace industry, and the rising need for data privacy and storage are some of the driving factors supporting the market’s growth throughout the forecast period.

Browse 151 Market Data Tables and 111 Figures spread through 181 Pages and in-depth TOC on “Global IoT in Aerospace and Defense Market - Forecast to 2026” https://www.globalmarketestimates.com/market-report/iot-in-aerospace-and-defence-market-3550

By Component (Hardware, Software, Services), By Application (Real-Time Fleet Management, Training & Simulation, Health Monitoring, Equipment Maintenance, Inventory Management), By Connectivity Technology (Cellular, Wi-Fi, Satellite Communication, Radio Frequency Identification), By End-User (Space Systems, Ground Vehicles, Others), By Region (North America, Asia Pacific, Central & South America, Europe, and the Middle East and Africa), Competitive Landscape Company Market Share Analysis, and Competitor Analysis

Key Market Insights
• These services comprise of consulting, development, data analytics, app management which aim at optimizing and automating the organization's workflows
• The cellular connectivity technology of IoT in aerospace and defence market is expected to have the largest share during the forecast period
• The real time fleet management is expected to hold the largest share of the market during the forecast period
• The ground vehicles segment is expected to hold the largest share of the market
• AT&T Environment, Freewave Technologies, Elbit Systems, Honeywell International, Inc., General Atomics Aeronautical Systems, Prox Dynamics, Northrup Grunman, Textron Systems, Radisys, among others are the key players in the IoT in aerospace and defence market

Browse the Report @ https://www.globalmarketestimates.com/market-report/iot-in-aerospace-and-defence-market-3550

Component Outlook (Revenue, USD Billion, 2021-2026)
• Hardware
• Software
• Services

Application Outlook (Revenue, USD Billion, 2021-2026)
• Real-Time Fleet Management
• Training & Simulation
• Health Monitoring
• Equipment Maintenance
• Inventory Management

Connectivity Technology Outlook (Revenue, USD Billion, 2021-2026)
• Cellular
• Wi-Fi
• Satellite Communication
• Radio Frequency Identification

End-User Outlook (Revenue, USD Billion, 2021-2026)
• Space Systems
• Ground Vehicles
• Others

Regional Outlook (Revenue, USD Billion, 2021-2026)
North America
• The U.S.
• Canada
• Mexico
Europe
• Germany
• UK
• France
• Spain
• Italy
• Rest of Europe
Asia Pacific
• China
• India
• Japan
• South Korea
• Australia
• Rest of APAC
Central & South America
• Brazil
• Argentina
• Rest of CSA
Middle East & Africa
• Saudi Arabia
• UAE
• Rest of MEA

Contact: Yash Jain
Email address: yash.jain@globalmarketestimates.com
Phone Number: +16026667238
Website: https://www.globalmarketestimates.com
Check our Latest Blogs: https://www.globalmarketestimates.com/blog-posts.php

B-502, Kemp Plaza, Mindspace, Malad West, Mumbai: 400 064, India

Global Market Estimates is an India based market research and consulting company. The company provides syndicated research reports, customised research reports and consulting services to their clients and helps them achieve their business goals on a commercial level. Global Market Estimates database is used by the world's well known and prolific academic institutions and Fortune 500 companies to understand the global and regional business environment to excel in their business goals.

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release IoT in Aerospace and Defense Market Size - Forecast to 2026 here

News-ID: 2404449 • Views:

More Releases from Global Market Estimates Research & Consultants

Global Market Estimates Hosts Exclusive Webinar on Future Trends in Quick Commerce
Global Market Estimates Hosts Exclusive Webinar on Future Trends in Quick Commer …
Gain Strategic Insights and a Comprehensive Report on August 1st Global Market Estimates (GME) is excited to announce an exclusive webinar, "Future Trends in the Global Quick Commerce Market: Forecasts to 2029," scheduled for August 1, 2024, at 11am EST. This insightful session will feature Mr. Yash Jain, Director - Global Accounts & Strategic Advisory. For a registration fee of USD 499, attendees will receive a comprehensive report valued at USD 5,450,
Global Flare Monitoring Market Size & Trends
Global Flare Monitoring Market Size & Trends
According to a new market research report published by Global Market Estimates, the global flare monitoring market is expected to grow at a CAGR of 6.5% from 2024 to 2029. Global flare monitoring market growth is driven by factors such as safety and risk management and growing emphasis on reduction of emissions. Unlock the Executive Summary of the report at only USD 249. Book a call now: https://tidycal.com/yashsushiljain/unlock-strategic-insights-press-release Key Market Insights • As per
Global Fiber Optic Component System Market Size & Trends
Global Fiber Optic Component System Market Size & Trends
According to a new market research report published by Global Market Estimates, the global fiber optic component system market is expected to grow at a CAGR of 8.46 % from 2024 to 2029. Global fiber optic component system market growth is driven by factors such as growing demand for safety regulations and technological developments. Unlock the Executive Summary of the report at only USD 249. Book a call now: https://tidycal.com/yashsushiljain/unlock-strategic-insights-press-release Key Market
Global Rechargeable Battery Market Size & Trends
Global Rechargeable Battery Market Size & Trends
According to a new market research report published by Global Market Estimates, the global rechargeable battery market is expected to grow at a CAGR of 15.4% from 2024 to 2029. Rechargeable batteries have been growing in popularity due to their inherent superiority over disposable batteries in environmental pollution. As rechargeable batteries can be recharged after every use, they cause much lower environmental degradation as compared to disposable batteries, which are discarded

All 5 Releases


More Releases for IoT

IOT Adoption Drives IoT insurance Market Growth: Pivotal Factor Influencing IoT …
Stay ahead with our updated market reports featuring the latest on tariffs, trade flows, and supply chain transformations. IoT Insurance Market Size Growth Forecast: What to Expect by 2025? The market size of Internet of Things (IoT) insurance has seen an explosive growth in the past few years. It is projected to rise from $100.02 billion in 2024 to a staggering $153.89 billion in 2025, experiencing a compound annual growth rate (CAGR)
Narrowband IoT (NB-IoT) Market Advancements in NB-IoT Connectivity Management Pl …
Numerous factor such as due to rapid development in IoT industry and rising demand of new cellular communication technology which are integrated to IoT low power wide area applications drives the growth of the market globally. moreover, increasing demand for navigation, telematics and in-car infotainment services in automotive & transportation industry is fueling the market of NB-IoT globally. However, licensing costs of NB-IoT are hindering the growth of narrowband-
IoT Edge Computing Software Market 2023 | SAS, IBM, EdgeIQ, AWS, Azure IoT Edge, …
Market Overview - The information made available in the IoT Edge Computing Software report will definitely facilitate to increase the knowledge and decision-making skills of the business, thus providing an immense opportunity for growth. This will at last increase the return rate and drive the competitive edge within. Being a custom market report, it provides services tailored to the exact challenge. Whether it is survey work, in-depth interviewing, or
IoT Cloud Market Next Big Thing | Major Giants Oracle, AWS IOT, IBM Watson IoT, …
COVID-19 Outbreak-Global IoT Cloud Industry Market Report-Development Trends, Threats, Opportunities and Competitive Landscape in 2020 is latest research study released by HTF MI evaluating the market, highlighting opportunities, risk side analysis, and leveraged with strategic and tactical decision-making support. The study provides information on market trends and development, drivers, capacities, technologies, and on the changing investment structure of the COVID-19 Outbreak-Global IoT Cloud Market. Some of the key players profiled
Narrowband IoT (NB-IoT) Market Future Adoption Overview 2025
The report titled "Global Narrowband IoT (NB-IoT) Market Size, Status and Forecast 2025, Trends, Share, Size Research Report " offers a primary impression of the Narrowband IoT (NB-IoT) industry covering different product Scope, Characterizations, Classifications, Objectives, and Participants in the industry chain structure. This report profiles major 15 topmost manufactures operating like ( Vodafone, China Unicom, China Telecom, AT&T, Etisalat, Telstra, Orange, Telefonica, SK Telecom, Deutsche Telekom  -  for complete manufactures list, please
Blockchain In IOT Market Business Growth Statistics And Key Players Insights Blo …
Research N Report has released a new report on the “global Blockchain in IOT Market”. This report offers a comprehensive evaluation of the market. It does so via in-depth insights, understanding market evolution by tracking historical developments, and analyzing the present scenario and future projections based on optimistic and likely scenarios. Each research report serves as a repository of analysis and information for every side of the market. "Blockchain in Internet