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NATO C5ISR Market Demand, Size, Share, Scope & Forecast To 2030

09-21-2022 11:33 AM CET | Media & Telecommunications

Press release from: We Market Research

NATO C5ISR Market

NATO C5ISR Market

The Global NATO C5ISR Market is valued at USD 73.08 billion in 2022 and is projected to reach a value of USD 112.02 billion in 2030 expanding at a CAGR of 6.13% over the forecast period of 2022-2030.

Global NATO C5ISR Market- Overview

The C5ISR is defined as command, control, computers, communication, cyber, intelligence, surveillance, and reconnaissance. It is generally an extended overall command and control (C2) framework, which exercises authority, situational awareness, secure encrypted communication, as well as military directives.

These are designed by designated military commanders to assigned forces for the mission accomplishments. It also assists in the real-time integration combat management as well as battlefield management systems for the army and the navy.

C5ISR has also helped in the integration of fire control radar and system, weapon system, encrypted communication, and various other network-centric warfare applications.

Adoption of unmanned vehicles that includes, UAV, UGV, and others in the military applications have increased because of advanced technology and high investments from governments worldwide.

Key Market Trends

Every market has its growth determinants and challenges. One of the major factor that has fuelled the market growth over the forecast period is the rising cross border conflicts among different countries.

This is because different parts of the world have witnessed the border disputes because of disagreement over land possession or the control of the area between two or more states. Also, there has been a lot of spending as they purchase command, control, computers, communication, cyber, intelligence, surveillance, and reconnaissance in order to enhance situation awareness by modernizing the patrolling of the border areas.

Additionally, the recent Russia-Ukraine crisis had a positive impact on the market growth. This is because the crisis had positively impacted the NATO C5ISR market in 2022. This is because the war increased the defence expenditure as well as strengthened the defence forces from NATO countries.

On the flip side, the COVID-19 pandemic had a negative impact on the market growth over the period. This is because the high cost of developing the C5ISR was a major factor hampering the market growth. Also, the high cost of installation as well as maintenance cost of the system acted as major restrain to the market growth over the forecast period.

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Segmental analysis of the market
Based on type
• Land
• Naval
• Airborne
• Space

The land segment has dominated the market growth over the forecast period. This is because of rising adoption of autonomous military vehicles in the region.
Based on Application
• Electronic warfare
• ISR
• Weapon system
• Theatre command and control
• Information security and assurance
• Computing

The theatre command and control segment has dominated the market growth over the forecast period. This is because of the expansion of strategic critical infrastructure and infusion of naval and air assets in response to theatre operational requirements.

Based on solutions
• Hardware
• Software
• Services

The software segment has dominated the market growth over the forecast period. This is because of rising investments in the new-generation technologies.

NATO is anticipated to amplify at a considerable CAGR

The Global NATO C5ISR Market is segmented into U.S., and NATO. Between both, NATO has dominated the market growth over the forecast period. The major NATO countries include, the U.K., Germany, France, Spain, Italy, Poland, Turkey, Canada, and the rest of the NATO. The expansion of the market is because of the high scope in NATO.

Competitive Landscape

Some of the prominent companies operating in the market are
• Airbus
• BAE Systems
• Cubic Corporation
• Elbit Systems Ltd.
• General Dynamics Corporation
• L3Haeeis Technologies
• Leonardo S.p.A.
• Lockheed Martin Corporation
• Northrop Grumman Corporation
• Thales Group

Major questions answered in this report

• What is the growth rate of the Global NATO C5ISR Market?
• What are the primary growth determinants of the market?
• Which are the major regions constituting the geographical landscape of the market?
• Which are the prominent companies operating in the market?

Key takeaways from the report

• The Global NATO C5ISR Market is projected to expand at a CAGR of 6.13% over the forecast period
• The rising cross border conflicts among different countries is aiding market progression.
• The software segment is poised to expand significantly over the forecast period.
• NATO has dominated the regional market sphere over the forecast period.

Get more details on this report:- https://wemarketresearch.com/reports/nato-c5isr-market/460/

Contact Us:
We Market Research
Phone: +1(929)-450-2887
Email: sales@wemarketresearch.com

About We Market Research

WE MARKET RESEARCH is an established market analytics and research firm with a domain experience sprawling across different industries. We have been working on multi-county market studies right from our inception. Over the time, from our existence, we have gained laurels for our deep rooted market studies and insightful analysis of different markets.

Our strategic market analysis and capability to comprehend deep cultural, conceptual and social aspects of various tangled markets has helped us make a mark for ourselves in the industry. WE MARKET RESEARCH is a frontrunner in helping numerous companies; both regional and international to successfully achieve their business goals based on our in-depth market analysis. Moreover, we are also capable of devising market strategies that ensure guaranteed customer bases for our clients.

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