openPR Logo
Press release

C4ISR Market Set to Grow at the Fastest Rate- Time to Grow your Revenue

12-08-2023 09:34 AM CET | Advertising, Media Consulting, Marketing Research

Press release from: MarketsandMarkets

C4ISR Market Set to Grow at the Fastest Rate- Time to Grow your

The C4ISR market is projected to grow from USD 113.4 Billion in 2022 to USD 154.0 Billion by 2028, at a CAGR of 5.2% during the forecast period The increased demand for carrying out surveillance activities along conflict areas, the rising defense expenditure of emerging economies, the increasing incidence of terror attacks, and the growing number of ongoing intercountry conflicts have led to the growth of the C4ISR market across the globe. Additionally, the increasing deployment of personnel and weapon systems in active war zones has resulted in a significant increase in the demand for C4ISR systems across the globe.

https://www.marketsandmarkets.com/Market-Reports/c4isr-market-1315.html

Based on platform, the airborne segment is projected to is to lead the market due to the increased use of communication satellites for fast and secure data transfer. In September 2020, the US Army's Tactical Exploitation of National Capabilities office, the Defense Innovation Unit, contracted Northrop Grumman to build two new prototype ground stations that will help the army use satellite imagery for deep sensing.

Based on application, the intelligence, surveillance, and reconnaissance segment is expected to lead due to technological advancements for mission-critical data. In September 2020, Lockheed Martin developed signals intelligence capabilities for the Distributed Common Ground System, the US Air Force's ISR system using agile development. In November 2020, L3Harris Technologies was awarded a firm-fixed-price contract to missionize three new King Air 350ER aircraft for the Canadian manned airborne intelligence, surveillance, and reconnaissance (CMAISR) project.

Based on solution, the hardware segment is expected to dominate the C4ISR market from 2022 to 2028. The increasing demand for sensors in next-generation airborne intelligence, surveillance, and reconnaissance systems, the need for 5G networks for faster wireless data transfer, the demand for wired communication devices underwater and subsurface military applications, the increasing demand for tactical navigation systems for unmanned platforms and for portable, rugged devices for dismounted soldiers, along with the increasing need for intelligence gathering will drive the market.

Based on Region, North America is expected to lead the C4ISR market in 2022, with the US being the largest market in the region. The increasing investments in C4ISR systems to enhance the defense and surveillance capabilities of the armed forces, the modernization of existing military platforms and critical infrastructure, as well as law enforcement agencies increasingly using C4ISR systems are key factors expected to drive the market in North America.

Inquiry Before Buying @ https://www.marketsandmarkets.com/Enquiry_Before_BuyingNew.asp?id=1315

Major players operating in the C4ISR market include Lockheed Martin Corporation (US), Raytheon Technologies Corporation (US), BAE Systems Inc. (UK), General Dynamics Corporation (US), and Northrop Grumman (US). These companies have reliable manufacturing facilities as well as strong distribution networks across key regions, such as North America, Europe, and Asia Pacific. They have an established portfolio of reputable products and services, a robust market presence, and strong business strategies. Furthermore, these companies have a significant market share, products with wider applications, broader geographical use cases, and a larger product footprint.

Contact:
Mr. Aashish Mehra
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA: +1-888-600-6441
Email: sales@marketsandmarkets.com

About MarketsandMarkets™

MarketsandMarkets™ has been recognized as one of America's best management consulting firms by Forbes, as per their recent report.

MarketsandMarkets™ is a blue ocean alternative in growth consulting and program management, leveraging a man-machine offering to drive supernormal growth for progressive organizations in the B2B space. We have the widest lens on emerging technologies, making us proficient in co-creating supernormal growth for clients.

Earlier this year, we made a formal transformation into one of America's best management consulting firms as per a survey conducted by Forbes.

The B2B economy is witnessing the emergence of $25 trillion of new revenue streams that are substituting existing revenue streams in this decade alone. We work with clients on growth programs, helping them monetize this $25 trillion opportunity through our service lines - TAM Expansion, Go-to-Market (GTM) Strategy to Execution, Market Share Gain, Account Enablement, and Thought Leadership Marketing.

Built on the 'GIVE Growth' principle, we work with several Forbes Global 2000 B2B companies - helping them stay relevant in a disruptive ecosystem. Our insights and strategies are molded by our industry experts, cutting-edge AI-powered Market Intelligence Cloud, and years of research. The KnowledgeStore™ (our Market Intelligence Cloud) integrates our research, facilitates an analysis of interconnections through a set of applications, helping clients look at the entire ecosystem and understand the revenue shifts happening in their industry.

To find out more, visit www.MarketsandMarkets™.com or follow us on Twitter, LinkedIn and Facebook.

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 C4ISR Market Set to Grow at the Fastest Rate- Time to Grow your Revenue here

News-ID: 3320131 • Views:

More Releases from MarketsandMarkets

Laser Interferometer Market Set to Grow at the Fastest Rate- Time to Grow your Revenue
Laser Interferometer Market Set to Grow at the Fastest Rate- Time to Grow your R …
The global laser interferometer market is expected to be valued at 315 million in 2024 and is projected to reach USD 447 million by 2029, at a CAGR of 7.2% from 2024 to 2029. Emerging applications in industries push the market's growth due to the growing demand for precision in the manufacturing sector. However, challenges such as higher initial investments and maintenance costs cause problems. Despite these, opportunities arise for
With 19.6% CAGR, Battery Testing, Inspection, and Certification Market Growth to Surpass USD 36.7 billion
With 19.6% CAGR, Battery Testing, Inspection, and Certification Market Growth to …
The battery testing, inspection, and certification market is projected to reach USD 36.7 billion by 2029 from USD 14.9 billion in 2024 at a CAGR of 19.6% during the forecast period. Increasing adoption of EVs and energy storage systems, rising enforcement of stringent standards to ensure battery safety, thriving portable electronics industry, and rapid advances in battery technology are the major factors contributing to the market growth. Download PDF Brochure @
Real-Time Location Systems Revolutionize Healthcare: Insights from MarketsandMarkets
Real-Time Location Systems Revolutionize Healthcare: Insights from MarketsandMar …
The global RTLS market for healthcare is projected to grow from USD 2.3 billion in 2024 to USD 5.7 billion by 2029, at a compound annual growth rate of 19.6% from 2024 to 2029. As it attracts more and more players who enter this market with innovative RTLS features for customers, the market for RTLS technology is rapidly increasing. Top companies in this market focus on healthcare, retail, and manufacturing
Offsite Data Center Power Infrastructure Market Size to Reach $35.4 billion by 2030 | Leading key players are ABB, Schneider Electric, Eaton, Vertiv
Offsite Data Center Power Infrastructure Market Size to Reach $35.4 billion by 2 …
According to a research report "Offsite Data Center Power Infrastructure Market by Component (Solutions and Services), Vertical (BFSI, Media & Entertainment, Government & Defence, Healthcare, Manufacturing, IT & Telecom, Retail) and Region - Global Forecast to 2030" published by MarketsandMarkets, the market size for global offsite data center power infrastructure market is projected to reach approximately USD 35.4 billion by the year 2030, as compared to the estimated value of

All 5 Releases


More Releases for ISR

Growing Threats Of Terror Attacks Propel Demand For Airborne Isr Market: An Emer …
The Airborne ISR Market Report by The Business Research Company delivers a detailed market assessment, covering size projections from 2025 to 2034. This report explores crucial market trends, major drivers and market segmentation by [key segment categories]. What Is the Projected Growth of the Airborne ISR Market? In the past few years, there has been a robust growth in the market size of airborne ISR. It is projected to increase from $29.72
Prominent Airborne ISR Market Trend for 2025: Emerging Trends In The Airborne IS …
What industry-specific factors are fueling the growth of the airborne isr market? The escalating risk of terrorist strikes is projected to bolster the need for airborne ISR in the market. Acts of terrorism involve violence initiated by certain individuals with an intention of instilling fear among the populace and advancing a political agenda. The surge in global terrorist incidents is anticipated to stimulate demand for airborne ISR, as governments and numerous
ISR Drone Market Outlook and Future Projections for 2030
The isr drone market represents a dynamic and continually evolving landscape, shaped by changing consumer demands and technological advancements. In this comprehensive report, we provide an in-depth exploration of the market, designed for a wide range of stakeholders including manufacturers, suppliers, distributors, and investors. Our goal is to equip industry participants with essential insights that enable informed decision-making in an ever-changing market environment. This analysis not only examines the current
Growth and Trends in the ISR Aircraft Drones Market
The ISR Aircraft Drones market is expected to grow from an estimated USD 12.62 billion in 2024 to USD 19.58 billion in 2033, at a CAGR of 5.00%. The Intelligence, Surveillance, and Reconnaissance (ISR) Aircraft Drones market is expected to experience significant growth in the coming years, driven by various factors, including advancements in quality control, regulatory changes, and the rising demand for enhanced military and security capabilities. These trends
Airborne ISR Market Current Scenario and Future Prospects
The Airborne ISR Market study with 65+ market data Tables, Pie charts & Figures is now released by HTF MI. The research assessment of the Market is designed to analyze futuristic trends, growth factors, industry opinions, and industry-validated market facts to forecast till 2029. The market Study is segmented by key a region that is accelerating the marketization. This section also provides the scope of different segments and applications that
Rafael Interview with Zvi Yavin, Head of ISR Systems released for the Airborne I …
SMi Reports: Zvi Yavin, ISR Systems, Head of ISR at Rafael interview has been released just a few months before the Airborne ISR conference SMi Group recently caught up with expert speaker Zvi Yavin, Head of ISR Systems, Product Line Manager at Rafael, in the run up to the 4th annual conference on Airborne ISR, taking place on 24th and 25th October 2018 in London, UK. Snippet from the interview: • About you –