Press release
Global Military Computers Market Projected to Surpass $11.14 Billion by 2029 with 6% Annual Growth
Military Computers Market Size
The growth of the military computer market is largely being driven by escalated government military expenditure. This expenditure, which involves the allocation of financial resources by a nation to establish and maintain armed forces, or other necessary defense mechanisms, significantly influences the market expansion. Militaries across the globe rely on military computers for operations in challenging environments such as battlegrounds, to aid in communication, handle military weaponry and manage technology processes. As noted by the Stockholm International Peace Research Institute, an independent research institution based in Sweden, the total global military expenditure saw an increase of 6.8% in real terms from 2022, hitting a staggering $2443 billion in April 2023. Thus, it's evident that rising government military expenditure plays a crucial role in propelling the military computer market's growth.
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What is the projected compound annual growth rate (CAGR) of the military computers market from 2025 to 2034, and what factors influence it?
The market for military computers has seen robust growth in the past few years. The market is projected to expand from $8.47 billion in 2024 to $8.95 billion in 2025, representing a compound annual growth rate (CAGR) of 5.7%. Factors such as defense modernization initiatives, a rise in cybersecurity threats, the implementation of network-centric warfare doctrines, improved communication systems, and the need for ruggedized designs have been instrumental in driving growth during the historical period.
The market size for military computers is anticipated to witness robust growth in the coming years. This sector is forecasted to expand to "$11.14 billion by 2029, with a compound annual growth rate (CAGR) of 5.6%. Factors such as geopolitical tensions and conflicts, the incorporation of artificial intelligence (AI), protection against electromagnetic pulses (EMP), command and control systems, cybersecurity, and information assurance are contributing to growth during the forecast period. Noteworthy trends during this period comprise of the acceptance of open system architectures, an amplified reliance on cognitive computing, prioritisation of green computing strategies, improved communication and networking faculties, and advancements in autonomous systems and unmanned platforms.
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How are the latest trends influencing the growth of the military computers market?
The trend of technological innovation is taking center stage in the military computer market. Leading corporations in this field are channeling their resources towards incorporating cutting-edge technology and enhancing the applications within military computers, a move aimed at bolstering the efforts of the military. In October 2022, General Micro Systems Inc., renowned for designing and building compact systems and servers, unveiled the X9 Spider Wearable. This is a battery-powered sturdy wearable computer, engineered for ground soldiers. The device is built to offer robust processing abilities, communication, video functionalities, database access, and artificial intelligence features. The X9 Spider Wearable is custom made to deliver high computing power and I/O in a compact and lightweight battery-operated format, accommodating up to four on-body displays. It also supports wireless LAN and PAN connections, enabling communication with mounted assets like vehicles or command posts, and can store a staggering 20TB of onboard data. The wearable can also interface with high-rate body sensors, and even processes on-board AI algorithms such as image and facial recognition, target tracking, and sensor fusion.
What are the major segments of the military computers market and their role in driving growth?
The military computers market covered in this report is segmented -
1) By Type: Rugged Computers, Embedded Computers
2) By Installation Type: New Installation, Upgradation
3) By Application: Aircraft, Ground, Naval
Subsegments:
1) By Rugged Computers: Rugged Laptops, Rugged Tablets, Rugged Desktops, Handheld Rugged Devices
2) By Embedded Computers: Single-Board Computers (SBCs), System on Module (SoM), Application-Specific Embedded Systems, Real-Time Embedded Systems
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Which regions are key players in the growth of the military computers market?
North America was the largest region in the military computers market in 2024.Asia-Pacific is expected to be the fastest-growing region in the global military computers market report during the forecast period. The regions covered in the military computers market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
Who are the key firms paving the way for growth in the military computers market?
Major companies operating in the military computers market include BAE Systems, Cobham Limited, Curtiss-Wright Corporation, Esterline Technologies Corporation, Getac Technology Corporation, L3 Technologies, Northrop Grumman Corporation, Panasonic Corporation, Rockwell Collins Inc., Saab AB, Thales Group, Zebra Technologies Corporation, GRiD Defense Systems, Kontron AG, Computer Dynamics, Raytheon Company, Safran Group, General Dynamics Corporation, Elbit Systems Ltd., Honeywell International Inc., Lockheed Martin Corporation, Mercury Systems Inc., North Atlantic Industries Inc., Radisys Corporation, Rugged Science Inc., Systel Inc., Trenton Systems Inc., VersaLogic Corporation, Winmate Inc.
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What Is Covered In The Military Computers Global Market Report?
• Market Size Forecast: Examine the military computers market size across key regions, countries, product categories, and applications.
• Segmentation Insights: Identify and classify subsegments within the military computers market for a structured understanding.
• Key Players Overview: Analyze major players in the military computers market, including their market value, share, and competitive positioning.
• Growth Trends Exploration: Assess individual growth patterns and future opportunities in the military computers market.
• Segment Contributions: Evaluate how different segments drive overall growth in the military computers market.
• Growth Factors: Highlight key drivers and opportunities influencing the expansion of the military computers market.
• Industry Challenges: Identify potential risks and obstacles affecting the military computers market.
• Competitive Landscape: Review strategic developments in the military computers market, including expansions, agreements, and new product launches.
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