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Network Centric Warfare Market Forecast 2025-2034: Analysing Major Trends, Opportunities, and Growth Drivers

03-06-2025 04:37 PM CET | IT, New Media & Software

Press release from: The Business Research Company

Network Centric Warfare Global Market Size

Network Centric Warfare Global Market Size

Which drivers are expected to have the greatest impact on the over the network centric warfare market's growth?
The surge in military spending is anticipated to fuel the expansion of the network-centric warfare market. Military spending pertains to the funds allocated for weaponry, military operations, maintenance, and other specific military equipment. The growth of various elements of the military market, including network-centric warfare, can be boosted by government investments in the military. For instance, the Stockholm International Peace Research Institute, based in Sweden, reported in April 2023 that global military expenditure hit a new record of $2,240 billion in 2022, marking a 3.7% real-term increase from the previous year. The primary contributors to this spending in 2022 were the United States, China, and Russia, contributing 56% of the global total. With a budget of $877 billion, the United States maintained its position as the leading global military spender, accounting for 39% of global military expenditure. Hence, the rise in military spending is propelling the network-centric warfare market.

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What is the future CAGR of the network centric warfare market, and how will it impact industry expansion?
The market size of network centric warfare has been consistently expanding over the past years. The market, which is set to rise from $60.32 billion in 2024 to $62.75 billion in 2025, will see a compound annual growth rate (CAGR) of 4.0%. The upsurge experienced during the historical period is due to factors such as the focus on training and skill development, the movement towards linked systems, evolution in military doctrine, the incorporation of sensor systems, and the emphasis on cybersecurity and data protection.

The market size for network centric warfare is anticipated to enjoy robust growth in the coming years, escalating to "$79.8 billion by 2029 with a compound annual growth rate (CAGR) of 6.2%. The surge in the forecast period can be credited to the integration of AI and machine learning, improved cyber defense systems, cloud-centric solutions, and emphasis on resilient communication networks, as well as the evolution of command and control systems. Key trends forecasted for this period encompass training and skill enhancement, swift tech advancements, multidomain integration, cyber toughness and security, and augmented information exchange.

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What are the most significant trends transforming the network centric warfare market today?
The rise in technological developments is a significant trend gaining traction in the network-centric warfare industry. Major firms in this sector are turning to new technologies to maintain their market position. For example, Israel Aerospace Industries, an aviation and aerospace manufacturing firm based in Israel, launched SDR-NCO, a pioneering network centric operations (SDR-NCO) capability, in March 2023. This software-defined radio system can communicate through voice, video, and data. The SDR-NCO system facilitates communication with units on land, in the air, and at sea, thereby enhancing coordination across diverse task groups. Its compatibility with a broad array of both military and commercial radios emphasizes its versatility.

Which key market segments comprise the network centric warfare market and drive its revenue growth?
The network centric warfare market covered in this report is segmented -

1) By Architecture: Hardware, Software
2) By Mission Type: Tactical, Strategic
3) By Platform: Land-Based, Naval Based, Air Based, Unmanned
4) By Communication Network: Wired, Wireless
5) By Application: Intelligence, Surveillance, and Reconnaissance (ISR) Operations, Communications, Computers, Combat, Cyber, Command And Control, Electronic Warfare

Subsegments:
1) By Hardware: Communication Systems, Sensors, Computers And Processing Units, Network Infrastructure, Surveillance Systems
2) By Software: Command And Control Software, Data Analytics Software, Cybersecurity Software, Simulation Software, Network Management Software

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What regions are at the forefront of network centric warfare market expansion?
North America was the largest region in the network-centric warfare market in 2024.Asia-Pacific is expected to be the fastest-growing region in the global network-centric warfare market report during the forecast period. The regions covered in the network centric warfare market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa

Who are the leading players fueling growth in the network centric warfare market?
Major companies operating in the network centric warfare market include Cisco Systems Inc., Lockheed Martin Corporation, BAE Systems PLC, Northrop Grumman Corporation, Thales Group, General Dynamics Corporation, Elbit Systems Ltd., Airbus Group N.V., Rockwell Collins Inc., Scalable Network Technologies Inc., Lumen Technologies Inc., RAND Corporation, Raytheon Technologies Corporation, L3Harris Technologies Inc., Leonardo S.p.A., Svenska Aeroplan Aktiebolaget, Rheinmetall AG, The Boeing Company, Honeywell International Inc., Cubic Corporation, Kratos Defense & Security Solutions Inc., CACI International Inc., Leidos Holdings Inc., Booz Allen Hamilton Holding Corporation, Science Applications International Corporation (SAIC), ManTech International Corporation, Engility Holdings Inc., Viasat Inc., Mercury Systems Inc., Ultra Electronics Holdings plc, QinetiQ Group plc, Cobham plc

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What Is Covered In The Network Centric Warfare Global Market Report?

• Market Size Forecast: Examine the network centric warfare market size across key regions, countries, product categories, and applications.
• Segmentation Insights: Identify and classify subsegments within the network centric warfare market for a structured understanding.
• Key Players Overview: Analyze major players in the network centric warfare market, including their market value, share, and competitive positioning.
• Growth Trends Exploration: Assess individual growth patterns and future opportunities in the network centric warfare market.
• Segment Contributions: Evaluate how different segments drive overall growth in the network centric warfare market.
• Growth Factors: Highlight key drivers and opportunities influencing the expansion of the network centric warfare market.
• Industry Challenges: Identify potential risks and obstacles affecting the network centric warfare market.
• Competitive Landscape: Review strategic developments in the network centric warfare market, including expansions, agreements, and new product launches.

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Learn More About The Business Research Company
With over 15,000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Our flagship product, the Global Market Model delivers comprehensive and updated forecasts to support informed decision-making.

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