IoT in Aerospace & Defense Market Report 2025-2034: Industry Overview, Trends, And Forecast Analysis

The IoT in Aerospace & Defense 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].

How Big Is the IoT in Aerospace & Defense Market Size Expected to Be by 2034?
Recent years have seen a significant expansion in the market size of IoT in aerospace & defense. The said market, valuing at $55.42 billion in 2024, is projected to increase to $63.57 billion in 2025, indicating a compound annual growth rate (CAGR) of 14.7%. The growth witnessed in the historic period can be linked to a surge in connectivity and communication requirements, the need for predictive maintenance, increasing threats and security worries, the drive to reduce costs and enhance operational efficiency, along with regulatory support and adherence to compliance.

Anticipated for fast expansion in the coming years, the IoT in aerospace & defense market size is on track to reach a worth of $112.42 billion by 2029, expanding at a compound annual growth rate (CAGR) of 15.3%. The surge anticipated in the predicted period is linked to a growing concern for cybersecurity, the emergence of unmanned systems, an emphasis on fleet management, progress in edge computing and the incorporation of 5G networks. The forecast period will likely be marked by development in IoT sensors and connectivity, swift uptake of edge computing, augmented focus on cybersecurity, incorporation of AI and machine learning, along with a focus on predictive maintenance.

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How Are Emerging Segments Shaping the IoT in Aerospace & Defense Market Landscape?
The IoT in aerospace & defense market covered in this report is segmented -

1) By Component: Hardware, Software, Services
2) By Connectivity Technology: Cellular, Wi-Fi, Satellite Communication, Radio Frequency
3) By Deployment Mode: On-Premise, Cloud
4) By Application: Fleet Management, Inventory Management, Equipment Maintenance, Security, Other Applications
5) By End User: Space Systems, Ground Vehicles, Other Users

Subsegments:
1) By Hardware: Sensors, Embedded Systems, Connectivity Devices, Drones And UAVs (Unmanned Aerial Vehicles)
2) By Software: IoT Platforms, Data Analytics And Visualization Software, Security Software, Fleet Management Software
3) By Services: Consulting Services, Integration Services, Maintenance And Support Services, Training And Development Services

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Which Growth Factors Are Influencing IoT in Aerospace & Defense Market Expansion?
The expansion of the IoT in the aerospace and defense market is expected to be propelled by a rising trend of cyber-attacks on the aviation industry. These cyber-attacks refer to unsolicited attempts to unauthorized entry into computer systems with the aim to steal, reveal, modify, deactivate, or demolish information. Implementing IoT authentication in aviation can ensure essential cybersecurity security measures, thus mitigating the frequency of cyber-attacks. For example, the Australian Cyber Security Centre noted in February 2023 that they received 76,000 reports of cybercrimes in 2022 signifying an increase of almost 13% compared to the preceding fiscal year. Hence, the escalating threats of cyber-attacks on the aviation industry boost the growth of the IoT in the aerospace and defense market.

Who Are the Dominant Players Across Different IoT in Aerospace & Defense Market Segments?
Major companies operating in the IoT in aerospace & defense market include AeroVironment Inc., AT&T Intellectual Property, FreeWave Technologies Inc., General Atomics Aeronautical Systems Inc., Honeywell International Inc., Northrop Grumman Corporation, Elbit Systems Ltd., Radisys Corporation, Textron Systems Corporation, Airbus SE, Boeing Company, BAE Systems plc, SAP SE, General Electric Company, Bombardier Inc., CACI International Inc., Collins Aerospace, Cubic Corporation, Curtiss-Wright Corporation, Dassault Aviation SA, Embraer SA, General Dynamics Corporation, L3Harris Technologies Inc., Leonardo SpA, Lockheed Martin Corporation, Moog Inc., RTX Corporation, Saab AB, Safran SA, Thales Group, United Technologies Corporation, Woodward Inc.

What Are the Latest Developing Trends in the IoT in Aerospace & Defense Market?
The surging trend of product innovation is making a visible impact on the IoT market within the aerospace and defense sector. Numerous prominent companies within this market are channeling their efforts towards the creation of novel products. For instance, OnAsset Intelligence, an American aerospace, and defense tech firm started the rollout of the first-of-its-kind dedicated aircraft IoT gateway, the Sentry 600 FlightSafe, in March 2024. This groundbreaking gadget aims to transform aircraft into virtually connected warehouses, thereby considerably amping up the transparency and control of air cargo operations. OnAsset accomplishes this by incorporating Bluetooth sensors across the aircraft, enabling the ongoing surveillance of aircraft subsystems and the conditions of the cargo.

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Which Geographic Regions Are Expected to Dominate the IoT in Aerospace & Defense Market in the Coming Years?
North America was the largest region in the IoT in the Aerospace and Defense market in 2024. The regions covered in the IoT in aerospace & defense market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa

Frequently Asked Questions:
1. What Is the Market Size and Growth Rate of the IoT in Aerospace & Defense Market?
2. What is the CAGR expected in the IoT in Aerospace & Defense Market?
3. What Are the Key Innovations Transforming the IoT in Aerospace & Defense Industry?
4. Which Region Is Leading the IoT in Aerospace & Defense Market?

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