Press release
Military Computers Market Expansion Continues, with Forecast Valuation of $11.14 Billion by 2029
Military Computers Market
Military Computers Market Size Valuation Forecast: What Will the Market Be Worth by 2025?
In the last few years, the market size of military computers has experienced significant growth. It is projected that it will rise from $8.47 billion in 2024 to $8.95 billion in 2025, reflecting a compound annual growth rate (CAGR) of 5.7%. This historical growth can be traced back to defense modernization initiatives, heightened cybersecurity risks, the adoption of network-centric warfare doctrine, improved communication systems, and the demand for ruggedized design specifications.
Military Computers Market Size Forecast: What's the Projected Valuation by 2029?
Potent expansion is foreseen for the military computers market in the upcoming years, with projections estimating a size of "$11.14 billion by the year 2029 and a compound annual growth rate (CAGR) of 5.6%. The surge during the prediction period is linked to factors such as political strains and conflicts, implementation of artificial intelligence (AI), electromagnetic pulse (EMP) protection, command, control, communications (C3) systems, along with cybersecurity and information security. Key trends anticipated within this period, encompass the embrace of open system architectures, amplified use of cognitive computing, emphasis on eco-friendly computing initiatives, improved communication and networking capabilities, and advancement in autonomous systems and unmanned platforms.
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What Are the Drivers Transforming the Military Computers Market?
The escalation in governmental military expenditure is significantly fueling the military computer market's advancement. Military spending, commonly referred to as government funding for defense, represents the financial commitment a nation makes to establish and sustain its armed forces or other paramount defense strategies. Global armed forces utilize military computers to execute computing in extreme or conflict-ridden environments, fulfilling needs such as communication, military artillery, and tech operations. For example, the Stockholm International Peace Research Institute, an independent international research establishment based in Sweden, reported in April 2023 that the total worldwide military spending rose to a staggering $2443 billion in 2023, a 6.8% augmentation in real terms compared to 2022. Consequently, the surge in governmental military expenditure is propelling the expansion of the military computer market.
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What Long-Term Trends Will Define the Future of the Military Computers Market?
Technological innovation is influencing the military computer market. In October 2022, US-based General Micro Systems, Inc. launched the X9 Spider Wearable, a battery-powered rugged computer designed for soldiers. It supports AI processing, video, wireless connectivity, high storage capacity, and integration with body sensors and other military systems.
Which Segments in the Military Computers Market Offer the Most Profit Potential?
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 Firms Dominate the Military Computers Market by Market Share and Revenue in 2025?
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.
Which Regions Offer the Highest Growth Potential in 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
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