Press release
C4ISR Market Foreseen to Grow Exponentially Over 2017 - 2025: Persistence Market Research
Global C4ISR Market: Market Drivers
The major market driver for C4ISR market is increase in sales for cybersecurity, GPS/navigation, unmanned sea vehicles, and missile defense systems. Frequent terror attacks across the borders in many countries is also major driver for the C4ISR market.
The C4ISR systems are also being increasingly adopted by border protection agencies as they offer electro optic solutions for surveillance operations which is advanced supplement for Radar technologies. New technologies like commercial-off-the-shelf (COTS) hardware and software and the Internet of Things (IoT) is expected to fuel the global C4ISR market.
Some of the key challenges in C4ISR market is current government measures like reduction in defence budgets primarily in western countries is impacting the growth the global C4ISR market.
Global C4ISR Market Key Market Players:
Some of the Key players in C4ISR Market include Lockheed Martin Corporation, Northrop Grumman Corporation, Elbit Systems Ltd., QinetiQ Group plc, Leidos, Inc., Raytheon Company, and Harris Corporation
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Global C4ISR Market : Regional Overview
North America C4ISR Market is expected to have the major market share during the forecast period due to presence of large military capabilities. The C4ISR Market is followed by Asia Pacific primarily from china and India. Europe C4ISR Market is also expected to have significant market share during the forecast period.
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Persistence Market Research (PMR) is a U.S.-based full-service market intelligence firm specializing in syndicated re-search, custom research, and consulting services. PMR boasts market research expertise across the Healthcare, Chemicals and Materials, Technology and Media, Energy and Mining, Food and Beverages, Semiconductor and Electronics, Con-sumer Goods, and Shipping and Transportation industries. The company draws from its multi-disciplinary capabilities and high-pedigree team of analysts to share data that precisely corresponds to clients’ business needs.
PMR stands committed to bringing more accuracy and speed to clients’ business decisions. From ready-to-purchase market research reports to customized research solutions, PMR’s en-gagement models are highly flexible without compromising on its deep-seated research values.
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