Elbit Systems, Harris Corporation, General Dynamics Corporation, Thales-Raytheon Systems Company LLC, and the Boeing Company Coexist in the Global C4ISR Market!

The Global C4ISR Market was valued at USD 114.87 billion in 2016 and is estimated to reach USD 144.50 billion by 2022, projected to record a CAGR of 3.90% during 2016-2022.

The growth of the C4ISR market is expected to be led by an increase in the number of Air ISR Systems. Within the C4ISR sub-segmentation, unmanned aerial vehicles with ISR systems will witness the maximum growth of 9.74%. The growing applications of ISR by civil government agencies, a rise in the usage of geospatial intelligence, and increasing need for short-mission cycle time are fueling the growth of the global C4ISR market. However, defense budget cuts in developed countries and risks of cyber-attack are hindering the growth of the market.

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Considerable cuts in the budgeted expenditure in the ISR market of developed nations, especially the United States, is the major reason for a moderate growth of the ISR market. However, owing to the popularity of C4ISR in countries, like India, Russia, and Saudi Arabia, the ISR market has not declined as yet. The market is expected to register tremendous growth in the Asian countries, such as India and China. India has been at loggerheads with its neighbors and terrorist organizations that are using these capabilities to full effect. Saudi Arabia will be one of the highest contributors to the ISR systems, with a massive number of ISR-specific UAV’S planned till 2022.

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The C4ISR market is segmented by platform type, which includes land, sea, air, and space. The report provides an in-depth analysis of the C4ISR market across different geographical regions viz. North America, Europe, South America, Asia-Pacific and the Middle East & Africa, along with country-wise segmentation.
The Global C4ISR Market report includes competitive vendor landscape, along with an analysis of major companies, such as Elbit Systems, Harris Corporation, General Dynamics Corporation, Thales-Raytheon Systems Company LLC, The Boeing Company, Caci International Inc., BAE Systems PLC, L3 Communication Systems, etc.

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