According to a recent Emergen Research study, the Global C4ISR Systems Market will be worth USD 161.37 billion by 2027. Increasing use of geospatial intelligence, rising cybercrime involving data breaches from confidential governing bodies, rising threats & tensions in asymmetric welfare, and growing investments in defense bodies & foreign intelligence platforms are among the key factors influencing the market.
The C4ISR market report examines various tactical communications, networking, intelligence, surveillance, and reconnaissance products, application software, and technologies that provide access to a global information grid of shared data and information sources in defense and commercial applications. C4ISR systems enable decision-makers to understand and predict events in the ground, sea, air, space, cyber, and electromagnetic domains, allowing them to outpace adversaries.
The deployment of small, reliable, and advanced C4ISR systems in a variety of applications, which has increased demand globally, is one of the primary drivers driving the market. The cost of these systems has decreased as a result of advancements in ISR technologies and manufacturing procedures. The improved defensive and surveillance capabilities of armed forces and law enforcement agencies are driving the C4ISR market.
Furthermore, the extensive emphasis on the common operating picture (COP) of military operations, as well as the increased capabilities of information dominance, battlefield awareness, and decision advantages of Command, Control, Communications, Computers, Intelligence, Surveillance, and Reconnaissance (C4ISR) systems, are key reasons for the market’s enormous growth.
Further key findings from the report suggest
BAE Systems announced the completion of the accusation of Raytheon Technologies Corporation’s Airborne Tactical Radios business in May 2020. This acquisition will enable them to provide their customers with game-changing electronic mission and control solutions.
Defense Intelligence will grow at the fastest CAGR of 7.8% over the forecast period due to increased incorporation of intelligence protocols such as nextgen communication, surveillance, reconnaissance, information fusion & data analytics, electronic welfare & spectrum dominance, and cyber control systems, among others.
Asia Pacific regions led by China, India, Japan, and South and North Korea are allocating significant budgets for defense grooming. Furthermore, rising incidences of interpersonal conflict, asymmetric welfare, increased economic development, and technological advancements all help to propel C4ISR market enforcement.
Market participants of note Boeing, BAE Systems, Lockheed Martin, Rockwell Collins, Elbit Systems, Northrop Grumman, Thales Group, Leonardo S.p.A., Raytheon Company, and General Dynamics are some of the companies involved.
For this report, Emergen Research has segmented the global C4ISR Systems Market based on Application, Platform, Component, End Users, and Region:
Application Outlook (Revenue: USD Billion; 2017-2027)
- Command and Control
Platform Outlook (Revenue: USD Billion; 2017-2027)
Component Outlook (Revenue: USD Billion; 2017-2027)
End Users Outlook (Revenue: USD Billion; 2017-2027)
- Air force
- Defense Intelligence
- Commercial Services
Regional Outlook (Revenue: USD Billion; 2017-2027)
- North America
- the U.S.
- the UK
- the Asia Pacific
- South Korea
- North Korea
- Rest of APAC
- Latin America
- Rest of LATAM
- Saudi Arabia
- Rest of MEA
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