The c4isr global market report 2024 from The Business Research Company provides comprehensive market statistics, including global market size, regional shares, competitor market share, detailed segments, trends, and opportunities. This report offers an in-depth analysis of current and future industry scenarios, delivering a complete perspective for thriving in the industrial automation software market.
C4ISR Market, 2024 report by The Business Research Company offers comprehensive insights into the current state of the market and highlights future growth opportunities.
Market Size –
The c4isr market size has grown strongly in recent years. It will grow from $80.42 billion in 2023 to $86.33 billion in 2024 at a compound annual growth rate (CAGR) of 7.3%. The growth in the historic period can be attributed to geopolitical conflicts and national defense needs, increased terrorism and asymmetric threats, emergence of multi-domain warfare concepts, market growth in the defense and homeland security sectors, and growth in demand for electronic warfare capabilities.
The c4isr market size is expected to see strong growth in the next few years. It will grow to $118.71 billion in 2028 at a compound annual growth rate (CAGR) of 8.3%. The growth in the forecast period can be attributed to rising investment in autonomous and unmanned systems, emphasis on information dominance and network-centric warfare, expanding use of drones and uavs for surveillance and reconnaissance, expanding space-based capabilities and satellite constellations, and increasing advanced data processing. Major trends in the forecast period include adoption of blockchain technology, international collaboration in c4isr for addressing global threats, integration of 5g and beyond in c4isr networks, development of quantum computing for advanced data processing, and integration of ai and machine learning in c4isr systems.
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Scope Of C4ISR Market
The Business Research Company’s reports encompass a wide range of information, including:
1. Market Size (Historic and Forecast): Analysis of the market’s historical performance and projections for future growth.
2. Drivers: Examination of the key factors propelling market growth.
3. Trends: Identification of emerging trends and patterns shaping the market landscape.
4. Key Segments: Breakdown of the market into its primary segments and their respective performance.
5. Focus Regions and Geographies: Insight into the most critical regions and geographical areas influencing the market.
6. Macro Economic Factors: Assessment of broader economic elements impacting the market.
C4ISR Market Overview
Market Drivers –
Increasing global territorial tensions around the world have contributed to the growth of the C4ISR market going forward. Territorial conflicts are border tensions that arise from competing for national interests or from an increase in the insurgency in some parts of the world. C4ISR is used by the military for operations and communication to gather crucial reconnaissance and surveillance data, territorial conflicts increase the demand for C4ISR. For instance, in May 2022, according to Center for Strategic and International Studies, a US-based nonprofit policy research organization dedicated to advancing practical ideas to address the world’s greatest challenges , there has been a significant rise in the number of domestic terrorist attacks and plots at demonstrations in the United States. In 2021, the majority of domestic terrorist incidents took place in the context of urban demonstrations, accounting for more than 50%. Government, military, and law enforcement entities were the most frequent targets, increasingly subjected to extremist-driven domestic terrorism. These entities comprised 43% of all attacks and were consistently targeted across various extremist ideologies, including 48% of violent far-left events, 37% of violent far-right events, and all Salafi-jihadist events in 2021. Therefore, rise in global territorial tensions around the world is expected to drive the growth of the C4ISR
The c4isr market covered in this report is segmented –
1) By Platform: Land, Airbone, Naval, Space.
2) By Solution: Hardware, Application Software, Services.
3) By Application: Intelligence, Communication, Command, Computer, Electronics.
4) By End User: Defence and Space, Commercial.
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Regional Insights –
North America was the largest region in the C4ISR market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the c4isr market report include Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
Key Companies –
Major companies operating in the c4isr market include Northrop Grumman Corporation, Lockheed Martin Corporation, BAE Systems plc, Raytheon Technologies Corporation, General Dynamics Corporation, Thales Group, Elbit Systems Ltd., CACI International Inc., Honeywell International Inc., The Boeing Company, Rheinmetall AG, Leonardo S.p.A., Saab AB, Collins Aerospace, Serco Group plc, Rockwell Collins Inc., L3Harris Technologies Inc., Kratos Defense & Security Solutions Inc., General Atomics, Cubic Corporation, Ultra Electronics Holdings plc, QinetiQ Group plc, Mercury Systems Inc., Curtiss-Wright Corporation, FLIR Systems Inc., Textron Systems Corporation, Israel Aerospace Industries Ltd., Larsen & Toubro Limited, Bittium Corporation, Aselsan A.S., Indra Sistemas S.A., Bharat Electronics Limited, Rave Gears LLC, Hindustan Computers Limited Technologies, Viasat Inc., Kratos RT Logic, Vencore Services and Solutions Inc.
Table of Contents
1. Executive Summary
2. C4ISR Market Report Structure
3. C4ISR Market Trends And Strategies
4. C4ISR Market – Macro Economic Scenario
5. C4ISR Market Size And Growth
…..
27. C4ISR Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
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