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The situational awareness market size is projected to grow from USD 17.2 billion in 2020 to USD 21.8 billion by 2025, recording a CAGR of 4.9% between 2020 and 2025. Increasing demand for situational awareness solutions in aviation and military, use of mobility solutions transforming military tactical operations, and growing importance of situational awareness in cyber security to provide significant situational awareness are the major factors driving the growth of the situational awareness system market.
The industries considered in this markets includes - Military & Defense, Aviation, Maritime Security, Cybersecurity, Automotive, Healthcare, Construction, Industrial, and Homeland Security. Amongst these the military & defense segment is expected to lead the situational awareness market during the forecast period owing to the high adoption of various situational awareness products. Situational awareness systems are widely used in the military & defense industry for safety and security purposes.
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