C4ISR Market Worth $154.0 billion by 2028 at a CAGR of 5.2% - PowerPoint PPT Presentation

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C4ISR Market Worth $154.0 billion by 2028 at a CAGR of 5.2%

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The C4ISR market is estimated at USD 113.4 billion in 2022 and is projected to reach USD 154.0 billion by 2028, at a CAGR of 5.2% from 2022 to 2028. – PowerPoint PPT presentation

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Title: C4ISR Market Worth $154.0 billion by 2028 at a CAGR of 5.2%


1
C4ISR Market Worth 154.0 billion by 2028 at a
CAGR of 5.2
The C4ISR Market is projected to grow from USD
113.4 Billion in 2022 to USD 154.0 Billion by
2028, at a CAGR of 5.2 during the forecast
period The increased demand for carrying out
surveillance activities along conflict
areas, the expenditure economies,
rising defense of emerging the increasing
  • incidence of terror attacks, and the growing
    number of ongoing intercountry conflicts have
    led to the growth of the C4ISR market across
    the globe.
  • Additionally, the increasing
  • deployment of personnel and weapon systems in
    active war zones has resulted in a significant
    increase in the demand for C4ISR systems across
    the globe.
  • Download PDF Brochure _at_
  • https//www.marketsandmarkets.com/pdfdownloadNew.a
    sp?id1315
  • Based on platform, the airborne segment is
    projected to is to lead the market due to the
    increased use of communication satellites for
    fast and secure data transfer. In September
    2020, the US Armys Tactical Exploitation of
    National Capabilities office, the Defense
    Innovation Unit, contracted Northrop Grumman to
    build two new prototype ground stations that
    will help the army use satellite imagery for deep
    sensing.
  • Based on application, the intelligence,
    surveillance, and reconnaissance segment is
    expected to lead due to technological
    advancements for mission-critical data. In
    September 2020, Lockheed Martin developed signals
    intelligence capabilities for the Distributed
    Common Ground System, the US Air Forces ISR
    system using agile development. In November
    2020, L3Harris Technologies was awarded a
    firm-fixed- price contract to missionize three
    new King Air 350ER aircraft for the Canadian
    manned airborne intelligence, surveillance, and
    reconnaissance (CMAISR) project.
  • Based on solution, the hardware segment is
    expected to dominate the C4ISR market from 2022
    to 2028. The increasing demand for sensors in
    next-generation airborne intelligence,
    surveillance, and reconnaissance systems, the
    need for 5G networks for faster wireless data
    transfer, the demand for wired communication
    devices underwater and subsurface military
    applications, the increasing demand for tactical
    navigation systems for unmanned platforms and for
    portable, rugged devices for dismounted
    soldiers, along with the increasing need for
    intelligence gathering will drive the market.
  • Based on Region, North America is expected to
    lead the C4ISR market in 2022, with the US being
    the largest market in the region. The increasing
    investments in C4ISR

2
systems to enhance the defense and surveillance
capabilities of the armed forces, the
modernization of existing military platforms and
critical infrastructure, as well as law
enforcement agencies increasingly using C4ISR
systems are key factors expected to drive the
market in North America. Key Market Players Major
players operating in the C4ISR market include
Lockheed Martin Corporation (US), Raytheon
Technologies Corporation (US), BAE Systems Inc.
(UK), General Dynamics Corporation (US), and
Northrop Grumman (US). These companies have
reliable manufacturing facilities as well as
strong distribution networks across key regions,
such as North America, Europe, and Asia Pacific.
They have an established portfolio of reputable
products and services, a robust market presence,
and strong business strategies. Furthermore,
these companies have a significant market share,
products with wider applications, broader
geographical use cases, and a larger product
footprint. News Also Covered https//www.prnewswi
re.com/news-releases/c4isr-market-
worth-154-0-billion-by-2028---exclusive-report-by-
marketsandmarkets- 301767659.html About
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offering to drive supernormal growth for
progressive organizations in the B2B space. We
have the widest lens on emerging technologies,
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growth for clients. The B2B economy is witnessing
the emergence of 25 trillion of new revenue
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