Global C4ISR Market to Witness Astounding Growth, Reaching USD 154.0 Billion

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Global C4ISR Market to Witness Astounding
Growth, Reaching USD 154.0 Billion

• The report "C4ISR Market by Platform (Airborne,
  Land, Naval, Space), Solution (Hardware,
  Application Software, Services), Application, End
  User (Defense Space, Homeland Security,
  Commercial), Installation and Region - Global
  Forecast to 2028"
• 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. Factors such as the emphasis
• on improving troops situational awareness on
  the battlefield and

the incidences asymmetric
increased of warfare
are positively driving the growth of the C4ISRs
market. Furthermore, rising defense spending,
particularly in emerging economies, and
consequent expenditures in purchasing such
systems drive market growth. Download PDF
Brochure _at_ https//www.marketsandmarkets.com/pdfdo
wnloadNew.asp?id1315 Key Market Players Major
players operating in the C4ISR market Lockheed
Martin Corporation (US), Raytheon Technologies
Corporation (US), BAE Systems Inc. (UK), General
Dynamics Corporation (US), Northrop Grumman
(US), and Thales Group (France) are some of the
market players. Airborne platform segment is
expected to account for the largest share in
2022. C4ISR systems deployed on space platforms
enable real-time mapping of objects in the
Earths orbit and support various communication
networks. By platform, the C4ISR market has been
segmented into airborne, land, naval, and space.
The increasing need for situational awareness
among defense forces of various countries and
modernization of the existing military
infrastructure is expected to drive the C4ISR
market growth. The increasing incidence of
asymmetric warfare, geopolitical
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conflicts, and terrorist activities across the
world are expected to drive the C4ISR
market. Naval segment of the C4ISR market by
platform is projected to witness the highest
CAGR during the forecast period. Based on
platform, the naval segment estimated to account
for the highest growth rate. With an increase in
the number of sensors on ships and advancements
in radar technology, naval C4ISR systems have
been upgraded with data analytics solutions such
as artificial intelligence and cloud computing.
Companies such as Northrop Grumman Corporation
(US), Raytheon Technologies Corporation (US),
THALES (France), Lockheed Martin Corporation
(US), and BAE Systems plc (UK) are involved in
the development and production of advanced signal
processing and naval warfare systems. These
systems include various types of shipboard
radars, track management systems, communication
systems, and electronic warfare systems to
counter sea-based threats. Thus, Enhanced systems
for tactical information management and improved
efficiency to drive the market growth. Defense
and space segment of the C4ISR market by end user
is projected to witness the highest market share
of the C4ISR market. The Defense and space
segment Is to hold the highest market share. This
can be linked to improvements in C4ISR
capabilities for improved combat situational
awareness. The C4ISR improves the capability of
armed forces across the world. By situational
awareness, understanding of the enemy and
environment, and reducing the lag between
sensing and reacting, advanced C4ISR capabilities
give an advantage. Thus the department of
defense worldwide are adopting the C4ISR Systems
to enhance their capabilities. The new
installations segment held the largest market
share in the C4ISR Market By installation, the
C4ISR market has been segmented into new
installations and upgrades. New installations
refer to new C4ISR capabilities that are built to
accommodate new demands. Upgrades include those
additions that take place through the
modernization of C4ISR infrastructure and
software. North America is expected to account
for the largest share in 2022. The C4ISR market
industry has been studied in North America,
Europe, Asia Pacific, Middle East Africa and
Latin America. The Asia-Pacific C4ISR market is
being driven by advancements and developments in
the field of battlefield command, control,
communications, computers, intelligence,
surveillance, and reconnaissance for better
communications and improving the effectiveness of
surveillance and reconnaissance missions.
Countries such as China, India, and Japan, among
others, are expected to increase their demand
for electronic warfare, boosting demand for the
C4ISR market. At the moment, North America
generates the most revenue for C4ISR. C4ISR is
likely to be in high demand in the Middle
East. Ask for Sample Report _at_ https//www.marketsa
ndmarkets.com/requestsampleNew.asp?id1315
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