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

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

March 16
03:41 2023
C4ISR Market worth $154.0 billion by 2028, at a CAGR of 5.2%
C4ISR Market
[310 Pages] C4ISR Market categrizes the Global market by Solution (Hardware, Application Software & Services), Platform (Airborne, Land, Naval, Space), Application, End User (Defence & Space, Homeland Security, Commercial), Installation, and Region. COVID-19 Impact on C4ISR Industry

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 increased incidences of asymmetric 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.

• Informational PDF Brochure :- https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=1315

Browse 251 market data Tables and 68 Figures spread through 316 Pages and in-depth TOC on “C4ISR Market by Platform, Installation and Region – Global Forecast to 2028”

View detailed Table of Content here https://www.marketsandmarkets.com/Market-Reports/c4isr-market-1315.html

C4ISR Market

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 Earth’s orbit and support various communication networks. The C4ISR market, 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 conflicts, and terrorist activities across the world are expected to drive the C4ISR market.

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.

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.

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