NEW YORK, Nov. 9, 2023 /PRNewswire/ -- The command and control systems market size is expected to grow by USD 4.02 billion between 2023 and 2028. However, the growth momentum of the market will progress at a CAGR of 3.3% during the forecast period. The market is segmented by Application (Government and defence, Commercial, and Homeland security), Platform (Land, Airborne, Naval, and Space), and Geography (North America, APAC, Europe, South America, and Middle East and Africa). The report analyses the market size and growth and provides accurate predictions on the growth of the market. View a Free PDF Sample
The growing use of command and control systems in civil applications drives the command and control systems market. The ongoing R&D investments result in the deployment of command and control systems that have undergone substantial change. Various new features have been added to these systems in recent years. The changes include secure messaging management systems, quick reaction capability, and time-sensitive targeting solutions.
Key Highlights:
- The report recognizes the following as some of the key players in the command and control systems market: BAE Systems Plc, Booz Allen Hamilton Holding Corp., CACI International Inc., Codan Ltd, Cubic Corp., Elbit Systems Ltd., General Dynamics Corp., Kongsberg Gruppen ASA, Kratos Defense and Security Solutions Inc., L3Harris Technologies Inc., Leonardo Spa, Lockheed Martin Corp., Northrop Grumman Corp., Raytheon Technologies Corp., RGB Spectrum, Rolta India Ltd., Saab AB, Thales Group, The Boeing Co., and Rheinmetall AG
- Command and Control Systems Market is fragmented in nature.
- Market to observe 2.3% YOY growth in 2024.
Market Dynamics:
Trend
- The technological advances by leading players are an emerging trend in the command and control system market.
- There has been an increase in demand for integrated control and supervision solutions that protect critical infrastructure facilities and operations over the past few years.
- In June 2021, Eastern Shipbuilding Group (ESG), a contractor for the US Coast Guard Offshore Patrol Cutter (OPC) program, appointed Northrop Grumman as the systems integrator for C5ISR and control systems for the US Coast Guard OPC program.
Challenge
- The system integration and interoperability issues challenge the command and control systems market.
- Various applications are observed in the adoption of cutting-edge technologies.
- These applications including government and defense, are increasing significantly, which is giving upgrades to system integration and interoperability issues.
- Furthermore, the integration of multiple IT systems on legacy IT infrastructure can create a lot of cross-platform system integration issues.
The report also covers information on upcoming trends and challenges. Explore detailed information by purchasing a report
Keg Segments:
By application, the government and defense segment will account for a major share of the market's growth during the forecast period. The military air traffic management and control, weapons control, and information systems are some of the majority of command and control systems created for ground-based air defense strategies. Get a glance at the market contribution of the segments, Request a Sample Report
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Command And Control Systems Market Scope |
|
Report Coverage |
Details |
Base year |
2023 |
Historic period |
2018-2022 |
Forecast period |
2024-2028 |
Growth momentum & CAGR |
Accelerate at a CAGR of 3.3% |
Market growth 2024-2028 |
USD 4.02 billion |
Market structure |
Fragmented |
YoY growth 2022-2023 (%) |
2.3 |
Regional analysis |
North America, APAC, Europe, South America, and Middle East and Africa |
Performing market contribution |
North America at 41% |
Key countries |
US, Canada, China, Germany, and UK |
Competitive landscape |
Leading Vendors, Market Positioning of Vendors, Competitive Strategies, and Industry Risks |
Executive Summary
Market Landscape
Market Sizing
Historic Market Sizes
Five Forces Analysis
Market Segmentation by Application
Market Segmentation by Platform
Market Segmentation by Geography
Customer Landscape
Geographic Landscape
Drivers, Challenges, & Trends
Company Landscape
Company Analysis
Appendix
Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provide actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.
With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
Contacts
Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: [email protected]
Website: www.technavio.com
SOURCE Technavio
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