Global Command and Control Systems Market is valued approximately USD 34.58 billion in 2020 and is anticipated to grow with a healthy growth rate of more than 4.8 % over the forecast period 2021-2027. A command-and-control system is an arrangement of personnel, information management, procedures, and equipment and facilities essential for the commander to conduct operations. The increasing investments in artificial intelligence, government investment in military expenditure, and wide adoption of cloud computing has led the adoption of Command-and-Control Systems across the forecast period. In military, indispensable command-and-control systems for the adequate management of military assets, situational awareness, strengthen robust environment security, and protect critical infrastructure, borders, and coastlines, among others, are some of the factors contributing to the growth in this segment. For instance, As per STOCKHOLM INTERNATIONAL PEACE RESEARCH INSTITUTE (SIPRI), total global military expenditure rose to $1981 billion last year, an increase of 2.6 per cent in real terms from 2019. The five biggest spenders in 2020, which together accounted for 62 per cent of global military expenditure, were the United States, China, India, Russia and the United Kingdom for use of battle management systems effectively. However, high cost for the development and maintenance of command-and-control systems impedes the growth of the market over the forecast period of 2021-2027. Also, development of cloud-based software platforms, the adoption & demand for ommand-and-Control Systems is likely to increase.
Global Command-and-Control Systems Market is segmented on the basis of geographical region as Asia Pacific, North America, Europe, Latin America and Rest of the World. North America is the leading region across the world in terms of market share owing to the technology advancement and presence of a large number of system integrators, software developers, and original component manufacturers. Whereas, Asia-Pacific is also anticipated to exhibit highest growth rate over the forecast period 2021-2027. Factors such as rising military budget, territorial disputes between the nation, and security threats would create profitable growth prospects for the Command-and-Control Systems Market across Asia-Pacific region.
Major market player included in this report are:
Lockheed Martin Corporation
General Dynamics Corporation
Northrop Grumman Corporation
Elbit Systems LTD.
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
Fixed Command Centers
Deployable Command Centers
Government & Defense
Rest of the World
Furthermore, years considered for the study are as follows:
Historical year – 2018, 2019
Base year – 2020
Forecast period – 2021 to 2027
Target Audience of the Global Command and Control Systems Market in Market Study:
Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Value-Added Resellers (VARs)
Third-party knowledge providers