AI, AR, quantum computing will drive DoD spending to 2023, says report
NewsMarch 19, 2019
SANTA CLARA, Calif. A new market study from Frost & Sullivan, "US DoD C4ISR, 2018?2023," predicts that U.S. Department of Defense (DoD) spending on C4ISR [command, control, communications, computer, intelligence, surveillance, and reconnaissance] technologies will have a combined annual growth rate (CAGR) of 3.3 percent through 2023.
Growth in the C4ISR market will be driven, say the analysts, by research and development in missile defense such as AI, quantum computing, and directed energy. The report predicts that augmented reality (AR) systems will be integrated into cockpits, bridges, ground vehicle turrets, and operations centers to enable netcentric warfare gains and integrate tactical assets and geospatial and tracking capabilities.
"Multi-source sensors with optical acoustic signals, electronic warfare, cybersecurity, communications, and other technologies will enable faster and more accurate target detecting, targeting, and decision-making," said Brad Curran, Industry Principal, Defense at Frost & Sullivan. "C4ISR spending will focus on combat system cybersecurity, navigation resiliency, and GPS improvements/alternatives."
Curran further believes that defense-industry consolidation and merger activities will accelerate -- with an emphasis on dual-use commercial products and services -- as markets experience reductions in programs of record. In addition, the report says, the foundation of defense research and development will rely heavily on future technologies to enable missile defense, such as artificial intelligence, quantum computing, and directed energy.
For additional information, please visit the Frost & Sullivan website.
