C4ISR Market Share 2019 Development, Trends, Demand and Forecast Till 2024
Press ReleaseApril 13, 2020
C4ISR is a collective term for command, control, communications, computers, intelligence, surveillance and reconnaissance systems, which are primarily utilized in the military and defense forces. It provides real-time information, which aids in ensuring faster and better decision-making and consequently increasing situational awareness. It consists of a wide range of techniques and procedures, along with equipment, including land-based radars, communication satellites and binoculars, which are used for observation and collection of intelligence data across space and cyberspace, and air, land, and sea.
Rising terrorism across the globe and the consequent increase in investments in the defense sector are among the primary factors driving the global C4ISR market. In line with this, security agencies are increasingly employing sensors, unmanned aerial vehicles, synthetic aperture radars and cybersecurity solutions to collect and disseminate intelligence data among various defense ranks and combat threats, such as border disputes and cyberattacks. Product innovations, such as the development of low-power consuming and light-weight equipment and extensive research and development (R&D) in the field of electronics, optoelectronics and Information Technology (IT) are some of the other factors that are expected to create a positive outlook for the market in the coming years.
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Insights on Market Segmentation:
Breakup by Platform
1. Land
2. Naval
3. Airborne
4. Space
Breakup by Solution
1. Products
2. Services
Breakup by End-Use Sector
1. Defense
2. Commercial
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Breakup by Application
1. Intelligence
2. Surveillance & Reconnaissance
3. Electronic Warfare
4. Computers
5. Communication
6. Command & Control
7. Others
Breakup by Region
1. North America
2. Asia Pacific
3. Europe
4. Latin America
5. Middle East and Africa
Competitive Landscape
The competitive landscape of the industry has also been examined with some of the key players being CACI International Inc., BAE Systems, General Dynamics Corporation, Elbit Systems, Harris Corporation, L3 Technologies Inc., Leonardo S.P.A., Lockheed Martin, Northrop Grumman, Raytheon, Rheinmetall, Rockwell Collins, Saab AB, Serco, Thales Group, etc.
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