Markets and Markets
Soldier-systems equipment market to reach $12.8 billion by 2027, research predicts - News
February 10, 2023NORTHBROOK, Ill. The soldier-system market is predicted to grow from $10.4 billion in 2022 to $12.8 billion by 2027, at a combined annual growth rate (CAGR) of 4.4% during the study period, according to a report from MarketsandMarkets, "Soldier Systems Market."
Digital-battlefield market to grow substantially in next eight years, report predicts - News
November 21, 2022NORTHBROOK, Ill. The digital-battlefield market, which totaled $43.2 billion in 2022, is slated to grow to $154.1 billion by 2030, according to a new report from MarketsandMarkets, "Digital Battlefield Market by Solution (Hardware, Software, Service) Platform (Airborne, Naval, Land, Space), Application, Technology (Artificial Intelligence, IOT, Big Data, 5G, Cloud Computing and Master Data Management) Region -- Global Forecast to 2030."
Military radar market to top $17 billion by 2027, report predicts - News
October 31, 2022NORTHBROOK, Ill. The military radar market is projected to grow from its current $13.5 billion to $17.1 billion by 2027, at a compound annual growth rate (CAGR) of 4.7% during the forecast period, according to a new report by MarketsandMarkets, "Military radars market to 2027."
Tactical communications market to be led by ground systems to 2027, study predicts - News
October 17, 2022NORTHBROOK, Ill. The tactical communications market, said to total $12.5 billion in 2022, is projected to reach $16.0 billion by 2027, at a combined anual growth rate (CAGR) of 4.95% during the study period, according to research from MarketsandMarkets, "Tactical Communication Market by Application (Command & Control, ISR, Communication, Combat), Platform (Ground, Airborne, Naval, Unmanned Systems), Type (Soldier Radios, Manpacks, VIC, HCDR), Frequency, Technology, Point of Sale, Region -- Forecast to 2027."
Military wearables market worth as much as $3.4 billion by 2027, study says - News
August 09, 2022NORTHBROOK, Ill. The market for military wearables -- defined as smart electronic devices and equipment incorporated into a soldier’s clothing or worn on the body as implants or accessories -- is projected to grow from $3.1 billion in 2022 to $3.4 billion by 2027, at a combined annual growth rate (CAGR) of 1.8%, according to a new report by MarketsandMarkets, "Military Wearables Market."
Airborne SATCOM market to reach $7.3 billion by 2027, study predicts - News
July 26, 2022NORTHBROOK, Ill. The market for airborne satellite communications (SATCOM) is projected to grow from $5.4 billion in 2022 to $7.3 billion by 2027, according to a study from MarketsandMarkets, "Airborne SATCOM Market by Installation Type, Application, Platform, Frequency, Component, and Region -- Global Forecast to 2027."
Tactical data link market to be driven in part by demand for unmanned, study says - News
July 12, 2022NORTHBROOK, Ill. The global market for tactical data links, estimated at $8.1 billion in 2022, is projected to reach $10.3 billion by 2027, at a combined annual growth rate (CAGR) of 4.9% during that span, according to a research report from MarketsandMarkets, "Tactical Data Link Market by Application (Command & Control, ISR, EW, Radio Communication), Platform (Ground, Airborne, Naval, Unmanned Systems, Weapons), Component, Frequency, Data Link Type, Point of Sale, Military Standard, Region -- Forecast to 2027.”