(USGovernment-News.Com, November 08, 2022 ) The report on the Command and Control Systems Market provides a detailed trend analysis from 2018 to 2027. It discusses industry and technology trends currently prevailing in the market, along with drivers, restraints, challenges, and opportunities that influence the growth of the market.
MarketsandMarkets: The Command and control systems market is estimated to be USD 33.0 billion in 2022 and is projected to reach USD 44.9 billion by 2027, at a CAGR of 6.4% from 2022 to 2027. The market is driven by factors such as increasing defense budget of emerging countries, the emergence of modern warfare system, etc.
Based on installation, new installation segment to grow at the highest CAGR during the forecast period
The new installation segment of the command and control systems market is projected to grow from USD 28.1 million in 2022 to USD 35.6 million by 2027, at a CAGR of 6.6 during the forecast period. The market for new installation segment is expected to witness significant growth in the near future, owing to the need for new command and control systems deployments for commercial and military applications.
Based on solution, IT infrastructure sub segment is estimated to dominate the market during the forecast period
Based on solution, the hardware segment is estimated to rise at CAGR of 6.2% in 2022. The IT Infrastructure sub segment is expected to witness significant growth during the forecast period owing to high investments in developing networks that support high-bandwidth, and requirement of advanced command and control systems for improved situational awareness for damage assessment and emergency evacuation.
Based on platform, airborne platform segment is estimated to dominate the market during the forecast period
Based on platform, airborne platform segment of the command and control systems market is projected to grow from an estimated USD XX million in 2022 to USD XX million by 2025, at a CAGR of XX from 2022 to 2027 due to increase in demand for various unmanned systems and higher level of automation and remote operations.
North America is estimated to account for a share of XX% of the command and control systems market in 2022 and is projected to grow at a CAGR of XX% during the forecast period. The US is the largest market in the North America region. Countries in North America are investing in command and control systems to enhance defense and surveillance capabilities of the armed forces. Critical infrastructure and law enforcement sectors are increasingly using command and control systems. Critical infrastructure includes government installations, power plants, airports, and seaports. These systems are being used to manage the safety systems and security of this critical infrastructure. Increasing need to ensure robust existing capabilities for current nuclear Command and control systems, as well as the new systems for the modernization and upgrade of the current NC3 systems, pushed the countries in North America to adopt nuclear C2 systems.
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