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(USGovernment-News.Com, April 13, 2024 ) The Global Command and Control Systems Market was valued at USD 33.0 billion in 2022, is projected to reach USD 44.9 billion by 2027, with a compound annual growth rate (CAGR) of 6.4% during the forecast period. This growth is attributed to several factors, including the increasing demand for customized communication solutions on the move, the rising need for interoperability among security technologies, and the expanding defense budgets of emerging countries.
Key players in the Command and Control Systems Market include Collins Aerospace (US), L3harris Technologies (US), Thales Group (France), General Dynamics Corporation (US), BAE Systems (UK), and Data Link Solutions (US). The report also highlights industry trends and technological innovations expected to shape the market from 2018 to 2027.
Key Market Drivers:
Enhanced Integrated Situational Awareness (SA): Situational awareness is crucial for decision-making in military operations. Advanced intelligence, surveillance, and reconnaissance technologies integrated with command and control capabilities provide real-time SA information, enabling commanders to make informed decisions.
Modernization of Military Infrastructure: Command and control systems play a vital role in improving situational awareness and operational planning among various military assets. The modernization of military infrastructure includes the adoption of network-centric warfare and battlefield management systems, leveraging data analysis techniques for improved decision-making.
Government & Defense Segment Dominance: The government & defense segment is projected to lead the market due to increasing investments in battle management systems and air and missile defense systems by various countries.
Regional Insights:
North America: The largest market share is held by North America, with the United States accounting for the majority. Command and control systems are extensively used in defense, surveillance, and critical infrastructure management sectors in the region.
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