Command and Control System Market Size To Reach US$ 45.9 Billion By 2028 - IMARC Group

According to the latest report by IMARC Group "Command and Control System Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028", The global command and control system market size reached US$ 36.3 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 45.9 Billion by 2028, exhibiting a growth rate (CAGR) of 4.2% during 2023-2028.

A command and control system refers to several hardware and software solutions that are essential for carrying out military operations and activities. In terms of the platform, they can be segmented into land, maritime, space, airborne, and other categories. Command and control system solutions involve formulating concepts, allocating resources, deploying forces, and supervising. They aid military organizations in directing, planning, and controlling operations-assigned forces while improving individual performance. Command and control system services even prove extremely effective in the complex multi-threat environment as they allow dealing with a massive number of targets and compress reaction times of modern warfare. Consequently, they find extensive applications across various sectors, including government and defense, homeland security, cyber protection, oil and gas, etc.

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Command and Control System Market Trends:

The expanding geopolitical tensions among countries and the elevating need for situational awareness in law enforcement agencies and the military are primarily driving the command and control system market. In line with this, the rising requirement for advanced technologies that employ earth-observation satellites for communications, data collection, data processing, and threat detection and warning, which aid in keeping track of combatant ships, weapons, and aircraft, is acting as another significant growth-inducing factor.

Apart from this, the increasing usage of the system to perform numerous procedural and technical functions, such as supervising air traffic, coordinating supporting arms, and managing fire control weapons systems, is also positively influencing the global market. Additionally, the escalating adoption of the products in oil and gas installation plants, airports, and utilities to facilitate enhanced operation, security, safety, and surveillance is further stimulating the market growth. Besides this, the growing focus among leading players on continuously upgrading and modernizing the system and the inflating military budgets across the globe are expected to propel the command and control system market over the forecasted period.

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each sub-segment of the global command and control system market report, along with forecasts at the global, regional and country level from 2023-2028. Our report has categorized the market based on platform, solution and application.

Breakup by Platform:

Land
Maritime
Space
Airborne

Breakup by Solution:

Hardware
Software
Services

Breakup by Application:

Defense
Commercial

Market Breakup by Region:

North America (United States, Canada)
Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, Others)
Europe (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
Latin America (Brazil, Mexico, Others)
Middle East and Africa

Competitive Landscape with Key Player:

BAE Systems plc
CACI International Inc.
Elbit Systems Ltd.
General Dynamics Mission Systems Inc (General Dynamics Corporation)
L3Harris Technologies Inc.
Leonardo S.p.A.
Lockheed Martin Corporation
Northrop Grumman Corporation
Raytheon Technologies Corporation
RGB Spectrum
Saab AB
Thales Group
The Boeing Company.

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As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the industry behaviours of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.

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