The Command And Control Systems Global Market Report 2024 by The Business Research Company provides market overview across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa, encompassing 27 major global industries. The report presents a comprehensive analysis over a ten-year historic period (2010-2021) and extends its insights into a ten-year forecast period (2023-2033).
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According to The Business Research Company’s Command And Control Systems Global Market Report 2024, The command and control systems market size has grown strongly in recent years. It will grow from $37.16 billion in 2023 to $39.98 billion in 2024 at a compound annual growth rate (CAGR) of 7.6%. The growth in the historic period can be attributed to military modernization, threat landscape evolution, cybersecurity concerns, disaster management requirements, border security and surveillance, counterterrorism initiatives.
The command and control systems market size is expected to see strong growth in the next few years. It will grow to $52.5 billion in 2028 at a compound annual growth rate (CAGR) of 7.0%. The growth in the forecast period can be attributed to integration of artificial intelligence (AI), network-centric warfare, space-based systems integration, multi-domain operations, strategic shifts in global alliances. Major trends in the forecast period include technological advancements in communication, integration of artificial intelligence (AI) and machine learning (ML), cybersecurity enhancement, interoperability and integration, cloud-based solutions.
Increasing military budgets worldwide is expected to propel the growth of the command-and-control systems market going forward. A military budget is an amount of money allocated by a government for military-related expenses, including salaries, training, equipment, research, development, and operational costs, to ensure the readiness and effectiveness of the armed forces in the defense of the country. A defense budget includes the size of that entity’s economy, other financial pressures on that entity, and the government’s or people’s willingness to pay for such military activities, as a result, it helps the entity’s capacity to support military activity and that support command-and-control systems market. For instance, in April 2022, according to a report published by Stockholm International Peace Research Institute (SIPRI), a Sweden-based organization that provides information on international peace and security, in 2021, total worldwide military spending increased by 0.7% in real terms to $2113 billion. Furthermore, China, the world’s second-largest spender allocated $293 billion to its military in 2021, up 4.7% from 2020. Therefore, increasing military budgets worldwide is driving the growth of the command-and-control systems market.
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The command and control systems market covered in this report is segmented –
1) By Installation Type: Fixed Command Centers, Deployable Command Centers
2) By Solution: Software, Services
3) By Platform: Land, Maritime, Airborne, Space
4) By Application: Government And Defense, Homeland Security and Cyber Protection, Commercial
Major companies operating in the command and control systems market are focusing on innovative solutions such as command, control, communications, and computing platforms to better meet the needs of their existing consumers. An integrated system that integrates several technologies to give complete capability for military or organizational command and control activities is referred to as a Command, Control, Communications, and Computing (C4) platform. For instance, in September 2022, Anduril Industries, Inc., a US-based company that manufactures autonomous systems, launched Menace. Menace is a first-of-its-kind comprehensive, expeditionary, secure command, control, communications, and computing (C4) platform that enables warfighters to swiftly plan and execute operations in geographically scattered and harsh environments. Menace is expeditionary, scalable, and developed to meet the specific requirements of the US Air Force and the Agile Combat Employment (ACE) concept of operations, as well as the US Marine Corps and the Expeditionary Advanced Base Operations (EABO) doctrine. Menace is a multi-mission capability, allowing warfighters to plan and execute tasks such as local control and command of deployed forces, base security, and defense, cUAS, and upkeep and logistics from forward deployed positions.
The command and control systems market report table of contents includes:
1. Executive Summary
2. Command And Control Systems Market Characteristics
3. Command And Control Systems Market Trends And Strategies
4. Command And Control Systems Market – Macro Economic Scenario
5. Global Command And Control Systems Market Size and Growth
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26. South America Command And Control Systems Market
27. Brazil Command And Control Systems Market
28. Middle East Command And Control Systems Market
29. Africa Command And Control Systems Market
30. Command And Control Systems Market Competitive Landscape And Company Profiles
Top Major Players:
- Siemens
- General Electric Company
- Raytheon Technologies Corporation
- Boeing Company
- Lockheed Martin Corporation
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