Overview and Scope
A military computer refers to a ruggedized computer system or piece of equipment that has been specifically planned, developed, and used for military purposes and adheres to U.S. military specifications. They are employed in missile control, military communication, smart weapons, military operations, and military planning.
Sizing and Forecast
The military computers market size has grown strongly in recent years. It will grow from $8.15 billion in 2023 to $8.65 billion in 2024 at a compound annual growth rate (CAGR) of 6.1%. The growth in the historic period can be attributed to defense modernization programs, increased cybersecurity threats, network-centric warfare doctrine, enhanced communication systems, ruggedized design requirements.
The military computers market size is expected to see strong growth in the next few years. It will grow to $10.77 billion in 2028 at a compound annual growth rate (CAGR) of 5.6%. The growth in the forecast period can be attributed to geopolitical tensions and conflicts, integration of artificial intelligence (ai), electromagnetic pulse (emp) protection, command, control, and communications (c3) systems, cybersecurity and information assurance. Major trends in the forecast period include adoption of open system architectures, increased use of cognitive computing, focus on green computing initiatives, enhanced communication and networking capabilities, development of autonomous systems and unmanned platforms.
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Segmentation & Regional Insights
The military computers market covered in this report is segmented –
1) By Type: Rugged Computers, Embedded Computers
2) By Installation Type: New Installation, Upgradation
3) By Application: Aircraft, Ground, Naval
North America was the largest region in the military computers market in 2023. Asia-Pacific is expected to be the fastest-growing region in the global military computers market report during the forecast period. The regions covered in the military computers market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
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Major Driver Impacting Market Growth
Increased government spending on the military is significantly contributing to the growth of the military computer market going forward. Military expenditure, often known as government spending on the military, is the amount of financial resources allocated by a country to create and maintain armed forces or other measures necessary for defense purposes. Military computers are used by militaries worldwide to compute in harsh environments and battlefields for communication, military artillery, and technology operations. For instance, in April 2022, according to Stockholm International Peace Research Institute (SIPRI) Highlights, a Sweden-based government-independent institute focused on war, weaponry, arms control, and disarmament research, the worldwide military expenditure increased by 0.7% in real terms in 2021, reaching an all-time high of $2.1 trillion. In 2021, Russia’s military spending climbed by 2.9% to $65.9 billion. Russia’s military spending increased for the third year in a row in 2021, reaching 4.1% of GDP. Therefore, increased government spending on the military is driving the growth of the military computer market.
Key Industry Players
Major companies operating in the military computers market report are BAE Systems, Cobham Limited, Curtiss-Wright Corporation, Esterline Technologies Corporation, Getac Technology Corporation, L3 Technologies, Northrop Grumman Corporation, Panasonic Corporation, Rockwell Collins Inc., Saab AB, Thales Group, Zebra Technologies Corporation, GRiD Defense Systems, Trenton Systems, Kontron AG, Computer Dynamics, Raytheon Company, Safran Group, General Dynamics Corporation, Elbit Systems Ltd., Honeywell International Inc., Lockheed Martin Corporation, Mercury Systems Inc., North Atlantic Industries Inc., Radisys Corporation, Rugged Science Inc., Systel Inc., Trenton Systems Inc., VersaLogic Corporation, Winmate Inc.
The military computers market report table of contents includes:
1. Executive Summary
- Military Computers Market Characteristics
- Military Computers Market Trends And Strategies
- Military Computers Market – Macro Economic Scenario
- Global Military Computers Market Size and Growth
.
- Global Military Computers Market Competitive Benchmarking
- Global Military Computers Market Competitive Dashboard
- Key Mergers And Acquisitions In The Military Computers Market
- Military Computers Market Future Outlook and Potential Analysis
- Appendix
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