DUBLIN--(BUSINESS WIRE)--The "Digital Battlefield Market - 2017-2027 Segmented By Offering, By Platform, By Application, and By Region" report has been added to ResearchAndMarkets.com's offering.
The global digital battlefield market is anticipated to witness growth at a significant CAGR during the forecast period, 2023-2027. Factors such as the growing adoption of military modernization programs by governments in developing countries and high-end investments by leading authorities to advance military equipment and technology are driving the global digital battlefield market growth.
The United States ranks among the top spending nations in the world and makes substantial investments in the acquisition of cutting-edge technology to upgrade the defense sector. Major international conflicts have broken out in the past all over the world, including the wars in Syria, Russia, Ukraine, and the United States and Iran, among others.
As the government has become aware of the potentially harmful repercussions of such large-scale conflicts, they are heavily investing in the purchase of AI-enabled digital battlefield equipment and have started the integration of cutting-edge technology into the already-existing system. Also, the expected roll-out of 5G technology and the advancements in the defense sector are expected to propel the growth of the global digital battlefield market during the forecast period.
The global digital battlefield market is segmented on the basis of offering, platform, application, regional distribution, and competitive landscape. Based on the application, the market is divided into warfare platforms, cyber security, logistics & transportation, surveillance & situational awareness, command & control, communication, health monitoring, predictive maintenance, threat monitoring, and others.
The cyber security segment is expected to account for a significant market share in the forecast period, 2023-2027. Most of the weapons and equipment are modern in design and operate through the gathering, processing, and analysis of data. Data is produced on an enormous scale, and unauthorized access to private data can result in huge financial losses.
The major players operating in the global digital battlefield market are Airbus S.A.S, Raytheon Technologies Corporation, Elbit Systems Ltd., BAE Systems, General Dynamics Corporation, Rheinmetall AG, FLIR Systems Inc., Northrop Grumman Corporation, Lockheed Martin Corporation, and Thales Group.
Years considered for this report:
- Historical Years: 2017-2020
- Base Year: 2021
- Estimated Year: 2022
- Forecast Period: 2023-2027
Objective of the Study:
- To analyze the historical growth in the market size of the global digital battlefield from 2017 to 2021.
- To estimate and forecast the market size of global digital battlefield market from 2023 to 2027 and growth rate until 2027.
- To classify and forecast the global digital battlefield market based on offering, platform, application, region, and company.
- To identify the dominant region or segment in the global digital battlefield market.
- To identify drivers and challenges for the global digital battlefield market.
- To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in the global digital battlefield market.
- To identify and analyze the profiles of leading players operating in the global digital battlefield market.
- To identify key sustainable strategies adopted by market players in global digital battlefield market.
Report Scope:
In this report, global digital battlefield market has been segmented into following categories, in addition to the industry trends which have also been detailed below:
Digital Battlefield Market, By Offering:
- Hardware
- Software
- Services
Digital Battlefield Market, By Platform:
- Land
- Naval
- Airborne
- Space
Digital Battlefield Market, By Application:
- Warfare Platforms
- Cyber Security
- Logistics & Transportation
- Surveillance & Situational Awareness
- Command & Control
- Communication
- Health Monitoring
- Predictive Maintenance
- Threat Monitoring
- Others
Digital Battlefield Market, By Region:
- North America
- United States
- Canada
- Mexico
- Asia-Pacific
- China
- India
- Japan
- Thailand
- Indonesia
- Australia
- South Korea
- Europe & CIS
- Germany
- France
- United Kingdom
- Spain
- Italy
- Netherlands
- Russia
- Poland
- South America
- Brazil
- Argentina
- Middle East & Africa
- Saudi Arabia
- Iran
- Israel
- UAE
- Turkey
For more information about this report visit https://www.researchandmarkets.com/r/h4n5xz
