C4ISR Market 2020–2024 | Growing Acceptance of Crew Systems to Boost Growth | Technavio
Technavio has been monitoring the C4ISR market and it is poised to grow by USD 30.22 bn during 2020–2024, progressing at a CAGR of over 4% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment. Request a free sample report
The market is concentrated, and the degree of concentration will accelerate during the forecast period. Lockheed Martin Corp., Northrop Grumman Corp., Raytheon Co., Saab AB and Thales Group are some of the major market participants. Although the growing acceptance of CREW systems will offer immense growth opportunities, complexities of cyber security will challenge the growth of the market participants. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.
Growing acceptance of crew systems has been instrumental in driving the growth of the market. However, complexities of cyber security might hamper market growth.
C4ISR Market 2020–2024: Segmentation
C4ISR Market is segmented as below:
Platform
- Land Based
- Airborne
- Naval
- Space Based
Geographic Segmentation
- APAC
- Europe
- MEA
- North America
- South America
To learn more about the global trends impacting the future of market research, download a free sample: https://www.technavio.com/talk-to-us?report=IRTNTR41594
C4ISR Market 2020–2024: Scope
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. Our C4ISR market report covers the following areas:
- C4ISR Market Size
- C4ISR Market Trends
- C4ISR Market Industry Analysis
This study identifies increasing integration of android and IoS-based devices as one of the prime reasons driving the C4ISR market growth during the next few years.
C4ISR Market 2020–2024: Vendor Analysis
We provide a detailed analysis of around 25 vendors operating in the C4ISR market, including some of the vendors such as Lockheed Martin Corp., Northrop Grumman Corp., Raytheon Co., Saab AB and Thales Group. Backed with competitive intelligence and benchmarking, our research reports on the C4ISR market are designed to provide entry support, customer profile and M&As as well as go-to-market strategy support.
