According to the latest report by IMARC Group, The global command and control system market is expected to exhibit a CAGR of XX% during 2022-2027.
SHERIDAN, WYOMING, UNITED STATES, July 21, 2022 /EINPresswire.com/ -- According to the latest report by IMARC Group “Command and Control System Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027“, The global command and control system market is expected to exhibit a CAGR of XX% during 2022-2027.
A command and control system relies on software, hardware, equipment, standard procedures, applications, and different interfaces to facilitate communication across all levels of command. It also involves allocating resources, formulating concepts, positioning forces, and supervision. It assists military organizations in directing, effective planning, and monitoring operations-assigned forces by providing comprehensive, accurate, and real-time information.
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Market Trends:
Increasing terror attacks across the globe represent one of the key factors catalyzing the demand for command and control systems to combat and limit terror attacks. Besides this, rising geopolitical tensions are increasing the need for situational awareness among military organizations to keep track of combatant aircraft, ships, and weapons. Furthermore, the growing use of space-based command and control infrastructure for enhanced connectivity and mission support is creating a favorable outlook for the market. Additionally, leading players are focusing on upgrading and modernizing command and control systems to serve the needs of the defense sector. This, along with the increasing defense budget on technological advancements, is anticipated to support the growth of the market.
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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