London, 13 July 2015: Technavio, the independent tech-focused global research firm, has published a report on the global C4ISR market 2015-2019, which is expected to grow at a CAGR of 3.67% during the period 2014-2019.
C4ISR is a critical aspect of the defense departments of many countries, which provides guidance to military commanders in making key decisions by providing valuable information and integrating data from multiple sources. It is also used for communication between commanding officers and military units.
It uses different technologies such as C2 systems for command and control, SDR, satellites, and other portable devices for communication; it uses airborne and maritime patrolling and SIGINT for ISR activities.
“The increase in demand for more bandwidth to connect ground forces and to build a network for unmanned aircrafts has resulted in high dependence of the military on commercial communication satellite (SATCOMS),” says Faisal Ghaus, Vice President of Technavio.
“With commercial-off-the-shelf products, defense departments can get the latest technology for shorter lease periods, resulting in reduced costs.”
Key Market Drivers
- Increased Spending on C4ISR in APAC and Middle East
- Technological Advancements
- Growing Application of C4ISR by Civil Government Agencies
Key Market Trends
- Increasing Preference for Integrated C4ISR System
- Use of Commercial SATCOMS in Defense Sector
- Increase in Use of UAV
Key Market Vendors
- BAE Systems
- Elbit Systems LTD
- Lockheed Martin Corp.
- Northrop Grumman Corp.
- Raytheon
To define the market circumstances in the next 3-4 years, Technavio analysts have conducted in-depth analysis of the impact of market drivers, challenges and trends featuring data on product segmentations, vendor shares, growth rate by revenue and an evaluation of the different buying criteria in the order of importance.
https://www.technavio.com/%3Cp%3EIf%20you%20are%20interested%20in%20more%…
