New York, July 05, 2022 (GLOBE NEWSWIRE) -- Reportlinker.com announces the release of the report "C4ISR Market: Segmented: By Component, By Application, By Platform, By End User And Region Global Analysis of Market Size, Share & Trends For 20192021 And Forecasts To 2031" - https://www.reportlinker.com/p06288795/?utm_source=GNW However, civil sector institutions such as airports,railways,and oil and gas exploration departments are increasingly using them. The C4ISR system is a collection of systems, commonly known as a network of networks, that operates on the same principles as the Internet. As a result, it is vulnerable to comparable attacks known as cyber attacks, which necessitate the implementation of proper security measures to protect it from such attacks or to recover if the attack succeeds. Cyber security of C4ISR systems refers to all of the steps taken to accomplish this.
Market HighlightsGlobal C4ISR Market is expected to project a high up CAGR of 4.2% by 2031.
Some of the primary drivers driving the market are the deployment of small, reliable, and advanced C4ISR systems in a variety of applications, which has increased demand around the world. The cost of these systems has decreased as a result of improvements in ISR technologies and improvements in their manufacturing procedures. Armed forces and law enforcement agencies improved defensive and surveillance capabilities are pushing the C4ISR market.
Global C4ISR Market: SegmentsServices segment is expected to register maximum market share over the forecast period
The requirement to improve armoured forces operational efficiency, the growing need to support C4ISR system life extension initiatives, and the growing usage of augmented reality andvirtual realityin battle management and planning are all propelling the C4ISR market forward.
Space segment is estimated to account for the fastest growth of the market from 2021 to 2026
Due to the rising usage of communication satellites for rapid and secure data transfer, as well as the expanding use of earth-observation satellites for C4ISR systems, the market for space C4ISR is expected to develop at the fastest CAGR.
Market DynamicsDriversThe best compatible new generation control systems are expected to boost the growth of the market
Previously, separate security devices employed different systems and control systems that were incompatible with one another. All the information is combined from all sensors to create a comprehensive picture of any circumstance. Data fusion from air defence radars, along with electro-optical, acoustic, and infrared devices, enhances surveillance and mission planning capabilities in military systems.
Increasing expenditure for programs used in defense is another driver
With the introduction of various space-based technologies that can replace traditional C4ISR architecture, several governments are designating specific defence spending plans to such initiatives. The capabilities of C4ISR from space have become increasingly vital for military forces, as they give a technological advantage over enemies. The introduction of small satellites that provide comparable capability to traditional satellites while reducing costs is encouraging investments in space-based C4ISR systems.
RestraintGrowing number of threats
In recent years the number of cyberattacks in the military has increased, the significant limitation of market participants in the C4ISR system is the lack of secure networks to send critical data. This is a national security issue in this industry. Malware and phishing are two common examples of cyberattacks, as are social engineering, DDoS attacks, and brute force attacks. The National Defense Forces have suffered significant financial and data losses as a result of these attacks, which have gotten increasingly damaging.
Global C4ISR Market: Key PlayersLockheed Martin CorporationCompany Overview, Business Strategy, Key Product Offerings, Financial Performance, Key Performance Indicators, Risk Analysis, Recent Development, Regional Presence, SWOT Analysis
General Dynamics CorporationBAE Systems PLCNorthrop Grumman CorporationSAAB ABL3 Technologies Inc.Rockwell Collins Inc.Harris CorporationCACI International Inc.Elbit Systems Ltd.
Global C4ISR Market: RegionsIn 2021, the C4ISR market is likely to be led by North America. In North America, the United States holds the major market for C4ISR. Increased investment in C4ISR systems to improve armed forces defence and surveillance capabilities, modernisation of current military platforms, essential infrastructure, and increased use of C4ISR systems by law enforcement agencies is likely to drive the market in North America.
Impact of COVID-19 on C4ISR MarketThe COVID-19 pandemic has wreaked havoc on countries economies all around the world. C4ISR manufacture has also been obstructed, including systems, subsystems, and components. In spite of the fact that C4ISR systems are vital for a systems proper conclusion, supply chain disruptions have temporarily halted their manufacturing operations. The level of COVID-19 exposure, the level at which manufacturing facilities are functioning, import-export rules, with other things, all together have a role in resuming manufacturing activity.
Global C4ISR Market is further segmented by region into:
North America Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR United States and CanadaLatin America Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR Mexico, Brazil and Rest of Latin AmericaEurope Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR United Kingdom, France, Germany, Russia, and Rest of EuropeAsia Pacific Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR India, China, South Korea, Japan, and Rest of APACMiddle East and Africa Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR The UAE, Saudi Arabia, Turkey, and Rest of Middle East and AfricaGlobal C4ISR Market report also contains analysis on:
C4ISR Market Segments:
By ComponentSolutionServicesBy ApplicationCommand & ControlCommunicationsComputersIntelligenceSurveillance & ReconnaissanceElectronic WarfareBy PlatformLandNavalAirborneSpaceBy End-UserDefenseCommercialC4ISR Market DynamicsC4ISR Market SizeSupply & DemandCurrent Trends/Issues/ChallengesCompetition & Companies Involved in the MarketValue Chain of the MarketMarket Drivers and RestraintsC4ISR Market Report Scope and SegmentationReport Attribute Details
Market size value in 2021 USD 120.2 billionRevenue forecast in 2031 USD 181.1 billionGrowth Rate CAGR of 4.2% from 2021 to 2031Base year for estimation 2020Quantitative units Revenue in USD billion and CAGR from 2021 to 2031Report coverage Revenue forecast, company ranking, competitive landscape, growth factors, and trendsSegments covered Component, Application, Platform, End User and RegionRegional scope North America, Latin America, Europe, Asia Pacific, Middle East & Africa (MEA)Key companies profiled Lockheed Martin Corporation, General Dynamics Corporation, BAE Systems PLC, Northrop Grumman Corporation, SAAB AB, L3 Technologies Inc., Rockwell Collins Inc., Harris Corporation, CACI International Inc., and Elbit Systems Ltd.Read the full report: https://www.reportlinker.com/p06288795/?utm_source=GNW
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