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C4ISR Market Worth $154.0 billion by 2028 at a CAGR of 5.2%

The C4ISR market is estimated at USD 113.4 billion in 2022 and is projected to reach USD 154.0 billion by 2028, at a CAGR of 5.2% from 2022 to 2028.

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C4ISR Market Worth $154.0 billion by 2028 at a CAGR of 5.2%

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  1. C4ISRMarketWorth$154.0billionby 2028 at a CAGR of5.2% TheC4ISRMarketisprojectedtogrowfromUSD113.4Billionin2022toUSD154.0 Billionby2028,ataCAGRof5.2%duringtheforecastperiodTheincreaseddemand for carrying outsurveillance activities along conflict areas, the expenditure economies, risingdefense ofemerging theincreasing incidence of terror attacks, and the growing number of ongoingintercountry conflicts have led to the growth of the C4ISR market across the globe. Additionally, theincreasing deployment of personnel and weapon systems in active war zones has resulted in a significant increase in the demand for C4ISR systems across theglobe. Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=1315 Based on platform, the airborne segment is projected to is to lead the market due to the increased use of communication satellites for fast and secure data transfer. In September 2020, the US Army’s Tactical Exploitation of National Capabilities office, the Defense Innovation Unit, contracted Northrop Grumman to build two new prototype ground stations that will help the army use satellite imagery for deep sensing. Based on application, the intelligence, surveillance, and reconnaissance segment is expected to lead due to technological advancements for mission-critical data. In September 2020, Lockheed Martin developed signals intelligence capabilities for the Distributed Common Ground System, the US Air Force’s ISR system using agile development. In November 2020, L3Harris Technologies was awarded a firm-fixed- price contract to missionize three new King Air 350ER aircraft for the Canadian manned airborne intelligence, surveillance, and reconnaissance (CMAISR)project. Basedonsolution,thehardwaresegmentisexpectedtodominatetheC4ISRmarket from 2022 to 2028. The increasing demand for sensors in next-generation airborne intelligence,surveillance,andreconnaissancesystems,theneedfor5Gnetworksfor faster wireless data transfer, the demand for wired communication devices underwater and subsurface military applications, the increasing demand for tactical navigation systems for unmanned platforms and for portable, rugged devices for dismounted soldiers, along with the increasing need for intelligence gathering will drive the market. Based on Region, North America is expected to lead the C4ISR market in 2022, with the US being the largest market in the region. The increasing investments inC4ISR

  2. systemstoenhancethedefenseandsurveillancecapabilitiesofthearmedforces,the modernization of existing military platforms and critical infrastructure, as well as lawenforcementagenciesincreasinglyusingC4ISRsystemsarekeyfactorsexpected to drive the market in NorthAmerica. Key MarketPlayers Major players operating in the C4ISR market include Lockheed Martin Corporation (US), Raytheon Technologies Corporation (US), BAE Systems Inc. (UK), General Dynamics Corporation (US), and Northrop Grumman (US). These companies have reliable manufacturing facilities as well as strong distribution networks across key regions, such as North America, Europe, and Asia Pacific. They have an established portfolio of reputable products and services, a robust market presence, and strong business strategies. Furthermore, these companies have a significant market share, products with wider applications, broader geographical use cases, and a larger product footprint. News Also Covered: https://www.prnewswire.com/news-releases/c4isr-market- worth-154-0-billion-by-2028---exclusive-report-by-marketsandmarkets- 301767659.html AboutMarketsandMarkets™ MarketsandMarkets™ is a blue ocean alternative in growth consulting and program management, leveraging a man-machine offering to drive supernormal growth for progressive organizations in the B2B space. We have the widest lens on emerging technologies, making us proficient in co-creating supernormal growth forclients. TheB2Beconomyiswitnessingtheemergenceof$25trillionofnewrevenuestreams that are substituting existing revenue streams in this decade alone. We work with clients on growth programs, helping them monetize this $25 trillion opportunity through our service lines - TAM Expansion, Go-to-Market (GTM) Strategy to Execution, Market Share Gain, Account Enablement, and Thought Leadership Marketing. Contact: Mr. Aashish Mehra MarketsandMarkets™INC. 630 DundeeRoad Suite 430 Northbrook, IL60062 USA:1-888-600-6441

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