The command and control systems market has seen robust growth, advancing from $37.16 billion in 2023 to $39.98 billion in 2024, marking a compound annual growth rate (CAGR) of 7.6%. This increase in the historical period is attributed to military modernization, evolution of the threat landscape, concerns about cybersecurity, requirements for disaster management, and border security and surveillance. The market is expected to continue strong growth, projected to reach $52.5 billion by 2028, with a CAGR of 7.0%. This anticipated growth is fueled by the integration of artificial intelligence (AI), network-centric warfare, integration of space-based systems, multi-domain operations, and strategic shifts in global alliances. Noteworthy trends during the forecast period include technological advancements in communication, integration of AI and machine learning (ML), cybersecurity enhancements, interoperability, integration, and adoption of cloud-based solutions.
Major Driver In The Command And Control Systems Market
Increasing military budgets worldwide is expected to propel the growth of the command-and-control systems market going forward. A military budget is an amount of money allocated by a government for military-related expenses, including salaries, training, equipment, research, development, and operational costs, to ensure the readiness and effectiveness of the armed forces in the defense of the country. A defense budget includes the size of that entity's economy, other financial pressures on that entity, and the government's or people's willingness to pay for such military activities, as a result, it helps the entity's capacity to support military activity and that support command-and-control systems market. For instance, in April 2022, according to a report published by Stockholm International Peace Research Institute (SIPRI), a Sweden-based organization that provides information on international peace and security, in 2021, total worldwide military spending increased by 0.7% in real terms to $2113 billion. Furthermore, China, the world's second-largest spender allocated $293 billion to its military in 2021, up 4.7% from 2020. Therefore, increasing military budgets worldwide is driving the growth of the command-and-control systems market.
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Command And Control Systems Market Competitive Landscape
Siemens, General Electric Company, Raytheon Technologies Corporation, Boeing Company, Lockheed Martin Corporation, International Business Machines Corporation, Cisco Systems Inc., General Dynamics Corporation, Schneider Electric SE, Northrop Grumman, Honeywell International Inc., BAE Systems, NEC Corporation, Thales Group, ASELSAN Elektronik Sanayi ve Ticaret A.S., L3Harris Technologies Inc., Leonardo SpA, Motorola Solutions Inc., CACI International Inc., Sopra Steria Group, Rheinmetall AG, Collins Aerospace, Saab AB, Indra Sistemas S.A., Kongsberg Gruppen, LIG Nex1 Co. Ltd., Elbit Systems Ltd., The RAND Corporation, Systematic A/S, PT Prima Teknologi Intermedia, Hitachi Ltd., Huawei Technologies Co. Ltd., Advantech Co. Ltd., Johnson Controls International plc
Key Command And Control Systems Market Trend
Technological advancement is a key trend gaining popularity in the command and control systems market. Major market players are concentrating their efforts on creating innovative technologies and integrating them into these systems to enhance their capabilities. For instance, in June 2022, Milrem Robotics launched command and control (C2) technology for intelligent unmanned systems at Eurosatory 2022. The unmanned aerial and ground vehicle (UxV) solution combines sensing and effector data from various payloads into a composite command and control system, enabling continuous monitoring and management of crucial parameters of the UxV systems.
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Command And Control Systems Market Segmentation
The command and control systems market covered in this report is segmented –
1) By Installation Type: Fixed Command Centers, Deployable Command Centers
2) By Solution: Software, Services
3) By Platform: Land, Maritime, Airborne, Space
4) By Application: Government And Defense, Homeland Security and Cyber Protection, Commercial
By Geography:The regions covered in the command and control systems market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
North America was the largest region in the command and control systems market in 2023.
The Command And Control Systems Global Market Report 2024 furnishes information about the global command and control systems market, encompassing details like market size, projections for growth, segmentation across various sectors and regions, and an overview of competitors, including their revenues, profiles, and market shares. Furthermore, the report pinpoints potential opportunities and strategic directions derived from market trends and the strategies adopted by key competitors. The report also offers an assessment of how the COVID-19 pandemic, the Russia-Ukraine conflict, and increasing inflation have affected both global and regional markets, furnishing valuable strategic insights for businesses.
