The global digital battlefield market size is projected to grow from USD 32.9 billion in 2020 to USD 68.9 billion by 2025, at a CAGR of 15.9% from 2020 to 2025.
2. Scope of The Report
Research report categorizes the digital battlefield market based on Solution, Platform, Applicati
on, Technology & by region.
And More…
By Solution
• Hardware
• Software
• Service
By Platform
• Airborne
• Naval
• Land
• Space
By Technology
• Artificial Intelligence
• IoT
• Big Data
• 5G
• Cloud Computing
• Master Data Management
3. COVID-19 Impact on the Digital Battlefield Market
And More…
The COVID-19 pandemic has caused significant damage to the economic ac
tivities of countries across the world. The manufacture of digital battlefield pro
ducts including systems, subsystems, and components has also been impact
ed. Although next generation digital battlefield products for defense applicatio
ns are of prime importance, disruptions in the supply chain have halted their
manufacturing processes for the time being. Resuming manufacturing activiti
es depends on the level of COVID-19 exposure, the level at which manufactu
ring operations are running, and import-export regulations, among other facto
rs.
4. Digital Battlefield Market Dynamics
• The high capability of 5G technology, which can support over 1 million de
vices in a square kilometer range, will push the demand for digital battlefi
eld products across the globe. Multiple devices including military devices
embedded with smart sensors can be connected to each other using a 5
G network.
• 5G technology can reach a speed of over 18 to 20 gigabits per second,
which is to 10 times faster than 4G.
• The use of the 5G network to improvise intelligence, surveillance, and re
connaissance (ISR) systems and their processing is one of the major dri
vers for digital battlefield market growth.
5. Key Segments
The Indian government is focusing on the development of military product
s and decreasing its procurement plans from China. The government of A
ustralia has accelerated contract payments to local defense companies. R
elief efforts are being carried out to support the supply chain.
Demand among defense forces remains high due to military upgrad
es as well as new procurement programs, particularly in developed
and developing economies such as the US, India, and China, amon
g others.
Browse 193 market data Tables and 81 Figures spread through 341
Pages and in-depth TOC on "Digital Battlefield Market - Global Fore
cast to 2025"
Rising modernization of military equipment to strengthen defense forc
es is driving the growth of the digital battlefield products in defense a
pplications
The global digital battlefield market size is projected to grow from USD
32.9 billion in 2020 to USD 68.9 billion by 2025, at a CAGR of 15.9% from
2020 to 2025.
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6. Digital Battlefield Market Growth Rate
2025
Market Size of
$32.9 Billion
Market Size of
$68.9 Billion
2020
CAGR of 15.9%
7. Key Vendors
Vendors
View Report Here - https://www.marketsandmarkets.com/Market-Reports/digital
-battlefield-market-73234342.html
• BAE Systems (UK)
• Northrop Grumman Corporation (US)
• Raytheon Technologies Corporation (US)
• Lockheed Martin Corporation (US)
• Thales Group (US)
8. Top Region..
• North America
• Europe
• Asia Pacific
• Middle East
• Africa
• Latin America
View Report Here - https://www.marketsandmarkets.com/Market-Reports/digital-battlefield-market-732
34342.html
9. 1. How has the market shaped up? Historic trends, early adopters, regulation, tipping point etc.
2. What are the burning issues? How can they be addressed?
3. What will your New Revenue Sources be?
4. Which regions will offer the most promising opportunities?
5. Who are the leading players in this market? What strategies are they adopting to stay ahead of
competition?
6. How will the market shape up in next five years? competition?
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