C5ISR systems market will reach $165.3 billion across the globe by 2030, study saysNews
September 16, 2020
NORTH WALES, Penn. The world market for C5ISR [Command, Control, Computers, Communications, Cyber, Intelligence, Surveillance and Reconnaissance] will grow by 3.3% every year between 2020 and 2030, reacing $165.3 billion by 2030, according to a recent report by GMD Research, "Global C5ISR Systems Market 2020-2030 by Solution, Platform (Land, Airborne, Naval, Space), Application, End User (Defense, Commercial), and Region: Trend Forecast and Growth Opportunity."
Driving the market, say the study authors, will be increasing political conflicts and global terrorism and along with extensive defense-modernization programs by many nations.
To learn more, visit the GMD Research website.