Command-and-control systems market worth $25.04 billion by 2025, study saysNews
May 09, 2019
SAN FRANCISCO. The global command-and-control (C2) systems market is anticipated to reach $25.04 billion by 2025, a CAGR of 3.8% over the forecast period, states a new report by Grand View Research, "Command and Control Systems Market Size, Share & Trends Analysis Report By Platform (Land, Maritime, Space, Airborne), By Solution, By Application (Defense, Commercial), And Segment Forecasts, 2019-2025."
C2 systems offer technological advantages, for example real-time information sharing and situational awareness, that enhance the operational competence of military operations. The C2 market is expected to be driven over the forecast period by extensive adoption of these systems to manage mission-critical situations.
The maritime segment is estimated to witness the highest growth over the forecast period; contributing to segment growth will be mounting investment in naval development across the world along with increasing global trade activities and usage of cargo ships in maritime trade. Technological advancements such as those brought by C2 systems offer benefits such as higher efficiency in battlefield operations, situational awareness, and effective planning and decision-making in mission-critical situations.
Fueling the demand for C2 systems will be geopolitical conflicts in Asian countries such as India, China, and Pakistan, together with multinational military practices performed by the armed forces in Middle East.
For additional information on this market study visit the Grand View Research website.