(MENAFN- PR Newswire) NEW YORK, July 24, 2023 /PRNewswire/ -- The military mobile computing systems market report has been added to Technavio's offering. The
military mobile computing systems market
is estimated to grow by USD 1,387.07 million
from 2022 to 2027, growing at a CAGR of 7.93% . North America is estimated to account for
43%
of the global market growth.
One of the main countries in North America which is significantly contributing to the
military mobile computing systems market growth is the US due to its extensive R&D investments in the defense sector. There is an increasing focus on defense technology research and development, mainly in the development of
robust, cost-effective military systems that are important for critical missions.
The US Department of Defense is one of the world's largest purchasers of arms and armor, and
all U.S. arms transactions, from raw materials to spares, fuel, food, reuse of military equipment and infrastructure, inventory, and supplier storage and tracking, are handled by the
Defense Logistics Agency (DLA). Hence such factors are expected to drive the
military mobile computing systems market growth in the region during the forecast period.
For Comprehensive details on the market size of the historic period(2017 to 2021) and forecast period (2023-2027) - view sample report continue reading
![Technavio has announced its latest market research report titled Global Military Mobile Computing Systems Market]( "Technavio has announced its latest market research report titled Global Military Mobile Computing Systems Market")
Technavio has announced its latest market research report titled Global Military Mobile Computing Systems Market
Military Mobile Computing Systems
Market - Vendor Landscape
The military mobile computing systems market is fragmented;
the vendors are competing with competitors and are trying to get a greater market share. The market is growing, and the chances of new entrants cannot be overlooked. The major vendors have well-established economies of scale and market presence and generally rely on positioning technological advances, and the price of the products - The report provides a full list of key vendors, their strategies, and the latest developments. buy now
Military Mobile Computing Systems
Market - Market Dynamics
Major Drivers & Challenges -
The increasing focus on
ISR operations drives the
military mobile computing systems market growth during the forecast period. Intelligence, Surveillance, and Reconnaissance (ISR) operations is an integral part of any military mission, and decision-making in such high-risk operation highly rely on the
collection and analysis of this information. The process of surveillance mainly comprises
real-time monitoring of the activities and actions of military authorities and armed forces to observe their major movements. Surveillance is facilitated by the utilization of sensors to create /images or videos of the field. On the other hand, the reconnaissance process involves the intelligence-gathering activity which is used to
analyze the
enemy forces' resources and terrain. Hence, the importance of such high-risk operations is expected to drive the
military mobile computing systems market growth during the forecast period.
Cybersecurity threats can significantly hinder
the growth of the
military mobile computing systems market during the forecast period. The main advanced technologies which are employed for the
communication and transfer of information between the platform and controller are armored vehicles and UAVs.
Flight parameters such as speed and altitude are determined by the several parameters which are sent by the onboard
sensors. Thus, the interference of such signals can be from an external source that impacts one or more flight parameters by changing the data transmitted over the UAV and unmanned armored vehicle data link, which can lead to catastrophic results. Furthermore, it is a major requirement for the sender and receiver to use the same channel for proper communication in military mobile computer systems. Hence, if the enemy is able to track the channel, they can send interference signals. Hence, such factors are expected to hinder the
military mobile computing systems market growth during the forecast period.
Key Trends -
The ongoing digitization of battlefield operations is a primary trend in the
military mobile computing systems market.
Digitizing battlefield comprises a system where components are integrated, evaluated, acquired, and updated together. There is increasing adoption of
information-based weapon systems by militaries across the world as it can offer
combat vehicle crews with effective firepower and a knowledge base, ensuring both on-board and external sensors and weapons are coordinated and deployed. The main applications of this connected technology include missile detection and counter-terrorism. The main advantage of this advancement in technologies is that it offers the military the capability
to
remotely detect, locate and detect personnel, vehicles, vessels, and aircraft on runways in all weather conditions. Hence, such factors are expected to drive the
military mobile computing systems market growth during the forecast period.
Technavio has identified key trends, drivers, and challenges in the market, which will help clients improve their strategies to stay ahead of their competitors. - view sample report
Company Profiles
The military mobile computing systems market report includes information on the product launches, sustainability, and prospects of leading vendors, including ASELSAN AS, BAE Systems Plc, Collins Aerospace, Curtiss Wright Corp., Elbit Systems Ltd., Getac Holdings Corp., Inmarsat Global Ltd., Israel Aerospace Industries Ltd., L3Harris Technologies Inc., Leonardo Spa, Lockheed Martin Corp., Miltope, Northrop Grumman Systems Corp., Panasonic Holdings Corp., Rolta India Ltd., Saab AB, Samsung Electronics Co. Ltd., Thales Group, Viasat Inc., and Zebra Technologies Corp.
Competitive Analysis
The report includes competitive analysis, a proprietary tool to analyze and evaluate the position of companies based on their industry position score and market performance score. The competitive scenario categorizes companies based on various performance indicators. Some of the factors considered include the financial performance of companies over the past few years, growth strategies, product innovations, new product launches, investments, and growth in market share, among others.
Market Segmentation
The
Military Mobile Computing Systems Market is analyzed in terms of Components
(products and services), device (radio, smartphones, tablets, and PCs and laptops), and
geography (North America, Europe, APAC, South America, and Middle East and Africa).
The market share growth by the
products segment is significant during the forecast period. One of the main reasons for the significant growth of this segment is due to the increasing demand for
highly secure networks, mainly in mission-critical operations. As most military and defense missions are subjected to harsh environmental conditions, these missions highly depend on
rugged and reliable devices such as mobile and handheld computers. Furthermore, secure mobile communication technologies in the defense sector due to the rising
demand for highly secure networks are expected to significantly contribute to the market growth. Hence, such factors are expected to drive the
military mobile computing systems market growth during the forecast period.
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| Military Mobile Computing Systems Market Scope |
| Report Coverage | Details |
| Base year | 2022 |
| Historic period | 2017-2021 |
| Forecast period | 2023-2027 |
| Growth momentum & CAGR | Accelerate at a CAGR of 7.93% |
| Market growth 2023-2027 | USD 1,387.07 million |
| Market structure | Fragmented |
| YoY growth 2022-2023 (%) | 7.6 |
| Regional analysis | North America, Europe, APAC, South America, and Middle East and Africa |
| Performing market contribution | North America at 43% |
| Key countries | US, China, India, Russia, and UK |
| Competitive landscape | Leading Vendors, Market Positioning of Vendors, Competitive Strategies, and Industry Risks |
| Key companies profiled | ASELSAN AS, BAE Systems Plc, Collins Aerospace, Curtiss Wright Corp., Elbit Systems Ltd., Getac Holdings Corp., Inmarsat Global Ltd., Israel Aerospace Industries Ltd., L3Harris Technologies Inc., Leonardo Spa, Lockheed Martin Corp., Miltope, Northrop Grumman Systems Corp., Panasonic Holdings Corp., Rolta India Ltd., Saab AB, Samsung Electronics Co. Ltd., Thales Group, Viasat Inc., and Zebra Technologies Corp. |
| Market dynamics | Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, Market condition analysis for the forecast period |
| Customization purview | If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
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