Military Computers Market by Computer Type (Rugged (Wearable, Portable), Embedded (Flight, Utility, Fire, Positioning, Vetronics, Air Defense), Platform (Aircraft, Naval, Ground)) - ResearchAndMarkets.com
DUBLIN--(BUSINESS WIRE)--Dec 17, 2018--The “Military Computers Market by Computer Type (Rugged (Wearable, Portable), Embedded (Flight Control, Utility Control, Fire Control, Positioning, Vetronics, Air Defense Systems), Platform (Aircraft, Naval, Ground), and Region - Global Forecast to 2023” report has been added to ResearchAndMarkets.com’s offering.
Increasing demand for portable and wearable computers in battlefields and increasing modernization of weapons systems and network-centric warfare systems are driving the market for military computers globally
The military computers market size is expected to grow from USD from USD 7.9 billion in 2018 to USD 10.5 billion by 2023, at a CAGR of 5.85% during the forecast period.
The market for military computers is driven by factors such as the modernization of weapon systems, demand for portable and rugged computers in battlefields, and the shift from traditional warfare toward network-centric warfare. The threats from cyber attacks are restraining the market because one minor problem in a system can hamper the entire military operation.
The rugged segment is projected to grow at a higher CAGR during the forecast period due to the significant demand for rugged computers and wearables in military services across the globe. Militaries around the globe are focusing on deploying more portable and technologically-advanced computers in war zones. The ruggedness of military devices such as laptops, handhelds, and wearables is necessary to survive and function properly in extreme conditions such as extreme heat and cold.
Militaries around the world are showing interest in wearable computers for delivering fast and accurate information to soldiers on the ground. The easy portability and accuracy in terms of information transfer are expected to drive this segment in the near future. Wearable technologies enable soldiers to either track or be tracked in real-time and with great precision - which ensures their safety as well as diminishes the chances of failure in high-risk operations. Also, the easiness with which these devices can be carried by soldiers in war zones makes these devices preferable.
Companies MentionedBae Systems Cobham Curtiss-Wright Elbit Systems Esterline Technologies Getac Technology Corp. L3 Technologies Northrop Grumman Panasonic Corporation Raytheon Rockwell Collins Saab AB Safran Teledyne Technologies Thales Zebra Technologies Corp.
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INDUSTRY KEYWORD: TECHNOLOGY HARDWARE SOFTWARE DEFENSE OTHER DEFENSE
SOURCE: Research and Markets
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PUB: 12/17/2018 09:00 AM/DISC: 12/17/2018 09:01 AM