Command & Control Systems: $35.65 Billion Worldwide Markets, 2022 - ResearchAndMarkets.com

October 9, 2018
The “Command and Control Systems Market by Platform (Airborne C2, Land C2, Maritime C2, Space C2), Solution (C2 Hardware, C2 Software, C2 Services), Application (Defense, Commercial), and Region (NA, EU, APAC, ME, Row) - Global Forecast to 2022” report has been added to ResearchAndMarkets.com’s offering.The command and control systems market is estimated at USD 29.10 Billion in 2017, and is projected to reach USD 35.65 Billion by 2022, at a CAGR of 4.15% from 2017 to 2022.The integration of command and control systems into existing platforms is projected to drive the market. Integration facilitates data sharing and advance intelligence capabilities which provide operational planning capabilities. Various technological advancements in the market, such as big data analytics and cloud computing, among others are expected to lead to the development of commercial command and control systems.The growth rates of markets in North America and Europe are expected to be considerably low during the forecast period, owing to decreased demand in these regions for command and control systems. The high cost involved in the development and maintenance of command and control systems is expected to act as a restraint for the growth of the market.

On the basis of application, the defense segment in the command and control systems market is projected to account for the largest share during the forecast period. The usage of these systems in various military and homeland security applications is expected to lead to the high demand for these systems.

On the basis of platform, the land segment is estimated to lead the market in terms of market size in 2017 and is expected to continue to lead over the next five years. Investments in various commercial installations for security management are expected to lead to the growth of the command and control systems market.

On the basis of solution, the software type segment in the command and control systems market is projected to account for the largest share during the forecast period. Physical Security Information Management (PSIM), signaling & traffic management, infrastructure safety & security management, and military situational awareness are the major types of software systems being used in the market.

Companies Profiled

AlstomBAE SystemsCACICNL SoftwareCisco SystemsElbit SystemsFrequentisGeneral DynamicsHoneywellInnovatorsKratos Defense & Security SolutionsLeidosLeonardoLignex1Lockheed MartinMotoRoLA SolutionsNorthrop GrummanRaytheonRockwell CollinsRolta India LimitedSaabSiemensSopra SteriaSystematic A/STermaThalesUltra Electronics

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SOURCE: Research and Markets

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PUB: 10/09/2018 06:17 AM/DISC: 10/09/2018 06:17 AM


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